EXHIBIT 11.1 ADAC LABORATORIES COMPUTATION OF NET INCOME PER SHARE (AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA) (UNAUDITED) Three Months Ended -------------------------- December 29, December 31, 1996 1995 ------------ ------------ Average shares outstanding 17,929 17,051 Net effect of dilutive stock options and warrants 1,221 659 ------- ------- Average common and common equivalent shares outstanding 19,150 17,710 ======= ======= Net income $ 5,093 $ 3,541 ======= ======= Net income per share $ 0.27 $ 0.20 ======= ======= Primary and fully diluted income per share differs by less than one percent in all periods presented herein.