EXHIBIT 11 COMPUTATION OF NET INCOME PER SHARE (In thousands, except per share amounts) Thirteen Three Thirty- Nine Weeks Months Nine Weeks Months Ended Ended Ended Ended Nov. 29, Nov. 30, Nov. 29, Nov. 30, 1997 1996 1997 1996 -------- -------- ---------- -------- Primary Average shares outstanding 25,943 23,480 25,955 22,308 Net effect of dilutive stock options - based on the treasury stock method using average market price 599 663 596 582 ------- ------- ------- ------- Total 26,542 24,143 26,551 22,890 ======= ======= ======= ======= Net income $ 3,614 $ 2,589 $17,069 $12,104 ======= ======= ======= ======= Per share amount $ .14 $ .11 $ .64 $ .53 ======= ======= ======= ======= Fully Diluted Average shares outstanding 25,943 23,480 25,955 22,308 Net effect of dilutive stock options - based on the treasury stock method using the higher of the average market price for the period or the market price at the end of the period 612 699 631 667 ------- ------- ------- ------- Total 26,555 24,149 26,586 22,975 ======= ======= ======= ======= Net Income $ 3,614 $ 2,589 $17,069 $12,104 ======= ======= ======= ======= Per share amount $ .14 $ .11 $ .64 $ .53 ======= ======= ======= ======= Note: Only fully diluted earnings per share have been disclosed in the Company's financial statements as primary earnings per share are substantially the same.