Exhibit 11.1 Corporate Express, Inc. Statement Regarding Computation of Net Income Per Share (In thousands, except per share amounts) Primary Earnings Per Share Three Months Three Months Ended Ended 31-May-97 1-Jun-96 --------------- --------------- Pro forma net income $ 10,022 $ 11,752 ============== ============== Pro forma net income per share $ 0.08 $ 0.09 ============== ============== Weighted average shares outstanding 126,293 118,321 Common Stock Equivalents: Stock options and warrants 3,953 9,041 Convertible notes - (A) - (A) --------------- --------------- Total weighted average shares outstanding 130,246 127,362 ============== ============== Fully Diluted Earnings Per Share Fully diluted earnings per share differs from primary earnings per share by less than 3%. - --------------------------------------------------------- ------------------- (A) Amounts are excluded from the calculation as they are anti-dilutive.