EXHIBIT 11 STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS YEAR ENDED SEPTEMBER 30, ------------------------------------- 1996 1995 ------------------ ----------------- (IN THOUSANDS, EXCEPT PER SHARE DATA) Net Income . . . . . . . . . . . . . . . . . $32,275 $43,516 Weighted average common shares outstanding . . . . . . . . . . . . . . . 23,116 24,389 Common stock equivalents due to dilutive effect of stock option . . . . . 1,104 699 Total weighted average common shares and equivalents outstanding . . . . . . . 24,220 25,088 Earnings per common and common share equivalents . . . . . . . . . . . . . . . $1.33 $1.73 Total weighted average common shares and equivalents outstanding . . . . . . . 24,220 25,088 Additional dilutive shares using ending period market value versus average market value for the period when utilizing the treasury stock method regarding stock options . . . . . . . . . 57 358 Total shares for fully dilutive earnings per share . . . . . . . . . . . 24,277 25,446 Fully diluted earnings per common and common share equivalents . . . . . . . . $1.33 $1.71