Exhibit 11 COMPUTATIONS OF PER SHARE EARNINGS Earnings per share are based on net income divided by the average number of shares outstanding including incremental shares from assumed conversions 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 two-for-one stock split effected January 15, 1998. Three months ended Nine months ended June 30 June 30 - -------------------------------------------------------------------------------- (Dollars and shares in 1998 1997 1998 1997 thousands) - -------------------------------------------------------------------------------- Weighted average shares outstanding 252,860 252,186 252,771 251,803 Incremental shares from assumed conversions 235 574 612 656 ============================================= Adjusted weighted average shares outstanding 253,095 252,760 253,383 252,459 ============================================= Net income $131,013 $111,188 $388,197 $308,828 Earnings per share: Basic $0.52 $0.44 $1.54 $1.23 Diluted $0.52 $0.44 $1.53 $1.22