EX-11.2 4 w50863ex11-2.htm COMPUTATION OF EARNINGS PER SHARE-DILUTED ex11-2

Exhibit 11 (continued)

Computation of Earnings Per Share
Unaudited

Diluted Earnings Per Share

                                   
Three Months Ended Six Months Ended
June 30, June 30,
1999 1998 1999 1998




(Restated) (Restated)
Weighted average shares outstanding – basic 26,437,347 26,592,383 26,418,217 26,643,344
Plus incremental shares from assumed conversions 877,382 862,217




Number of shares for computation of diluted 27,314,729 26,592,383 27,280,434 26,643,344
net income per share
Net income $ 1,905,962 $ 3,019,143 $ 4,699,710 $ 4,425,059




Diluted net income per share $ 0.07 $ 0.11 $ 0.17 $ 0.17




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