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Previous: COMPUTER NETWORK TECHNOLOGY CORP, 10-Q, 2000-09-14 |
Next: COMPUTER NETWORK TECHNOLOGY CORP, 10-Q, EX-27, 2000-09-14 |
<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 July 31, 2000:
Basic $ 2,053 24,102 $ .09
Dilutive effect of employee stock purchase
awards and options(1) - 1,823 (.01)
-------------------------------------------------------------------
Diluted $ 2,053 25,925 $ .08
===================================================================
Three Months Ended June 30, 1999:
Basic $ 1,786 23,062 $ .08
Dilutive effect of employee stock purchase
awards and options(1) - 3,164 (.01)
-------------------------------------------------------------------
Diluted $ 1,786 26,226 $ .07
===================================================================
Six Months Ended July 31, 2000:
Basic $ 3,883 24,020 $ .16
Dilutive effect of employee stock purchase
awards and options(1) - 2,132 (.01)
-------------------------------------------------------------------
Diluted $ 3,883 26,152 $ .15
===================================================================
Six Month Ended June 30, 1999:
Basic $ 4,483 22,773 $ .20
Dilutive effect of employee stock purchase
awards and options(1) - 2,876 (.03)
-------------------------------------------------------------------
Diluted $ 4,483 25,649 $ .17
===================================================================
</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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