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Exhibit 11.1
COMPUTATION OF EARNINGS PER SHARE
(AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)
YEAR ENDED JUNE 30, | ||||||||
2008 | 2007 | |||||||
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING | 1,216 | 1,158 | ||||||
WEIGHTED AVERAGE COMMON AND COMMON EQUIVALENT SHARES OUTSTANDING | 1,228 | 1,204 | ||||||
NET INCOME APPLICABLE TO COMMON STOCK | $ | 7,991 | $ | 449 | ||||
TOTAL INCOME PER COMMON SHARE: | ||||||||
Basic | $ | 6.57 | $ | 0.39 | ||||
Diluted | $ | 6.51 | $ | 0.37 |