1 EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE MICROS SYSTEMS, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE for the years ended June 30, 1997, 1996 and 1995 (in thousands, except per share data) 1997 1996 1995 ------- ------- ------- Weighted-average number of common shares 7,959 7,897 7,835 Dilutive effect of outstanding stock options 91 109 117 ------- ------- ------- Weighted-average number of common and common equivalent shares outstanding 8,050 8,006 7,952 ======= ======= ======= Net income $16,332 $ 2,392 $11,577 ======= ======= ======= Net income per common and common equivalent share $ 2.03 $ 0.30 $ 1.46 ======= ======= =======