EXHIBIT 11.1 ELECTRONICS FOR IMAGING, INC. STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (1) (In thousands, except per share data) (Unaudited) Three Months Ended Six Months Ended -------------------- -------------------- June 30, June 30, June 30, June 30, 1996 1995 1996 1995 --------- --------- --------- ---------- Net income for purposes of computing net income per share $13,901 $ 8,287 $26,948 $15,460 ========= ========= ========= ========== Weighted average common shares outstanding 25,274 24,444 25,164 24,363 Weighted common equivalent shares from options (3) 2,139 1,914 2,078 1,911 --------- -------- --------- ---------- Weighted average common shares and equivalents 27,413 26,358 27,242 26,274 ========= ========= ========= ========== Net income per share $ 0.51 $ 0.31 $ 0.97 $ 0.59 ========= ========= ========= ========== <FN> (1) This Exhibit should be read in conjunction with "Summary of Significant Accounting Policies - Net Income per Share" in Note 1 of Notes to Consolidated Financial Statements, contained in the Company's 1995 Annual Report to Stockholders. (2) All per share data and shares used in computing net income per share have been restated to reflect the Company's two-for-one stock split. See Note 2 of Notes to Condensed Consolidated Financial Statements. (3) Computed using the treasury stock method. The difference between primary net income per share and fully diluted net income per share is not significant. </FN> 13. SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ELECTRONICS FOR IMAGING, INC. August 5, 1996 By /s/ Dan Avida ----------------------------- Dan Avida President and Chief Executive Officer By /s/ David Warner ------------------------------ David Warner Vice President, Finance 14.