EXHIBIT 11.1 - COMPUTATION OF PER SHARE EARNINGS ($000's, except per share data) Three Months Ended Nine Months Ended ------------------------------ ----------------------------- January 31, January 27, January 31, January 27, 1996 1995 1996 1995 ------------------------------ ----------------------------- PRIMARY Average shares outstanding 5,036 5,058 5,036 4,340 Net effect of dilutive stock options, based upon the treasury stock method using average market price 1 -- 1 -- ----------------------------- ---------------------------- Total 5,037 5,058 5,037 4,340 ----------------------------- ---------------------------- ----------------------------- ---------------------------- Net income (loss) $ (540) $ 121 $ (469) $(1,027) ----------------------------- ---------------------------- ----------------------------- ---------------------------- Per share amount $ (.11) $ .02 $ (.09) $ (.24) ----------------------------- ---------------------------- ----------------------------- ---------------------------- FULLY DILUTED Average shares outstanding 5,036 5,058 5,036 4,340 Net effect of dilutive stock options, based upon the treasury stock method using closing market price 3 -- 3 -- ----------------------------- ---------------------------- Total 5,039 5,058 5,039 4,340 ----------------------------- ---------------------------- ----------------------------- ---------------------------- Net income (loss) $ (540) $ 121 $ (469) $(1,027) ----------------------------- ---------------------------- ----------------------------- ---------------------------- Per share amount $ (.11) $ .02 $ (.09) $ (.24) ----------------------------- ---------------------------- ----------------------------- ---------------------------- 61