1
Exhibit 11.1
AFFILIATED COMPUTER SERVICES, INC. AND SUBSIDIARIES
Computation of Earnings Per Common and Common Equivalent Share
(in thousands except per share data)
Three Months Ended Six Months Ended
December 31, December 31,
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1996 1995 1996 1995
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NET INCOME $ 9,130 $ 5,072 $ 17,663 $ 10,733
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PRIMARY
Weighted average number of shares outstanding 35,474 26,798 35,434 26,724
Additional weighted average shares from assumed
exercise of dilutive stock options and
warrants, net of shares assumed to be
repurchased with exercise proceeds 1,103 728 1,081 718
Additional weighted average shares from assumed
issuance of shares issuable from acquisitions -- 130 -- 130
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36,577 27,656 36,515 27,572
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Earnings per share $ 0.25 $ 0.18 $ 0.48 $ 0.39
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FULLY DILUTED
Weighted average number of shares outstanding 35,474 26,798 35,434 26,724
Additional weighted average shares from assumed
exercise of dilutive stock options and
warrants, net of shares assumed to be
repurchased with exercise proceeds 1,130 852 1,154 888
Additional weighted average shares from assumed
issuance of shares issuable from acquisition -- 130 -- 130
Additional weighted average shares from assumed
conversion of preferred stock -- 58 -- 58
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36,604 27,838 36,588 27,800
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Earnings per share (fully diluted): $ 0.25 $ 0.18 $ 0.48 $ 0.39
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