1 EXHIBIT 11.01 HNC SOFTWARE INC. STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS (IN THOUSANDS, EXCEPT PER SHARE DATA) THREE MONTHS ENDED SEPTEMBER 30, NINE MONTHS ENDED SEPTEMBER 30, 1997 1996 1997 1996 ------------------- ------------------ ------------------- ------------------ FULLY FULLY FULLY FULLY PRIMARY DILUTED PRIMARY DILUTED PRIMARY DILUTED PRIMARY DILUTED ------- ------- ------- ------- ------- ------- ------- ------- NET INCOME $ 2,956 $ 2,956 $ 1,429 $ 1,429 $ 7,597 $ 7,597 $ 1,068 $ 1,068 ======= ======= ======= ======= ======= ======= ======= ======= SHARES (1) Weighted average common shares outstanding 19,473 19,473 18,845 18,845 19,328 19,328 18,551 18,551 Weighted average common stock options and warrants as determined by application of the treasury stock method 1,416 1,503 1,511 1,650 1,244 1,548 1,780 1,857 ------- ------- ------- ------- ------- ------- ------- ------- Weighted average common and common equivalent shares outstanding 20,889 20,976 20,356 20,495 20,572 20,876 20,331 20,408 ======= ======= ======= ======= ======= ======= ======= ======= NET INCOME PER SHARE OF COMMON STOCK $ 0.14 $ 0.14 $ 0.07 $ 0.07 $ 0.37 $ 0.36 $ 0.05 $ 0.05 ======= ======= ======= ======= ======= ======= ======= ======= - --------------------- (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.