1
EXHIBIT 11
STATEMENT OF THE COMPUTATION OF PER SHARE EARNINGS
IN ACCORDANCE WITH INSTRUCTION 4(G)
THREE MONTHS ENDED
-----------------------------------------------
6/26/94 6/27/93
--------------- ---------------
Primary earnings per share:
Weighted average number of 5,185,791 5,122,004
common shares outstanding
Dilutive effect of stock
option plan - (a) - (a)
--------------- ---------------
5,185,791 5,122,004
=============== ===============
Net income $ 1,072,000 $ 1,514,000
=============== ===============
Primary earnings per share $ 0.21 $ 0.32
=============== ===============
(a) The inclusion of stock options in the calculation of primary
earnings per share were either anti-dilutive or not material as
per APB 15.
20