EXHIBIT 11.1 Computation of per share earnings from continuing operations: Shares of Common Stock outstanding 74,464,263 Time-vested restricted shares issued to executive officers and key employees 655,272 Expected vesting of performance-based restricted restricted shares issued to executive officers and key employees 1,179,489 Shares issued to the Company's non employee directors 4,026 Stock options weighted average 31,823 ---------- Weighted average Shares outstanding 76,334,873 NINE MONTHS ENDED SEPTEMBER 30, 1997 Net income 168,536,000 = 2.21 -------------------- Shares outstanding 76,334,873