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
Dec. 31, 2018
Dec. 31, 2017
Operating revenues:    
Total operating revenues $ 14,779 $ 17,533
Operating expenses:    
Total operating expenses 11,597 16,951
Gross profit: 3,182 582
General and administrative expenses 3,450 3,886
Loss from operations (268) (3,304)
Other (expense) income:    
Interest expense (1,917) (2,255)
Gain on sale of real estate, property and equipment and assets held for sale 22 1,736
Change in fair value of derivatives (956) 0
Other (expense) income, net (13) 144
Total other expenses, net (2,864) (375)
Loss before income taxes (3,132) (3,679)
Income tax benefit (629) (12,417)
Net (loss) income (2,503) 8,738
Net loss attributable to noncontrolling interests 36 8
Net (loss) income attributable to Alico, Inc. common stockholders $ (2,467) $ 8,746
(Loss) earnings per common share:    
Basic (in dollars per share) $ (0.33) $ 1.06
Diluted (in dollars per share) $ (0.33) $ 1.05
Weighted-average number of common shares outstanding:    
Basic (in shares) 7,479 8,245
Diluted (in shares) 7,479 8,364
Cash dividends declared per common share (in dollars per share) $ 0.06 $ 0.06
Alico Citrus    
Operating revenues:    
Total operating revenues $ 13,897 $ 17,079
Operating expenses:    
Total operating expenses 10,874 16,295
Gross profit: 3,023 784
Water Resources and Other Operations    
Operating revenues:    
Total operating revenues 882 454
Operating expenses:    
Total operating expenses 723 656
Gross profit: $ 159 $ (202)