1 EXHIBIT 11.0 COMPUTATION OF PER SHARE EARNINGS THREE MONTHS ENDED MARCH 31, --------------------------------------- 1999 1998 ----------------- ----------------- (IN THOUSANDS, EXCEPT PER SHARE DATA) Net income................................................................. $ (10) $ 65 ---------- --------- Average shares outstanding................................................. 365 398 --------- --------- Per share amount........................................................... $ (0.03) $ 0.16 ========= ========= Net income................................................................. $ (10) $ 65 --------- --------- Average shares outstanding................................................. 365 398 Net effect of dilutive stock options based on the treasury stock method using the average market price or quarter end price, whichever is greater.................................................. 12 -- --------- --------- Total shares outstanding......................................... 377 398 --------- --------- Per share amount........................................................... $ (0.03) $ 0.16 ========= ========= 17