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EXHIBIT 11
CKE RESTAURANTS, INC.
CALCULATION OF EARNINGS PER SHARE
(In thousands except per share amounts)
Twelve Weeks Ended Twenty-eight Weeks Ended
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August 12, August 14, August 12, August 14,
1996 1995 1996 1995
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PRIMARY EARNINGS PER SHARE
Net income $ 5,192 $ 2,808 $10,525 $ 4,723
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Weighted average number of common
shares outstanding during the period 18,817 18,211 18,694 18,277
Incremental common shares attributable
to exercise of outstanding options 514 156 446 86
Repurchase of shares -- -- -- (80)
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Total shares 19,331 18,367 19,140 18,283
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Primary earnings per share $ .27 $ .15 $ .55 $ .26
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FULLY DILUTED EARNINGS PER SHARE
Net income $ 5,192 $ 2,808 $10,525 $ 4,723
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Weighted average number of common
shares outstanding during the period 18,817 18,211 18,694 18,277
Incremental common shares attributable
to exercise of outstanding options 514 244 526 244
Repurchase of shares -- -- -- (80)
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Total shares 19,331 18,455 19,220 18,441
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Fully diluted earnings per share $ .27 $ .15 $ .55 $ .26
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