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EXHIBIT 11
CKE RESTAURANTS, INC.
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CALCULATION OF EARNINGS PER SHARE
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(In thousands, except per share amounts)
Twelve Weeks Ended Forty Weeks Ended
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November 3, November 4, November 3, November 4,
1997 1996 1997 1996
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PRIMARY EARNINGS PER SHARE
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Net income $13,102 $5,588 $34,233 $16,113
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Weighted average number of common
shares outstanding during the period 41,920 28,845 37,333 28,309
Incremental common shares attributable
to exercise of outstanding options 1,419 890 1,137 742
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Total shares 43,339 29,735 38,470 29,051
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Primary earnings per share $ .30 $ .19 $ .89 $ .55
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FULLY DILUTED EARNINGS PER SHARE
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Net income $13,102 $5,588 $34,233 $16,113
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Weighted average number of common
shares outstanding during the period 41,920 28,845 37,333 28,309
Incremental common shares attributable
to exercise of outstanding options 1,447 890 1,447 890
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Total shares 43,367 29,735 38,780 29,199
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Fully diluted earnings per share $ .30 $ .19 $ .88 $ .55
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