Exhibit 11.1
NETWORK COMPUTING DEVICES, INC.
Statement Regarding Computation of Shares
Used in Income (Loss) Per Share Computations
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
Three Months Ended September 30, Nine Months Ended September 30,
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1997 1996 1997 1996
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Primary:
Weighted average common shares
outstanding during the period 16,355 16,615 16,852 16,460
Common share equivalents:
Dilutive effect of stock options 1,493 507 1,668 -
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Total 17,848 17,122 18,520 16,460
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Net income (loss) $ 51 $ 20 $ 1,600 $ (6,287)
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Primary income (loss) per share $ 0.00 $ 0.00 $ 0.09 $ (0.38)
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Fully Diluted:
Weighted average common shares
outstanding during the period 16,355 16,615 16,852 16,460
Common share equivalents:
Dilutive effect of stock options 1,602 1,085 1,668 -
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Total 17,957 17,700 18,520 16,460
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Net income (loss), adjusted
for fully diluted calculations $ 51 $ 20 $ 1,600 $ (6,287)
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Fully diluted income (loss) per share $ 0.00 $ 0.00 $ 0.09 $ (0.38)
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