EXHIBIT 11.1 TRIQUINT SEMICONDUCTOR, INC. EXHIBIT 11.1 CALCULATION OF NET INCOME PER COMMON AND COMMON EQUIVALENT SHARE (In thousands, except per share information) THREE MONTHS ENDED ------------------------ MARCH 31, MARCH 31, 1997 1996 --------- --------- Net income (loss) $ 1,767 $ 910 ------- ------- ------- ------- Primary weighted average number of common and common equivalent shares outstanding 9,020 8,590 ------- ------- ------- ------- Net income (loss) per common and common equivalent share $ 0.20 $ 0.11 ------- ------- ------- ------- Fully dilluted weighted average number of common and common equivalent shares outstanding 9,020 8,590 ------- ------- ------- ------- Net income (loss) per common and common equivalent share $ 0.20 $ 0.11 ------- ------- ------- ------- 20