Exhibit 11

Elite Information Group, Inc.
Computation of Earnings per Share
(In thousands, except per share data)
(Unaudited)

			Three months ended					Nine months ended
			September 30,					September 30,
			2001		2000			2001		2000
Net income (loss)			$	1,933	$	(150	)	$	2,919	$	393
Basic earnings per share:
	Weighted average common shares outstanding			8,067		8,542			8,062		8,515
	Net income (loss) per share		$	0.24	$	(0.02	)	$	0.36	$	0.05
Diluted earnings per share:
		Weighted average common shares outstanding		8,067		8,542			8,062		8,515
		Addition from assumed exercise of dilutive stock options		180		—			125		243
		Weighted average common and common equivalent shares outstanding		8,247		8,542			8,187		8,758
		Net income (loss) per share	$	0.23	$	(0.02	)	$	0.36	$	0.05

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