Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

v3.7.0.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Operating revenues:        
Total operating revenues $ 51,518 $ 46,853 $ 125,163 $ 139,346
Operating expenses:        
Total operating expenses 36,510 33,170 92,886 104,782
Gross profit 15,008 13,683 32,277 34,564
General and administrative expenses 3,709 2,747 10,896 9,521
Income from operations 11,299 10,936 21,381 25,043
Other (expense) income:        
Interest expense (2,223) (2,470) (6,924) (7,448)
Gain (loss) on sale of real estate 157 (284) 1,989 618
Other expense, net (96) (120) (120) (419)
Total other expense, net (2,162) (2,874) (5,055) (7,249)
Income before income taxes 9,137 8,062 16,326 17,794
Provision for income taxes 3,665 3,392 6,713 7,419
Net income 5,472 4,670 9,613 10,375
Net loss (income) attributable to noncontrolling interests 7 11 (36) 29
Net income attributable to Alico, Inc. common stockholders $ 5,479 $ 4,681 $ 9,577 $ 10,404
Earnings per common share:        
Basic (in dollars per share) $ 0.66 $ 0.56 $ 1.15 $ 1.25
Diluted (in dollars per share) $ 0.66 $ 0.56 $ 1.15 $ 1.25
Weighted-average number of common shares outstanding:        
Basic (in shares) 8,293 8,309 8,315 8,299
Diluted (in shares) 8,364 8,309 8,340 8,309
Cash dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.18 $ 0.18
Alico Citrus        
Operating revenues:        
Total operating revenues $ 49,993 $ 45,639 $ 122,537 $ 135,916
Operating expenses:        
Total operating expenses 35,059 31,706 90,067 101,030
Conservation and Environmental Resources        
Operating revenues:        
Total operating revenues 1,001 877 1,789 2,528
Operating expenses:        
Total operating expenses 1,451 1,399 2,726 3,540
Other Operations        
Operating revenues:        
Total operating revenues 524 337 837 902
Operating expenses:        
Total operating expenses $ 0 $ 65 $ 93 $ 212