Exhibit 11 Computation of Earnings per Common Share (In thousands except per share amounts) QUARTERS ENDED --------------------------------------------------------------------------------------------------- December 28 December 29 1997 1996 ------------------------------------------------- ------------------------------------------------ Income from Income from Continuing Per Continuing Per Operations Shares Share Operations Shares Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount ------------------- ------------------ ---------- ----------------- ------------------ ---------- BASIC EPS Income from continuing operations available to common stockholders $18,027 13,155 $1.37 $16,200 13,029 $1.24 ========== ========== EFFECT OF DILUTIVE SECURITIES Options and redeemable common shares 384 443 ------------------- ------------------ ----------------- ------------------ DILUTED EPS Income from continuing operations available to common stockholders, plus assumed conversions $18,027 13,539 $1.33 $16,200 13,472 $1.20 =================== ================== ========== ================= ================== ========== NINE MONTHS ENDED --------------------------------------------------------------------------------------------------- December 28 December 29 1997 1996 ------------------------------------------------- ------------------------------------------------ Income from Income from Continuing Per Continuing Per Operations Shares Share Operations Shares Share (Numerator) (Denominator) Amount (Numerator) (Denominator) Amount ------------------- ------------------ ---------- ----------------- ------------------ ---------- BASIC EPS Income from continuing operations available to common stockholders $48,605 13,067 $3.72 $35,137 12,994 $2.70 ========== ========== EFFECT OF DILUTIVE SECURITIES Options and redeemable common shares 376 417 ------------------- ------------------ ----------------- ------------------ DILUTED EPS Income from continuing operations available to common stockholders, plus assumed conversions $48,605 13,443 $3.62 $35,137 13,411 $2.62 =================== ================== ========== ================= ================== ==========