Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Jun. 30, 2013
Sep. 30, 2012
Current assets:    
Cash and cash equivalents $ 6,803 $ 13,328
Restricted cash    2,500
Investments 260 257
Accounts receivable, net 7,801 3,071
Income tax receivable 53 1,327
Inventories 22,766 27,290
Assets held for sale    2,475
Other current assets 1,513 1,219
Total current assets 39,196 51,467
Investment in Magnolia Fund 6,098 5,607
Investments, deposits and other non-current assets 2,071 2,145
Deferred income taxes 2,168 2,168
Cash surrender value of life insurance 871 862
Property, buildings and equipment, net 132,248 122,834
Total assets 182,652 185,083
Current liabilities:    
Accounts payable 2,448 4,929
Long-term debt, current portion 2,000 3,267
Accrued expenses 1,245 2,488
Income taxes payable 3,260 484
Dividend payable 583 883
Accrued ad valorem taxes 1,089 1,685
Other current liabilities 1,486 3,412
Total current liabilities 12,111 17,148
Long-term debt, net of current portion 34,500 36,633
Deferred retirement benefits, net of current portion 3,863 3,756
Total liabilities 50,474 57,537
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, no par value. Authorized 1,000,000 shares; issued and outstanding, none      
Common stock, $1 par value; 15,000,000 shares authorized; 7,377,106 shares issued and 7,297,939 and 7,353,871 shares outstanding at June 30, 2013 and September 30, 2012, respectively 7,377 7,377
Additional paid in capital 9,382 9,053
Treasury stock at cost, 79,167 and 23,235 shares held at June 30, 2013 and September 30, 2012, respectively (2,966) (543)
Retained earnings 118,385 111,659
Total stockholders' equity 132,178 127,546
Total liabilities and stockholders' equity $ 182,652 $ 185,083