1 EXHIBIT 11 - COMPUTATION OF EARNINGS PER SHARE MICROS SYSTEMS, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER SHARE (In thousands, except per share data) Three Months Ended September 30, 1999 1998 ---- ---- Weighted-average number of common shares 16,290 16,115 Dilutive effect of outstanding stock options 1,083 933 ------ ------ Weighted-average number of common and common equivalent shares outstanding 17,373 17,048 ====== ====== Net income $5,138 $3,508 ====== ====== Basic net income per common share $0.32 $0.22 ====== ====== Diluted net income per common share $0.30 $0.21 ====== ====== 20