CONCURRENT COMPUTER CORPORATION EXHIBIT 12 BASIC AND DILUTED EARNINGS PER SHARE COMPUTATION THREE MONTHS ENDED SIX MONTHS ENDED DECEMBER 31, 1997 DECEMBER 31, 1997 ----------------- ------------------- FULLY FULLY BASIC DILUTED BASIC DILUTED ------- -------- -------- --------- Average outstanding shares: . . . . 47,021 47,021 46,599 46,599 Primary options outstanding . . . . - - - - Fully diluted options outstanding . - 1,079 - 765 ------- -------- -------- --------- Equivalent Shares . . . . . . . . . 47,021 48,100 46,599 47,364 ======= ======== ======== ========= Net income. . . . . . . . . . . . . $ 1,423 $ 1,423 $ 2,723 $ 2,723 Preferred stock dividends and accretion of preferred shares - - (18) (18) ------- -------- -------- --------- Net income available to common stockholders. . . . . . . . . . . $ 1,423 $ 1,423 $ 2,705 $ 2,705 ======= ======== ======== ========= Earnings per share. . . . . . . . . $ 0.03 $ 0.03 $ 0.06 $ 0.06 ======= ======== ======== =========