1 Exhibit 11 Statement Regarding Computation of Per Share Earnings Three months ended Nine months ended September 30, September 30, 1995 1994 1995 1994 Primary net income per share Net Income: Net income as reported $11,594 $ 9,723 $35,004 $23,889 Shares: Weighted average number of common shares outstanding 19,401 19,975 19,376 21,360 Common stock equivalents (stock options) 403 161 303 78 Primary shares 19,804 20,136 19,679 21,438 Primary net income per share $ .59 $ .48 $ 1.78 $ 1.11 Fully diluted net income per share Net Income: Net income as reported $11,594 $ 9,723 $35,004 $23,889 Shares: Weighted average number of common shares outstanding 19,401 19,975 19,376 21,360 Dilutive instruments (stock options) 2,949 2,067 2,949 2,067 Fully diluted shares 22,350 22,042 22,325 23,427 Fully diluted net income per share $ .52 $ .44 $ 1.57 $ 1.02