EXHIBIT 11. CALCULATION OF NET INCOME PER SHARE OF COMMON STOCK (IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) THREE MONTHS ENDED ---------------------- JULY 1, JULY 2, 1997 1996 --------- --------- (UNAUDITED) NET INCOME $2,215 $2,831 --------- --------- Weighted average common shares outstanding 8,135 8,543 Common stock equivalents for restricted stock, stock options and warrants 211 399 --------- --------- Weighted average common shares outstanding as adjusted 8,346 8,942 --------- --------- Net income per share of common stock $ .27 $ .32 ========= =========