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

EXHIBIT 11.1

STATEMENT AND COMPUTATION OF EARNINGS PER SHARE

 

     Three Months Ended
March 31, 2006
          Earnings
     Shares    Per Share
     (in Thousands)
Basic Weighted Average Shares Outstanding    7,170      $0.32
           

Diluted

      

Average Shares Outstanding

    7,170   

Common Stock Equivalents

    3   
       
   7,173    $ 0.32
           
     Three Months
Ended March 31, 2005
     Shares    Earnings
Per Share
     (in Thousands)

Basic Weighted Average Shares Outstanding

    7,144    $ 0.30
           

Diluted

      

Average Shares Outstanding

    7,144   

Common Stock Equivalents

    21   
       
   7,165    $ 0.30