Exhibit 11 Computation of Earnings per Share (unaudited) Fiscal Quarters Ended ------------------------ June 28, June 30, 1996 1995 --------- --------- Weighted average common shares outstanding 4,228,700 4,105,100 Dilutive effect of common equivalent shares (a) 455,900 323,100 --------- --------- Primary average shares outstanding 4,684,600 4,428,200 Effect of change in share price (b) 23,500 27,300 --------- --------- Fully diluted weighted average shares outstanding 4,708,100 4,455,500 ========= ========= Net income $1,334,100 $ 818,800 ========= ========= Primary earnings per share $0.28 $0.18 ========= ========= Fully diluted earnings per share $0.28 $0.18 ========= ========= (a) Calculates the dilutive effect of outstanding stock options based upon the "Treasury Stock Method". (b) Represents the impact on the treasury stock method of the difference between the average share price during the period and the ending share price for the period.