1 EXHIBIT 11.1 Interpore International Computations of Net Income Per Share (in thousands, except per share data) (unaudited) Three months ended March 31, ---------------------------- 1997 1996 ------ ------ Net income $ 259 $ 175 ====== ====== Calculation of shares used in computing net income per share: Weighted average common shares outstanding 6,955 6,963 Weighted average convertible preferred stock 77 240 Common share equivalents outstanding 284 306 ------ ------ Shares used in computing net income per share 7,316 7,509 ====== ====== Net income per share $ .04 $ .02 ====== ====== 15