1 EXHIBIT 11.1 INTEGRATED SILICON SOLUTION, INC. STATEMENTS OF COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) Three Months Ended Nine Months Ended June 30 June 30 -------------------- --------------------- 1997 1996 1997 1996 -------- -------- -------- --------- Net income (loss) $ (3,919) $(10,550) $ (7,069) $ 4,808 ======== ======== ======== ======== Computation of weighted average common and common equivalent shares outstanding: Weighted average common shares outstanding 17,790 17,515 17,702 17,419 Common equivalent shares from dilutive common stock options and warrants - - - 981 -------- -------- -------- -------- Shares used in per share calculations 17,790 17,515 17,702 18,400 ======== ======== ======== ======== Net income (loss) per share $ (0.22) $ (0.60) $ (0.40) $ 0.26 ======== ======== ======== ======== 15