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EXHIBIT NO. 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Year Ended December 31, 2003 | |||||
Shares | Earnings Per Share | ||||
(In Thousands) | |||||
Basic Weighted Average Shares Outstanding | 5,702 | $ | 1.20 | ||
Diluted | |||||
Average Shares Outstanding | 5,702 | ||||
Common Stock Equivalents | 19 | ||||
5,721 | $ | 1.19 | |||
Year Ended December 31, 2002 | |||||
Basic Weighted Average Shares Outstanding | 5,595 | $ | 1.03 | ||
Diluted | |||||
Average Shares Outstanding | 5,595 | ||||
Common Stock Equivalents | 15 | ||||
5,610 | $ | 1.03 | |||