Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Inventories

Inventories

6 Months Ended

Mar. 31, 2015

Inventories [Abstract]

Inventories

Note 2. Inventories

A summary of the Company's inventories consisted of the following at March 31, 2015 and September 30, 2014:

(in thousands)	March 31, 2015		September 30, 2014


Unharvested fruit crop on the trees	$	52,139	$	23,502
Beef cattle		2,538		1,022
Nursery		1,876		516
Other		1,986		429

Total Inventories	$	58,539	$	25,469

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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