EXHIBIT 11 |
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ALICO, INC. | |||||||||||||
Computation of Earnings per share | |||||||||||||
(unaudited) | |||||||||||||
(in thousands except per share data) | |||||||||||||
|
For the three months ended |
For the six months
ended |
|||||||||||
Feb. 28, |
|
|
Feb. 29, |
|
|
Feb. 28, |
|
|
Feb. 29, |
| |||
|
|
|
2005 |
|
|
2004 |
|
|
2005 |
|
|
2004 |
|
Net income (loss) |
$ |
(11 |
) |
$ |
12,744 |
$ |
954 |
$ |
12,793 |
||||
Weighted shares outstanding |
7,316 |
7,180 |
7,314 |
7,161 |
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Basic earnings per share |
$ |
(0.00 |
) |
$ |
1.77 |
$ |
0.13 |
$ |
1.79 |
||||
(Net income (loss) divided by shares outstanding) |
|||||||||||||
Dilutive securities (options outstanding) |
* |
156 |
69 |
156 |
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Weighted shares, diluted |
7,316 |
7,336 |
7,383 |
7,317 |
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Fully diluted Earnings per share |
$ |
0.00 |
|
$ |
1.74 |
$ |
0.13 |
$ |
1.75 |
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(Net income divided by dilutive shares) |