| Schedule of Information by Business Segment |
Information by business segment is as follows:
|
|
|
|
|
|
|
|
|
|
|
|
|
(in thousands) |
Fiscal Year Ended September 30, |
|
2015 |
|
2014 |
|
2013 |
Revenues: |
|
|
|
|
|
|
|
|
Citrus Groves |
$ |
139,700 |
|
|
$ |
62,372 |
|
|
$ |
43,689 |
|
Agricultural Supply Chain Management |
6,439 |
|
|
12,376 |
|
|
28,412 |
|
Improved Farmland |
901 |
|
|
20,429 |
|
|
21,917 |
|
Ranch and Conservation |
5,394 |
|
|
8,172 |
|
|
6,755 |
|
Other Operations |
685 |
|
|
634 |
|
|
888 |
|
Total revenues |
153,119 |
|
|
103,983 |
|
|
101,661 |
|
|
|
|
|
|
|
Operating expenses: |
|
|
|
|
|
|
|
|
Citrus Groves |
104,081 |
|
|
42,571 |
|
|
31,533 |
|
Agricultural Supply Chain Management |
6,193 |
|
|
12,317 |
|
|
27,949 |
|
Improved Farmland |
1,089 |
|
|
21,356 |
|
|
16,202 |
|
Ranch and Conservation |
4,808 |
|
|
6,123 |
|
|
3,798 |
|
Other Operations |
995 |
|
|
374 |
|
|
505 |
|
Total operating expenses |
117,166 |
|
|
82,741 |
|
|
79,987 |
|
Gross profit: |
|
|
|
|
|
|
|
|
Citrus Groves |
35,619 |
|
|
19,801 |
|
|
12,156 |
|
Agricultural Supply Chain Management |
246 |
|
|
59 |
|
|
463 |
|
Improved Farmland |
(188 |
) |
|
(927 |
) |
|
5,715 |
|
Ranch and Conservation |
586 |
|
|
2,049 |
|
|
2,957 |
|
Other Operations |
(310 |
) |
|
260 |
|
|
383 |
|
Total gross profit |
$ |
35,953 |
|
|
$ |
21,242 |
|
|
$ |
21,674 |
|
|
|
|
|
|
|
Capital expenditures: |
|
|
|
|
|
|
|
|
Citrus Groves |
$ |
9,027 |
|
|
$ |
7,597 |
|
|
$ |
3,942 |
|
Agricultural Supply Chain Management |
809 |
|
|
215 |
|
|
81 |
|
Improved Farmland |
— |
|
|
3,696 |
|
|
9,468 |
|
Ranch and Conservation |
1,461 |
|
|
1,413 |
|
|
3,475 |
|
Other Operations |
163 |
|
|
37 |
|
|
27 |
|
Other capital expenditures |
488 |
|
|
285 |
|
|
1,931 |
|
Total capital expenditures |
$ |
11,948 |
|
|
$ |
13,243 |
|
|
$ |
18,924 |
|
|
|
|
|
|
|
Depreciation, depletion and amortization: |
|
|
|
|
|
|
Citrus Groves |
$ |
12,245 |
|
|
$ |
3,198 |
|
|
$ |
2,114 |
|
Agricultural Supply Chain Management |
384 |
|
|
164 |
|
|
169 |
|
Improved Farmland |
— |
|
|
3,320 |
|
|
5,131 |
|
Ranch and Conservation |
1,092 |
|
|
1,330 |
|
|
1,250 |
|
Other Operations |
646 |
|
|
743 |
|
|
347 |
|
Other depreciation, depletion and amortization |
270 |
|
|
191 |
|
|
664 |
|
Total depreciation, depletion and amortization |
$ |
14,637 |
|
|
$ |
8,946 |
|
|
$ |
9,675 |
|
|
|
|
|
|
|
|
|
|
(in thousands) |
September 30, |
|
2015 |
|
2014 |
Assets: |
|
|
|
|
|
Citrus Groves |
$ |
389,963 |
|
|
$ |
121,398 |
|
Agricultural Supply Chain Management |
2,858 |
|
|
2,498 |
|
Improved Farmland |
420 |
|
|
57,726 |
|
Ranch and Conservation |
13,779 |
|
|
13,920 |
|
Other Operations |
31,048 |
|
|
26,356 |
|
Other Corporate Assets |
22,512 |
|
|
35,682 |
|
Total Assets |
$ |
460,580 |
|
|
$ |
257,580 |
|
|