Earnings per share

3 Months Ended

Jan. 31, 2020

Earnings per share

Earnings per share

10. Earnings per share

Basic and diluted net income per share is calculated as follows (data in thousands, except per share data):

	Three months ended January 31,
	2020		2019
Numerator:
Net Income (loss) attributable to Calavo Growers, Inc.	$	(938)	$	4,487
Denominator:
Weighted average shares - Basic		17,536		17,500
Effect on dilutive securities – Restricted stock/options		—		58
Weighted average shares - Diluted		17,536		17,558
Net income per share attributable to Calavo Growers, Inc:
Basic	$	(0.05)	$	0.26
Diluted	$	(0.05)	$	0.26