1 EXHIBIT 11: COMPUTATION OF EARNINGS PER SHARE Net Weighted Average Per-Share Earnings Shares Amount Thirteen weeks ended November 1, 1998: Basic $ 4,998,000 55,612,921 $ 0.09 Effect of dilutive stock options -- 2,224,919 ----------- ---------- Diluted $ 4,998,000 57,837,840 $ 0.09 =========== ========== ======== Thirteen weeks ended November 2, 1997: Basic $ 3,245,000 51,550,166 $ 0.06 Effect of dilutive stock options -- 2,565,270 ----------- ---------- Diluted $ 3,245,000 * 54,115,436 $ 0.06 =========== ========== ======== Thirty-nine weeks ended November 1, 1998: Basic $10,989,000 53,987,790 $ 0.20 Effect of dilutive stock options -- 2,338,001 ----------- ---------- Diluted $10,989,000 56,325,792 $ 0.20 =========== ========== ======== Thirty-nine weeks ended November 2, 1997: Basic $ 7,051,000 51,240,006 $ 0.14 Effect of dilutive stock options -- 2,266,552 ----------- ---------- Diluted $ 7,051,000 * 53,506,558 $ 0.13 =========== ========== ======== * Incremental shares from assumed conversion of convertible debt are antidilutive for diluted earnings per share and therefore not included.