Exhibit 11 Computation of Earnings per Share ($000 except per share data) Three months ended March 28, 1998 March 29, 1997 Per Per Income Shares Share Income Shares Share Basic EPS: Net income from continuing operations 221 2,909 0.08 351 2,895 0.12 Earnings (loss) from discontinued operations 0 2,909 0.00 (81) 2,895 (0.03) Net income applicable to common shares 221 2,909 0.08 270 2,895 0.09 Effect of Dilutive Securities Convertible debentures - Continuing 0 0 21 404 Convertible debentures - Discontinued 0 0 28 404 Warrants - Continuing 0 0 0 135 Warrants - Discontinued 0 0 0 135 Employee stock options - Continuing 0 41 0 89 Employee stock options - Discontinued 0 41 0 89 Diluted EPS: Net income from continuing operations 221 2,950 0.08 372 3,523 0.11 Earnings (loss) from discontinued operations 0 2,950 0.00 (53) 3,523 (0.02) Net income applicable to common shares 221 2,950 0.08 319 3,523 0.09 ___________________________________ Common shares have been adjusted to give effect to the 5% stock dividend paid January 23, 1998. The $3,375,000 Convertible Subordinated Debentures at March 29, 1997, were convertible to common shares at a price of $5.98 per share after giving effect to the stock dividend paid January 24, 1997. The Debentures were repaid on May 29, 1997 and warrants were issued concurrently to the holder of the Debentures. The warrants were repurchased effective December 30, 1997. Basic EPS was computed by dividing the net income by the weighted average number of shares of common stock outstanding during the period. Diluted EPS was determined by assuming that at the beginning of the period, convertible debentures were converted at the price per share in effect at that time and common share warrants and employee stock options were exercised. As to the warrants and options, incremental shares would be calculated using the treasury stock method, assuming common share purchases at the average market price of the common shares for the period.