1 EXHIBIT 11.01 HNC SOFTWARE INC. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (IN THOUSANDS, EXCEPT PER SHARE DATA) THREE MONTHS ENDED MARCH 31, 1997 1996 ------------------------- --------------------------- PRIMARY FULLY DILUTED PRIMARY FULLY DILUTED ------- ------------- ------- ------------- NET INCOME (LOSS) $ 2,183 $ 2,183 $ (727) $ (727) ======= ======= ======== ======== SHARES (1) Weighted average common shares outstanding 19,194 19,194 18,198 18,198 Weighted average common stock options and warrants as determined by application of the treasury stock method (2) 1,203 1,203 -- -- ------- -------- -------- Weighted average common and common equivalent shares outstanding 20,397 20,397 18,198 18,198 ======= ======= ======== ======== NET INCOME (LOSS) PER SHARE OF COMMON STOCK $ 0.11 $ 0.11 $ (0.04) $ (0.04) ======= ======= ======== ======== - ---------- (1) All share and per share amounts have been adjusted to give retroactive effect to the stock split effected as a stock dividend, which occurred on April 3, 1996. (2) In accordance with Accounting Principles Board Opinion No. 15, these common stock equivalents are not included in the 1996 computation of earnings per share as the Company incurred a net loss and their impact would be anti-dilutive. 18