EXHIBIT 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Three Months Ended | Three Months Ended | |||||||||||||||
June 30, 2009 | June 30, 2008 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,210 | $ | (0.94 | ) | 7,198 | $ | 0.04 | |||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,210 | 7,198 | ||||||||||||||
Common Stock Equivalents | 0 | --- | ||||||||||||||
7,210 | $ | (0.94 | ) | 7,198 | $ | 0.04 |
Six Months Ended | Six Months Ended | |||||||||||||||
June 30, 2009 | June 30, 2008 | |||||||||||||||
Earnings | Earnings | |||||||||||||||
Shares | Per Share | Shares | Per Share | |||||||||||||
(in Thousands) | (in Thousands) | |||||||||||||||
Basic Weighted Average Shares Outstanding | 7,206 | $ | (0.83 | ) | 7,195 | $ | 0.35 | |||||||||
Diluted | ||||||||||||||||
Average Shares Outstanding | 7,206 | 7,195 | ||||||||||||||
Common Stock Equivalents | 0 | --- | ||||||||||||||
7,206 | $ | (0.83 | ) | 7,195 | $ | 0.35 |