Exhibit 11 DARDEN RESTAURANTS, INC. DETERMINATION OF COMMON SHARES AND COMMON SHARE EQUIVALENTS (In Thousands) Thirteen Weeks Ended Twenty-Six Weeks Ended -------------------------------------------- November November November November 24, 1996 26, 1995 24, 1996 26, 1995 -------------------------------------------- Computation of Shares: Weighted average number of shares outstanding............ 157,500 158,900 157,600 158,700 Net shares resulting from the assumed exercise of certain stock options (a)............. 773(b) 2,600(b) 910(b) 2,200(b) ------- ------- ------- ------- Total common shares and common share equivalents............. 158,273 161,500 158,510 160,900 ======= ======= ======= ======= <FN> Notes to Exhibit: (a)Common share equivalents are computed by the "treasury stock" method. This method first determines the number of shares issuable under stock options that had an option price below the average market price for the period, and then deducts the number of shares that could have been repurchased with the proceeds of options exercised. (b)Common share equivalents for the thirteen and twenty-six weeks ended November 24, 1996 and November 26, 1995 are not material. As a result, earnings (loss) per share has been computed using the weighted average number of shares outstanding. </FN>