Earnings Per Common Share (Tables)

6 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per common share

For the three and six months ended March 31, 2020 and 2019, basic and diluted earnings per common share were as follows:

(in thousands except per share amounts)
	Three Months Ended March 31,				Six Months Ended March 31,
	2020		2019		2020		2019
Net income attributable to Alico, Inc. common stockholders	$	3,571	$	7,547	$	4,362	$	5,080
Weighted average number of common shares outstanding - basic	7,480		7,463		7,478		7,471
Dilutive effect of equity-based awards	16		6		16		35
Weighted average number of common shares outstanding - diluted	7,496		7,469		7,494		7,506
Net income per common shares attributable to Alico, Inc. common stockholders:
Basic	$	0.48	$	1.01	$	0.58	$	0.68
Diluted	$	0.48	$	1.01	$	0.58	$	0.68