EXHIBIT 11.0
IHOP CORP. AND SUBSIDIARIES
STATEMENT REGARDING COMPUTATION OF PER SHARE EARNINGS
(In thousands, except per share data)
THREE MONTHS ENDED
MARCH 31,
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1999 1998
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NET INCOME PER COMMON SHARE--BASIC
Weighted average shares outstanding 9,909 9,749
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Net income available to common shareholders $ 6,585 $ 4,701
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Net income per share--Basic $ .66 $ .48
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NET INCOME PER COMMON SHARE--DILUTED
Weighted average shares outstanding 9,909 9,749
Net effect of dilutive stock options
based on the treasury stock method
using the average market price 196 167
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Total 10,105 9,916
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Net income available to common shareholders $ 6,585 $ 4,701
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Net income per share--Diluted $ .65 $ .47
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