Exhibit 11 DARDEN RESTAURANTS, INC. DETERMINATION OF COMMON SHARES AND COMMON SHARE EQUIVALENTS (In Thousands) Thirteen Weeks Ended Thirty-Nine Weeks Ended -------------------------------------------- February February February February 23, 1997 25, 1996 23, 1997 25, 1996 -------------------------------------------- Computation of Shares: Weighted average number of shares outstanding..................... 154,200 159,100 156,500 158,800 Net shares resulting from the assumed exercise of certain stock options (a)..................... 674(b) 2,900(b) 823(b) 2,300(b) ------- ------- ------- ------- Total common shares and common share equivalents..................... 154,874 162,000 157,323 161,100 ======= ======= ======= ======= <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 thirty-nine weeks ended February 23, 1997 and February 25, 1996 are not material. As a result, earnings per share has been computed using the weighted average number of shares outstanding. </FN>