Exhibit 11.1
FAIR, ISAAC AND COMPANY, INCORPORATED
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS EXCEPT PER SHARE DATA)
Six-Months Ended Three-Months Ended
March 31 March 31
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1997 1996 1997 1996
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Primary Earnings Per Share:
Weighted Average Common Shares
Outstanding 12,637 12,343 12,672 12,357
Dilutive effect of outstanding options
(as determined by the
treasury stock method) 376 447 372 446
---------- ---------- ---------- --------
Weighted Average Common Shares,
as Adjusted 13,013 12,790 13,044 12,803
========== ========== ========== ==========
Net Income $ 9,577 $ 7,897 $ 5,093 $ 4,373
========== ========== ========== ==========
Primary Earnings per Share $ 0.74 $ 0.62 $ 0.39 $ 0.34
========== ========== ========== ==========
Fully Diluted Earnings Per Share:
Weighted Average Common Shares
Outstanding 12,637 12,343 12,672 12,357
Dilutive effect of outstanding options
(as determined by the
treasury stock method) 376 507 372 491
---------- ---------- ---------- ----------
Weighted Average Common Shares,
as Adjusted 13,013 12,850 13,044 12,848
========== ========== ========== ==========
Net Income $ 9,577 $ 7,897 $ 5,093 $ 4,373
========== ========== ========== ==========
Fully Diluted Earnings Per Share $ 0.74 $ 0.61 $ 0.39 $ 0.34
========== ========== ========== ==========
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