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Earnings per share
6 Months Ended
Apr. 30, 2021
Earnings per share  
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,

    

2021

    

2020

Numerator:

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

$

8,841

$

(3,278)

Denominator:

Weighted average shares – Basic

 

17,619

 

17,550

Effect of dilutive securities – Restricted stock/options

 

60

 

Weighted average shares – Diluted

 

17,679

 

17,550

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

Basic

$

0.50

$

(0.19)

Diluted

$

0.50

$

(0.19)

Six months ended

April 30,

    

2021

    

2020

Numerator:

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

$

14,118

$

(4,216)

Denominator:

Weighted average shares - Basic

 

17,609

 

17,543

Effect on dilutive securities – Restricted stock/options

 

59

 

Weighted average shares - Diluted

 

17,668

 

17,543

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

Basic

$

0.80

$

(0.24)

Diluted

$

0.80

$

(0.24)