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EXHIBIT 11
THE GYMBOREE CORPORATION
COMPUTATION OF NET INCOME PER SHARE
(IN THOUSANDS, EXCEPT PER SHARE DATA)
13 WEEKS ENDED 39 WEEKS ENDED
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NOVEMBER 1, NOVEMBER 3, NOVEMBER 1, NOVEMBER 3,
1997 1996 1997 1996
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NET INCOME $10,865 $ 8,995 $24,040 $21,872
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Weighted average number of shares outstanding during the period:
Common Stock 24,570 25,257 24,589 25,155
Add incremental shares from assumed
exercise of stock options and warrants 288 515 350 498
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24,858 25,772 24,939 25,653
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PRIMARY NET INCOME PER SHARE $ 0.44 $ 0.35 $ 0.96 $ 0.85
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Weighted average number of shares outstanding during the period:
Common Stock 24,570 25,257 24,589 25,155
Add incremental shares from assumed
exercise of stock options and warrants 289 576 350 622
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Weighted average common and common
equivalent shares outstanding during
the period 24,859 25,834 24,939 25,777
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FULLY DILUTED NET INCOME PER SHARE $ 0.44 $ 0.35 $ 0.96 $ 0.85
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