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Earnings per share
 6 Months Ended
Apr. 30, 2017
Earnings Per Share [Abstract]  
Earnings per share

10.Earnings per share

 

Basic and diluted net income per share is calculated as follows (data in thousands, except per share data):

 

 

 

 

 

 

 

 

 

 

Three months ended April 30,

 

    

2017

    

2016

Numerator:

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

12,945

 

$

9,689

Denominator:

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,426

 

 

17,348

Effect on dilutive securities – Restricted stock/options

 

 

113

 

 

97

Weighted average shares - Diluted

 

 

17,539

 

 

17,445

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

Basic

 

$

0.74

 

$

0.56

Diluted

 

$

0.74

 

$

0.56

 

 

 

 

 

 

 

 

 

 

 

Six months ended April 30,

 

    

2017

    

2016

Numerator:

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

18,194

 

$

16,038

Denominator:

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,402

 

 

17,335

Effect on dilutive securities – Restricted stock/options

 

 

84

 

 

80

Weighted average shares - Diluted

 

 

17,486

 

 

17,415

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

Basic

 

$

1.05

 

$

0.93

Diluted

 

$

1.04

 

$

0.92