Exhibit 11.1 DSP GROUP, INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (in thousands, except per share data) Three Months Ended March 31, --------------------------- 1997 1996 ------- ------- Net income $2,016 $ 574 ------- ------- ------- ------- PRIMARY: Computation of weighted average common and common equivalent shares outstanding: Weighted average common shares outstanding 9,559 9,459 Common equivalent shares from stock options and warrants 127 76 ------- ------- Shares used in per share computation 9,686 9,535 ------- ------- ------- ------- Net income per share $.21 $.06 ------- ------- ------- ------- FULLY DILUTED: Computation of weighted average common and common equivalent shares outstanding: Weighted average common shares outstanding 9,559 9,459 Common equivalent shares from stock options and warrants 127 113 ------- ------- Shares used in per share computation 9,686 9,572 ------- ------- ------- ------- Net income per share $.21 $.06 ------- ------- ------- -------