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 |
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ended November 30, |
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2004 |
2003 |
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Net income |
$ |
965 |
$ |
49 |
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Weighted shares outstanding |
7,314 |
7,140 |
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Basic earnings per share |
$ |
0.13 |
$ |
0.01 |
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(Net income divided by shares outstanding) |
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Dilutive securities (options outstanding) |
71 |
114 |
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Weighted shares, diluted |
7,385 |
7,254 |
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Fully diluted Earnings per share |
$ |
0.13 |
$ |
0.01 |
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(Net income divided by dilutive shares) |