Exhibit 11

The computation of earnings per share for the years ended December 31, 2003, 2002 and 2001 was as follows:

	2003		2002			2001
Income before change in accounting		$23,223	$	26,505		$	16,051
Cumulative effect of change in accounting		—		(1,392	)		—
Net income	$	23,223	$	25,113		$	16,051
Weighted average shares outstanding		21,683,336		20,166,933			11,606,392
Basic earnings per share:
Before cumulative effect of change in accounting	$	1.07	$	1.31		$	1.38
Cumulative effect of change in accounting		—		(0.06	)		—
After cumulative effect of change in accounting	$	1.07	$	1.25		$	1.38
Weighted average shares outstanding		21,683,336		20,166,933			11,606,392
Dilutive effect due to stock incentive plans		522,414		611,286			80,117
Diluted weighted average shares outstanding		22,205,750		20,778,219			11,686,509
Diluted earnings per share:
Before cumulative effect of change in accounting	$	1.05	$	1.28		$	1.37
Cumulative effect of change in accounting		—		(0.07	)		—
After cumulative effect of change in accounting	$	1.05	$	1.21		$	1.37

Stock options for 86,363 and 322,799 shares of common stock were not considered in computing diluted earnings per common share for 2003 and 2002 because they were antidilutive.