EXHIBIT 11.1 ADEPT TECHNOLOGY, INC. STATEMENT OF COMPUTATION OF NET INCOME PER SHARE (in thousands, except per share data) (unaudited) Three months ended Six months ended ----------------------------- ----------------------------- December 28, December 30, December 2 December 30, 1996 1995 1996 1995 ------ ------ ------ ------ Net income $ 274 $1,483 $ 520 $2,862 ====== ====== ====== ====== Weighted average common stock outstanding 8,039 6,553 7,984 6,384 Weighted average common stock equivalent shares 354 715 398 652 Shares related to SAB No. 55, 64, and 83 - - - 48 ------ ------ ------ ------ Shares used to compute net income per share 8,393 7,268 8,382 7,084 ====== ====== ====== ====== Net income per common share $ .03 $ .20 $ .06 $ .40 ====== ====== ====== ====== 15