EX-11 7 x11092001.txt EXHIBIT 11 FOR 10-Q FOR QUARTER ENDED 9/30/01 EXHIBIT 11 STATEMENT RE COMPUTATION OF PER SHARE EARNINGS (Dollars and Shares in thousands, except per share data)
September 30, 2001 September 30, 2000 ------------------ ------------------ BASIC EARNINGS PER SHARE: Weighted average shares outstanding 14,343 14,255 ================== ================== Income from continuing operations $ 3,834 $ 4,981 Loss from discontinued operations (55,906) (1,163) ------------------ ------------------ Net income (loss) $ (52,072) $ 3,818 ================== ================== Income per share from continuing operations $ 0.27 $ 0.35 Income (loss) per share from discontinued operations $ (3.90) $ (0.08) ------------------ ------------------ Net income (loss) per share $ (3.63) $ 0.27 ================== ================== DILUTED EARNINGS PER SHARE: Basic weighted average shares outstanding 14,343 14,255 Convertible notes - - Dilutive stock options - based on treasury stock method using the average market price 30 34 ------------------ ------------------ Total shares 14,373 14,289 ================== ================== Income from continuing operations $ 3,834 $ 4,981 Loss from discontinued operations (55,906) (1,163) ------------------ ------------------ Net income (loss) $ (52,072) $ 3,818 ================== ================== Income per share from continuing operations $ 0.27 $ 0.35 Loss per share from discontinued operations $ (3.89) $ (0.08) ------------------ ------------------ Net income (loss) per share $ (3.62) $ 0.27 ================== ==================
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