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EXHIBIT 11
NETSCOUT SYSTEMS, INC.
STATEMENT RE COMPUTATION OF PER SHARE EARNINGS
(UNAUDITED)
BELOW IS A SUMMARY OF THE SHARES USED IN COMPUTING BASIC AND DILUTED NET INCOME
PER SHARE FOR THE PERIODS INDICATED.
<TABLE>
<CAPTION>
THREE MONTHS ENDED
JUNE 30,
2000 1999
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<S> <C> <C>
Weighted average number of shares
outstanding ............................... 26,762,130 14,331,206
Shares attributable to Class B Convertible
Common Stock .............................. -- 6,977,254
Shares attributable to Series A Preferred
Stock ..................................... -- 1,263,158
Stock options ............................. 1,192,362 2,337,007
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Shares used in computing diluted net income
per share ................................. 27,954,492 24,908,625
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</TABLE>
For diluted net income per share, stock options to purchase 780,980 and 205,536
shares of Common Stock for the three months ended June 30, 2000 and 1999,
respectively, were outstanding at period end but were not included in the
computation of diluted net income per share because the exercise prices of the
options were greater than the average fair value of the common stock for the
respective period.
