Exhibit 11 - Calculation of Earnings per Share
Three Months Ended Six Months Ended
(in thousands except per share data) June 28, 1998 June 29, 1997 June 28, 1998 June 29, 1997
- -----------------------------------------------------------------------------------------------------------------------------------
Basic Earnings per share:
Net income $ 9,392 $ 6,271 $17,672 $11,964
Weighted average shares outstanding 29,365 28,888 29,264 28,822
-------------------------------------------------------------
Basic earnings per share $ 0.32 $ 0.22 $ 0.60 $ 0.42
=============================================================
Diluted Earnings per Share:
Net income $ 9,392 $ 6,271 $17,672 $11,964
Weighted average shares outstanding 29,365 28,888 29,264 28,822
Dilutive effect of outstanding common stock options 1,157 631 1,005 620
-------------------------------------------------------------
Diluted weighted average shares outstanding 30,522 29,519 30,269 29,442
-------------------------------------------------------------
Diluted earnings per share $ 0.31 $ 0.21 $ 0.58 $ 0.41
============================================================