Exhibit 11.1 Weighted Average Shares
for the period months ended
June 30, 2000
Shares issued Three months Six months
------------- ------------ ----------
Shares outstanding at beginning of period 1,759,416 1,759,416 1,759,416
January 1, 2000 Issuance of shares for executive compensation 3,077 3,077 3,060
January 28, 2000 Release of holdback shares 5,175 5,175 4,378
March 5, 1999 Release of holdback shares 1,164 1,164 735
March 7, 1998 Release of holdback shares 8,194 8,194 5,268
March 22, 1999 Release of holdback shares 2,797 2,797 1,537
May 5, 2000 Repurchase of fractional shares (41) (16) (28)
May 15, 2000 Issuance of earnout shares 127,868 63,231 31,616
June 20, 2000 Release of holdback shares 84 9 5
----------- ---------- ----------
Weighted average shares outstanding for basic earnings per share 1,907,734 1,843,048 1,805,987
Options outstanding at June 30, 2000: 223,895 shares; Total
Exercise proceeds: $15,507 : Average price of option $69.26 -- -- --
Warrants outstanding at June 30, 2000: 11,795
shares; Exercise price: $122.78 -- -- --
4,859 Shares held in escrow related to acquisitions -- -- --
----------- ---------- ----------
1,907,734 1,843,048 1,805,987
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All share amounts have been adjusted to give effect to the May 4, 2000 one
for ten reverse stock split.