[DESCRIPTION] CALCULATION OF 1997 EARNINGS PER SHARE EXHIBIT 11.1 LANDSTAR SYSTEM, INC. AND SUBSIDIARY CALCULATION OF EARNINGS PER SHARE (In thousands, except per share amounts) (Unaudited) Twenty-Six Thirteen Weeks Ending Weeks Ending June 28, June 28, 1997 1997 ------------ ------------ Earnings available for earnings per share: Net income $ 9,445 $ 6,440 ============ ============ Average number of common shares outstanding 12,672 12,618 ============ ============ Earnings per share $ 0.75 $ 0.51 ============ ============