[ARTICLE] 5 [MULTIPLIER] 1,000 EXHIBIT 11.1 CIRRUS LOGIC, INC. STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE (In thousands, except per share amounts) 1995 1994 1993 --------- --------- --------- Primary: Weighted average common shares outstanding 59,708 51,838 48,632 Dilutive common stock equivalents: Common stock options, using treasury stock method 3,964 4,558 3,782 Common stock warrants, using treasury stock method 8 6 10 --------- --------- --------- Common and common equivalent shares used in the calculation of net income per share 63,680 56,402 52,424 ========= ========= ========= Net income $61,402 $45,368 $20,224 ========= ========= ========= Net income per share $0.96 $0.80 $0.39 ========= ========= ========= --------------------------------------- Fully diluted: Weighted average common shares outstanding 59,708 51,838 48,632 Dilutive common stock equivalents: Common stock options, using treasury stock method 4,096 4,978 3,982 Common stock warrants, using treasury stock method 8 8 12 --------- --------- --------- Common and common equivalent shares used in the calculation of net income per share 63,812 56,824 52,626 ========= ========= ========= Net income $61,402 $45,368 $20,224 ========= ========= ========= Net income per share $0.96 $0.80 $0.38 ========= ========= =========