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<PAGE> Exhibit 11.1 NATURAL WONDERS, INC. COMPUTATION OF PER SHARE NET LOSS (In thousands) <TABLE> <CAPTION> Quarter Ended ---------------------------- October 28, October 30, 2000 1999 ----------- ----------- <S> <C> <C> Net loss $(4,856) $(3,884) ======= ======= Weighted average common shares outstanding, basic and diluted 7,860 7,865 Per share net loss, basic and diluted $ (0.62) $ (0.49) ======= ======= </TABLE>
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