EXHIBIT 11 EXHIBIT 11 - STATEMENT RE COMPUTATION OF PER SHARE EARNINGS. FISCAL YEAR ENDED ---------------------------------------------------------------------------- September 29, October 1, October 2, October 3, September 27, 1996 1995 1994 1993 1992 ------------ ----------- ----------- ----------- ------------ Net loss $(11,518,000) $(3,035,800) $(2,463,900) $(1,507,600) $ (895,800) Cumulative dividends on Preferred Stock (28,800) (31,000) (33,200) (31,400) (32,000) ------------ ----------- ----------- ----------- ----------- $(11,546,800) $(3,066,800) $(2,497,100) $(1,539,000) $ (927,800) ============ =========== =========== =========== =========== Common Stock: Shares outstanding at beginning of period 15,566,755 14,710,713 13,152,534 12,608,128 10,495,386 Pro rata shares: Shares sold - 63,033 887,870 - 692,308 Shares issued to employee stock bonus trust 28,797 29,703 14,893 8,105 103,211 Stock options and warrants exercised 222,792 104,320 86,236 236,638 125,261 Convertible bonds converted to Common Stock 1,043,506 - - - - Preferred Stock converted to common stock 12,420 58,692 - 12,916 14,762 ------------ ----------- ----------- ----------- ----------- Weighted average number of common and common equivalent shares outstanding 16,874,270 14,966,461 14,141,533 12,865,787 11,430,928 ============ =========== =========== =========== =========== Net loss per share $ (0.68) $ (0.20) $ (0.18) $ (0.12) $ (0.08) ============ =========== =========== =========== ===========