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AFFILIATED COMPUTER SERVICES, INC. AND SUBSIDIARIES
COMPUTATION OF EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE
(in thousands except per share data)
Three Months Ended Nine Months Ended
March 31, March 31,
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1997 1996 1997 1996
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NET INCOME $ 10,038 $ 5,735 $ 27,701 $ 16,468
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PRIMARY
Weighted average number of shares outstanding 35,521 27,246 35,462 26,984
Additional weighted average shares from assumed exercise
of dilutive stock options and warrants, net of
shares assumed to be repurchased with exercise
proceeds 850 754 1,017 714
Additional weighted average shares from assumed
issuance of shares issuable from acquisitions -- -- -- --
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36,371 28,000 36,479 27,698
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Earnings per share $ .28 $ .21 $ .76 $ .59
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FULLY DILUTED
Weighted average number of shares outstanding 35,521 27,246 35,462 26,984
Additional weighted average shares from assumed exercise
of dilutive stock options and warrants, net of
shares assumed to be repurchased with exercise
proceeds 850 854 1,017 928
Additional weighted average shares from assumed
issuance of shares issuable from acquisition -- -- -- --
Additional weighted average shares from assumed
conversion of preferred stock -- 52 -- 52
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36,371 28,152 36,479 27,964
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Earnings per share (fully diluted): $ .28 $ .20 $ .76 $ .59
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