1 EXHIBIT 11.1 JDA SOFTWARE GROUP, INC. AND SUBSIDIARIES COMPUTATION OF PER SHARE DATA Year Ended December 31, ----------------------- 1996: ----- Weighted average number of shares outstanding during the period 12,064,144 Shares assumed repurchased from tax benefit-employee stock options (53,935) Weighted average number of shares ----------- outstanding as adjusted 12,010,209 (1) =========== Net Income $ 7,679,835 =========== Net Income Per Share $ .64 =========== (1) Stock options are not included because it results in dilution of less than 3%. 1995: ----- Common shares outstanding 7,200,000 Shares to be issued upon conversion of the Series A Preferred Stock 2,800,000 Number of shares required to fund the redemption of the Series B Preferred Stock ($7,500,000) and $4,881,000 of notes payable to stockholders which arose from the Reorganization, assuming a $13.00 per share price. (Staff Accounting Bulletin Topic 1.B.3) 952,000 ----------- 10,952,000 =========== Pro Forma Net Income Historical net income $ 5,572,828 Adjust income tax provision (1,172,000)(2) Interest expense on certain stockholders notes 175,000 ----------- Pro forma net income $ 4,575,828 =========== Pro Forma Net Income Per Share $ .42 =========== (2) To reflect a tax provision as if the U.S. federal income had been taxable to JDA rather than the stockholders through March 30, 1995.