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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 11, August 12, August 11, August 12,
1997 1996 1997 1996
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PRIMARY EARNINGS PER SHARE
Net income $10,545 $ 5,192 $21,131 $10,525
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Weighted average number of common
shares outstanding during the period 36,762 28,226 35,040 28,041
Incremental common shares attributable
to exercise of outstanding options 1,107 771 996 669
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Total shares 37,869 28,997 36,036 28,710
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Primary earnings per share $ .28 $ .18 $ .59 $ .37
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FULLY DILUTED EARNINGS PER SHARE
Net income $10,545 $ 5,192 $21,131 $10,525
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Weighted average number of common
shares outstanding during the period 36,762 28,226 35,040 28,041
Incremental common shares attributable
to exercise of outstanding options 1,178 771 1,178 789
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Total shares 37,940 28,997 36,218 28,830
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Fully diluted earnings per share $ .28 $ .18 $ .58 $ .37
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