Exhibit
11





STATEMENT
RE:  COMPUTATION OF PER SHARE EARNINGS




Three
      Months Ended
                        
                        
                        Twelve
      Months EndedOctober
      31,
                        
                        
                        October
      31,2008
                        
                        
                        2007
                        
                        
                        2008
                        
                        
                        2007(in
      thousands, except per share amount)Basic
                        
                        
                        Diluted
                        
                        
                        Basic
                        
                        
                        Diluted
                        
                        
                        Basic
                        
                        
                        Diluted
                        
                        
                        Basic
                        
                        
                        DilutedNet
      income
                        
                        $
                        3,422
                        
                        
                        $
                        5,648
                        
                        
                        $
                        5,648
                        
                        
                        $
                        5,648
                        
                        
                        $
                        20,520
                        
                        
                        $
                        20,520
                        
                        
                        $
                        20,889
                        
                        
                        $
                        20,889Weighted
      average shares outstanding
                        
                        
                        6,415
                        
                        
                        
                        6,415
                        
                        
                        
                        6,382
                        
                        
                        
                        6,382
                        
                        
                        
                        6,415
                        
                        
                        
                        6,415
                        
                        
                        
                        6,382
                        
                        
                        
                        6,382Assumed
      issuances under stock options plans
                        
                        
                        --
                        
                        
                        
                        21
                        
                        
                        
                        --
                        
                        
                        
                        63
                        
                        
                        
                        --
                        
                        
                        
                        29
                        
                        
                        
                        --
                        
                        
                        
                        586,415
                        
                        
                        
                        6,436
                        
                        
                        
                        6,382
                        
                        
                        
                        6,445
                        
                        
                        
                        6,415
                        
                        
                        
                        6,444
                        
                        
                        
                        6,382
                        
                        
                        
                        6,440Income
      per common share
                        
                        $
                        .53
                        
                        
                        $
                        .53
                        
                        
                        $
                        .88
                        
                        
                        $
                        .88
                        
                        
                        $
                        3.51
                        
                        
                        $
                        3.49
                        
                        
                        $
                        3.27
                        
                        
                        $
                        3.24