1 EXHIBIT 11.1 COMPUTATION OF EARNINGS PER COMMON SHARE 1998 1997 1996 ------- ------- ------- Net (loss) income $(6,334) $ (399) $ 122 ======= ======= ======= Weighted average common shares - basic 6,178 6,122 6,041 Dilutive options -- 50 3 ------- ------- ------- Adjusted weighted average common shares and assumed conversions - diluted 6,178 6,172 6,044 ======= ======= ======= Net (loss) income per share - basic $ (1.03) $ (0.07) $ 0.02 ======= ======= ======= Net (loss) income per share - diluted $ (1.03) $ (0.06) $ 0.02 ======= ======= ======= 70