EXHIBIT 11.0
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Months Ended
September 30,
1999 1998
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(In thousands, except
per share amount)
Net Income...................................................................... $ 5,382 $ 4,771
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Weighted average common shares outstanding...................................... 8,235 9,001
Basic earnings per common share................................................. $ 0.65 $ 0.53
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Weighted average common shares outstanding...................................... 8,235 9,001
Potential common stock due to dilutive
effect of stock options..................................................... 460 499
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Total shares for diluted earnings per share..................................... 8,695 9,500
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Diluted earnings per common share .............................................. $ 0.62 $ 0.50
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