1 EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE MICROS SYSTEMS, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (Unaudited - in thousands, except per share data) Three Months Ended March 31, 1997 1996 ------- ------ Weighted-average number of common shares 7,960 7,903 Dilutive effect of outstanding stock options 209 137 ------- ------ Weighted-average number of common and common 8,169 8,040 equivalent shares outstanding ======= ====== Net income $ 4,464 $1,182 ======= ====== Net income per common and common equivalent share $ 0.55 $ 0.15 ======= ====== Nine Months Ended March 31, 1997 1996 ------- ------ Weighted-average number of common shares 7,955 7,882 Dilutive effect of outstanding stock options 80 132 ------- ------ Weighted-average number of common and common 8,035 8,014 equivalent shares outstanding ======= ====== Net income (loss) $10,802 $ (652) ======= ====== Net income (loss) per common and common $ 1.34 $(0.08) equivalent share ======= ====== 18