1 MICROS SYSTEMS, INC. AND SUBSIDIARIES three months ended December 31, 1995 and 1994 Exhibit 11 - Computation of Earnings Per Share (Unaudited - in thousands, except per share data) Three Months Ended ------------------------------------- December 31, December 31, 1995 1994 ------------- ------------- Weighted-average number of common shares 7,882 7,839 Dilutive effect of outstanding stock options 133 118 ------------- ------------- Weighted-average number of common and common equivalent shares outstanding 8,015 7,957 ------------- ------------- Net income (loss) per statements of operations $ (5,088) $ 2,880 ============= ============= Net income (loss) per common and common equivalent share $ (0.63) $ 0.36 ============= ============= 18 2 MICROS SYSTEMS, INC. AND SUBSIDIARIES six months ended December 31, 1995 and 1994 Exhibit 11 - Computation of Earnings Per Share (Unaudited - in thousands, except per share data) Six Months Ended -------------------------------------- December 31, December 31, 1995 1994 ------------- ------------- Weighted-average number of common shares 7,872 7,820 Dilutive effect of outstanding stock options 126 130 ------------- ------------- Weighted-average number of common and common equivalent shares outstanding 7,998 7,950 ============= ============= Net income (loss) per statements of operations $ (1,834) $ 5,916 ============= ============= Net income (loss) per common and common equivalent share $ (0.23) $ 0.74 ============= ============= 19