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