EX-11 2 0002.txt COMPUTATION OF EARNINGS PER SHARE OF COMMON STOCK 1 EXHIBIT 11
CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK (In thousands of shares) Thirteen Weeks Ended Twenty-Six Weeks Ended -------------------- ---------------------- July 2, July 4, July 2, July 4, 2000 1999 2000 1999 -------------------- ---------------------- Number of shares of Class A and Class B Common stock outstanding at beginning of period 9,440 10,099 9,439 10,093 Issuance of shares of Class B common stock (weighted), net of forfeiture of re- stricted stock awards 3 3 2 8 Repurchase of Class B common stock (weighted) - (4) - (3) ------ ------ ------ ------ Shares used in the computation of basic earnings per share 9,443 10,098 9,441 10,098 Adjustment to reflect dilution from common stock equivalents 15 42 17 43 ------ ------ ------ ------ Shares used in the computation Of diluted earnings per share 9,458 10,140 9,458 10,141 ------ ------ ------ ------ Net income available for common shares $40,915 $67,672 $64,483 $112,386 ------ ------ ------ ------- Basic earnings per common share $4.33 $6.70 $6.83 $11.13 ------ ------ ------ ------- Diluted earnings per common share $4.33 $6.67 $6.82 $11.08 ------ ------ ------ -------