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EXHIBIT 11.1
STATEMENT OF COMPUTATION OF EARNINGS PER SHARE
Three Months Ended September 30, 2006 | Three Months Ended September 30, 2005 | |||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||
(in Thousands) | (in Thousands) | |||||||||
Basic Weighted Average Shares Outstanding | 7,182 | $ | 0.36 | 7,144 | $ | 0.32 | ||||
Diluted | ||||||||||
Average Shares Outstanding | 7,182 | 7,144 | ||||||||
Common Stock Equivalents | 0 | 28 | ||||||||
7,182 | $ | 0.36 | 7,172 | $ | 0.31 | |||||
Nine Months Ended September 30, 2006 | Nine Months Ended September 30, 2005 | |||||||||
Shares | Earnings Per Share | Shares | Earnings Per Share | |||||||
(in Thousands) | (in Thousands) | |||||||||
Basic Weighted Average Shares Outstanding | 7,176 | $ | 1.05 | 7,144 | $ | 0.93 | ||||
Diluted | ||||||||||
Average Shares Outstanding | 7,176 | 7,144 | ||||||||
Common Stock Equivalents | 1 | 30 | ||||||||
7,177 | $ | 1.05 | 7,174 | $ | 0.93 | |||||