EXHIBIT 11 COMPUTATION OF NET EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE* For the nine months ended May 31, 1998 and 1997 May May 1998 1997 ___________ ___________ BASIC EARNINGS PER SHARE: Shares Average shares outstanding 34,558,992 34,222,274 =========== =========== Net Earnings Net earnings for basic earnings per share $24,798,000 $31,460,000 =========== =========== Basic Earnings Per Share $ 0.72 $ 0.92 =========== =========== DILUTED EARNINGS PER SHARE Shares Average shares outstanding 34,558,992 34,222,274 Net average additional shares outstanding assuming dilutive stock options exercised and proceeds used to purchase treasury stock at average market price 1,710,548 1,464,270 ___________ ___________ Average number of common and common equivalent shares outstanding 36,269,540 35,686,544 =========== =========== Net Earnings Net earnings for diluted earnings per share $24,798,000 $31,460,000 =========== =========== Diluted Earnings Per Share $ 0.68 $ 0.88 =========== =========== *Earnings per share and all share amounts have been adjusted to reflect the two-for-one split of the Common Stock to holders of record July 25, 1997. EXHIBIT 11 COMPUTATION OF NET EARNINGS PER COMMON AND COMMON EQUIVALENT SHARE* For the three months ended May 31, 1998 and 1997 May May 1998 1997 ___________ ___________ BASIC EARNINGS PER SHARE: Shares Average shares outstanding 34,621,655 34,308,201 =========== =========== Net Earnings Net earnings for basic earnings per share $ 2,824,000 $13,072,000 =========== =========== Basic Earnings Per Share $ 0.08 $ 0.38 =========== =========== DILUTED EARNINGS PER SHARE Shares Average shares outstanding 34,621,655 34,308,201 Net average additional shares outstanding assuming dilutive stock options exercised and proceeds used to purchase treasury stock at average market price 1,896,592 1,522,462 ___________ ___________ Average number of common and common equivalent shares outstanding 36,518,247 35,830,663 =========== =========== Net Earnings Net earnings for diluted earnings per share $ 2,824,000 $13,072,000 =========== =========== Diluted Earnings Per Share $ 0.08 $ 0.36 =========== =========== *Earnings per share and all share amounts have been adjusted to reflect the two-for-one split of the Common Stock to holders of record July 25, 1997.