[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 ------------------------- June 28, June 29, 1997 1996 ------------ ------------ Primary: Weighted average shares outstanding 66,416 64,159 Dilutive common stock equivalents: Common stock options, using treasury stock or modified treasury stock method 1,433 N/A Common stock warrants, using treasury stock or modified treasury stock method - - ------------ ------------ Common and common equivalent shares used in the calculation of net income (loss) per share 67,849 64,159 ============ ============ Net income (loss) 2,480 (7,605) ============ ============ Net income (loss) per share $0.04 ($0.12) ============ ============ Fully diluted: Weighted average shares outstanding 66,416 64,159 Dilutive common stock equivalents: Common stock options, using treasury stock or modified treasury stock method 1,440 N/A Convertible subordinated debt, using the "if converted" method - - Common stock warrants, using treasury stock or modified treasury stock method - - ------------ ------------ Common and common equivalent shares used in the calculation of net income (loss) per share 67,856 64,159 ============ ============ Net income (loss) $2,480 ($7,605) ============ ============ Net income (loss) per share $0.04 ($0.12) ============ ============