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EXHIBIT 11 - STATEMENT RE COMPUTATION OF EARNINGS PER SHARE
(In thousands, except earnings per share amounts)
Quarter ended September 30, Nine months ended September 30,
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1998 1997 1998 1997
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Net income $ 2,531 $ 1,272 $ 6,713 $ 3,587
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Weighted average shares outstanding:
Basic 107,088 71,757 98,199 71,517
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Diluted 108,673 72,329 99,421 71,908
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Earnings per common share - Basic $ 23.63 $ 17.73 $ 68.36 $ 50.16
Effect of stock options (0.34) (0.14) (0.84) (0.27)
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Earnings per common share - Diluted $ 23.29 $ 17.59 $ 67.52 $ 49.88
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