EXHIBIT 11.1
STATEMENT AND COMPUTATION OF EARNINGS PER SHARE
Three Months Ended | Three Months Ended | |||||||||||||||
September 30, 2008 | September 30, 2007 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,202 | $ | 0.03 | 7,194 | $ | 0.36 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,202 | 7,194 | ||||||||||||||
Common Stock Equivalents | 0 | 8 | ||||||||||||||
7,202 | $ | 0.03 | 7,202 | $ | 0.36 | |||||||||||
Nine Months Ended | Nine Months Ended | |||||||||||||||
September 30, 2008 | September 30, 2007 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,197 | $ | 0.38 | 7,188 | $ | 1.08 | ||||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,197 | 7,188 | ||||||||||||||
Common Stock Equivalents | 0 | 10 | ||||||||||||||
7,197 | $ | 0.38 | 7,198 | $ | 1.08 |