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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 NINE MONTHS
ENDED SEPTEMBER 30, ENDED SEPTEMBER 30,
-------------------------------- ---------------------------------
2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Net income $ 929 $ 467 $ 1,056 $ 1,024
Class A Unitholders
(ownership percentage) x 99% x 99% x 99% x 99%
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Net income allocable
to Class A Unitholders $ 920 $ 462 $ 1,045 $ 1,014
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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 $ 0.12 $ 0.06 $ 0.14 $ 0.14
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