Exhibit 99.1 During 1997 the Financial Accounting Standards Board issued Financial Accounting Standards ("SFAS") No. 128, "Earnings per Share" which is effective for the Company beginning with the first quarter of fiscal 1998. SFAS No. 128 replaces the previously reported primary and fully diluted earnings per share with basic and diluted earnings per share. Following are restated earnings per share amounts for prior periods computed in compliance with SFAS No. 128.
Selected Financial Data: Amounts in thousands, except per share data Years ended September 30 1997 1996 1995 1994 1993 1992 ---- ---- ---- ---- ---- ---- Earnings (Loss) Per Share - ------------------------- Basic Earnings (Loss) Per Share: Income Before Cumulative Effect of Accounting Changes $ 2.42 $ 2.21 $ 1.85 $ 1.55 $ 1.38 $ 1.31 Cumulative Effect of Accounting Changes - - - - (0.93) - Net Income $ 2.42 $ 2.21 $ 1.85 $ 1.55 $ 0.45 $ 1.31 Diluted Earnings (Loss) Per Share: Income Before Cumulative Effect of Accounting Changes $ 2.30 $ 2.11 $ 1.79 $ 1.51 $ 1.35 $ 1.27 Cumulative Effect of Accounting Changes - - - - (0.90) - Net Income $ 2.30 $ 2.11 $ 1.79 $ 1.51 $ 0.45 $ 1.27 Average Common Shares Outstanding 122,615 126,709 134,144 144,474 151,666 151,353 Average Common and Common Equivalent Shares Outstanding - Assuming Dilution 129,793 133,823 140,175 149,309 156,604 156,721 Reconciliation between the calculation of basic and diluted earnings per share: 1997 1996 1995 ---- ---- ---- Income Before Cumulative Effect of Accounting Changes $ 300,074 $ 283,447 $ 251,696 Less: Preferred Stock Dividends (3,365) (3,484) (3,596) -------- -------- -------- Income Before Cumulative Effect of Accounting Changes Applicable to Common Shareholders 296,709 279,963 248,100 Cumulative Effect of Accounting Changes, Net of Taxes - - - -------- -------- -------- Income Available to Common Shareholders 296,709 279,963 248,100 Preferred Stock Dividends - Using the "If Converted" Method 3,365 3,484 3,596 Additional ESOP Contribution - Using the "If Converted" Method (1,124) (1,288) (1,419) -------- -------- -------- Income Available to Common Shareholders After Assumed Conversions $ 298,950 $ 282,159 $ 250,277 ======== ======== ======== Average Common Shares Outstanding 122,615 126,709 134,144 Dilutive Stock Equivalents from Stock Plans 4,406 4,243 3,063 Shares Issuable Upon Conversion of Preferred Stock 2,772 2,871 2,968 Average Common and Common Equivalent -------- -------- -------- Shares Outstanding - Assuming Dilution 129,793 133,823 140,175 ======== ======== ======== Quarterly Financial Data: - ------------------------ 1st 2nd 3rd 4th Year 1997 Basic Earnings Per Share $0.46 $0.67 $0.57 $0.72 $2.42 Diluted Earnings Per Share 0.44 0.63 0.54 0.69 2.30 1996 Basic Earnings Per Share $0.34 $0.58 $0.61 $0.69 $2.21 Diluted Earnings Per Share 0.33 0.55 0.58 0.66 2.11