EXHIBIT 11.01 COMPUTATION OF NET INCOME (LOSS) PER SHARE (in thousands, except per share data) THREE MONTHS ENDED NINE MONTHS ENDED JULY 1, JULY 1, 1995 1994 1995 1994 ----- ------ ------ ------ Primary: Average common shares outstanding 14,791 13,698 14,386 13,522 Net effect of dilutive stock options - based on the modified treasury stock method using average market price - 344 - - -------- -------- -------- -------- Totals 14,791 14,042 14,386 13,522 -------- -------- -------- -------- -------- -------- -------- -------- Net income (loss) $ (3,112) $ 1,062 $(13,857) $ (8,473) -------- -------- -------- -------- -------- -------- -------- -------- Per share amount $ (0.21) $ 0.08 $ (0.96) $ (0.63) -------- -------- -------- -------- -------- -------- -------- -------- Fully diluted: Average common shares outstanding 14,791 13,698 14,386 13,522 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 - 343 - - -------- -------- -------- -------- Totals 14,791 14,041 14,386 13,522 -------- -------- -------- -------- -------- -------- -------- -------- Net income (loss) $ (3,112) $ 1,062 $(13,857) $ (8,473) -------- -------- -------- -------- -------- -------- -------- -------- Per share amount* $ (0.21) $ 0.08 $ (0.96) $ (0.63) -------- -------- -------- -------- -------- -------- -------- -------- <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. -17-