Exhibit 11.01
MACROMEDIA, INC. AND SUBSIDIARIES
COMPUTATION OF NET INCOME (LOSS) PER SHARE
(In thousands, except per share data)
Three Months Ended Nine Months Ended
December 31, December 31,
--------------------- --------------------
1997 1996 1997 1996
------- ------- ------- -------
Net (loss) income $(7,251) $(2,359) $(8,177) $ 9,371
------- ------- ------- -------
------- ------- ------- -------
Weighted average number of common shares outstanding 38,307 37,475 38,085 37,306
Basic (Loss) Earnings per Share $ (0.19) $ (0.06) $ (0.21) $ 0.25
------- ------- ------- -------
------- ------- ------- -------
Net (loss) income $(7,251) $(2,359) $(8,177) $ 9,371
------- ------- ------- -------
------- ------- ------- -------
Weighted average number of common shares outstanding 38,307 37,475 38,085 37,306
Number of common stock equivalents as a result
of stock options outstanding -- -- -- 3,908
Number of common stock equivalents as a result
of the Employee Stock Purchase Plan -- -- -- 8
------- ------- ------- -------
Weighted average number of common shares outstanding
-- assuming dilution 38,307 37,475 38,085 41,222
------- ------- ------- -------
------- ------- ------- -------
Diluted (Loss) Earnings per Share* $ (0.19) $ (0.06) $ (0.21) $ 0.23
------- ------- ------- -------
------- ------- ------- -------
* In cases of a net loss, no additonal shares are assumed issued because they
would be anti-dilutive.
18