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EXHIBIT 11.1--STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
The following table presents the computation of basic and diluted earnings
per share:
Three Months Ended
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March 29, March 31,
1998 1997
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Numerator:
Net income $ 88,003 $ 68,001
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Denominator:
Denominator for basic earnings per
share--weighted-average shares 2,145,000 2,115,000
Effect of dilutive securities:
Employee stock options 48,000
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Denominator for diluted earnings per share 2,193,000 2,115,000
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Earnings per share:
Basic $ 0.04 $ 0.03
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Diluted $ 0.04 $ 0.03
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