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 |
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