1
11. Statement re computation of per share earnings
Second Quarter Ended Six Months Ended
March 31, March 31,
1999 1998 1999 1998
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Net income in thousands $1,984 $779 $5,767 $1,875
Weighted average shares outstanding
7,504,111 7,798,498 7,664,545 7,741,379
Assumed exercise of stock options,
weighted average of incremental shares
171,723 184,398 141,219 235,518
Assumed purchase of stock under stock
purchase plan, weighted average
19,488 24,668 13,760 38,430
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Diluted shares - adjusted weighted-average
shares and assumed conversions 7,695,322 8,007,564 7,819,524 8,015,327
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Basic earning per share $ .26 $ .10 $ .75 $ .24
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Diluted earnings per share $ .26 $ .10 $ .74 $ .23
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