1 EXHIBIT 11.01 COMPUTATION OF NET INCOME (LOSS) PER SHARE (in thousands, except per share data) THREE MONTHS ENDED SIX MONTHS ENDED MARCH 30, MARCH 30, 1996 1995 1996 1995 ------- ------- ------- -------- Primary: Average common shares outstanding 18,079 14,152 18,002 14,183 Net effect of dilutive stock options - based on the modified treasury stock method using average market price 3 404 56 -- ------- ------- ------- -------- Totals 18,082 14,556 18,058 14,183 ======= ======= ======= ======== Net income (loss) $13,919 $ 276 $ 4,136 $(10,745) ======= ======= ======= ======== Per share amount $ 0.77 $ 0.02 $ 0.23 $ (0.76) ======= ======= ======= ======== Fully diluted: Average common shares outstanding 18,079 14,152 18,002 14,183 Net effect of dilutive stock options - based on the modified treasury stock method using quarter end market price which is greater than average market price 3 1,667 56 -- ------- ------- ------- -------- Totals 18,082 15,819 18,058 14,183 ======= ======= ======= ======== Net income (loss) $13,919 $ 276 $ 4,136 $(10,745) ======= ======= ======= ======== Per share amount* $ 0.77 $ 0.02 $ 0.23 $ (0.76) ======= ======= ======= ======== * The primary net income (loss) per share is shown in the statements of operations. Net income (loss) per share under the primary and fully diluted calculations are equivalent. -23-