EXHIBIT 11.1 GENERAL SURGICAL INOVATIONS, INC. AND SUBSIDIARY COMPUTATION OF NET LOSS PER SHARE (1) (In thousands, expect per share data) Quarter Ended September 30 -------------------------------- 1996 1995 -------- -------- Primarily and Fully Diluted: Weighted average common shares........ 13,147 3,352 Common and common equivalent shares pursuant to Staff Accounting Bulletin No. 63...................... 3,201 -------- -------- Shares used in per share calculation.... 13,147 6,553 -------- -------- -------- -------- Net loss................................ $ (229) $ (1,048) -------- -------- -------- -------- Net loss per share...................... $ (0.02) $ (0.16) -------- -------- -------- -------- - ------------------- (1) There is no difference between primary and fully diluted net loss per share for all periods presented.