<PAGE>   1
                                                                    EXHIBIT 11.1




<TABLE>
Computation of weighted average number of shares outstanding used in determining
primary and fully diluted earnings per share:

<CAPTION>
                                                       Fiscal Year Ended
                                              ------------------------------------
                                             February 1,  February 3,  January 28,
                                                1997         1996         1995
                                             -----------  -----------  -----------
(Shares in 000's)                                                     
                                                                      
<S>                                             <C>         <C>          <C>   
Primary                                                               
-------                                                               
  Weighted average number of common                                   
     shares outstanding                         33,185      34,395       34,908
                                                                      
  Assumed exercise of certain stock                                   
     options based on average market values        266         258           83
                                                ------      ------       ------
                                                                      
  Weighted average number of shares used                              
     in primary per share computations          33,451      34,653       34,991
                                                ======      ======       ======
                                                                      
                                                                      
                                                                      
Fully diluted (a)                                                     
-----------------                                                     
  Weighted average number of common                                   
     shares outstanding                         33,185      34,395       34,908
                                                                      
  Assumed exercise of all dilutive options                            
     based on higher of average or closing                            
     market value                                  266         258           92
                                                ------      ------       ------
                                                                      
  Weighted average number of shares used                              
     in fully diluted per share computations    33,451      34,653       35,000
                                                ======      ======       ======
                                                                     
</TABLE>


(a)  This calculation is submitted in accordance with the Securities Exchange
     Act of 1934 Release No. 9083 although not required by Footnote 2 to
     Paragraph 14 of APB Opinion No. 15 because it results in dilution of less
     than 3%.