EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS (In thousands, except per share amounts) Three Months Ended Nine Months Ended January 31, January 31, 1996 1995 1996 1995 Primary earnings per share: Average share outstanding 4,884,800 4,836,300 4,867,400 4,818,400 Net effect of dilutive stock options and warrants-based on the treasury stock method using average market price 588,000 328,800 522,100 274,900 5,442,800 5,165,100 5,389,500 5,093,300 Net income $ 369,500 $ 478,000 $1,806,800 $1,398,600 Net income per share $ .07 $ .09 $ .34 $ .27 Fully-diluted earnings per share: Average shares outstanding 4,884,800 4,836,300 4,867,400 4,818,400 Net effect of dilutive stock options and warrants-based on the treasury stock method using ending market price (or average market price if higher) 558,000 371,800 522,100 375,200 5,442,800 5,208,100 5,389,500 5,193,600 Net income $ 369,500 $ 478,000 $1,806,800 $1,398,600 Net income per share $ .07 $ .09 $ .34 $ .27