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Previous: ELITE INFORMATION GROUP INC, 10-Q, 2000-11-13 |
Next: ELITE INFORMATION GROUP INC, 10-Q, EX-27, 2000-11-13 |
<PAGE> 1
EXHIBIT 11
ELITE INFORMATION GROUP, INC.
COMPUTATION OF EARNINGS PER SHARE
(In thousands, except per share data)
(Unaudited)
<TABLE>
<CAPTION>
Three months ended Nine months ended
September 30, September 30,
2000 1999 2000 1999
-------- --------- -------- ---------
<S> <C> <C> <C> <C>
Income (loss) from continuing operations $ (150) $ 1,217 $ 393 $ 2,004
Loss from discontinued operations -- -- -- (382)
Gain on sale of discontinued operations -- -- -- 4,919
-------- --------- -------- ---------
Net income (loss) $ (150) $ 1,217 $ 393 $ 6,541
======== ========= ======== =========
Basic earnings per share:
Weighted average common shares outstanding 8,542 8,322 8,515 8,283
-------- --------- -------- ---------
Income (loss) from continuing operations $ (0.02) $ 0.15 $ 0.05 $ 0.24
Loss from discontinued operations -- -- -- (0.05)
Gain on sale of discontinued operations -- -- -- 0.59
-------- --------- -------- ---------
Net income (loss) per common share $ (0.02) $ 0.15 $ 0.05 $ 0.79
======== ========= ======== =========
Diluted earnings per share:
Weighted average common shares outstanding 8,542 8,322 8,515 8,283
Addition from assumed exercise of stock options -- 282 243 252
-------- --------- -------- ---------
Weighted average common and common equivalent
shares outstanding 8,542 8,604 8,758 8,535
======== ========= ======== =========
Income (loss) from continuing operations $ (0.02) $ 0.14 $ 0.05 $ 0.23
Loss from discontinued operations -- -- -- (0.04)
Gain on sale of discontinued operations -- -- -- 0.58
-------- --------- -------- ---------
Net income (loss) per common and common equivalent share $ (0.02) $ 0.14 $ 0.05 $ 0.77
======== ========= ======== =========
</TABLE>
13
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