Exhibit Index Exhibit 11 - Statements re computation of per share earnings Exhibit 11 COMPUTATION OF WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK (In Thousands) For the three months ended September 30, ------------------- 1996 1995 ---- ---- Primary and Fully Diluted Earnings Per Share: Weighted average shares of common stock outstanding: Balance - beginning of period ...................... 7,780 7,672 Weighted average shares issued ..................... 896 18 Acquisition of treasury stock ...................... (14) (3) Assumed exercise of certain stock options .......... 375 395 ------ ------ Weighted shares - end of period .................... 9,037 8,082 ====== ====== Exhibit 11 COMPUTATION OF WEIGHTED AVERAGE NUMBER OF SHARES OF COMMON STOCK (In Thousands) For the nine months ended September 30, ------------------- 1996 1995 ------- ------- Primary and Fully Diluted Earnings Per Share: Weighted average shares of common stock outstanding: Balance - beginning of period ...................... 7,682 7,656 Weighted average shares issued ..................... 419 41 Acquisition of treasury stock ...................... (57) (14) Assumed exercise of certain stock options .......... 435 414 ------ ------ Weighted shares - end of period .................... 8,479 8,097 ====== ======