EXHIBIT 11 STATEMENT RE COMPUTATION OF PER-SHARE EARNINGS (In Thousands) 1998 1997 1996 ------ ------ ------ Diluted Earnings Per Share: Weighted average shares of common stock outstanding: Balance outstanding - beginning of year 8,864 8,826 7,682 Weighted average shares issued during the year ................ 39 29 633 Weighted average shares of treasury stock acquired ............... (84) (9) (77) Incremental shares of common stock outstanding giving effect to stock options ............................... 135 -- 405 ------ ------ ------ Weighted balance - end of year ........ 8,954 8,846 8,643 ====== ====== ======