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EXHIBIT 11.1
SOFTWARE 2000, INC.
COMPUTATION OF NET INCOME PER COMMON SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
YEAR ENDED
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AUGUST 31, SEPTEMBER 30,
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1994 1995 1996
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Net income...................................................... $ 1,502 $3,684 $ 5,590
Net interest income pursuant to APB 15, paragraph 38(b)......... 91 88 --
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Net income attributable to common shares........................ $ 1,593 $3,772 $ 5,590
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Weighted average common and common equivalent shares outstanding
a. Shares attributable to common stock outstanding.............. 9,877 8,251 10,070
b. Shares attributable to common stock options and warrants
pursuant to APB 15, paragraph 38(a).......................... 618 820 1,299
c. Shares attributable to common stock options pursuant to SAB
83........................................................... 306 330 --
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Weighted average common and common equivalent shares
outstanding................................................... 10,801 9,401 11,369
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Net income per share............................................ $ 0.15 $ 0.40 $ 0.49
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