Exhibit 11 Statement Regarding Computation of Per Share Earnings Three Months Ended March 31, 1997 1996 (In Thousands, Except Per Share Data) Primary net income per share Net income: Net income as reported $10,092 $11,628 Weighted average number of common shares outstanding 18,179 19,463 Common stock equivalents - - Primary shares 18,179 19,463 Primary net income per share $ .56 $ .60 Fully diluted net income per share Net income as reported $10,092 $11,628 Weighted average number of common shares outstanding 18,179 19,463 Common stock equivalents 150 298 Fully diluted shares 18,329 19,761 Fully diluted net income per share $ .55 $ .59