EX-11 2 dex11.txt EXHIBIT 11.1-COMPUTATION OF EARNINGS Exhibit 11.1 COGNOS INCORPORATED Computation of Earnings Per Share in accordance with Canadian Generally Accepted Accounting Principles (US$000s, except share amounts)
Year Ended --------------------------------------------------------- February 28, February 29, February 28, 2001 2000 1999 ----------------- ---------------- --------------- Basic Net income................................................. $62,736 $54,542 $58,122 ====== ====== ====== Weighted average number of shares outstanding (1)......................................... 87,324 85,972 87,416 ====== ====== ====== Net income per share (1)................................... $0.72 $0.63 $0.66 ==== ==== ==== Fully diluted Net income................................................. $62,736 $54,542 $58,122 Add imputed interest on options (net of tax)............... 2,496 2,941 2,571 ------ ------ ------ Adjusted net income........................................ $65,232 $57,483 $60,693 ====== ====== ====== Weighted average number of shares (1)...................... 87,324 85,972 87,416 Add share options (1)...................................... 5,171 6,110 5,988 ------ ------ ------ Fully diluted weighted average number of shares (1)......................................... 92,495 92,082 93,404 ====== ====== ====== Fully diluted net income per share (1)..................... $0.71 $0.62 $0.65 ==== ==== ====
(1) Reflects the two-for-one stock split authorized April 6, 2000. 1