XML 24 R13.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Earnings Per Common Share | 3 Months Ended
--- | ---
Dec. 31, 2017
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share Basic earnings per share for Alico's common stock is calculated by dividing net income attributable to Alico, Inc. common stockholders by the weighted average number of shares of common stock outstanding for the period. Diluted earnings per common share is similarly calculated, except that the calculation includes the dilutive effect of the assumed issuance of common shares issuable under equity-based compensation plans in accordance with the treasury stock method, except where the inclusion of such common shares would have an anti-dilutive impact. For the three months ended December 31, 2017 and 2016, basic and diluted earnings per common share were as follows:
(in thousands except per share amounts) |  |  |
| Three Months Ended December 31,
| 2017 |  | 2016
Net income (loss) attributable to Alico, Inc. common stockholders | $ | 8,746 |  |  | $ | (1,735 | )
Weighted average number of common shares outstanding - basic | 8,245 |  |  | 8,324 |
Dilutive effect of equity-based awards | 119 |  |  | — |
Weighted average number of common shares outstanding - diluted | 8,364 |  |  | 8,324 |
Net income (loss) per common shares attributable to Alico, Inc. common stockholders: |  |  |
Basic | $ | 1.06 |  |  | $ | (0.21 | )
Diluted | $ | 1.05 |  |  | $ | (0.21 | )
The computation of diluted earnings per common share for the three months ended December 31, 2017 includes the impact of certain equity awards because they are dilutive. Such awards are comprised of 750,000 stock options granted to Executive Officers (see Note 12. "Related Party Transactions") during the three months ended December 31, 2016.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration