EXHIBIT 11STATEMENT REGARDING COMPUTATION OF NET INCOME PER SHARE |
Fiscal Year | |||||||
---|---|---|---|---|---|---|---|
2000 | 1999 | 1998 | |||||
(in thousands, except per share data) | |||||||
Net Income Per Common Share-Basic | |||||||
Weighted average shares outstanding | 30,831 | 30,092 | 29,976 | ||||
Net income(1) | $32,101 | $21,732 | $ 7,684 | ||||
Net income per share-basic | $ 1.04 | $ 0.72 | $ 0.26 | ||||
Net Income Per Common Share-Diluted | |||||||
Weighted average shares outstanding | 30,831 | 30,092 | 29,976 | ||||
Net effect of dilutive stock options based on the treasury stock | |||||||
method using average market price | 2,630 | 1,691 | 882 | ||||
Total shares outstanding for computation of per share earnings | 33,461 | 31,783 | 30,858 | ||||
Net income(1) | $32,101 | $21,732 | $ 7,684 | ||||
Net income per share-diluted | $ 0.96 | $ 0.68 | $ 0.25 |
(1) | The results for fiscal 1998 include the cumulative effect of a change in accounting principle of $6.3 million ($0.21 per basic share and $0.21 per diluted share), net of income tax benefit. |