Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Earnings Per Common Share (Tables)

9 Months Ended

Jun. 30, 2019

For the three and nine months ended June 30, 2019 and 2018, basic and diluted earnings per common share were as follows:



(in thousands except per share amounts)
	Three Months Ended June 30,				Nine Months Ended June 30,
	2019		2018		2019		2018

Net income attributable to Alico, Inc. common stockholders	$	16,244	$	9,100	$	21,324	$	12,332

Weighted average number of common shares outstanding - basic	7,470		8,228		7,470		8,243
Dilutive effect of equity-based awards	1		96		24		71
Weighted average number of common shares outstanding - diluted	7,471		8,324		7,494		8,314

Net income per common shares attributable to Alico, Inc. common stockholders:
Basic	$	2.17	$	1.11	$	2.85	$	1.50
Diluted	$	2.17	$	1.09	$	2.85	$	1.48