EXHIBIT 11.01 THE INDUS GROUP, INC. STATEMENT OF COMPUTATION OF PRO FORMA NET INCOME PER SHARE (In thousands, except share amounts) (Unaudited) Three Months Ended Six Months Ended June 30, June 30, ------------------- ------------------- 1997 1996 1997 1996 ------ ------ ------ ------ Pro forma net income ........................................................... $ 2,931 $ 2,051 $ 5,744 $ 3,854 ====== ====== ====== ====== Shares used in per share computation: Weighted average outstanding .............................................. 19,038 17,752 18,834 16,868 Equivalent shares assumed to be outstanding had options granted prior to 1995 been exercised and used to repurchase shares at their then fair value ........................................... 778 1,623 879 1,666 ------ ------ ------ ------ 19,816 19,375 19,713 18,534 ====== ====== ====== ====== Pro forma net income per share ................................................. $ 0.15 $ 0.11 $ 0.29 $ 0.21 ====== ====== ====== ======