EX-11 8 ex11.txt STATEMENT RE: COMPUTATION OF UNAUDITED NET INCOME 1 ALLAIRE CORPORATION EXHIBIT 11 STATEMENT RE: COMPUTATION OF UNAUDITED NET INCOME (LOSS) PER SHARE AND PRO FORMA NET INCOME (LOSS) PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA)
THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, ------------------ ----------------- 2000 1999 2000 1999 ------- ------- ------- ------- BASIC: Net income (loss) 1,785 (2,913) 2,776 (5,529) ------- ------- ------- ------- Weighted average common shares outstanding 27,105 22,744 26,997 20,899 ------- ------- ------- ------- Basic net income (loss) per share $ 0.07 $ (0.13) $ 0.10 $ (0.26) ======= ======= ======= ======= DILUTED: Net income (loss) 1,785 (2,913) 2,776 (5,529) ------- ------- ------- ------- Weighted average common shares outstanding 27,105 22,744 26,997 20,899 Weighted common stock equivalents 3,848 - 4,135 - ------- ------- ------- ------- Total weighted average shares 30,953 22,744 31,132 20,899 Diluted net income (loss) per share $ 0.06 $ (0.13) $ 0.09 $ (0.26) ======= ======= ======= =======
SIX MONTHS ENDED JUNE 30, 1999 ----------------- PRO FORMA BASIC: Net income (loss) (5,529) ------- Pro forma weighted average common shares outstanding (1) 20,933 Shares attributable to the assumed conversion of convertible preferred stock upon closing of the initial public offering 898 ------- Total pro forma weighted average shares outstanding 21,831 Pro forma basic net income (loss) per share $ (0.25) ======= PRO FORMA DILUTED: Net income (loss) (5,529) ------- Pro forma weighted average common shares outstanding (1) 20,933 Shares attributable to the assumed conversion of convertible preferred stock upon closing of the initial public offering 898 ------- Total pro forma weighted average shares 21,831 Pro forma diluted net income (loss) per share $ (0.25) =======
(1) Includes outstanding common stock subject to repurchase under a stock restriction agreement which lapsed upon the consummation of the initial public offering in January 1999.