1 Exhibit 11 CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK (In thousands of shares) Thirteen Weeks Ended Thirty-nine Weeks Ended ------------------------------- --------------------------------- October 1, October 3, October 1, October 3, 2000 1999 2000 1999 ------------------------------- --------------------------------- Number of shares of Class A and Class B Common stock outstanding at beginning of period 9,446 10,091 9,439 10,093 Issuance of shares of Class B common stock (weighted), net of forfeiture of re- stricted stock awards 2 2 4 10 Repurchase of Class B common stock (weighted) - (33) - (18) --------- --------- --------- -------- Shares used in the computation of basic earnings per share 9,448 10,060 9,443 10,085 Adjustment to reflect dilution from common stock equivalents 15 41 16 42 --------- --------- --------- -------- Shares used in the computation of diluted earnings per share 9,463 10,101 9,459 10,127 --------- --------- --------- -------- Net income available for common shares $33,253 $51,452 $97,736 $163,838 --------- --------- --------- -------- Basic earnings per common share $3.52 $5.12 $10.35 $16.25 --------- --------- --------- -------- Diluted earnings per common share $3.51 $5.10 $10.33 $16.18 --------- --------- --------- --------