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Exhibit 11.1
ML MACADAMIA ORCHARDS, L.P.
COMPUTATION OF NET INCOME PER CLASS A UNIT (UNAUDITED)
(in thousands, except per unit data)
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THREE MONTHS SIX MONTHS
ENDED JUNE 30, ENDED JUNE 30,
-------------------------------- ---------------------------------
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Net income $ 62 $ 16 $ 127 $ 557
Class A Unitholders
(ownership percentage) x 99% x 99% x 99% x 99%
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Net income allocable
to Class A Unitholders $ 61 $ 16 $ 126 $ 551
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Class A Units outstanding 7,500 7,500 7,500 7,500
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Net income per Class A Unit $ 0.01 $ - $ 0.02 $ 0.07
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