1 EXHIBIT 11 FTP SOFTWARE, INC. WEIGHTED SHARES USED IN COMPUTATION OF EARNINGS PER SHARE THREE MONTHS SIX MONTHS ENDED ENDED ------------ ---------- FOR THE PERIOD ENDED JUNE 30, 1997: Common stock outstanding, beginning of the period 33,801,769 33,646,203 Weighted average common stock issued during the period ended June 30, 1997 40,583 128,338 ---------- ---------- Weighted average shares of common stock outstanding 33,842,352 33,774,541 ========== ========== FOR THE PERIOD ENDED JUNE 30, 1996: Common stock outstanding, beginning of the period 26,966,222 26,506,729 Weighted average common stock issued during the period ended June 30, 1996 190 445,922 ---------- ---------- Weighted average shares of common stock outstanding 26,966,412 26,952,651 ========== ========== For the three- and six-month periods ended June 30, 1997 and 1996 there was no material difference between the computation of fully diluted and primary weighted shares of common stock equivalents outstanding.