Quarterly report pursuant to Section 13 or 15(d)

CONDENSED COMBINED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

v3.2.0.727
CONDENSED COMBINED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating revenues:        
Citrus Groves $ 65,795 $ 27,167 $ 129,084 $ 55,390
Agricultural Supply Chain Management 2,105 4,083 6,584 12,324
Improved Farmland 418 2,159 2,492 19,441
Ranch and Conservation 296 408 1,441 1,849
Other Operations 195 58 508 502
Total operating revenue 68,809 33,875 140,109 89,506
Operating expenses:        
Citrus Groves 45,551 18,317 96,027 36,560
Agricultural Supply Chain Management 1,467 3,916 5,578 12,085
Improved Farmland 659 6,591 2,736 20,986
Ranch and Conservation 624 684 1,992 2,231
Other Operations 693 (226) 786 281
Total operating expenses 48,994 29,282 107,119 72,143
Gross profit 19,815 4,593 32,990 17,363
Corporate general and administrative 3,638 2,339 12,932 7,961
Income from operations 16,177 2,254 20,058 9,402
Other income (expense), net:        
Interest and investment income, net 42 88 44 115
Interest expense $ (2,127) $ (657) (5,715) $ (1,322)
Loss on extinguishment of debt     (964)  
Gain (loss) on sale of real estate $ (27) $ 4 16,397 $ 3
Asset impairment     (541)  
Other income (loss), net $ (71) $ 133 (47) $ 61
Total other income (expense), net (2,183) (432) 9,174 (1,143)
Income before income taxes 13,994 1,822 29,232 8,259
Income taxes 6,227 791 10,940 3,236
Net income $ 7,767 $ 1,031 $ 18,292 $ 5,023
Net income (loss) attributable to noncontrolling interests        
Net income attributable to Alico, Inc. common stockholders $ 7,767 $ 1,031 $ 18,292 $ 5,023
Other comprehensive income (loss), net of tax        
Comprehensive income $ 7,767 $ 1,031 $ 18,292 $ 5,023
Comprehensive income (loss) attributable to noncontrolling interest        
Comprehensive income attributable to Alico, Inc. common stockholders $ 7,767 $ 1,031 $ 18,292 $ 5,023
Earnings per common share:        
Basic $ 0.94 $ 0.14 $ 2.30 $ 0.69
Diluted $ 0.94 $ 0.14 $ 2.29 $ 0.68
Weighted-average number of shares outstanding:        
Basic 8,278 7,356 7,969 7,327
Diluted 8,284 7,356 7,971 7,351
Cash dividends declared per common share $ 0.06 $ 0.06 $ 0.18 $ 0.18