Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Operating revenues:        
Total operating revenues $ 35,600 $ 56,200 $ 53,133 $ 73,645
Operating expenses:        
Total operating expenses 27,767 41,684 44,718 56,376
Gross profit 7,833 14,516 8,415 17,269
General and administrative expenses 3,073 3,399 6,959 7,187
Income from operations 4,760 11,117 1,456 10,082
Other (expense) income:        
Interest expense (2,239) (2,374) (4,494) (4,701)
Gain on sale of real estate, property and equipment 99 1,396 1,835 1,832
Other income (expense), net 0 66 144 (24)
Total other expense, net (2,140) (912) (2,515) (2,893)
Income (loss) before income taxes 2,620 10,205 (1,059) 7,189
Provision (benefit) for income taxes 8,150 4,321 (4,267) 3,048
Net (loss) income (5,530) 5,884 3,208 4,141
Net loss (income) attributable to noncontrolling interests 16 (51) 24 (43)
Net (loss) income attributable to Alico, Inc. common stockholders $ (5,514) $ 5,833 $ 3,232 $ 4,098
Earnings (loss) per common share:        
Basic (in dollars per share) $ (0.67) $ 0.70 $ 0.39 $ 0.49
Diluted (in dollars per share) $ (0.67) $ 0.70 $ 0.39 $ 0.49
Weighted-average number of common shares outstanding:        
Basic (in shares) 8,256 8,327 8,251 8,326
Diluted (in shares) 8,256 8,327 8,310 8,326
Cash dividends declared per common share (in dollars per share) $ 0.06 $ 0.06 $ 0.12 $ 0.12
Alico Citrus        
Operating revenues:        
Total operating revenues $ 34,709 $ 55,667 $ 51,788 $ 72,544
Operating expenses:        
Total operating expenses 26,110 40,923 42,405 55,008
Conservation and Environmental Resources        
Operating revenues:        
Total operating revenues 493 337 856 638
Operating expenses:        
Total operating expenses 1,593 761 2,190 1,275
Other Operations        
Operating revenues:        
Total operating revenues 398 196 489 463
Operating expenses:        
Total operating expenses $ 64 $ 0 $ 123 $ 93