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, 2009								June 30, 2008
						Earnings								Earnings
		Shares				Per Share				Shares				Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,210			$	(0.94	)			7,198			$	0.04


Diluted
Average Shares Outstanding			7,210								7,198
Common Stock Equivalents			0								---

			7,210			$	(0.94	)			7,198			$	0.04

		Six Months Ended								Six Months Ended
		June 30, 2009								June 30, 2008
						Earnings								Earnings
		Shares				Per Share				Shares				Per Share
		(in Thousands)								(in Thousands)

Basic Weighted Average Shares Outstanding			7,206			$	(0.83	)			7,195			$	0.35


Diluted
Average Shares Outstanding			7,206								7,195
Common Stock Equivalents			0								---

			7,206			$	(0.83	)			7,195			$	0.35