Exhibit 11.1
ML MACADAMIA ORCHARDS, L.P.
COMPUTATION OF NET INCOME PER CLASS A UNIT (UNAUDITED)
(in thousands, except per unit data)
THREE MONTHS NINE MONTHS
ENDED SEPTEMBER 30, ENDED SEPTEMBER 30,
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1998 1997 1998 1997
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Net income (loss) $ 329 $ 14,099 $ (229) $ 14,367
Class A Unitholders
(ownership percentage) x 99% x 99% x 99% x 99%
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Net income (loss) allocable
to Class A Unitholders $ 326 $ 13,958 $ (226) $ 14,223
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Class A Units outstanding 7,500 7,500 7,500 7,500
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Net income (loss)
per Class A Unit $ 0.04 $ 1.86 $ (0.03) $ 1.90
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