EX-11 5 0005.txt COMPUTATION OF EARNINGS
COMPUTATION OF EARNINGS (LOSS) PER SHARE (AMOUNTS IN THOUSANDS, EXCEPT PER SHARE DATA) YEAR ENDED JUNE 30, 2000 1999 1998 -------------------- -------------------- -------------------- 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.