EXHIBIT 11.01 COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) FOR THE THREE MONTHS ENDED November 30, November 30, 1996 1997 ---------------- ---------------- PRIMARY EARNINGS PER SHARE: NUMBER OF SHARES OF COMMON STOCK OUTSTANDING AT THE BEGINNING OF PERIOD 37,564 37,610 WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK ISSUED DURING THE PERIOD 9 111 ---------------- ---------------- WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING DURING THE PERIOD FOR COMPUTATION OF PRIMARY EARNINGS PER SHARE 37,573 37,721 ================ ================ FULLY DILUTED EARNINGS PER SHARE: NUMBER OF SHARES OF COMMON STOCK OUTSTANDING AT THE BEGINNING OF 37,564 37,610 PERIOD WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK ISSUED DURING THE PERIOD 9 111 ---------------- ---------------- WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK OUTSTANDING DURING THE PERIOD FOR COMPUTATION OF FULLY DILUTED EARNINGS PER SHARE 37,573 37,721 ================ ================ NET LOSS APPLICABLE TO COMMON SHARES $ (4,381) $ (4,665) ================ ================ NET LOSS PER COMMON SHARE: PRIMARY $ (0.12) $ (0.12) ================ ================ FULLY DILUTED $ ( 0.12) $ (0.12) ================ ================