COMPUTATION OF NET INCOME (LOSS) PER SHARE

Published on June 13, 1997




INTUIT INC. EXHIBIT 11.01
COMPUTATION OF NET INCOME (LOSS) PER SHARE
(In thousands, except per share amounts; unaudited)



THREE MONTHS ENDED NINE MONTHS ENDED
APRIL 30, APRIL 30,
1996 1997 1996 1997
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PRIMARY
Computation of common and common equivalent
shares outstanding:
Weighted average common shares
outstanding 45,229 46,526 44,976 46,322
Equivalent shares issuable upon exercise
of options -- 726 2,449 1,085
- --------------------------------------------------------------------------------------------------------------
Shares used in computing per share amounts 45,229 47,252 47,425 47,407
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Net income (loss) $ (308) $ 488 $ 1,280 $ 88,124
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Per share amount $ (0.01) $ 0.01 $ 0.03 $ 1.86
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FULLY-DILUTED
Computation of common and common equivalent
shares outstanding:
Weighted average common shares
outstanding 45,229 46,526 44,976 46,322
Equivalent shares issuable upon exercise
of options -- 726 2,636 1,085
- -------------------------------------------------------------------------------------------------------------
Shares used in computing per share amounts 45,229 47,252 47,612 47,407
=============================================================================================================
Net income (loss) $ (308) $ 488 $ 1,280 $ 88,124
=============================================================================================================
Per share amount $ (0.01) $ 0.01 $ 0.03 $ 1.86
=============================================================================================================