EX-11 3 g67923ex11.txt EARNINGS PER SHARE COMPUTATIONS 1 EXHIBIT 11 EARNINGS PER SHARE COMPUTATIONS (IN THOUSANDS EXCEPT PER SHARE DATA)
2000 1999 1998 ------- ------- ------- EARNINGS PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE: Net Income $27,153 $36,586 $29,602 ======= ======= ======= Shares: Weighted average number of common shares outstanding - Basic 26,730 26,689 26,294 Effect of dilutive securities (a): Stock options 232 330 607 ------- ------- ------- Adjusted common shares - Diluted 26,962 27,019 26,901 ======= ======= ======= EARNINGS PER SHARE - DILUTED $ 1.01 $ 1.35 $ 1.10 ======= ======= =======
(a) Shares issuable were derived using the "Treasury Stock Method" for all dilutive potential shares.