EXHIBIT 11.1 MECON, INC. STATEMENT REGARDING COMPUTATION OF EARNINGS PER SHARE (IN THOUSANDS, EXCEPT PER SHARE DATA) THREE MONTHS ENDED NINE MONTHS ENDED SEPTEMBER 30, SEPTEMBER 30, --------------------------------------------- 1999 1998 1999 1998 ---------- ---------- ---------- ---------- BASIC EARNINGS PER SHARE Weighted average common stock outstanding 7,196 7,007 7,157 6,997 ---------- ---------- ---------- ---------- Net income (loss) ($3,878) $870 ($3,154) $1,278 ---------- ---------- ---------- ---------- Basic earnings per share ($0.54) $0.12 ($0.44) $0.18 ========== ========== ========== ========== DILUTED EARNINGS PER SHARE Weighted average common stock outstanding 7,196 7,007 7,157 6,997 Dilutive effect of options outstanding -- 452 -- 491 ---------- ---------- ---------- ---------- Weighted average common and dilutive potential common stock outstanding 7,196 7,007 7,157 7,488 ---------- ---------- ---------- ---------- Net income (loss) ($3,868) $ 870 ($3,154) $1,278 ---------- ---------- ---------- ---------- Diluted earnings per share ($0.54) $0.12 ($0.44) $0.17 ========== ========== ========== ==========