EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (In thousands, except per share amounts) Three Months Ended Six Months Ended October 31, October 31, 1995 1994 1995 1994 Primary earnings per share: Average share outstanding 4,866,600 4,820,600 4,858,700 4,809,400 Net effect of dilutive stock options and warrants-based on the treasury stock method using average market price 587,300 331,800 505,400 243,600 5,453,900 5,152,400 5,364,100 5,053,000 Net income $ 712,700 $ 337,300 $1,437,400 $ 920,700 Net income per share $ .13 $ .06 $ .27 $ .18 Fully-diluted earnings per share: Average shares outstanding 4,866,600 4,820,600 4,858,700 4,809,400 Net effect of dilutive stock options and warrants-based on the treasury stock method using ending market price (or average market price if higher) 587,300 367,100 592,200 369,700 5,453,900 5,187,700 5,450,900 5,179,100 Net income $ 712,700 $ 337,300 $1,437,400 $ 920,700 Net income per share $ .13 $ .06 $ .26 $ .18