COMPUTATION OF NET INCOME PER COMMON SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA)
QUARTERS ENDED SIX MONTHS ENDED ---------------------- --------------------- MAY 30 MAY 31 MAY 30 MAY 31 1997 1996 1997 1996 --------- --------- --------- --------- Net income $ 40,106 $ 22,009 $ 86,590 $ 55,672 --------- --------- --------- --------- --------- --------- --------- ---------
Primary shares outstanding: Weighted average shares outstanding during the period 72,259 73,137 71,953 73,145 Common stock equivalent shares 2,157 2,501 2,225 2,871 --------- --------- --------- --------- 74,416 75,638 74,178 76,016 --------- --------- --------- --------- --------- --------- --------- ---------
Fully diluted shares outstanding: Weighted average shares outstanding during the period 72,259 73,137 71,953 73,145 Common stock equivalent shares 2,529 2,533 2,733 2,884 --------- --------- --------- --------- 74,788 75,670 74,686 76,029 --------- --------- --------- --------- --------- --------- --------- ---------
Primary net income per common stock and common stock equivalent share $ .54 $ .29 $ 1.17 $ .73 --------- --------- --------- --------- --------- --------- --------- ---------
Fully diluted net income per common stock and common stock equivalent share $ .54 $ .29 $ 1.17 $ .73 --------- --------- --------- --------- --------- --------- --------- ---------