EXHIBIT 11
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
YEAR ENDED
SEPTEMBER 30,
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1997 1996
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(IN THOUSANDS, EXCEPT PER SHARE DATA)
Net Income................................... $49,420 $32,275
Weighted average common shares outstanding 22,443 23,116
Common stock equivalents due to dilutive
effect of stock option.................. 1,152 1,104
Total weighted average common shares and equivalents
outstanding............................. 23,595 24,220
Primary earnings per common and common share
equivalents............................. $2.09 $1.33
Total weighted average common shares and
equivalents outstanding................. 23,595 24,220
Additional dilutive shares using ending
period market value versus average
market value for the period when utilizing
the treasury stock method regarding
stock options........................... 160 57
Total shares for fully diluted earnings
per share............................... 23,755 24,277
Fully diluted earnings per common and
common share equivalents................ $2.08 $1.33