EX-11 4 x1162001.txt EXHIBIT 11 FOR 6/30/2001 FORM 10-Q
EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (Dollars and Shares in thousands, except per share data) June 30, 2001 June 30, 2000 ------------- ------------- BASIC EARNINGS PER SHARE: Weighted average shares outstanding 14,343 14,231 ============= ============= Income from continuing operations $ 294 $ 1,298 Loss from discontinued operations - (462) ------------- ------------- Net income $ 294 $ 836 ============= ============= Income per share from continuing operations $ 0.02 $ 0.09 Income (loss) per share from discontinued - (0.03) ------------- ------------- Net income per share $ 0.02 $ 0.06 ============= ============= DILUTED EARNINGS PER SHARE: Basic weighted average shares outstanding 14,343 14,231 Convertible notes - - Dilutive stock options - based on treasury stock method using the average market price 15 28 ------------- ------------- Total shares 14,358 14,259 ============= ============= Income from continuing operations $ 294 $ 1,298 Loss from discontinued operations - (462) ------------- ------------- Net income $ 294 $ 836 ============= ============= Income per share from continuing operations $ 0.02 $ 0.09 Loss per share from discontinued operations - (0.03) ------------- ------------- Net income per share $ 0.02 $ 0.06 ============= =============