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EXHIBIT 11.1 -- STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
(in thousands, except share and per share amounts)
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FISCAL YEAR
ENDED
SEPTEMBER 30,
2000
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COMPUTATION OF BASIC EARNINGS PER SHARE:
Weighted average shares outstanding......................... 5,513,934
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Net income.................................................. $ 984
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Basic earnings per share.................................... $ 0.18
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COMPUTATION OF DILUTED EARNINGS PER SHARE:
Weighted average shares outstanding......................... 5,513,934
Dilutive impact of stock options, as determined by the
application of the treasury stock method.................. 96,548
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Weighted average shares and common stock equivalents........ 5,610,482
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Net income.................................................. $ 984
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Diluted earnings per share.................................. $ 0.18
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