EXHIBIT 11.1
COMPUTATION OF EARNINGS PER SHARE
(AMOUNTS IN THOUSANDS EXCEPT PER SHARE DATA)
Six Months Ended
June 30,
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1996 1995
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Weighted average shares outstanding:
Common stock 13,698 13,186
Common stock equivalents 1,303 1,285
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Weighted average common shares and equivalents 15,001 14,471
Net income $5,381 $4,023
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Net income per share (1) $0.36 $0.28
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(1) There is no difference between primary and fully diluted net income per
share.
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