EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Months Ended Twelve Months Ended April 30 May 1 April 30 May 1 1994 1993 1994 1993 Average shares outstanding 112,991,719 112,554,472 112,859,235 112,106,152 Net effect of dilutive stock options based on the treasury stock method using average market price 9,716 127,862 28,802 319,920 Total 113,001,435 112,682,334 112,888,037 112,426,072 Net Income $48,306,000 $48,173,000 $241,267,000 $239,534,000 Less preferred dividends (5,500) (5,500) (22,000) (22,000) Net income available to common shares $48,300,500 $48,167,500 $241,245,000 $239,512,000 Per share $0.43 $0.43 $2.14 $2.13