EX-11 3 l89591aex11.htm EXHIBIT 11 Exhibit 11

Exhibit 11

11. Statement re computation of per share earnings

                                 
Third Quarter Ended Nine Months Ended
June 30, June 30,


2001 2000 2001 2000




Net income in thousands $ 4,086 $ 5,783 $ 16,099 $ 14,119
Weighted average shares outstanding 15,784,010 14,834,479 15,723,915 14,487,438
Assumed exercise of stock options, weighted average of incremental shares 640,824 1,290,676 756,821 1,405,326
Assumed purchase of stock under stock purchase plan, weighted average 23,638 88,498 51,045 70,602




Diluted shares – adjusted weighted-average shares and assumed conversions 16,448,472 16,213,650 16,531,781 15,963,366




Basic earning per share $ 0.26 $ 0.39 $ 1.02 $ 0.97




Diluted earnings per share $ 0.25 $ 0.36 $ 0.97 $ 0.88




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