Exhibit 11 Computation of Per Share Earnings (Unaudited) (In thousands except per share amounts) Three Months Ended Nine Months Ended --------------------------- -------------------------- Sep 3, 1995 Aug 28, 1994 Sep 3, 1995 Aug 28, 1994 ----------- ------------ ----------- ------------ Income before cumulative effect of accounting change $ 3,655 $ 4,391 $ 9,937 $11,482 Cumulative effect of change in accounting for income taxes -- -- -- 795 ------- ------- ------- ------- Net income $ 3,655 $ 4,391 $ 9,937 $12,277 ======= ======= ======= ======= Primary per share earnings - -------------------------- Average number of common shares outstanding 15,959 16,087 16,009 16,104 Add - common equivalent shares representing shares issuable upon exercise of stock options and stock grants 187 177 123 196 ------- ------- ------- ------- Average shares used to calculate primary per share earnings 16,146 16,264 16,132 16,300 ======= ======= ======= ======= Primary per share earnings before change in accounting for income taxes $ 0.23 $ 0.27 $ 0.62 $ 0.70 ======= ======= ======= ======= Cumulative effect of change in accounting for income taxes -- -- -- 0.05 ------- ------- ------- ------- Net primary per share earnings $ 0.23 $ 0.27 $ 0.62 $ 0.75 ======= ======= ======= ======= Fully diluted per share earnings - -------------------------------- Average number of common shares outstanding 15,959 16,087 16,009 16,104 Add - common equivalent shares representing shares issuable upon exercise of stock options and stock grants 187 181 137 209 ------- ------- ------- ------- Average shares used to calculate fully diluted per share earnings 16,146 16,268 16,146 16,313 ======= ======= ======= ======= Fully diluted per share earnings before change in accounting for income taxes $ 0.23 $ 0.27 $ 0.62 $ 0.70 ======= ======= ======= ======= Cumulative effect of change in accounting for income taxes -- -- -- 0.05 ------- ------- ------- ------- Net fully diluted per share earnings $ 0.23 $ 0.27 $ 0.62 $ 0.75 ======= ======= ======= =======