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Earnings per share
9 Months Ended
Jul. 31, 2019
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,

    

2019

    

2018

Numerator:

Net Income attributable to Calavo Growers, Inc.

$

10,603

$

12,350

Denominator:

Weighted average shares – Basic

 

17,525

 

17,481

Effect on dilutive securities – Restricted stock/options

 

80

 

100

Weighted average shares – Diluted

 

17,605

 

17,581

Net income per share attributable to Calavo Growers, Inc:

Basic

$

0.61

$

0.71

Diluted

$

0.60

$

0.70

Nine months ended July 31,

    

2019

    

2018

Numerator:

Net Income attributable to Calavo Growers, Inc.

$

31,435

$

33,611

Denominator:

Weighted average shares - Basic

 

17,517

 

17,475

Effect on dilutive securities – Restricted stock/options

 

72

 

92

Weighted average shares - Diluted

 

17,589

 

17,567

Net income per share attributable to Calavo Growers, Inc:

Basic

$

1.79

$

1.92

Diluted

$

1.79

$

1.91