EX-11.1 2 ex11_1.htm EXHIBIT 11.1 Unassociated Document

EXHIBIT  11.1

STATEMENT AND COMPUTATION OF EARNINGS PER SHARE

   
Three Months Ended
   
Three Months Ended
 
   
March 31, 2008
   
March 31, 2007
 
                         
         
Earnings
         
Earnings
 
   
Shares
   
Per Share
   
Shares
   
Per Share
 
   
(in Thousands)
   
(in Thousands)
 
                         
Basic Weighted Average
                       
Shares Outstanding
    7,192     $ 0.31       7,182     $ 0.34  
                                 
                                 
Diluted
                               
Average Shares Outstanding
    7,192               7,182          
Common Stock Equivalents
    0               13          
      7,192     $ 0.31       7,195     $ 0.34