1 Hyperion Software Corporation Exhibit (11) - Statement Re: Computation of Earnings Per Share (Unaudited) (in thousands, except per share amounts) THREE MONTHS ENDED SEPTEMBER 30, 1996 1995 ------------------ PRIMARY Weighted average number of common shares outstanding 17,060 16,226 Weighted average number of common equivalent shares outstanding 753 1,664 ------- ------- 17,813 17,890 ======= ======= Net income $ 2,041 $ 2,216 ======= ======= Per share amount $ .11 $ .12 ======= ======= FULLY DILUTED Weighted average number of common shares outstanding 17,060 16,226 Weighted average number of common equivalent shares outstanding 953 1,730 ------- ------- 18,013 17,956 ======= ======= Net income $ 2,041 $ 2,216 ======= ======= Per share amount $ .11 $ .12 ======= =======