ex11_1.htm

EX-11.1 2 ex11_1.htm EXHIBIT 11.1 ex11_1.htm

EXHIBIT 11.1

STATEMENT OF COMPUTATION OF EARNINGS PER SHARE

		Three Months Ended								Three Months Ended
		September 30, 2007								September 30, 2006
		Shares				Earnings Per Share				Shares				Earnings Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,194			$	0.36				7,182			$	0.36

Diluted
Average Shares Outstanding			7,194								7,182
Common Stock Equivalents			8								0

			7,202			$	0.36				7,182			$	0.36

		Nine Months Ended								Nine Months Ended
		September 30, 2007								September 30, 2006
		Shares				Earnings Per Share				Shares				Earnings Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,188			$	1.08				7,176			$	1.05

Diluted
Average Shares Outstanding			7,188								7,176
Common Stock Equivalents			10								1

			7,198			$	1.08				7,177			$	1.05