1 Exhibit 11 Statement re: computation of per share earnings - ------------------------------------------------ Thirteen Weeks Ended ---------------------- Dec 29, Dec 31, 1996 1995 ---------- ---------- Weighted average shares outstanding 12,202,097 13,225,612 Common Stock equivalents: Stock options 77,308 89,351 ----------- ----------- 12,279,405 13,314,963 =========== =========== Net Income $ 1,092,000 $ 545,000 =========== =========== EARNINGS PER COMMON SHARE $ .09 $ .04 =========== =========== 13