EXHIBIT 11
COMPUTATION OF PER SHARE EARNINGS
(in thousands, except for per share data) |
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Nine Months Ended September 27 |
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2003 |
2002 |
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Income from continuing operations |
$ |
240 |
$ |
3,442 |
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Discontinued operations |
312 |
530 |
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Net income |
$ |
552 |
$ |
3,972 |
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Basic earnings per share weighted average shares |
7,768 |
8,080 |
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Net effect of dilutive stock options |
56 |
193 |
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Diluted earnings per share weighted average shares |
7,824 |
8,273 |
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Basic earnings per share: |
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Continuing operations |
$ |
.03 |
$ |
.43 |
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Discontinued operations |
.04 |
.06 |
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Net income |
$ |
.07 |
$ |
.49 |
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Diluted earnings per share: |
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Continuing operations |
$ |
.03 |
$ |
.42 |
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Discontinued operations |
.04 |
.06 |
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Net income |
$ |
.07 |
$ |
.48 |
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