EXHIBIT 11.0
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Months ended
September 30,
1998 1997
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(In thousands, except
per share amount)
Net Income................................................................. $ 4,771 $ 4,741
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Weighted average common shares outstanding................................. 9,001 8,225
Basic earnings per common share............................................ $ 0.53 $ 0.58
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Weighted average common shares outstanding................................. 9,001 8,225
Potential common stock due to dilutive
effect of stock options................................................ 499 603
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Total shares for diluted earnings per share................................ 9,500 8,828
Diluted earnings per common share ......................................... $0.50 $0.54
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