1 EXHIBIT 11 - COMPUTATION OF NET INCOME PER SHARE ---------- Quarter Ended ----------------------------- September 30, September 30, 1994 1993 -------------- ------------- (In millions except per share amounts) Primary: Average shares outstanding 39.4 39.8 ===== ===== Income before cumulative effect of change in accounting principle $ 28.8 $ 24.7 Cumulative effect of change in accounting principle - (10.1) ------ ------ Net income $ 28.8 $ 14.6 ====== ====== Per share amounts: Income before cumulative effect of change in accounting principle $.73 $.62 Cumulative effect of change in accounting principle - (.25) ---- ---- Total $.73 $.37 ==== ==== Fully diluted: Total primary average shares outstanding 39.4 39.8 Dilutive stock options and employee stock purchase plan shares - based on treasury stock method using the greater of quarter-end market price or average market price .1 .2 ------ ------ Average fully diluted shares outstanding 39.5 40.0 ====== ====== Per share amounts: Income before cumulative effect of change in accounting principle $.73 $.62 Cumulative effect of change in accounting principle - (.25) ---- ---- Total $.73 $.37 ==== ====