Exhibit 11
COMPUTER TELEPHONE CORP
STATEMENTS REGARDING COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS EXCEPT FOR PER SHARE DATA)
THREE MONTHS ENDED SIX MONTHS ENDED
September 30, September 30, September 30, September 30,
1995 1994 1995 1994
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PRIMARY
Average shares outstanding 4,684 3,756 4,679 3,752
Net effect of stock options, if dilutive,
based on the treasury stock method
using the average market price 576 484 519 426
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Total 5,260 4,240 5,198 4,178
Net income $ 949 $ 333 $ 1,638 $ 470
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Net income per share $ 0.18 $ 0.08 $ 0.32 $ 0.11
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FULLY DILUTED
Average shares outstanding 4,684 3,756 4,679 3,752
Net effect of stock options, if dilutive,
based on the treasury stock method
using the period-end market price 604 536 551 465
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Total 5,288 4,292 5,230 4,217
Net income $ 949 $ 333 $ 1,638 $ 470
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Net income per share $ 0.18 $ 0.08 $ 0.31 $ 0.11
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11
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf by the undersigned
thereunto duly authorized.
COMPUTER TELEPHONE CORP.
Date: October 30, 1995 /S/ ROBERT FABBRICATORE
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Robert Fabbricatore
Chairman and President
Date: October 30, 1995 /S/ JOHN D. PITTENGER
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John D. Pittenger
Treasurer