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EXHIBIT 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Nine Months Ended September 30, 2004 | Three Months Ended September 30, 2004 | |||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||
(in Thousands) | (in Thousands) | |||||||||
Basic Weighted Average Shares Outstanding | 5,704 | $ | 1.05 | 5,708 | $ | 0.36 | ||||
Diluted | ||||||||||
Average Shares Outstanding | 5,704 | 5,708 | ||||||||
Common Stock Equivalents | 19 | 20 | ||||||||
5,723 | $ | 1.05 | 5,728 | $ | 0.36 | |||||
Nine Months Ended September 30, 2003 | Three Months Ended September 30, 2003 | |||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||
(in Thousands) | (in Thousands) | |||||||||
Basic Weighted Average Shares Outstanding | 5,695 | $ | 0.88 | 5,695 | $ | 0.30 | ||||
Diluted | ||||||||||
Average Shares Outstanding | 5,695 | 5,695 | ||||||||
Common Stock Equivalents | 25 | 25 | ||||||||
5,720 | $ | 0.88 | 5,720 | $ | 0.30 | |||||