Earnings per share (Tables)

6 Months Ended

Apr. 30, 2022

Earnings per share

Schedule of basic and diluted net income per share

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

		Three months ended  April 30,
	2022		2021
Numerator:
Net income (loss) attributable to Calavo Growers, Inc.	$	(191)	$	8,841
Denominator:
Weighted average shares – Basic		17,664		17,619
Effect of dilutive securities – Restricted stock/units/options (1)		—		60
Weighted average shares – Diluted		17,664		17,679
Net income (loss) per share attributable to Calavo Growers, Inc:
Basic	$	(0.01)	$	0.50
Diluted	$	(0.01)	$	0.50

	Six months ended April 30,
	2022		2021
Numerator:
Net Income (loss) attributable to Calavo Growers, Inc.	$	(4,234)	$	14,118
Denominator:
Weighted average shares - Basic		17,659		17,609
Effect on dilutive securities – Restricted stock/units/options (1)		—		59
Weighted average shares - Diluted		17,659		17,668
Net income (loss) per share attributable to Calavo Growers, Inc:
Basic	$	(0.24)	$	0.80
Diluted	$	(0.24)	$	0.80