LCC INTERNATIONAL INC
10-Q, EX-11, 2000-11-13
RADIOTELEPHONE COMMUNICATIONS
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Exhibit 11

Computations of Earnings Per Common Share
                                                   
1999
Three Months Ended Nine Months Ended
September 30, September 30,
Net Per Share Net Per Share
Loss Shares Amount Loss Shares Amount
(In thousands, except per share data)
Basic EPS
                                                
 
Net income (loss) available to common shareholders
   $ (1,160 )     18,133     $ (0.06 )   $ (6,219 )     16,487     $ (0.38 )
     
             
     
             
 
Effect of Dilutive Securities Stock option plans
             —                       —          
             
                     
         
Dilutive EPS
                                                
 
Net income (loss) available to common shareholders and assumed conversions
   $ (1,160 )     18,133     $ (0.06 )   $ (6,219 )     16,487     $ (0.38 )
     
     
     
     
     
     
 

[Additional columns below]

[Continued from above table, first column(s) repeated]
                                                   
2000
Three Months Ended Nine Months Ended
September 30, September 30,
Net Per Share Net Per Share
Income Shares Amount Income Shares Amount
(In thousands, except per share data)
Basic EPS
                                                
 
Net income (loss) available to common shareholders
   $ 1,904       20,417     $ 0.09     $ 18,364       20,320     $ 0.90  
     
             
     
             
 
Effect of Dilutive Securities Stock option plans
             1,951                       2,043          
             
                     
         
Dilutive EPS
                                                
 
Net income (loss) available to common shareholders and assumed conversions
   $ 1,904       22,368     $ 0.09     $ 18,364       22,363     $ 0.82  
     
     
     
     
     
     
 

Note:  Options to purchase 2.3 million shares of Class A Common Stock were outstanding during the nine months ended September 30, 1999, but were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive. Options to purchase 40,100 shares of Class A Common Stock were outstanding during the nine months ended September 30, 2000 but were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive. Options to purchase 38,100 shares of Class A Common Stock were outstanding during the three months ended September 30, 2000 but were not included in the computation of diluted earnings per share because the effect would have been anti-dilutive.

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