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<PAGE> Exhibit 11.1 NATURAL WONDERS, INC. COMPUTATION OF PER SHARE NET LOSS (Shares in thousands) <TABLE> <CAPTION> Quarter Ended ----------------------------------- April 29, 2000 May 1, 1999 ----------------------------------- <S> <C> <C> Net loss $(3,827) $(4,359) ======= ======= Weighted average common shares Outstanding, basic and diluted 7,859 7,951 Per share net loss, basic and diluted $ (0.49) $ (0.55) ======= ======= </TABLE>
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