EXHIBIT 11.1 MAUNA LOA MACADAMIA PARTNERS, L.P. Computation of Net Income per Class A Unit (Unaudited) (In Thousands, Except Per Unit Data) Three Months Six Months Ended June 30, Ended June 30, -------------- ------------- 1997 1996 1997 1996 ---- ---- ---- ---- Net income (loss) $ 43 (56) 269 (174) Class A Unitholders (ownership percentage) x 99% x 99% x 99% x 99% ------ ------ ------ ------ Net income (loss) allocable to Class A Unitholders $ 42 (55) 266 (172) ===== ====== ====== ====== Class A Units outstanding 7,500 7,500 7,500 7,500 ===== ====== ====== ====== Net income (loss) per Class A Unit $ 0.01 (0.01) .04 (0.02) ==== ====== === ======