EXHIBIT 11.1
THRUSTMASTER, INC.
STATEMENTS REGARDING COMPUTATION
OF PER SHARE EARNINGS
(In thousands, except net income per share)
(Unaudited)
Three Months Ended Nine Months Ended
September 30, September 30,
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1998 1997 1998 1997
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Weighted average number of
common shares outstanding - basic 4,385 4,276 4,353 4,255
Common stock equivalents
arising from stock options - 447 - 365
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Weighted average number of
common shares outstanding - diluted 4,385 4,723 4,353 4,620
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Net income (loss) $(3,282) $ 836 $(7,352) $1,454
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Net income (loss) per share - basic $ (0.75) $ 0.20 $ (1.69) $ 0.34
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Net income (loss) per share - diluted $ (0.75) $ 0.18 $ (1.69) $ 0.31
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