Alico, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

Segment Information (Tables)

12 Months Ended

Sep. 30, 2014

Schedule of Information by Business Segment

Information by business segment is as follows:

(in thousands)	Fiscal Year Ended September 30,
	2014			2013			2012

Revenues:
Citrus Groves	$	47,069		$	43,689		$	55,423
Agricultural Supply Chain Management		12,376			28,412			48,334
Improved Farmland		20,429			21,917			15,316
Ranch and Conservation		8,172			6,755			7,348
Other Operations		634			888			766
Intersegment Revenues		9,621			10,981			11,820
Eliminations		(9,621	)		(10,981	)		(11,820	)

Total revenue		88,680			101,661			127,187

Operating expenses:
Citrus Groves		30,213			31,533			30,995
Agricultural Supply Chain Management		12,317			27,949			47,693
Improved Farmland		21,356			16,202			11,574
Ranch and Conservation		4,330			3,798			3,497
Other Operations		374			505			1,196

Total operating expenses		68,590			79,987			94,955

Gross profit:
Citrus Groves		16,856			12,156			24,428
Agricultural Supply Chain Management		59			463			641
Improved Farmland		(927	)		5,715			3,742
Ranch and Conservation		3,842			2,957			3,851
Other Operations		260			383			(430	)

Total gross profit	$	20,090		$	21,674		$	32,232


Capital expenditures:
Citrus Groves	$	7,462		$	3,942		$	1,562
Agricultural Supply Chain Management		1,615			81			388
Improved Farmland		3,696			9,468			10,482
Ranch and Conservation		1,413			3,475			741
Other Operations		37			27			-
Other capital expenditures		285			1,931			2,748

Total capital expenditures	$	14,508		$	18,924		$	15,921

Depreciation, depletion and amortization:
Citrus Groves	$	2,132		$	2,114		$	2,088
Agricultural Supply Chain Management		164			169			223
Improved Farmland		3,320			5,131			4,051
Ranch and Conservation		1,330			1,250			992
Other Operations		743			347			427
Other depreciation, depletion and amortization		191			664			648

Total depreciation, depletion and amortization	$	7,880		$	9,675		$	8,429

(a) Other Operations includes the former Real Estate segment as well as other operations.

(in thousands)	September 30,
	2014			2013

Assets:
Citrus Groves	$	67,388	$	52,592
Agricultural Supply Chain Management		2,498		994
Improved Farmland		57,726		75,348
Ranch and Conservation		13,920		14,696
Other Operations		26,356		15,094
Other Corporate Assets		35,679		40,116

Total Assets	$	203,567	$	198,840

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details