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

EXHIBIT  11.1

STATEMENT AND COMPUTATION OF EARNINGS PER SHARE
   
Three Months Ended
   
Three Months Ended
 
   
March 31, 2009
   
March 31, 2008
 
                         
         
Earnings
         
Earnings
 
   
Shares
   
Per Share
   
Shares
   
Per Share
 
   
(in Thousands)
   
(in Thousands)
 
                         
Basic Weighted Average Shares Outstanding
    7,203     $ 0.11       7,192     $ 0.31  
                                 
                                 
Diluted
                               
Average Shares Outstanding
    7,203               7,192          
Common Stock Equivalents
    0               0          
      7,203     $ 0.11       7,192     $ 0.31