1 EXHIBIT 11 - STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS ---------- Quarter Ended Two Quarters Ended -------------------------- ------------------------- January 2, December 31, January 2, December 31, 1998 1996 1998 1996 ---------- ----------- ---------- ----------- (In millions, except per share amounts) Basic: Average shares outstanding 79.9 77.9 79.8 77.9 Less nonvested performance shares .7 .8 .6 .7 ---- ---- ---- ---- Total basic average shares outstanding 79.2 77.1 79.2 77.2 ==== ==== ==== ==== Net income $52.7 $45.5 $96.3 $83.6 ==== ==== ===== ==== Basic net income per share $ .67 $ .59 $1.22 $1.08 ==== ==== ==== ==== Diluted: Average shares outstanding 79.9 77.9 79.8 77.9 Plus dilutive stock options .3 .3 .3 .3 ---- ---- ---- ---- Total diluted average shares outstanding 80.2 78.2 80.1 78.2 ==== ==== ==== ==== Diluted net income per share $ .66 $ .58 $1.20 $1.07 ==== ==== ==== ====