EX-11 2 exhibit11.htm EXHIBIT 11

Exhibit 11

CALCULATION OF EARNINGS PER SHARE OF COMMON STOCK

 

  Thirteen Weeks Ended  


(In thousands of shares)

 April 1,
2001 

 

April 2,
2000 


       

Number of shares of Class A and Class B

     

common stock outstanding at beginning of period

9,460   9,439

 

     

Issuance of shares of Class B common stock

     

(weighted), net of forfeiture of restricted

     

stock awards

19    1 
       

Shares used in the computation of basic

     

earnings per common share

9,479    9,440 

 

 

 

 

Adjustment to reflect dilution from common

     

stock equivalents

20    18 

 

     
 

 9,499 

 

 9,458 

       

Net income available for common shares

$198,527    $23,569 

 


 

Basic earnings per common share

$  20.94    $  2.50 

 


 

Diluted earnings per common share

$  20.90    $  2.49