EXHIBIT 11.1 AMERICAN SOFTWARE, INC. AND SUBSIDIARIES STATEMENT RE: COMPUTATION OF PER SHARE LOSS YEAR ENDED APRIL 30, -------------------------------------- 1996 1995 1994 ------------ ----------- ----------- Common shares: Weighted average common shares out- standing: Class A shares...................... 17,423,093 17,477,410 17,474,604 Class B shares...................... 4,838,689 4,840,489 4,849,654 ------------ ----------- ----------- Totals................................ 22,261,782 22,317,899 22,324,258 ============ =========== =========== Net loss.............................. $ (9,749,337) $(6,689,162) $(6,588,022) ============ =========== =========== Net loss per common and common equiva- lent share........................... $ (.44) $ (.30) $ (.30) ============ =========== =========== 34