EXHIBIT 11 - CALCULATION OF EARNINGS PER SHARE
THREE MONTHS ENDED SIX MONTHS ENDED
(IN THOUSANDS, EXCEPT PER SHARE AMOUNTS) JUNE 25, 2000 JUNE 27, 1999 JUNE 25, 2000 JUNE 27, 1999
- --------------------------------------------------------------------------------------------------------------------
BASIC EARNINGS PER SHARE:
Net Income $12,976 $12,334 $24,517 $23,716
Weighted average shares outstanding 25,276 30,166 26,063 30,066
------- ------- ------- -------
Basic earnings per share $ 0.51 $ 0.41 $ 0.94 $ 0.79
======= ======= ======= =======
DILUTED EARNINGS PER SHARE:
Net Income $12,976 $12,334 $24,517 $23,716
Weighted average shares outstanding 25,276 30,166 26,063 30,066
Dilutive effect of outstanding common stock options 266 899 260 1,016
------- ------- ------- -------
Diluted weighted average shares outstanding 25,542 31,065 26,323 31,082
------- ------- ------- -------
Diluted earnings per share $ 0.51 $ 0.40 $ 0.93 $ 0.76
======= ======= ======= =======