EX-11 2 a2031122zex-11.txt EX-11 EX-11 Statement re Computation of Per Share Earnings EXHIBIT 11 NETSCOUT SYSTEMS, INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (UNAUDITED) Below is a summary of the shares used in computing basic and diluted net income per share for the periods indicated.
Three Months Ended Six Months Ended September 30, September 30, 2000 1999 2000 1999 ---- ---- ---- ---- Weighted average number of shares outstanding ............................. 28,585,492 20,555,524 27,561,035 17,460,573 Shares attributable to Class B Convertible Common Stock ................ -- 3,185,268 -- 5,070,900 Shares attributable to Series A Preferred Stock ......................... -- 576,660 -- 918,034 Shares attributable to unvested Common Stock ............................ -- -- 118,405 -- Stock options ........................... -- 2,257,334 1,275,962 2,299,030 ---------- ---------- ---------- ---------- Shares used in computing diluted net income per share ........................ 28,585,492 26,574,786 28,955,402 25,748,537 ========== ========== ========== ==========
Potential common stock has been excluded from the calculation of net loss per share for the three months ended September 30, 2000 since their inclusion would be antidilutive. As of September 30, 2000, total potential common stock consists of 4,093,794 stock options outstanding with a weighted average exercise price of $13.07 per share and 236,809 unvested shares. For diluted net income per share, stock options to purchase 1,061,072 shares of common stock for the six months ended September 30, 2000 were outstanding at period end but were not included in the computation of diluted net income per share because the exercise prices of the options were greater than the average fair value of the common stock for the respective period.