Exhibit 11
COMPUTER TELEPHONE CORP
STATEMENTS REGARDING COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS EXCEPT FOR PER SHARE DATA)
Three Months Ended
June 30, June 30,
1996 1995
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PRIMARY
Average shares outstanding 9,585 $ 9,348
Net effect of stock options, if dilutive,
based on the treasury stock method
using the average market price 1,396 921
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Total 10,981 10,269
Net income $ 1,194 $ 689
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Net income per share $ 0.11 0.07
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FULLY DILUTED
Average shares outstanding 9,585 $ 9,348
Net effect of stock options, if dilutive,
based on the treasury stock method
using the period-end market price 1,396 996
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Total 10,981 10,344
Net income $ 1,194 $ 689
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Net income per share $ 0.11 0.07
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