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EXHIBIT 11
ALICO, INC.
Computation of Earnings per share
(in thousands except per share data)
Computation of Earnings per share
(in thousands except per share data)
For the three months ended | For the six months ended | |||||||||||||||
February 28, | February 28, | |||||||||||||||
2007 | 2006 | 2007 | 2006 | |||||||||||||
Net income | $ | 7,704 | $ | 2,667 | $ | 6,733 | $ | 3,820 | ||||||||
Weighted average shares outstanding | 7,372 | 7,365 | 7,372 | 7,367 | ||||||||||||
Basic earnings per share | $ | 1.05 | $ | 0.36 | $ | 0.91 | $ | 0.52 | ||||||||
(Net income divided by shares outstanding) | ||||||||||||||||
Dilutive securities (options outstanding) | 13 | 10 | 14 | 10 | ||||||||||||
Weighted average shares, diluted | 7,388 | 7,375 | 7,390 | 7,377 | ||||||||||||
Fully diluted earnings per share | $ | 1.04 | $ | 0.36 | $ | 0.91 | $ | 0.52 | ||||||||
(Net income divided by diluted shares)