COMPUTATION OF EARNINGS (LOSS) PER SHARE
(AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA)
YEAR ENDED JUNE 30,
2000 1999 1998
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AVERAGE COMMON SHARES OUTSTANDING 1,520 1,514 1,581
AVERAGE COMMON AND COMMON
EQUIVALENT SHARES OUTSTANDING 1,548 1,549 1,600
NET LOSS FROM CONTINUING OPERATIONS
APPLICABLE TO COMMON STOCK $(473) $(759) $(573)
EARNINGS PER COMMON SHARE FROM
CONTINUING OPERATIONS:
Basic $ (0.31) $ (0.50) $ (0.36)
Diluted (1) $ (0.31) $ (0.50) $ (0.36)
NET EARNINGS (LOSS) FROM DISCONTINUED
OPERATIONS APPLICABLE TO COMMON STOCK $ 3,813 $ (2,170) $ 1,472
EARNINGS PER COMMON SHARE FROM
DISCONTINUED OPERATIONS:
Basic $ 2.09 $ (1.43) $ 0.93
Diluted (2) $ 2.06 $ (1.43) $ 0.92
NET EARNINGS (LOSS) APPLICABLE TO
COMMON STOCK $ 2,710 $ (2,929) $ 899
TOTAL EARNING PER COMMON SHARE:
Basic $ 1.78 $ (1.93) $ 0.57
Diluted (2) $ 1.75 $ (1.93) $ 0.56
(1) The effect of potentially dilutive stock options and warrants has not been
computed for any period presented because the effect would be anti-dilutive.
(2) The effect of potentially dilutive stock options and warrants has not been
computed for 1999 because the effect would be anti-dilutive.