<TABLE>
<CAPTION>
Three months ended
June 30,
-----------------------
2000 1999
---------- ----------
<S> <C> <C>
Net income as reported . . . . . . . . . $ 431,000 $1,016,000
========== ==========
BASIC:
Weighted average number of
common shares outstanding. . . . . 5,070,167 4,800,405
========== ==========
Basic net income per share . . . . . . $0.09 $0.21
========== ==========
DILUTED:
Common and common equivalent shares
outstanding:
Weighted average number of
common shares outstanding. . . . . 5,070,167 4,800,405
Common stock equivalents from
options computed on the
treasury-stock method using
the average fair market
value of common stock
outstanding during the
period . . . . . . . . . . . . . . 221,630 219,530
---------- ----------
Shares used in the
computation. . . . . . . . . . . . 5,291,797 5,019,935
========== ==========
Diluted net income per share . . . . . $0.08 $0.20
========== ==========
</TABLE>
All number of shares data has been retroactively restated to reflect a 3-for-2
stock split distributed September 23, 1999.
