1 EXHIBIT 11 MICROS SYSTEMS, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (unaudited - in thousands, except per share data) Three months ended December 31, 1996 1995 ----------- ---------- Weighted-average number of common shares 7,958 7,882 Dilutive effect of outstanding stock options 97 133 ------ -------- Weighted-average number of common and common equivalent shares outstanding 8,055 8,015 ====== ======== Net income (loss) $4,011 $(5,088) ====== ======== Net income (loss) per common and common $ 0.50 $ (0.63) equivalent share ====== ======== Six months ended December 31, 1996 1995 ----------- ---------- Weighted-average number of common shares 7,952 7,872 Dilutive effect of outstanding stock options 45 126 ------ --------- Weighted-average number of common and common 7,997 7,998 equivalent shares outstanding ====== ========= Net income (loss) $6,338 $ (1,834) ====== ========= Net income (loss) per common and common $ 0.79 $ (0.23) equivalent share ====== ========= 21