EXHIBIT
11
|
||||||||||||||||
ALICO,
INC.
|
||||||||||||||||
Computation
of Earnings per share
|
||||||||||||||||
(in
thousands except per share data)
|
||||||||||||||||
For
the three months
|
For
the year
|
|||||||||||||||
ended
August 31,
|
ended
August 31,
|
|||||||||||||||
2005
|
2004
|
2005
|
2004
|
|||||||||||||
Net
income
|
$
|
2,521
|
$
|
2,680
|
$
|
6,090
|
$
|
17,813
|
||||||||
Weighted
shares outstanding
|
7,369
|
7,288
|
7,331
|
7,219
|
||||||||||||
Basic
earnings per share
|
$
|
0.34
|
$
|
0.37
|
$
|
0.83
|
$
|
2.47
|
||||||||
(Net
income divided by shares outstanding)
|
||||||||||||||||
Dilutive
securities (options outstanding)
|
16
|
76
|
16
|
76
|
||||||||||||
Weighted
shares, diluted
|
7,385
|
7,364
|
7,347
|
7,295
|
||||||||||||
Fully
diluted Earnings per share
|
$
|
0.34
|
$
|
0.36
|
$
|
0.83
|
$
|
2.44
|
||||||||
(Net
income divided by dilutive shares)
|