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EXHIBIT 11.1
EAGLE POINT SOFTWARE CORPORATION AND SUBSIDIARY
CONSOLIDATED STATEMENT REGARDING COMPUTATION OF NET EARNINGS PER SHARE
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Years Ended
2000 1999 1998
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<S> <C> <C> <C>
SHARES USED IN DETERMINING BASIC EARNINGS
PER SHARE:
Weighted average common shares outstanding 4,846,488 4,826,785 4,802,375
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SHARES USED IN DETERMINING DILUTED EARNINGS
PER SHARE:
Weighted average common shares outstanding 4,846,488 4,826,785 4,802,375
Net effect of stock options based on the treasury stock
method using the average market price during the period 94,370 157,862 59,572
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Total weighted average common and common equivalent
shares outstanding 4,940,858 4,984,647 4,861,947
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