EX-11 4 l87947aex11.txt EXHIBIT 11 1 11. Statement re computation of per share earnings
Second Quarter Ended Six Months Ended March 31, March 31, 2001 2000 2001 2000 -------------- -------------- -------------- -------------- Net income in thousands $ 5,112 $ 4,826 $ 12,013 $ 8,336 Weighted average shares outstanding 15,812,575 14,345,858 15,700,595 14,292,086 Assumed exercise of stock options, weighted average of incremental shares 707,713 1,418,544 790,396 1,337,976 Assumed purchase of stock under stock purchase plan, weighted average 79,196 66,814 88,590 47,388 -------------- -------------- -------------- -------------- Diluted shares - adjusted weighted-average shares and assumed conversions 16,599,484 15,831,216 16,579,581 15,677,450 ============== ============== ============== ============== Basic earning per share $ .32 $ .33 $ .77 $ .58 ============== ============== ============== ============== Diluted earnings per share $ .31 $ .30 $ .72 $ .53 ============== ============== ============== ==============