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, 2007
   Three Months Ended
March 31, 2006
     Shares    Earnings
Per Share
   Shares    Earnings
Per Share
     (in Thousands)    (in Thousands)

Basic Weighted Average Shares Outstanding

   7,182    $ 0.34    7,170    $ 0.32
                       

Diluted

           

Average Shares Outstanding

   7,182       7,170   

Common Stock Equivalents

   13       3   
               
   7,195    $ 0.34    7,173    $ 0.32