Exhibit 11.1 ADEPT TECHNOLOGY, INC. Statement of Computation of Net Income Per Share (in thousands, except per share data) (unaudited) Year Ended June 30, -------------------------------------------- 1997 1996 1995 ------ ------ ------- Net income $2,757 $5,777 $ 925 ====== ====== ====== Weighted average common stock outstanding 8,062 7,009 5,661 Weighted average common stock equivalent shares 380 700 647 Shares related to SAB No. 55, 64, and 83 -- 24 97 ------ ------ ------ Shares used to compute net income per share 8,442 7,733 6,405 ====== ====== ====== Net income per common share $ .33 $ .75 $ .14 ====== ====== ======