[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
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Sept.27, Sept. 28, Sept.27, Sept. 28,
1997 1996 1997 1996
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Primary:
Weighted average shares outstanding 67,232 64,776 66,824 64,468
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 3,317 0* 2,375 N/A
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Common and common equivalent shares used in
the calculation of net income (loss) per share 70,549 64,776 69,199 64,468
============ ============ ============ ============
Net income (loss) $8,938 $2,998 $11,418 ($4,607)
============ ============ ============ ============
Net income (loss) per share $0.13 $0.05 $0.17 ($0.07)
============ ============ ============ ============
Fully diluted:
Weighted average shares outstanding 67,232 64,776 66,824 64,468
Dilutive common stock equivalents:
Common stock options, using treasury stock
or modified treasury stock method 3,387 1,890 2,413 N/A
------------ ------------ ------------ ------------
Common and common equivalent shares used in
the calculation of net income (loss) per share 70,619 66,666 69,237 64,468
============ ============ ============ ============
Net income (loss) $8,938 $2,998 $11,418 ($4,607)
============ ============ ============ ============
Net income (loss) per share $0.13 $0.04 $0.16 ($0.07)
============ ============ ============ ============
<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.