EXHIBIT 11.1 SONIC SOLUTIONS STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Years Ended March 31, 1995, 1996 and 1997 (In thousands, except per share amounts) Year Ended March 31, -------------------- 1995 1996 1997 ---- ----- ----- Net income (loss)...................... $2,534 (3,557) (5,191) ------ ------ ------ Weighted average number of common shares outstanding............. 7,351 7,447 7,542 Number of common stock equivalents as a result of stock options outstanding using the treasury stock method................. 375 -- -- Total...................... $7,726 7,447 7,542 ------ ------ ------ Primary and fully diluted net income per share............................. $ 0.33 (0.48) (0.69) ------ ------ ------ 58