<PAGE>

                                                                 EXHIBIT 11.1


                       NETWORK COMPUTING DEVICES, INC.   

                  Statement Regarding Computation of Shares   
                 Used in Income (Loss) Per Share Computations     
                   (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS)    


<TABLE>
<CAPTION>
                                                       Three Months Ended June 30,   Six Months Ended June 30,
                                                       ---------------------------   -------------------------
                                                           1997            1996          1997         1996
                                                       -----------      ----------    ----------   -----------
<S>                                                    <C>              <C>           <C>          <C>
Primary: 
    Weighted average common shares 
         outstanding during the period                    17,121          16,504         17,105      16,382 
    Common share equivalents:
         Dilutive effect of stock options                  1,699               -          1,752           - 
                                                       ---------        --------       --------    --------

              Total                                       18,820          16,504         18,857      16,382 
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
    
    Net  income (loss)                                 $     697        $ (6,047)      $  1,549    $ (6,307)
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
    
    Primary income (loss) per share                    $    0.04        $  (0.37)      $   0.08    $  (0.38)
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
    
Fully Diluted:     
    Weighted average common shares 
         outstanding during the period                    17,121          16,504         17,105      16,382 
    Common share equivalents:
         Dilutive effect of stock options                  1,700               -          1,753           - 
                                                       ---------        --------       --------    --------
    
              Total                                       18,821          16,504         18,858      16,382 
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
    
    Net  income (loss), adjusted
         for fully diluted calculations                $     697        $ (6,047)      $  1,549    $ (6,307)
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
    
    Fully diluted income (loss) per share              $    0.04        $  (0.37)      $   0.08    $  (0.38)
                                                       ---------        --------       --------    --------
                                                       ---------        --------       --------    --------
</TABLE>