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EXHIBIT - 11.01
STATEMENT REGARDING COMPUTATION OF NET (LOSS) INCOME PER SHARE
FIREARMS TRAINING SYSTEMS, INC.
STATEMENT REGARDING COMPUTATION OF (LOSS) EARNINGS PER COMMON SHARE
(In thousands)
<TABLE>
<CAPTION>
BASIC (LOSS)EARNINGS DILUTED (LOSS) EARNINGS
PER SHARE(1) PER SHARE(1)
THREE MONTHS ENDED TWELVE MONTHS ENDED
MARCH 31, MARCH 31,
--------------------------- ---------------------------
2000 1999 2000 1999
-------- -------- -------- --------
<S> <C> <C> <C> <C>
Weighted average common and common
shares outstanding 20,760 20,686 20,760 20,686
Shares issued upon assumed exercise
of outstanding options -- -- -- --
-------- -------- -------- --------
Weighted average common and common
equivalent shares outstanding 20,760 20,686 20,760 20,686
======== ======== ======== ========
Net (loss) / income $(18,902) $ (3,107) $(18,902) $ (3,107)
======== ======== ======== ========
(Loss) Earnings per share $ (0.91) $ (0.15) $ (0.91) $ (0.15)
======== ======== ======== ========
</TABLE>
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(1) Shares reflect a 100,000-for-one stock split in July 1996 in connection with
the recapitalization and a split of 1.66-for-one in October 1996.
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