1 Exhibit 11 CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK (In thousands of shares) Thirteen Weeks Ended Thirty-nine Weeks Ended --------------------------------- -------------------------- Sept 27, Sept 28, Sept 27, Sept 28, 1998 1997 1998 1997 ----------------- ------------ --------------- -------- Number of shares of Class A and Class B Common stock outstanding at beginning of period 10,093 10,715 10,089 10,910 Issuance of shares of Class B common stock (weighted), net of forfeiture of re- stricted stock awards 2 - 12 19 Repurchase of Class B common stock (weighted) (2) (7) (13) (163) ----- ----- ------ ------ Shares used in the computation of basic earnings per share 10,093 10,708 10,088 10,766 Adjustment to reflect dilution from common stock equivalents 46 35 44 28 ------ ------ ------ ------- Shares used in the computation Of diluted earnings per share 10,139 10,743 10,132 10,794 ------ ------ ------ ------- Net income available for common shares $81,609 $71,312 $352,548 $189,646 ------ ------ ------- ------- Basic earnings per common share $8.09 $ 6.66 $34.95 $17.62 ---- ----- ----- ----- Diluted earnings per common share $8.05 $ 6.64 $34.79 $17.57 ---- ----- ----- -----