EXHIBIT 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Three Months Ended | Three Months Ended | |||||||||||||||
September 30, 2007 | September 30, 2006 | |||||||||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,194 | $ | 0.36 | 7,182 | $ | 0.36 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,194 | 7,182 | ||||||||||||||
Common Stock Equivalents | 8 | 0 | ||||||||||||||
7,202 | $ | 0.36 | 7,182 | $ | 0.36 |
Nine Months Ended | Nine Months Ended | |||||||||||||||
September 30, 2007 | September 30, 2006 | |||||||||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,188 | $ | 1.08 | 7,176 | $ | 1.05 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,188 | 7,176 | ||||||||||||||
Common Stock Equivalents | 10 | 1 | ||||||||||||||
7,198 | $ | 1.08 | 7,177 | $ | 1.05 |