1 Exhibit 11 Statement re: computation of per share earnings - ------------------------------------------------ Thirteen Weeks Ended Thirty-nine Weeks Ended June 29, June 30, June 29, June 30, 1997 1996 1997 1996 ----------- ----------- ---------- ------------ Weighted average shares outstanding 12,174,949 12,446,168 12,196,836 12,818,541 Common Stock equivalents: Stock options 40,728 69,323 58,697 68,520 ------------ ----------- ----------- ------------ 12,215,677 12,515,491 12,255,533 12,887,061 ============ =========== =========== ============ Net Income(Loss) ($ 1,070,000) $ 1,477,000 $ 837,000 ($ 620,000) ============ =========== =========== ============ EARNINGS PER COMMON SHARE $ (.09) $ .12 $ .07 $ (.05) ============ =========== =========== ============ 14