EXHIBIT 11.1
GENERAL SURGICAL INNOVATIONS, INC. AND SUBSIDIARY
COMPUTATION OF NET LOSS PER SHARE (1)
(IN THOUSANDS, EXCEPT PER SHARE DATA)
YEAR ENDED JUNE 30,
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1997 1996 1995
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Primary and Fully Diluted:
Weighted average common shares.......................... 13,197 4,201 3,295
Common and common equivalent shares pursuant to Staff
Accounting Bulletin No. 83............................ 3,201 3,201
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Shares used in per share calculation...................... 13,197 7,411 6,496
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Net loss.................................................. $ (1,876) $ (5,465) $ (4,051)
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Net loss per share........................................ $ (0.14) $ (0.74) $ (0.62)
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(1) There is no difference between primary and fully diluted net loss per share
for all periods presented.