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EXHIBIT 11
CKE RESTAURANTS, INC.
CALCULATION OF EARNINGS PER SHARE
(In Thousands Except Per Share Amounts)
Sixteen Weeks Ended
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May 23, May 17,
1994 1993
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PRIMARY EARNINGS PER SHARE
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Net income $ 656 $ 158
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Weighted average shares outstanding:
Common stock outstanding from
beginning of period 18,677 18,091
Pro-Rata Shares:
Exercise of stock options 60 1
Dilutive effect of outstanding
stock options 2 210
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18,739 18,302
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Primary earnings per share $ .04 $ .01
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FULLY DILUTED EARNINGS PER SHARE
- - --------------------------------
Net income $ 656 $ 158
========= =======
Weighted average shares outstanding:
Common stock outstanding from
beginning of period 18,677 18,091
Pro-Rata Shares:
Exercise of stock options 60 1
Dilutive effect of outstanding
stock options 2 210
-------- --------
18,739 18,302
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Fully diluted earnings per share $ .04 $ .01
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1101194.FIN
07/06/94
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