EX-11.1 4 ex11-1.txt CONPUTATION OF EARNINGS (LOSS) PER SHARE 1 EXHIBIT 11.1 CRAY INC. COMPUTATION OF EARNINGS (LOSS) PER SHARE (IN THOUSANDS, EXCEPT FOR PER SHARE DATA)
Three months ended Six months ended June 30, June 30, 1999 2000 1999 2000 ---------- -------- ---------- -------- Net income (loss) for common share $ (6,717) $ 3,308 $ (13,598) $ (4,697) ========= ======== ========== ======== Weighted average common shares, basic 16,677 33,367 15,696 31,492 Net effect of dilutive stock options 87 87 Net effect of dilutive warrants 18 18 --------- -------- ---------- -------- Weighted average common shares, diluted 16,677 33,472 15,696 31,597 ========= ======== ========== ======== Earnings (loss) per share, basic $ (0.40) $ 0.10 $ (0.87) $ (0.15) ========= ======== ========== ======== Earnings (loss) per share, diluted $ (0.40) $ 0.10 $ (0.87) $ (0.15) ========= ======== ========== ======== Potentially dilutive securities excluded from computation because they are anti-dilutive 17,735 19,464 17,735 19,464 ========= ======== ========== ========