EXHIBIT 11.1
STATEMENT RE : COMPUTATION OF EARNINGS PER SHARE
(UNAUDITED)
(IN THOUSANDS, EXCEPT PER SHARE DATA)
TWELVE WEEKS ENDED
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Nov. 22, Nov. 23,
1997 1996
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PRIMARY:
Average shares outstanding 151,697 150,243
Net effect of dilutive stock options,
based on the treasury stock method,
using average fair market value 2,126 2,151
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Total shares used in computation 153,823 152,394
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Net Income $ 47,546 $ 37,975
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Per share amount $ 0.31 $ 0.25
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FULLY DILUTED:
Average share outstanding 151,697 150,243
Net effect of dilutive stock options,
based on the treasury stock method,
using higher of average or ending
fair market value 2,126 2,151
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Total shares used in computation 153,823 152,394
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Net Income $ 47,546 $ 37,975
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Per share amount $ 0.31 $ 0.25
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