EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
(in thousands, except for per share data) |
|||||||
Six Months Ended June 28 |
|||||||
2003 |
2002 |
||||||
Income from continuing operations |
$ |
520 |
$ |
2,433 |
|||
Discontinued operations |
327 |
258 |
|||||
Net income |
$ |
847 |
$ |
2,691 |
|||
Basic earnings per share weighted average shares |
7,784 |
8,112 |
|||||
Net effect of dilutive stock options |
63 |
215 |
|||||
Diluted earnings per share weighted average shares |
7,847 |
8,327 |
|||||
Basic earnings per share: | |||||||
Continuing operations |
$ |
.07 |
$ |
.30 |
|||
Discontinued operations |
.04 |
.03 |
|||||
Net income |
$ |
.11 |
$ |
.33 |
|||
Diluted earnings per share: | |||||||
Continuing operations |
$ |
.07 |
$ |
.29 |
|||
Discontinued operations |
.04 |
.03 |
|||||
Net income |
$ |
.11 |
$ |
.32 |
|||