1 EXHIBIT 11 FTP SOFTWARE, INC. WEIGHTED SHARES USED IN COMPUTATION OF EARNINGS PER SHARE FULLY DILUTED PRIMARY FOR THE YEAR ENDED DECEMBER 31, 1996: Common stock outstanding, beginning of the year 26,506,729 26,506,729 Weighted average common stock issued during 1996 3,389,301 3,389,301 ---------- ---------- Weighted average shares of common stock outstanding, end of the year 29,896,030 29,896,030 ========== ========== FOR THE YEAR ENDED DECEMBER 31, 1995: Common stock outstanding, beginning of the year 23,344,122 23,344,122 Weighted average common stock issued during 1995 1,811,161 1,811,161 Weighted average common stock equivalents 4,304,545 4,304,545 Weighted average treasury shares acquired using the treasury stock method (1,197,232) (1,244,628) ---------- ---------- Weighted average shares of common stock outstanding, end of the year 28,262,596 28,215,200 ========== ========== FOR THE YEAR ENDED DECEMBER 31, 1994: Common stock outstanding, beginning of the year 21,693,780 21,693,780 Weighted average common stock issued during 1994 768,112 768,112 Weighted average common stock equivalents 7,911,313 7,940,918 Weighted average treasury shares acquired using the treasury stock method (1,303,289) (1,849,923) ---------- ---------- Weighted average shares of common stock outstanding, end of the year 29,069,916 28,552,887 ========== ==========