Annual report pursuant to section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Sep. 30, 2012
Current assets:    
Cash and cash equivalents $ 24,583 $ 13,328
Restricted cash    2,500
Investments 260 257
Accounts receivable, net 4,266 3,071
Income tax receivable    1,327
Inventories 29,403 27,290
Assets held for sale    2,475
Other current assets 1,283 1,219
Total current assets 59,795 51,467
Investment in Magnolia Fund 5,086 5,607
Investments, deposits and other non-current assets 1,991 2,145
Deferred income taxes    2,168
Cash surrender value of life insurance 897 862
Property, buildings and equipment, net 131,071 122,834
Total assets 198,840 185,083
Current liabilities:    
Accounts payable 1,729 4,929
Long-term debt, current portion 2,000 3,267
Accrued expenses 2,354 2,488
Income taxes payable 1,171 484
Dividend payable 1,461 883
Accrued ad valorem taxes 1,634 1,685
Other current liabilities 1,142 3,412
Total current liabilities 11,491 17,148
Long-term debt, net of current portion 34,000 36,633
Deferred income taxes 6,584   
Deferred retirement benefits, net of current portion 4,029 3,756
Total liabilities 56,104 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 7,303,568 and 7,353,871 shares outstanding at September 30, 2013 and September 30, 2012, respectively 7,377 7,377
Additional paid in capital 9,496 9,053
Treasury stock at cost, 73,538 and 23,235 shares held at September 30, 2013 and September 30, 2012, respectively (2,816) (543)
Retained earnings 128,679 111,659
Total stockholders' equity 142,736 127,546
Total liabilities and stockholders' equity $ 198,840 $ 185,083