STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE (Unaudited) (in thousands, except per share data) Twelve Weeks Ended Thirty-Six Weeks Ended ---------------------------- ---------------------------- May 4, May 6, May 4, May 6, 1996 1995 1996 1995 -------- -------- -------- -------- Primary: Average shares outstanding 148,670 146,287 147,831 145,930 Net effect of dilutive stock options, based on the treasury stock method, using average fair market value 2,871 2,911 2,677 3,127 -------- -------- -------- -------- Total shares used in computation 151,541 149,198 150,508 149,057 -------- -------- -------- -------- -------- -------- -------- -------- Net income $ 37,605 $ 32,414 $ 99,726 $ 83,884 -------- -------- -------- -------- -------- -------- -------- -------- Per share amount $ .25 $ .22 $ .66 $ .56 -------- -------- -------- -------- -------- -------- -------- -------- Fully diluted: Average shares outstanding 148,670 146,287 147,831 145,930 Net effect of dilutive stock options, based on the treasury stock method, using higher of average or ending fair market value 3,750 2,911 4,151 3,127 -------- -------- -------- -------- Total shares used in computation 152,420 149,198 151,982 149,057 -------- -------- -------- -------- -------- -------- -------- -------- Net income $ 37,605 $ 32,414 $ 99,726 $ 83,884 -------- -------- -------- -------- -------- -------- -------- -------- Per share amount $ .25 $ .22 $ .66 $ .56 -------- -------- -------- -------- -------- -------- -------- -------- 11