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EXHIBIT 11.1 COMPUTATION OF PER SHARE EARNINGS
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FOR THE THREE MONTHS ENDED
SEPTEMBER 30,
2000 1999
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(UNAUDITED)
<S> <C> <C>
Weighted average common stock ............... 8,266,553 8,224,014
Weighted average common stock equivalents ... 120,842 180,506
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Weighted average common stock and equivalents 8,387,395 8,404,520
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Net income .................................. $1,409,839 $ 142,668
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Net income per share - Basic ................ $ 0.17 $ 0.02
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Net income per share - Diluted .............. $ 0.17 $ 0.02
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