EXHIBIT 11.01 COMPUTATION OF NET INCOME (LOSS) PER SHARE (in thousands, except per share data) THREE MONTHS ENDED SIX MONTHS ENDED APRIL 1, APRIL 1, 1995 1994 1995 1994 ------- ------- -------- ------- Primary: Average common shares outstanding 14,152 13,496 14,183 13,433 Net effect of dilutive stock options - based on the modified treasury stock method using average market price 1,277 - - - ------- ------- -------- ------- Totals 15,429 13,496 14,183 13,433 ------- ------- -------- ------- ------- ------- -------- ------- Net income (loss) $ 276 $(356) $(10,745) $(9,535) ------- ------- -------- ------- ------- ------- -------- ------- Per share amount $ 0.02 $(0.03) $ (0.76) $ (0.71) ------- ------- -------- ------- ------- ------- -------- ------- Fully diluted: Average common shares outstanding 14,152 13,496 14,183 13,433 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 1,667 - - - ------- ------- -------- ------- Totals 15,819 13,496 14,183 13,433 ------- ------- -------- ------- ------- ------- -------- ------- Net income (loss) $ 276 $ (356) $(10,745) $(9,535) ------- ------- -------- ------- ------- ------- -------- ------- Per share amount* $ 0.02 $ (0.03) $ (0.76) $ (0.71) ------- ------- -------- ------- ------- ------- -------- ------- <FN> * 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. -16-