Exhibit 11

STATEMENT OF COMPUTATION OF PER SHARE EARNINGS

The following computations set forth the calculation of basic and diluted net income per common share and common shares equivalents for the years ended December 31, 2005, 2004, and 2003:

 

     Years Ended December 31,
     2005    2004    2003

Net income

   $ 99,033,753    $ 89,444,959    $ 78,468,948
                    

Weighted average number of common shares outstanding

     80,141,068      79,984,651      79,808,669
                    

Net income per common share - Basic

   $ 1.24    $ 1.12    $ 0.98
                    
     Years Ended December 31,
     2005    2004    2003

Net income

   $ 99,033,753    $ 89,444,959    $ 78,468,948
                    

Weighted average number of common shares outstanding

     80,141,068      79,984,651      79,808,669

Common share equivalents resulting from:

        

Dilutive stock options and restricted stock awards

     571,855      504,851      581,332
                    

Adjusted weighted average number of common and common equivalent shares outstanding

     80,712,923      80,489,502      80,390,001
                    

Net income per common share - Diluted

   $ 1.23    $ 1.11    $ 0.98