Exhibit 11.1
FAIR, ISAAC AND COMPANY, INCORPORATED
COMPUTATION OF EARNINGS PER SHARE
(IN THOUSANDS EXCEPT PER SHARE DATA)
Nine-Months Ended Three-Months Ended
June 30 June 30
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1997 1996 1997 1996
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Primary Earnings Per Share:
Weighted Average Common Shares
Outstanding 12,659 12,380 12,703 12,392
Dilutive effect of outstanding options
(as determined by the
treasury stock method) 439 360 420 353
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Weighted Average Common Shares,
as Adjusted 13,098 12,740 13,123 12,745
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Net Income $13,732 $12,196 $ 4,155 $ 4,298
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Primary Earnings per Share $ 1.05 $ 0.96 $ 0.32 $ 0.34
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Fully Diluted Earnings Per Share:
Weighted Average Common Shares
Outstanding 12,659 12,380 12,703 12,392
Dilutive effect of outstanding options
(as determined by the
treasury stock method) 640 467 538 379
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Weighted Average Common Shares,
as Adjusted 13,299 12,847 13,241 12,771
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Net Income $13,732 $12,196 $ 4,155 $ 4,298
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Fully Diluted Earnings Per Share $ 1.03 $ 0.95 $ 0.31 $ 0.34
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