EXHIBIT 11 - COMPUTATION OF NET EARNINGS PER SHARE Year ended December 31, 1993 1992 1991 PRIMARY: Primary net earnings....................... $123,509,607 $79,225,703 $64,716,499 Average shares outstanding: (excludes dilutive effect of employee stock options because less than 3%)...... 86,909,345 86,584,130 86,239,732 Primary net earnings per share............. $1.4211 $.9150 $.7504 FULLY DILUTED: Fully diluted net earnings................. $123,509,607 $79,225,703 $64,716,499 Fully diluted average shares outstanding: Primary shares outstanding............... 86,909,345 86,584,130 86,239,732 Dilutive effect of employee stock options 385,365 335,486 329,432 87,294,710 86,919,616 86,569,164 Fully diluted net earnings per share....... $1.4149 $.9115 $.7476 Share data for 1992 and 1991 have been restated to reflect the 2-for-1 stock split in September, 1993.