ANALOGY, INC. COMPUTATION OF PER SHARE EARNINGS (LOSS) IN THOUSANDS Three months ended Six months ended September 30, September 30, -------------------- -------------------- 1997 1996 1997 1996 ------- -------- -------- -------- Net income (loss) $ 317 $ (932) $ (93) $ (1,641) ------- -------- ------- -------- ------- -------- ------- -------- Earnings (loss) per share $ 0.03 $ (0.11) $ (0.01) $ (0.20) ------- -------- ------- -------- ------- -------- ------- -------- Weighted average shares outstanding: Common stock 9,171 8,356 9,149 8,334 Common stock issuable upon exercise of stock options 637 -- -- -- ------- -------- ------- -------- Shares used in per share calculations 9,808 8,356 9,149 8,334 ------- -------- ------- -------- ------- -------- ------- --------