EXHIBIT 11 COMPUTATION OF PER SHARE DATA (Unaudited) Three Months Ended December 30, December 31, 1995 1994 Net income (loss) $(198,000) $2,114,000 ========= ========= Primary: Weighted average number of common shares outstanding 18,174,787 14,549,749 Shares issuable upon conversion of Series A Convertible Preferred Stock - 1,033,968 Shares issuable upon exercise of dilutive stock options and warrants - net of shares assumed to be repurchased (at the average market price for the period) from exercise proceeds 273,626 728,468 ---------- ---------- Shares used for computation 18,448,413 16,312,185 ========== ========== Income (loss) per share of common stock (primary): Net income (loss) $(.01) $.13 ==== === Assuming full dilution: Weighted average number of common shares outstanding 18,174,787 14,549,749 Shares issuable upon conversion of Series A Convertible Preferred Stock - 1,033,968 Shares issuable upon exercise of dilutive stock options and warrants - net of shares assumed to be repurchased (at the higher of period-end market price or the average market price for the period) from exercise proceeds 273,626 728,468 ---------- -------- Shares used for computation 18,448,028 16,312,185 ========== ========== Income (loss) per share of common stock (assuming full dilution): Net income (loss) $(.01) $.13 ==== ===