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Earnings per share (Tables)
3 Months Ended
Jan. 31, 2024
Earnings per share  
Schedule of basic and diluted net income per share

Three months ended January 31,

    

2024

    

2023

Numerator:

Net loss from continuing operations

$

(2,574)

$

(445)

Add: Net income attributable to noncontrolling interest

(10)

(273)

Net loss from continuing operations attributable to Calavo Growers, Inc.

(2,584)

(718)

Net loss from discontinued operations (refer to Note 11)

(3,683)

(2,350)

Net loss attributable to Calavo Growers, Inc.

$

(6,267)

$

(3,068)

Denominator:

Weighted average shares - Basic

 

17,799

 

17,673

Effect on dilutive securities – Restricted stock/units/options (1)

 

 

Weighted average shares - Diluted

 

17,799

 

17,673

Net loss from continuing operations

Basic

$

(0.15)

$

(0.04)

Diluted

$

(0.15)

$

(0.04)

Net loss from discontinued operations (refer to Note 11)

Basic

$

(0.21)

$

(0.13)

Diluted (1)

$

(0.21)

$

(0.13)

Net loss per share attributable to Calavo Growers, Inc:

Basic

$

(0.35)

$

(0.17)

Diluted (1)

$

(0.35)

$

(0.17)

(1)For the three months ended January 31, 2024 and 2023, approximately 34,000 shares and 137,000 shares of common stock equivalents, respectively, were excluded in the computation of diluted net loss per share, as the effect would be anti-dilutive given the Company’s net loss for those periods.