INTUIT INC. EXHIBIT 11.01
COMPUTATION OF NET INCOME PER SHARE
(in thousands, except per share amounts; unaudited)
THREE MONTHS ENDED SIX MONTHS ENDED
JANUARY 31, JANUARY 31,
1996 1997 1996 1997
---------- ---------- ---------- ----------
PRIMARY
Computation of common and common
equivalent shares outstanding:
Weighted average common shares
outstanding 45,023 46,391 44,850 46,220
Equivalent shares issuable upon exercise
of options 2,799 1,240 2,570 1,264
--------------------------------------------------------
Shares used in computing per share amounts 47,822 47,631 47,420 47,484
--------------------------------------------------------
Net income $ 21,910 $115,940 $ 1,588 $ 87,636
--------------------------------------------------------
Per share amount $ 0.46 $ 2.44 $ 0.03 $ 1.85
--------------------------------------------------------
FULLY-DILUTED
Computation of common and common
equivalent shares outstanding:
Weighted average common shares
outstanding 45,023 46,391 44,850 46,391
Equivalent shares issuable upon exercise
of options 2,799 1,240 2,852 1,093
--------------------------------------------------------
Shares used in computing per share amounts 47,822 47,631 47,702 47,484
--------------------------------------------------------
Net income $ 21,910 $115,940 $ 1,588 $ 87,636
--------------------------------------------------------
Per share amount $ 0.46 $ 2.44 $ 0.03 $ 1.85
--------------------------------------------------------
-25-