EXHIBIT 11.0
COMPUTATION OF PER SHARE EARNINGS
| Three Months Ended | |||||||||
| March 31, | |||||||||
| 2000 | 1999 | ||||||||
| (In thousands, except per share data) | |||||||||
| Net income (loss) | $ | 32 | $ | (10 | ) | ||||
| Average shares outstanding | 285 | 365 | |||||||
| Per share amount | $ | 0.11 | $ | (0.03 | ) | ||||
| Net income (loss) | $ | 32 | $ | (10 | ) | ||||
| Average shares outstanding | 285 | 365 | |||||||
| Net effect of dilutive stock options based on the treasury stock method using the average market price or quarter end price, whichever is greater |
12 | 12 | |||||||
| Total shares outstanding | 297 | 377 | |||||||
| Per share amount | $ | 0.11 | $ | (0.03 | ) | ||||
14