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Exhibit 11
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)
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YEARS ENDED
JUNE 30,
2000 1999
<S> <C> <C>
Net loss (a) $ (20,942) $ (8,847)
Accrued dividends on preferred stock (738) (1,176)
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Net loss available to holders of common stock (b) (21,680) (10,023)
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Basic and diluted net loss per share (b/c) $ (0.93) $ (1.01)
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Weighted average shares outstanding - basic
and diluted (c) 23,317,847 9,955,261
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Pro forma basic and diluted net loss per share (a/d) $ (0.73) $ (0.41)
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Pro forma basic and diluted weighted average
shares outstanding (d) 28,854,370 21,745,539
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