1 Exhibit 11 STATEMENT ON COMPUTATION OF EARNINGS PER SHARE (dollars and shares in thousands, except per share amounts) January 31, February 1, June 29, July 1, 1998 1997 1996 1995 ---------- ---------- ---------- ---------- (52 weeks) (31 weeks) (52 weeks) (52 weeks) Weighted average common shares outstanding during the year 33 33 33 33 Effect of dilutive stock options, net of shares assumed repurchased at average market price -- -- -- -- --------- --------- ---------- ------ Weighted average common share and common share equivalents 33 33 33 33 ======== ======== ======== ======== Net Income $ 3,704 $ 10,455 $ 18,703 $ 19,526 ======== ======== ======== ======== Earnings per share: Net income $ 111.12 $ 313.65 $ 561.09 $ 585.78 ======== ======== ======== ======== 67