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EXHIBIT 11
THE GYMBOREE CORPORATION
COMPUTATION OF NET INCOME PER SHARE
13 WEEKS ENDED
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MAY 5, APRIL 30,
1996 1995
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NET INCOME $ 8,592,527 $ 6,287,508
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WEIGHTED AVERAGE SHARES OUTSTANDING
DURING THE PERIOD:
COMMON STOCK 25,027,377 24,637,213
ADD INCREMENTAL SHARES FROM ASSUMED
EXERCISE OF STOCK OPTIONS 416,270 649,046
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WEIGHTED AVERAGE COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING 25,443,647 25,286,259
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PRIMARY NET INCOME PER SHARE $ 0.34 $ 0.25
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WEIGHTED AVERAGE SHARES OUTSTANDING
DURING THE PERIOD:
COMMON STOCK 25,027,377 24,637,213
ADD INCREMENTAL SHARES FROM ASSUMED
EXERCISE OF STOCK OPTIONS 547,454 649,296
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WEIGHTED AVERAGE COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING 25,574,831 25,286,509
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FULLY DILUTED NET INCOME PER SHARE $ 0.34 $ 0.25
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