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EXHIBIT 11 - COMPUTATION OF NET INCOME PER SHARE
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Quarter Ended Two Quarters Ended
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December 31, December 31, December 31, December 31,
1996 1995 1996 1995
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(In millions except per share amounts)
Primary:
Average shares outstanding 39.0 39.2 39.0 39.1
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Net income $ 45.5 $ 40.4 $ 83.6 $ 73.9
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Net income per share - primary $ 1.17 $ 1.03 $ 2.15 $ 1.89
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Fully diluted:
Total primary average shares
outstanding 39.0 39.2 39.0 39.1
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 39.1 39.3 39.1 39.2
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Net income per share - fully diluted $1.16 $1.03 $2.14 $1.89
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