1 Exhibit 11 CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK (In thousands of shares) Thirteen Weeks Ended Thirty-nine Weeks Ended --------------------------- ------------------------------ October 3, Sept 27, October 3, Sept 27, 1999 1998 1999 1998 --------------------------- ------------------------------ Number of shares of Class A and Class B Common stock outstanding at beginning of period 10,091 10,093 10,093 10,089 Issuance of shares of Class B common stock (weighted), net of forfeiture of re- stricted stock awards 2 2 10 12 Repurchase of Class B common stock (weighted) (33) (2) (18) (13) ------ ----- ------ ------ Shares used in the computation of basic earnings per share 10,060 10,093 10,085 10,088 Adjustment to reflect dilution from common stock equivalents 41 46 42 44 ------ ------ ------ ------ Shares used in the computation Of diluted earnings per share 10,101 10,139 10,127 10,132 ------ ------ ------- ------- Net income available for common shares $51,452 $81,609 $163,838 $352,548 ------ ------ ------- ------- Basic earnings per common share $5.12 $8.09 $16.25 $34.95 ---- ---- ----- ----- Diluted earnings per common share $5.10 $8.05 $16.18 $34.79 ---- ---- ----- -----