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EXHIBIT 11
CKE RESTAURANTS, INC.
CALCULATION OF EARNINGS PER SHARE
(In thousands except per share amounts)
Twelve Weeks Ended Forty Weeks Ended
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November 4, November 6, November 4, November 6,
1996 1995 1996 1995
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PRIMARY EARNINGS PER SHARE
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Net income $ 5,588 $ 3,021 $16,113 $ 7,744
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Weighted average number of common
shares outstanding during the period 19,230 18,363 18,873 18,253
Incremental common shares attributable
to exercise of outstanding options 593 298 495 156
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Total shares 19,823 18,661 19,368 18,409
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Primary earnings per share $ .28 $ .16 $ .83 $ .42
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FULLY DILUTED EARNINGS PER SHARE
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Net income $ 5,588 $ 3,021 $16,113 $ 7,744
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Weighted average number of common
shares outstanding during the period 19,230 18,363 18,873 18,253
Incremental common shares attributable
to exercise of outstanding options 593 343 593 343
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Total shares 19,823 18,706 19,466 18,596
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Fully diluted earnings per share $ .28 $ .16 $ .83 $ .42
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