EXHIBIT 11
DURA PHARMACEUTICALS, INC.
STATEMENTS RE COMPUTATIONS OF NET INCOME PER SHARE
IN THOUSANDS, EXCEPT PER SHARE AMOUNTS
(UNAUDITED)
THREE MONTHS ENDED
MARCH 31,
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1999 1998
NET INCOME PER SHARE - BASIC
Net Income...................................... $ 7,766 $ 7,164
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Weighted Average Number of Common and Common
Equivalent Shares:
Common stock................................ 44,100 45,975
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Net Income per Share............................ $ 0.18 $ 0.16
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NET INCOME PER SHARE - DILUTED
Net Income...................................... $ 7,766 $ 7,164
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Weighted Average Number of Common and Common
Equivalent Shares Assuming Issuance of All
Dilutive Contingent Shares:
Common stock................................ 44,100 45,975
Stock options............................... 910 833
Warrants.................................... 676 1,715
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Total.................................... 45,686 48,523
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Net Income per Share............................ $ 0.17 $ 0.15
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