EXHIBIT 11.1



STATEMENT OF COMPUTATION OF EARNINGS PER SHARE



|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|----------------------------------------- |  | ------------------------------------ |  | ------------------------------------- | ---- | ------ | ------ | ------------------ | - | ----
|                                          |  | Nine Months Ended September 30, 2005 |  | Three Months Ended September 30, 2005
|                                          |  | Shares                               |  | Earnings Per Share                    |      | Shares |        | Earnings Per Share
|                                          |  | (in Thousands)                       |  | (in Thousands)                       
|Basic Weighted Average Shares Outstanding |  | 12,212                               |  | $                                     | 0.97 |        | 12,899 |                    | $ | 0.36
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|Diluted                                   |  |                                      |  |                                       |      |        |        |                    |   |     
|Average Shares Outstanding                |  | 12,212                               |  |                                       |      |        | 12,899 |                    |   |     
|Common Stock Equivalents                  |  | 336                                  |  |                                       |      |        | 319    |                    |   |     
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|                                          |  | 12,548                               |  | $                                     | 0.94 |        | 13,218 |                    | $ | 0.33
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|                                          |  |                                     
|                                          |  | Nine Months Ended September 30, 2004 |  | Three Months Ended September 30, 2004
|                                          |  | Shares                               |  | Earnings Per Share                    |      | Shares |        | Earnings Per Share
|                                          |  | (in Thousands)                       |  | (in Thousands)                       
|Basic Weighted Average Shares Outstanding |  | 10,992                               |  | $                                     | 0.81 |        | 11,634 |                    | $ | 0.28
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|Diluted                                   |  |                                      |  |                                       |      |        |        |                    |   |     
|Average Shares Outstanding                |  | 10,992                               |  |                                       |      |        | 11,634 |                    |   |     
|Common Stock Equivalents                  |  | 324                                  |  |                                       |      |        | 204    |                    |   |     
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     
|                                          |  | 11,316                               |  | $                                     | 0.78 |        | 11,838 |                    | $ | 0.27
|                                          |  |                                      |  |                                       |      |        |        |                    |   |     



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