Quarterly report pursuant to Section 13 or 15(d)

CONDENSED COMBINED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME

v3.5.0.2
CONDENSED COMBINED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Operating revenues:        
Total operating revenues $ 46,853 $ 71,670 $ 139,346 $ 150,752
Operating expenses:        
Total operating expenses 33,170 50,643 104,782 114,777
Gross profit 13,683 21,027 34,564 35,975
General and administrative expenses 2,747 2,949 9,521 11,931
Income from operations 10,936 18,078 25,043 24,044
Other (expense) income:        
Investment and interest income, net 0 44 0 44
Interest expense (2,470) (2,104) (7,448) (5,739)
Gain (loss) on sale of real estate (284) 1 618 13,471
Loss on extinguishment of debt 0 (87) 0 (1,051)
Impairment of asset held for sale 0 0 0 (541)
Other expense, net (120) (112) (419) (85)
Total other (expense) income, net (2,874) (2,258) (7,249) 6,099
Income before income taxes 8,062 15,820 17,794 30,143
Provision for income taxes 3,392 6,644 7,419 11,534
Net income 4,670 9,176 10,375 18,609
Net loss attributable to noncontrolling interests 11 0 29 0
Net income attributable to Alico, Inc. common stockholders 4,681 9,176 10,404 18,609
Comprehensive income attributable to noncontrolling interests 0 0 0 0
Comprehensive income attributable to Alico, Inc. common stockholders $ 4,681 $ 9,176 $ 10,404 $ 18,609
Earnings per common share:        
Basic (in dollars per share) $ 0.56 $ 1.11 $ 1.25 $ 2.34
Diluted (in dollars per share) $ 0.56 $ 1.11 $ 1.25 $ 2.34
Weighted-average number of common shares outstanding:        
Basic (in shares) 8,309 8,278 8,299 7,969
Diluted (in shares) 8,309 8,284 8,309 7,971
Cash dividends declared per common share (in dollars per share) $ 0.06 $ 0.060 $ 0.18 $ 0.18
Operating Segments        
Operating revenues:        
Total operating revenues $ 46,853 $ 71,670 $ 139,346 $ 150,752
Operating expenses:        
Total operating expenses 33,170 50,643 104,782 114,777
Gross profit 13,683 21,027 34,564 35,975
Operating Segments | Orange Co.        
Operating revenues:        
Total operating revenues 45,639 70,761 135,916 146,311
Operating expenses:        
Total operating expenses 31,706 48,666 101,030 109,263
Gross profit 13,933 22,095 34,886 37,048
Operating Segments | Conservation and Environmental Resources        
Operating revenues:        
Total operating revenues 877 296 2,528 1,441
Operating expenses:        
Total operating expenses 1,399 624 3,540 1,992
Gross profit (522) (328) (1,012) (551)
Operating Segments | Other Operations        
Operating revenues:        
Total operating revenues 337 613 902 3,000
Operating expenses:        
Total operating expenses 65 1,353 212 3,522
Gross profit $ 272 $ (740) $ 690 $ (522)