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EXHIBIT 11.1
COMPUTATION OF BASIC EARNINGS PER SHARE
(in thousands, except per share data)
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Three Months Ended Nine Months Ended
June 30 June 30
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2000 1999 2000 1999
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<S> <C> <C> <C> <C>
Weighted average number of
shares outstanding 16,358 16,895 16,563 16,743
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Net income $(23,571) $11,570 $(29,837) $22,998
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Basic earnings per share $ (1.44) $ 0.68 $ (1.80) $ 1.37
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