Fred,
There is a series of formulae that are followed for this in the ASD manual. You have to combine all of the stresses: compression, strong axis bending, weak axis bending. I don't know them off the top of my head but I do know that if fa/Fa is greater than 0.15 it gets more complex. Well, actually, I do know the formula for that off the top of my head:
fa/Fa + fbx/Fbx + fby/Fby < 1.0 under normal loading
fa/Fa + fbx/Fbx + fby/Fby < 1.33 under transient loading
but that is only if fa/Fa < 0.15
It's under combined axial and bending in the steel manual