EX-11 2 x11dec00.txt EXHIBIT 11 FOR 12/31/2000 10-Q EXHIBIT 11 STATEMENT RE-COMPUTATION OF PER SHARE EARNINGS (Dollars in thousands, except per share data)
Nine Months Ended Three Months Ended December 30, December 30, 2000 1999 2000 1999 ___________ __________ ___________ ___________ (Unaudited) (Unaudited) (Unaudited) (Unaudited) BASIC EARNINGS PER SHARE: Weighted average shares outstanding 14,284 14,245 14,343 14,225 ========= ========= ========= ========= Income from continuing operations $ 5,212 $ 8,484 $ 498 $ 2,675 Income (loss) from discontinued operations $(6,542) $ (37) $(5,654) $ 139 --------- ---------- --------- --------- Net income (loss) $(1,330) $ 8,447 $(5,156) $ 2,814 ========= ========= ========= ========= Income per share from continuing operations $ 0.36 $ 0.60 $ 0.03 $ 0.19 Income (loss) per share from discontinued operations $ (0.45) $ (0.01) $ (0.39) $ 0.01 --------- --------- --------- --------- Net income (loss) per share $ (0.09) $ 0.59 $ (0.36) $ 0.20 ========= ========= ========= ========= DILUTED EARNINGS PER SHARE: Weighted average shares outstanding 14,284 14,245 14,343 14,225 Dilutive effect of common stock options 19 5 - 2 --------- --------- --------- --------- Total shares 14,303 14,250 14,343 14,227 ========= ========= ========= ========= Income from continuing operations $ 5,212 $ 8,484 $ 498 $ 2,675 Income (loss) from discontinued operations $(6,542) $ (37) $(5,654) $ 139 --------- --------- --------- --------- Net income (loss) $(1,330) $ 8,447 $(5,156) $ 2,814 ========= ========= ========= ========= Income per share from continuing operations $ 0.36 $ 0.60 $ 0.03 $ 0.19 Income (loss) per share from discontinued operations $ (0.45) $ (0.01) $ (0.39) $ 0.01 --------- ---------- --------- --------- Net income (loss) per share $ (0.09) $ 0.59 $ (0.36) $ 0.20 ========= ========= ========= =========