[ARTICLE] 5
[MULTIPLIER] 1,000
Part II. Other information, Item 6a.
Exhibit 11
CIRRUS LOGIC, INC.
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(In thousands, except per share amounts)
Quarter Ended Two Quarters Ended
------------------- -------------------
Sept. 28, Sept. 30, Sept. 28, Sept. 30,
1996 1995 1996 1995
--------- --------- --------- ---------
Primary:
Weighted average shares outstanding 64,776 62,697 64,468 61,978
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 0 * 8,300 N/A 7,397
Common stock warrants, using treasury
stock or modified treasury stock method - - - 11
--------- --------- --------- ---------
Common and common equivalent shares used in
the calculation of net income (loss) per share 64,776 70,997 64,468 69,386
========= ========= ========= =========
Net income (loss) $2,998 $33,037 ($4,607) $55,774
========= ========= ========= =========
Net income (loss) per share $0.05 $0.47 ($0.07) $0.80
========= ========= ========= =========
Fully diluted:
Weighted average shares outstanding 64,776 62,697 64,468 61,978
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 1,890 8,848 N/A 8,159
Common stock warrants, using treasury
stock or modified treasury stock method - - - 13
--------- --------- --------- ---------
Common and common equivalent shares used in
the calculation of net income (loss) per share 66,666 71,545 64,468 70,150
========= ========= ========= =========
Net income (loss) $2,998 $33,037 ($4,607) $55,774
========= ========= ========= =========
Net income (loss) per share $0.04 $0.46 ($0.07) $0.80
========= ========= ========= =========
<FN>
* For the quarter ended September 28, 1996, under the modified treasury
stock method, more common stock would have been repurchased than
issued. Since the effect of this would have increased net income per
share, the exercise of options is not assumed.