EXHIBIT 11
XATA Corporation
Earnings per Share
Three and Nine months Ending June 30, 2000
<TABLE>
<CAPTION>
Three Months Nine Months
Ended June 30, Ended June 30,
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<S> <C> <C>
BASIC COMPUTATION
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Net earnings $ 302,056 $ 830,927
Less: Preferred Stock dividend $ 8,022 $ 35,023
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Earnings available to common shareholders $ 294,034 $ 795,904
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Weighted average shares outstanding 4,535,225 4,481,982
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BASIC EARNINGS PER SHARE $ 0.06 $ 0.18
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DILUTED COMPUTATION
-------------------
Net earnings available to common shareholders $ 294,034 $ 795,904
Plus: Preferred Stock dividend (assumed conversion) 8,022 $ 35,023
Earnings available to common shareholders -------------- --------------
plus assumed conversions $ 302,056 $ 830,927
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Weighted average shares outstanding 4,535,225 4,481,982
Common stock equivalents * 495,313 514,285
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Weighted average shares outstanding
plus equivalents 5,030,538 4,996,267
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DILUTED EARNINGS PER SHARE $ 0.06 $ 0.17
============== ==============
</TABLE>
* includes 400,000 and 433,460 shares underlying the Company's Series A
Convertible Preferred Stock for the Three and Nine Months Ending June 30,
2000, respectively.
