EXHIBIT
11
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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
|
For
the year
|
||||||||||||||
ended
August 31,
|
ended
August 31,
|
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2006
|
2005
|
2006
|
2005
|
|||||||||||||
Net
income
|
$
|
109
|
$
|
2,521
|
$
|
6,469
|
$
|
6,090
|
||||||||
Weighted
shares outstanding
|
7,368
|
7,369
|
7,368
|
7,331
|
||||||||||||
Basic
earnings per share
|
$
|
0.01
|
$
|
0.34
|
$
|
0.88
|
$
|
0.83
|
||||||||
(Net
income divided by shares outstanding)
|
||||||||||||||||
Dilutive
securities (options outstanding)
|
11
|
16
|
11
|
16
|
||||||||||||
Weighted
shares, diluted
|
7,379
|
7,385
|
7,379
|
7,347
|
||||||||||||
Fully
diluted Earnings per share
|
$
|
0.01
|
$
|
0.34
|
$
|
0.88
|
$
|
0.83
|
||||||||
(Net
income divided by dilutive shares)
|
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