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Previous: ELITE INFORMATION GROUP INC, 10-Q, EX-10.4, 2000-08-14 |
Next: ELITE INFORMATION GROUP INC, 10-Q, EX-27, 2000-08-14 |
<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 Six months ended
--------------------- ----------------------
June 30, June 30, June 30, June 30,
2000 1999 2000 1999
--------- ---------- ---------- ---------
<S> <C> <C> <C> <C>
Income from continuing operations $ 106 $ 720 $ 543 $ 787
Loss from discontinued operations -- (333) -- (382)
Gain on sale of discontinued operations -- 4,919 -- 4,919
--------- --------- --------- ---------
Net income $ 106 $ 5,306 $ 543 $ 5,324
========= ========= ========= =========
Basic earnings per share:
Weighted average common shares outstanding 8,536 8,289 8,502 8,263
========= ========= ========= =========
Income from continuing operations $ 0.01 $ 0.09 $ 0.06 $ 0.10
Loss from discontinued operations -- (0.04) -- (0.05)
Gain on sale of discontinued operations -- 0.59 -- 0.60
--------- --------- --------- ---------
Net income per common share $ 0.01 $ 0.64 $ 0.06 $ 0.64
========= ========= ========= =========
Diluted earnings per share:
Weighted average common shares outstanding 8,536 8,289 8,502 8,263
Addition from assumed exercise of stock options 176 306 267 233
--------- --------- --------- ---------
Weighted average common and common equivalent
shares outstanding 8,712 8,595 8,769 8,496
========= ========= ========= =========
Income from continuing operations $ 0.01 $ 0.08 $ 0.06 $ 0.09
Loss from discontinued operations -- (0.04) -- (0.04)
Gain on sale of discontinued operations -- 0.57 -- 0.58
--------- --------- --------- ---------
Net income per common and common equivalent share $ 0.01 $ 0.62 $ 0.06 $ 0.63
========= ========= ========= =========
</TABLE>
14
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