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Earnings per share (Tables)
3 Months Ended
Jan. 31, 2022
Earnings per share  
Schedule of basic and diluted net income per share

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

Three months ended January 31,

 

    

2022

    

2021

 

Numerator:

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

$

(4,043)

$

5,277

Denominator:

Weighted average shares – Basic

 

17,653

 

17,599

Effect of dilutive securities – Restricted stock/options (1)

 

 

70

Weighted average shares – Diluted

 

17,653

 

17,669

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

Basic

$

(0.23)

$

0.30

Diluted

$

(0.23)

$

0.30

(1)At January 31, 2022, approximately 43,000 shares of common stock equivalents were excluded in the computation of diluted net loss per share, as the effect would be anti-dilutive since the Company reported a net loss.