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Previous: COMPUTER NETWORK TECHNOLOGY CORP, 10-Q, 2000-12-14 |
Next: COMPUTER NETWORK TECHNOLOGY CORP, 10-Q, EX-27, 2000-12-14 |
<PAGE> 1
EXHIBIT 11
COMPUTER NETWORK TECHNOLOGY CORPORATION
Statement Re: Computation of Net Income Per Basic and Diluted Share
(in thousands, except per share data)
(Unaudited)
<TABLE>
<CAPTION>
Weighted Average Per Share
Net Income Shares Outstanding Amount
---------- ------------------ ------
<S> <C> <C> <C>
Three Months Ended October 31, 2000:
Basic $ 3,705 25,248 $ .15
Dilutive effect of employee stock purchase
awards and options(1) - 2,610 (.02)
--------------------------------------------------------------
Diluted $ 3,705 27,858 $ .13
==============================================================
Three Months Ended September 30, 1999:
Basic $ 2,749 23,441 $ .12
Dilutive effect of employee stock purchase
awards and options(1) - 2,266 (.01)
--------------------------------------------------------------
Diluted $ 2,749 25,707 $ .11
==============================================================
Nine Months Ended October 31, 2000:
Basic $ 7,588 24,432 $ .31
Dilutive effect of employee stock purchase
awards and options(1) - 2,303 (.03)
--------------------------------------------------------------
Diluted $ 7,588 26,735 $ .28
==============================================================
Nine Month Ended September 30, 1999:
Basic $ 7,232 22,998 $ .31
Dilutive effect of employee stock purchase
awards and options(1) - 2,554 (.03)
--------------------------------------------------------------
Diluted $ 7,232 25,552 $ .28
==============================================================
</TABLE>
(1) Potential dilutive securities, consisting of outstanding stock options and
shares issuable under the employee stock purchase plan, are included in the
computation of diluted net income per share using the treasury stock
method.
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