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Earnings per share
9 Months Ended
Jul. 31, 2016
Earnings Per Share [Abstract]  
Earnings per share

10.Earnings per share

 

Basic and diluted net income per share is calculated as follows (U.S. dollars in thousands, exept share and per share data):

 

 

 

 

 

 

 

 

 

 

 

Three months ended  July 31,

 

 

    

2016

    

2015

 

Numerator:

 

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

12,745

 

$

8,641

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,350,883

 

 

17,301,131

 

Effect on dilutive securities – Restricted stock/options

 

 

96,161

 

 

84,984

 

Weighted average shares - Diluted

 

 

17,447,044

 

 

17,386,115

 

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

 

Basic

 

$

0.73

 

$

0.50

 

Diluted

 

$

0.73

 

$

0.50

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine months ended July 31,

 

 

    

2016

    

2015

 

Numerator:

 

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

28,783

 

$

22,412

 

Denominator:

 

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,340,270

 

 

17,290,847

 

Effect on dilutive securities – Restricted stock/options

 

 

84,614

 

 

63,256

 

Weighted average shares - Diluted

 

 

17,424,884

 

 

17,354,103

 

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

 

Basic

 

$

1.66

 

$

1.30

 

Diluted

 

$

1.65

 

$

1.29