Quarterly report pursuant to Section 13 or 15(d)

CONDENSED COMBINED CONSOLIDATED BALANCE SHEETS

v3.5.0.2
CONDENSED COMBINED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2016
Sep. 30, 2015
Current assets:    
Cash and cash equivalents $ 12,990 $ 5,474
Accounts receivable, net 13,965 3,137
Inventories 44,126 58,273
Income tax receivable 1,227 2,088
Prepaid expenses and other current assets 2,693 1,791
Total current assets 75,001 70,763
Property and equipment, net 377,967 381,099
Goodwill 2,246 2,246
Deferred financing costs, net of accumulated amortization 2,511 2,978
Other non-current assets 1,756 3,002
Total assets 459,481 460,088
Current liabilities:    
Accounts payable 2,881 4,407
Accrued liabilities 7,122 13,314
Dividend payable 498 501
Long-term debt, current portion 4,493 4,511
Deferred tax liability, current portion 25 151
Obligations under capital leases, current portion 277 277
Other current liabilities 727 974
Total current liabilities 16,023 24,135
Long-term debt 195,408 200,970
Deferred tax liability 32,892 25,628
Deferred gain on sale 28,436 29,122
Deferred retirement obligations 4,188 4,134
Obligations under capital leases 588 588
Total liabilities 277,535 284,577
Commitments and Contingencies
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 8,309,128 and 8,325,580 shares outstanding at June 30, 2016 and September 30, 2015, respectively 8,416 8,416
Additional paid in capital 18,192 19,795
Treasury stock, at cost, 107,017 and 90,565 shares held at June 30, 2016 and September 30, 2015, respectively (4,854) (3,962)
Retained earnings 155,414 146,455
Total Alico stockholders' equity 177,168 170,704
Noncontrolling interest 4,778 4,807
Total stockholders' equity 181,946 175,511
Total liabilities and stockholders' equity $ 459,481 $ 460,088