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EXHIBIT 11
MECHANICAL DYNAMICS, INC. AND SUBSIDIARIES
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
<TABLE>
<CAPTION>
THREE MONTHS ENDED SIX MONTHS ENDED
JUNE 30, JUNE 30,
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in thousands, except share and per share data 2000 1999 2000 1999
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<S> <C> <C> <C> <C>
BASIC NET INCOME (LOSS) PER SHARE:
Net income (loss) $ 479 ($503) $ 720 ($29)
Weighted average common shares outstanding 6,260,951 6,247,776 6,273,763 6,241,446
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Basic net income (loss) per common share $ 0.08 ($0.08) $ 0.11 $ 0.00
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DILUTED NET INCOME (LOSS) PER SHARE:
Net income (loss) $479 ($503) $720 ($29)
Weighted average common shares outstanding 6,260,951 6,247,776 6,273,763 6,241,446
Effect of stock options 5,613 - 1,926 -
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Adjusted shares outstanding 6,266,564 6,247,776 6,275,689 6,241,446
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Diluted net income (loss) per common share $ 0.08 ($0.08) $ 0.11 $ 0.00
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</TABLE>
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