EX-11 2 ex11-113004.htm EXHIBIT 11 Exhibit 11

       
EXHIBIT 11
      
               
ALICO, INC.
  
Computation of Earnings per share
  
(in thousands except per share data)
  
               
               
For the three months                       
  
ended November 30,                     
 
     
2004
          
2003
  
Net income
  
$
965
       
$
49
 
Weighted shares outstanding
    
7,314
         
7,140
 
                     
Basic earnings per share
  
$
0.13
       
$
0.01
 
                     
(Net income divided by shares outstanding)
                    
                     
Dilutive securities (options outstanding)
    
71
          
114
  
                     
Weighted shares, diluted
    
7,385
         
7,254
 
                     
Fully diluted Earnings per share
  
$
0.13
       
$
0.01
 
                     
(Net income divided by dilutive shares)