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Earnings per share
 9 Months Ended
Jul. 31, 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 July 31,

 

    

2017

    

2016

Numerator:

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

8,810

 

$

12,745

Denominator:

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,428

 

 

17,351

Effect on dilutive securities – Restricted stock/options

 

 

116

 

 

96

Weighted average shares - Diluted

 

 

17,544

 

 

17,447

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

Basic

 

$

0.51

 

$

0.73

Diluted

 

$

0.50

 

$

0.73

 

 

 

 

 

 

 

 

 

 

 

Nine months ended July 31,

 

    

2017

    

2016

Numerator:

 

 

 

 

 

 

Net Income attributable to Calavo Growers, Inc.

 

$

27,004

 

$

28,783

Denominator:

 

 

 

 

 

 

Weighted average shares - Basic

 

 

17,412

 

 

17,340

Effect on dilutive securities – Restricted stock/options

 

 

95

 

 

85

Weighted average shares - Diluted

 

 

17,507

 

 

17,425

Net income per share attributable to Calavo Growers, Inc:

 

 

 

 

 

 

Basic

 

$

1.55

 

$

1.66

Diluted

 

$

1.54

 

$

1.65