Three months ended July 31,

Nine months ended July 31,

2020

2019

2020

2019

Numerator:

Net income (loss) attributable to Calavo Growers, Inc.

$

(15,636)

$

10,603

$

(19,852)

$

31,435

Denominator:

Weighted average shares – Basic

17,586

17,525

17,558

17,517

Effect of dilutive securities – Restricted stock/options

—

80

—

72

Weighted average shares – Diluted

17,586

17,605

17,558

17,589

Net income (loss) per share attributable to Calavo Growers, Inc:

Basic

$

(0.89)

$

0.61

$

(1.13)

$

1.79

Diluted

$

(0.89)

$

0.60

$

(1.13)

$

1.79