ALLIANCE SEMICONDUCTOR CORPORATION
COMPUTATION OF NET INCOME (LOSS) PER SHARE
AND COMMON EQUIVALENT SHARES
(in thousands, except per share data)
(unaudited)
Three Months Ended Nine Months Ended
December 31, December 31,
1996 1995 1996 1995
-------- -------- -------- --------
Net income (loss) ............................ $ (1,338) $ 2,161 $(13,831) $ 37,123
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Weighted average number of common shares
outstanding during the period ............ 38,513 37,968 38,471 37,777
Weighted-average common stock
equivalents (calculating using the
"treasury stock" method) representing
shares issuable upon exercise stock
options
-- 3,278 -- 3,934
-------- -------- -------- --------
Weighted-average common shares and equivalents
38,513 41,246 38,471 41,711
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Net income (loss) per share .................. $ (0.03) $ 0.05 $ (0.36) $ 0.89
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