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EXHIBIT 11. Earnings per share | |||||||||||||
ALICO, INC. | |||||||||||||
Computation of Earnings per share | |||||||||||||
(in thousands except per share data) | |||||||||||||
For the three months ended | For the nine months ended | ||||||||||||
May 31, | May 31, | May 31, | May 31, | ||||||||||
2006 | 2005 | 2006 | 2005 | ||||||||||
| Net income | $ | 2,540 | $ | 2,615 | $ | 6,360 | $ | 3,569 | |||||
| Weighted average shares outstanding | 7,366 | 7,327 | 7,366 | 7,318 | |||||||||
| Basic earnings per share | $ | 0.34 | $ | 0.36 | $ | 0.86 | $ | 0.49 | |||||
| (Net income divided by shares outstanding) | |||||||||||||
| Dilutive securities (options outstanding) | 12 | 16 | 11 | 16 | |||||||||
| Weighted average shares, diluted | 7,378 | 7,343 | 7,377 | 7,334 | |||||||||
| Fully diluted earnings per share | $ | 0.34 | $ | 0.36 | $ | 0.86 | $ | 0.49 | |||||
| (Net income divided by diluted shares) | |||||||||||||