EXHIBIT 11.1 - COMPUTATION OF PER SHARE EARNINGS ($000's, except per share data) THREE MONTHS ENDED SIX MONTHS ENDED -------------------------------------------------- OCTOBER 31, OCTOBER 28, OCTOBER 31, OCTOBER 28, 1995 1994 1995 1994 ------------------------ ------------------------ PRIMARY Average Shares Outstanding 5,036 4,951 5,038 3,894 Net effect of dilutive stock options, based upon the treasury stock method using average market price -- -- -- -- ------------------------ ------------------------ Total 5,036 4,951 5,038 3,894 ======================== ======================== Net income (loss) $ 185 $ (528) $ 71 $(1,148) ======================== ======================== Per share amount $ 0.04 $(0.11) $ .01 $ (0.29) ======================== ======================== FULLY DILUTED Average Shares Outstanding 5,036 4,951 5,038 3,894 Net effect of dilutive stock options, based upon the treasury stock method using average market price -- -- -- -- ------------------------ ------------------------ Total 5,036 4,951 5,038 3,894 ======================== ======================== Net income (loss) $ 185 $ (528) $ 71 $(1,148) ======================== ======================== Per share amount $ 0.04 $(0.11) $ .01 $ (0.29) ======================== ========================