[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 Three Quarters Ended
------------------------- -------------------------
December 28, December 30, December 28, December 30,
1996 1995 1996 1995
------------ ------------ ------------ ------------
Primary:
Weighted average shares outstanding 65,179 63,273 64,704 62,409
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 1,281 N/A 1,678 7,020
Common stock warrants, using treasury
stock or modified treasury stock method - - - 8
------------ ------------ ------------ ------------
Common and common equivalent shares used in
the calculation of net income (loss) per share 66,460 63,273 66,382 69,437
============ ============ ============ ============
Net income (loss) $10,310 ($3,601) $5,703 $52,173
============ ============ ============ ============
Net income (loss) per share $0.16 ($0.06) $0.09 $0.75
============ ============ ============ ============
Fully diluted:
Weighted average shares outstanding 65,179 63,273 64,704 62,409
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 1,282 N/A 2,309 7,528
Convertible subordinated debt, using the
"if converted" method N/A - N/A -
Common stock warrants, using treasury
stock or modified treasury stock method - - - 9
------------ ------------ ------------ ------------
Common and common equivalent shares used in
the calculation of net income (loss) per share 66,461 63,273 67,013 69,946
============ ============ ============ ============
Net income (loss) $10,310 ($3,601) $5,703 $52,173
============ ============ ============ ============
Net income (loss) per share $0.16 ($0.06) $0.09 $0.75
============ ============ ============ ============