EX-11.1 3 dex111.htm STATEMENT OF COMPUTATION Statement of Computation

EXHIBIT NO. 11.1

 

STATEMENT OF COMPUTATION OF EARNINGS PER SHARE

 

     Year Ended
December 31, 2003
     Shares
    Earnings
Per Share
     (In Thousands)

Basic Weighted Average Shares Outstanding

    5,702    $ 1.20
    
  

Diluted

            

Average Shares Outstanding

    5,702       

Common Stock Equivalents

    19       
    
      
     5,721    $ 1.19
    
  
     Year Ended
December 31, 2002

Basic Weighted Average Shares Outstanding

    5,595    $ 1.03
    
  

Diluted

            

Average Shares Outstanding

    5,595       

Common Stock Equivalents

    15       
    
      
     5,610    $ 1.03