Exhibit 11 STATEMENT OF COMPUTATION OF EARNINGS PER SHARE Year ended March 31, (In thousands except per share data) 1994 1993 1992 Primary Weighted average number of common shares outstanding 43,341 43,038 41,139 Incremental common shares attributable to outstanding options 1,626 2,690 3,533 Total shares 44,967 45,728 44,672 Net income $ 2,674 $ 93,811 $46,845 Net income per share $ .06 $ 2.05 $ 1.05 Fully Diluted Weighted average number of common shares outstanding 43,341 43,038 41,139 Incremental common shares attributable to: Outstanding options 1,759 2,753 3,967 6 3/8% convertible subordinated debentures 11,708 11,708 - Total shares 56,808 57,499 45,106 Net income: Net income $ 2,674 $ 93,811 $46,845 Add interest on convertible subordinated debentures, net of tax 8,128 8,127 - Adjusted net income $10,802 $101,938 $46,845 Net income per share $ .19 * $ 1.77 $ 1.04 * The primary net income per share is shown in the statements of income for both primary and fully diluted, as the effect of the assumed conversion of the subordinated debentures is anti-dilutive.