Exhibit 11.1
Computation of Earnings Per Share
(Unaudited)
Basic Earnings Per Share
Three Months Ended
March 31,
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1999 1998
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Total weighted average shares outstanding - basic 26,395,692 26,694,872
Net income $ 2,793,748 $ 1,405,916
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Basic net income per share $ .11 $ .05
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Exhibit 11.2
Computation of Earnings Per Share
(Unaudited)
Diluted Earnings Per Share
Three Months Ended
March 31,
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1999 1998
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Total weighted average shares outstanding - basic 26,395,692 26,694,872
Plus incremental sahres from assumed convesions of stock options 1,017,398 --
Number of shares for computation of diluted net income per share $27,413,090 $26,694,872
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Diluted net income per share $ .10 $ .05
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