Exhibit 11 Computation of Per Share Earnings (Unaudited) (In thousands except per share amounts) Three Months Ended ---------------------------------------- March 2, March 3, 1997 1996 -------------- -------------- Primary per share earnings Earnings applicable to primary per share earnings $2,400 $2,826 ============== ============== Average number of common shares outstanding 11,007 12,939 Add - common equivalent shares representing shares issuable upon exercise of stock options and stock grants 276 196 -------------- -------------- Average shares used to calculate primary per share earnings 11,283 13,135 ============== ============== Primary per share earnings $0.21 $0.22 ============== ============== Fully diluted per share earnings Earnings applicable to fully diluted per share earnings $2,400 $2,826 ============== ============== Average number of common shares outstanding 11,007 12,939 Add - common equivalent shares representing shares issuable upon exercise of stock options and stock grants 290 214 -------------- -------------- Average shares used to calculate fully diluted per share earnings 11,297 13,153 ============== ============== Net fully diluted per share earnings $0.21 $0.21 ============== ==============