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
Dec. 31, 2013
Sep. 30, 2013
Current assets:    
Cash and cash equivalents $ 13,470 $ 24,583
Investments 261 260
Accounts receivable, net 7,151 4,266
Income tax receivable 301   
Inventories 29,752 29,403
Assets held for sale 3,601   
Other current assets 1,072 1,283
Total current assets 55,608 59,795
Investment in Magnolia Fund 3,162 5,086
Investments, deposits and other non-current assets 2,230 1,991
Cash surrender value of life insurance 893 897
Property, buildings and equipment, net 131,468 131,071
Total assets 193,361 198,840
Current liabilities:    
Accounts payable 2,859 1,729
Long-term debt, current portion 2,000 2,000
Accrued expenses 1,318 2,354
Income taxes payable    1,171
Dividend payable 1,749 1,461
Accrued ad valorem taxes    1,634
Other current liabilities 1,080 1,142
Total current liabilities 9,006 11,491
Long-term debt, net of current portion 33,500 34,000
Deferred income taxes, net of current portion 6,584 6,584
Deferred retirement benefits, net of current portion 4,037 4,029
Total liabilities 53,127 56,104
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 7,274,339 and 7,303,568 shares outstanding at December 31, 2013 and September 30, 2013, respectively 7,377 7,377
Additional paid in capital 9,719 9,496
Treasury stock at cost, 102,767 and 73,538 shares held at December 31, 2013 and September 30, 2013, respectively (3,965) (2,816)
Retained earnings 127,103 128,679
Total stockholders' equity 140,234 142,736
Total liabilities and stockholders' equity $ 193,361 $ 198,840