EX-11 2 ex-11.txt EXHIBIT 11 COMVERSE TECHNOLOGY, INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (UNAUDITED) (IN THOUSANDS, EXCEPT PER SHARE DATA)
THREE MONTHS ENDED APRIL 30, 2000 APRIL 30, 2001 Basic earnings per share: Net income $ 56,206 $ 78,956 ============ ============= Weighted average number of outstanding common shares 157,163 170,747 ============ ============= Basic earnings per share $ 0.36 $ 0.46 ============ ============= Diluted earnings per share: Net income $ 56,206 $ 78,956 Interest expense on 4.5% convertible debentures, net of tax 3,638 3,638 ------------ ------------- Adjusted net income $ 59,844 $ 82,594 ============ ============= Weighted average number of outstanding common shares 157,163 170,747 Additional shares assuming exercise of stock options 15,120 9,149 Additional shares assuming conversion of 4.5% convertible debentures 13,954 13,954 ------------ ------------- Weighted average number of outstanding common shares assuming full dilution 186,237 193,850 ============ ============= Diluted earnings per share $ 0.32 $ 0.43 ============ =============
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