
<PAGE>   1
Exhibit 11



Statement Regarding Computation of Per Share Earnings

<TABLE>
<CAPTION>

                                        Fourth Quarter Ended               Year Ended
(in 000's, except per share amounts)  Jan. 1, 2000   Jan 2, 1999    Jan. 1, 2000    Jan 2, 1999
                                      ------------   -----------    ------------    -----------
<S>                                  <C>            <C>            <C>             <C>
Weighted average shares outstanding      47,643         48,171         48,227          47,780

Effect of dilutive securities-options       179          1,191            662           1,504
                                        -------        -------        -------         -------
Shares for diluted EPS                   47,822         49,362         48,889          49,284
                                        =======        =======        =======         =======

Net income                              $ 5,584        $22,642        $50,042         $94,198
                                        =======        =======        =======         =======

Per share amounts:

   Basic                                $  0.12        $  0.47        $  1.04         $  1.97
                                        =======        =======        =======         =======

   Diluted                              $  0.12        $  0.46        $  1.02         $  1.91
                                        =======        =======        =======         =======
</TABLE>
