1 EXHIBIT 11.0 COMPUTATION OF PER SHARE EARNINGS SIX MONTHS ENDED JUNE 30, ------------------------------------- 1999 1998 (IN THOUSANDS, EXCEPT PER SHARE DATA) Net income............................................ $ 21 $ 118 Average shares outstanding............................ 347 398 -------- -------- Per share amount...................................... $ 0.06 $ 0.30 ======== ======== Net income............................................ $ 21 $ 118 Average shares outstanding............................ 347 398 -------- -------- Net effect of dilutive stock options based on the treasury stock method using the average market price or quarter end price, whichever is greater.... 13 -- -------- -------- Total shares outstanding................... 360 398 -------- -------- Per share amount...................................... $ 0.06 $ 0.30 ======== ======== 20