EX-11.1 2 dex111.htm STATEMENT OF COMPUTATION OF PER SHARE EARNINGS Statement of Computation of Per Share Earnings

EXHIBIT NO. 11.1

 

STATEMENT OF COMPUTATION OF EARNINGS PER SHARE

 

     Year Ended
December 31, 2004
     Shares
    Earnings
Per Share
     (In Thousands)

Basic Weighted Average Shares Outstanding

    5,705    $ 1.41
    
  

Diluted

            

Average Shares Outstanding

    5,705       

Common Stock Equivalents

    21       
    
      
     5,726    $ 1.41
    
  
     Year Ended
December 31, 2003

Basic Weighted Average Shares Outstanding

    5,702    $ 1.20
    
  

Diluted

            

Average Shares Outstanding

    5,702       

Common Stock Equivalents

    19       
    
      
     5,721    $ 1.19