Exhibit 11

COMPUTATIONS OF PER SHARE EARNINGS

Earnings  per share are based on net  income  divided by the  average  number of
shares  outstanding  including common stock equivalents  during the period.  The
number of shares used for purposes of calculating earnings per share and all per
share  data  have  been  adjusted  for  both  periods  presented  to  reflect  a
three-for-two stock split paid on January 15, 1997.


                                               Three months ended
                                                  December 31  
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                                                          Restated
(Dollars and shares in thousands)             1996          1995
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Average outstanding shares                 125,473        121,236
Common stock equivalents
      Primary                                  321          4,043
      Fully diluted                            328          4,064

Total shares
      Primary                              125,794        125,279
      Fully diluted                        125,801        125,300

Net income                                 $96,229        $73,951


Earnings per share:
   Primary                                   $0.76          $0.59
   Fully diluted                             $0.76          $0.59