IGEN INTERNATIONAL, INC. FORM 10-Q FOR THE QUARTER ENDED JUNE 30, 1999 EXHIBIT 11.1 STATEMENT RE: COMPUTATION OF NET INCOME PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) Three Months Ended June 30, 1999 1998 -------- -------- Weighted average number of common shares outstanding 15,366 15,294 -------- -------- Net loss $ (5,073) $ (2,905) Plus accrued Series B convertible preferred stock dividend (520) (494) -------- -------- Loss attributable to common shareholders $ (5,593) $ (3,399) -------- -------- -------- -------- Loss per share - basic and diluted $ (0.36) $ (0.22) -------- -------- -------- -------- 1