EXHIBIT 11
COMPUTATION OF PER SHARE DATA
(UNAUDITED)
SIX MONTHS ENDED THREE MONTHS ENDED
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MARCH 30, APRIL 1, MARCH 30, APRIL 1,
1996 1995 1996 1995
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NET INCOME (LOSS) $ (938,000) $ 2,535,000 $ (740,000) $ 421,000
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Primary:
Weighted average number of common
common shares outstanding 18,178,205 14,630,161 18,183,750 14,665,090
Shares issuable upon conversion of Series A
Convertible Preferred Stock - 995,751 - 995,751
Shares issuable upon exercise of dilutive stock
options and warrants - net of shares assumed to
be repurchased (at the average market price for
the period) from exercise proceeds 224,638 468,852 249,850 434,993
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Shares used for computation 18,402,843 16,094,764 18,433,600 16,095,834
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NET INCOME (LOSS) PER SHARE OF COMMON STOCK $(.05) $.16 $(.04) $.03
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Assuming full dilution:
Weighted average number of common shares
outstanding 18,178,205 14,630,161 18,183,750 14,665,090
Shares issuable upon conversion of Series A
Convertible Preferred Stock - 995,751 - 995,751
Shares issuable upon exercise of dilutive stock
options and warrants - net of shares assumed to be
repurchased (at the higher of period-end market
price or the average market price for the period)
from exercise proceeds 224,638 694,201 249,850 684,177
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Shares used for computation 18,402,843 16,320,113 18,433,600 16,345,018
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NET INCOME (LOSS) PER SHARE OF COMMON STOCK $(.05) $.16 $(.04) $.03
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