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EXHIBIT 11 - COMPUTATION OF NET INCOME PER SHARE
Quarter Ended Three Quarters Ended
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March 31, March 31, March 31, March 31,
1996 1995 1996 1995
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(In millions except per share amounts)
Primary:
Average shares outstanding 38.9 39.0 39.0 39.2
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Net income $ 44.2 $ 38.0 $118.1 $101.6
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Net income per share - primary $ 1.14 $ .98 $ 3.03 $ 2.59
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Fully diluted:
Total primary average shares
outstanding 38.9 39.0 39.0 39.2
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 .1 .1 .1
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Average fully diluted shares
outstanding 39.0 39.1 39.1 39.3
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Net income per share - fully diluted $1.13 $ .97 $ 3.02 $ 2.58
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