EX-11 4 g71036ex11.txt EARNINGS PER SHARE COMPUTATIONS 1 EXHIBIT 11 EARNINGS PER SHARE COMPUTATIONS (IN THOUSANDS EXCEPT PER SHARE DATA)
THREE MONTH PERIOD SIX MONTH PERIOD ENDED JUNE 30, ENDED JUNE 30, -------------------------- -------------------------- 2001 2000 2001 2000 -------- -------- -------- -------- EARNINGS PER COMMON AND DILUTIVE POTENTIAL COMMON SHARE: Net Income $ 8,713 $ 5,840 $ 17,338 $ 11,195 ======== ======== ======== ======== Shares: Weighted average number of common shares outstanding - Basic 26,807 26,615 26,816 26,705 Effect of dilutive securities (a): Stock options 62 344 60 322 -------- -------- -------- -------- Adjusted common shares - Diluted 26,869 26,959 26,876 27,027 ======== ======== ======== ======== EARNINGS PER SHARE - DILUTED $ 0.32 $ 0.22 $ 0.65 $ 0.41 ======== ======== ======== ========
(a) Shares issuable were derived using the "Treasury Stock Method" for all dilutive potential shares.