EXHIBIT 11.1 ML MACADAMIA ORCHARDS, L.P. COMPUTATION OF NET INCOME (LOSS) PER CLASS A UNIT (in thousands, except per unit data) 2000 1999 1998 ---------------- ---------------- --------------- Net income (loss) $ (398) $ 4,645 $ 963 Class A Unitholders (ownership percentage) x 99% x 99% x 99% ---------------- ---------------- --------------- Net income (loss) allocable to Class A Unitholders $ (394) $ 4,599 $ 953 ================ ================ =============== Class A Units outstanding 7,500 7,500 7,500 ================ ================ =============== Net income (loss) per Class A Unit $ (0.05) $ 0.61 $ 0.13 ================ ================ ===============