EXHIBIT 11 - Statement regarding computation of per share earnings Computation for the quarter ended September 30, September 30, (Dollars in thousands, except per share data) 1994 1993 ---------- ---------- Primary earnings per share: Weighted average number of shares 35,246,423 32,758,860 Common stock equivalents computed under the treasury stock method using average market price 488,267 501,323 ---------- ---------- Total 35,734,690 33,260,183 ========== ========== Fully diluted earnings per share: Weighted average number of shares 35,246,423 32,758,860 Common stock equivalents computed under the treasury stock method using the greater of ending or average market price 488,304 544,256 Other potentially dilutive securities 2,681,934 2,687,450 ---------- ---------- Total 38,416,661 35,990,566 ========== ========== Net income $27,061 $21,775 Interest expense (net of tax) incurred for other potentially dilutive securities $578 $579 Earnings per share: Primary $.76 $.65 Fully diluted .72 .62 Computation for the nine months ended September 30, September 30, (Dollars in thousands, except per share data) 1994 1993 ---------- ---------- Primary earnings per share: Weighted average number of shares 35,064,456 32,550,747 Common stock equivalents computed under the treasury stock method using average market price 479,961 491,124 ---------- ---------- Total 35,544,417 33,041,871 ========== ========== Fully diluted earnings per share: Weighted average number of shares 35,064,456 32,550,747 Common stock equivalents computed under the treasury stock method using the greater of ending or average market price 480,462 507,345 Other potentially dilutive securities 2,685,591 2,687,450 ---------- ---------- Total 38,230,509 35,745,542 ========== ========== Net income $75,899 $60,754 Interest expense (net of tax) incurred for other potentially dilutive securities $1,737 $1,738 Earnings per share: Primary $2.14 1.84 Fully diluted 2.03 1.75