|
|
|
|
|
|
|
|
|
<PAGE> 1
EXHIBIT 11.1
STATEMENT RE: COMPUTATION OF EARNINGS PER SHARE
USA TRUCK, INC.
<TABLE>
<CAPTION>
Three Months Ended Six Months Ended
June 30, June 30,
---------------------------- ----------------------------
2000 1999 2000 1999
---------- ---------- ---------- ----------
<S> <C> <C> <C> <C>
Numerator:
Net income and comprehensive income ......... $1,180,067 $2,434,803 $ 785,682 $4,758,920
========== ========== ========== ==========
Denominator:
Denominator for basic earnings per
share - weighted average shares ............. 9,297,761 9,373,109 9,292,823 9,384,410
Effect of dilutive securities:-
Employee stock options ...................... 4,433 37,366 4,433 38,881
---------- ---------- ---------- ----------
Denominator for diluted earnings per
share - adjusted weighted average
shares and assumed conversions .............. 9,302,194 9,410,475 9,297,256 9,423,291
========== ========== ========== ==========
Basic earnings per share .................... $ 0.13 $ 0.26 $ 0.08 $ 0.51
========== ========== ========== ==========
Diluted earnings per share .................. $ 0.13 $ 0.26 $ 0.08 $ 0.51
========== ========== ========== ==========
</TABLE>
|
|