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EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
(in thousands, except for per share data) | |||||||
Nine Months Ended September 27 | |||||||
2003 | 2002 | ||||||
Income from continuing operations | $ | 240 | $ | 3,442 | |||
Discontinued operations | 312 | 530 | |||||
Net income | $ | 552 | $ | 3,972 | |||
Basic earnings per share weighted average shares | 7,768 | 8,080 | |||||
Net effect of dilutive stock options | 56 | 193 | |||||
Diluted earnings per share weighted average shares | 7,824 | 8,273 | |||||
Basic earnings per share: | |||||||
Continuing operations | $ | .03 | $ | .43 | |||
Discontinued operations | .04 | .06 | |||||
Net income | $ | .07 | $ | .49 | |||
Diluted earnings per share: | |||||||
Continuing operations | $ | .03 | $ | .42 | |||
Discontinued operations | .04 | .06 | |||||
Net income | $ | .07 | $ | .48 | |||