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Earnings per share (Tables)
6 Months Ended
Apr. 30, 2025
Earnings per share  
Schedule of basic and diluted net income per share

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

Three months ended April 30,

    

2025

    

2024

Numerator:

Net income from continuing operations

$

6,940

$

6,507

Less: Net income attributable to noncontrolling interest

(90)

(37)

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

6,850

6,470

Net loss from discontinued operations (Note 10)

(408)

Net income attributable to Calavo Growers, Inc.

$

6,850

$

6,062

Denominator:

Weighted average shares - Basic

 

17,815

 

17,800

Effect on dilutive securities – Restricted stock/units/options

 

13

 

72

Weighted average shares - Diluted

 

17,828

 

17,872

Net income from continuing operations

Basic

$

0.38

$

0.36

Diluted

$

0.38

$

0.36

Net loss from discontinued operations (Note 10)

Basic

$

$

(0.02)

Diluted

$

$

(0.02)

Net income per share attributable to Calavo Growers, Inc:

Basic

$

0.38

$

0.34

Diluted

$

0.38

$

0.34

Six months ended April 30,

    

2025

    

2024

Numerator:

Net income from continuing operations

$

11,375

$

3,933

Add: Net income attributable to noncontrolling interest

(110)

(47)

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

11,265

3,886

Net loss from discontinued operations (Note 10)

(4,091)

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

$

11,265

$

(205)

Denominator:

Weighted average shares - Basic

 

17,841

 

17,800

Effect on dilutive securities – Restricted stock/units/options

 

62

 

66

Weighted average shares - Diluted

 

17,903

 

17,866

Net income from continuing operations

Basic

$

0.63

$

0.22

Diluted

$

0.63

$

0.22

Net loss from discontinued operations (Note 10)

Basic

$

$

(0.23)

Diluted

$

$

(0.23)

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

Basic

$

0.63

$

(0.01)

Diluted

$

0.63

$

(0.01)