CONCURRENT COMPUTER CORPORATION EXHIBIT 12 BASIC AND DILUTED EARNINGS PER SHARE COMPUTATION THREE MONTHS ENDED NINE MONTHS ENDED MARCH 31, 1998 MARCH 31, 1998 ----------------- ------------------- FULLY FULLY BASIC DILUTED BASIC DILUTED ------- -------- -------- --------- Average outstanding shares: . . . . 47,260 47,260 46,817 46,817 Fully diluted options outstanding . - 1,798 - 1,824 ------- -------- -------- --------- Equivalent Shares . . . . . . . . . 47,260 49,058 46,817 48,641 ======= ======== ======== ========= Net income. . . . . . . . . . . . . $ 1,005 $ 1,005 $ 3,728 $ 3,728 Preferred stock dividends and accretion of preferred shares - - (18) (18) ------- -------- -------- --------- Net income available to common stockholders. . . . . . . . . . . $ 1,005 $ 1,005 $ 3,710 $ 3,710 ======= ======== ======== ========= Earnings per share. . . . . . . . . $ 0.02 $ 0.02 $ 0.08 $ 0.08 ======= ======== ======== =========