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
Mar. 31, 2014
Sep. 30, 2013
Current assets:    
Cash and cash equivalents $ 15,410 $ 24,583
Investments 262 260
Accounts receivable, net 14,521 4,266
Inventories 24,853 29,403
Assets held for sale 3,601   
Other current assets 890 1,283
Total current assets 59,537 59,795
Investment in Magnolia Fund 2,572 5,086
Investments, deposits and other non-current assets 2,146 1,991
Cash surrender value of life insurance 889 897
Property, buildings and equipment, net 130,867 131,071
Total assets 196,011 198,840
Current liabilities:    
Accounts payable 1,634 1,729
Long-term debt, current portion 2,000 2,000
Accrued expenses 2,784 2,354
Income taxes payable 2,691 1,171
Dividend payable 876 1,461
Accrued ad valorem taxes 604 1,634
Other current liabilities 549 1,142
Total current liabilities 11,138 11,491
Long-term debt, net of current portion 33,000 34,000
Deferred income taxes, net of current portion 6,584 6,584
Deferred retirement benefits, net of current portion 4,055 4,029
Total liabilities 54,777 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 7,350,454 and 7,303,568 shares outstanding at March 31, 2014 and September 30, 2013, respectively 7,377 7,377
Additional paid in capital 3,782 9,496
Treasury stock at cost, 26,652 and 73,538 shares held at March 31, 2014 and September 30, 2013, (1,098) (2,816)
Retained earnings 131,173 128,679
Total stockholders' equity 141,234 142,736
Total liabilities and stockholders' equity $ 196,011 $ 198,840