<PAGE>
(EXHIBIT 11)
CONCORDE CAREER COLLEGES, INC.
COMPUTATION OF PER SHARE EARNINGS
FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
AND FOR THE THREE MONTHS ENDED SEPTEMBER 30, 2000 AND 1999
<TABLE>
<CAPTION>
Basic EPS Diluted EPS
Nine Months Nine Months
Ended September 30, Ended September 30,
------------------------- -------------------------
<S> <C> <C> <C> <C>
2000 1999 2000 1999
---- ---- ---- ----
Weighted average shares outstanding.............................. 7,949,000 7,784,000 7,949,000 7,784,000
Loss before cumulative effect of change in accounting
principle........................................................ $ (116,000) $ (409,000) $ (116,000) $ (409,000)
Class B preferred stock accretion................................ (141,000) (120,000) (141,000) (120,000)
---------- ---------- ----------- -----------
Loss available to common shareholders before cumulative effect
of change in accounting principle................................ (257,000) (529,000) (257,000) (529,000)
Cumulative effect of change in accounting principle, net of tax.. (86,000) (86,000)
---------- ---------- ----------- -----------
Loss available to common shareholders............................ $ (343,000) $ (529,000) $ (343,000) $ (529,000)
========== ========== =========== ===========
Loss per share before cumulative effect of change in accounting
principle........................................................ $ (.03) $ (.07) $ (.03) $ (.07)
Cumulative effect of change in accounting principle, net of tax.. (.01) (.01)
---------- ---------- ----------- -----------
Net loss per share............................................... $ (.04) $ (.07) $ (.04) $ (.07)
========== ========== =========== ===========
</TABLE>
<TABLE>
<CAPTION>
Three Months Three Months
Ended September 30, Ended September 30,
------------------------ --------------------------
2000 1999 2000 1999
---- ---- ---- ----
<S> <C> <C> <C> <C>
Weighted average shares outstanding.............................. 7,965,000 7,867,000 7,965,000 7,867,000
Options.......................................................... 126,000 224,000
Debt/NonDetachable Warrants...................................... 2,574,000 2,574,000
---------- ---------- ----------- -----------
Adjusted Weighted Average Shares................................. 7,965,000 7,867,000 10,665,000 10,665,000
---------- ---------- ----------- -----------
Net Income....................................................... 176,000 136,000 176,000 136,000
Class B Preferred Dividends-Imputed.............................. (50,000) (41,000) (50,000) (41,000)
Interest on Convertible Debt, net of tax......................... 27,000 27,000
---------- ---------- ----------- -----------
Income available to common shareholders.......................... $ 126,000 $ 95,000 $ 153,000 $ 122,000
========== ========== =========== ===========
Net income per share............................................. $ 0.02 $ 0.01 $ 0.01 $ 0.01
========== ========== =========== ===========
</TABLE>
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