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
		June 30, 2008								June 30, 2007
		Shares				Earnings Per Share				Shares				Earnings Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,198			$	0.04				7,188			$	0.38


Diluted
Average Shares Outstanding			7,198								7,188
Common Stock Equivalents			---								10

			7,198			$	0.04				7,198			$	0.38

		Six Months Ended								Six Months Ended
		June 30, 2008								June 30, 2007
		Shares				Earnings Per Share				Shares				Earnings Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,195			$	0.35				7,185			$	0.72


Diluted
Average Shares Outstanding			7,195								7,185
Common Stock Equivalents			---								11

			7,195			$	0.35				7,196			$	0.72