EX-11 2 ex11.txt EXHIBIT 11 1 11. Statement re computation of per share earnings
Third Quarter Ended Nine Months Ended June 30, June 30, 2000 1999 2000 1999 ----------- ----------- ----------- ----------- Net income in thousands $ 5,783 $ 4,612 $ 14,119 $ 10,379 Weighted average shares outstanding 14,834,479 14,628,174 14,487,438 15,087,774 Assumed exercise of stock options, weighted average of incremental shares 1,290,676 372,448 1,405,326 330,624 Assumed purchase of stock under stock purchase plan, weighted average 88,498 4,564 70,602 -- ----------- ----------- ----------- ----------- Diluted shares - adjusted weighted-average shares and assumed conversions 16,213,650 15,005,186 15,963,366 15,418,398 =========== =========== =========== =========== Basic earning per share $ 0.39 $ 0.32 $ 0.97 $ 0.69 =========== =========== =========== =========== Diluted earnings per share $ 0.36 $ 0.31 $ 0.88 $ 0.67 =========== =========== =========== ===========