1 EXHIBIT 11.3 - COMPUTATION OF PRO FORMA PER SHARE EARNINGS For the Year Ended September 30, 1997 (IN THOUSANDS, EXCEPT PER SHARE DATA) Basic: Basic weighted average shares outstanding ..................... 4,285 Stock issued to satisfy S corporation distribution in excess of preceding twelve months earnings based on the initial public offering price per share...................................... 377 ------ Pro forma total basic weighted average shares outstanding...... 4,682 ====== Pro forma net income........................................... $915 ====== Pro forma net income per share - basic......................... $0.20 ====== Diluted: Pro forma total basic weighted average shares outstanding...... 4,682 Plus dilutive stock options.................................... 85 ------ Pro forma total diluted average shares......................... 4,767 ====== Pro forma net income per share - diluted....................... $0.19 ======