Alico, Inc. Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

6 Months Ended

Mar. 31, 2020

Information by operating segment is as follows:



(in thousands)	Three Months Ended March 31,				Six Months Ended March 31,
	2020		2019		2020		2019
Revenues:
Alico Citrus	$	49,801	$	47,823	$	59,976	$	61,720
Water Resources and Other Operations	714		698		1,544		1,580
Total revenues	50,515		48,521		61,520		63,300

Operating expenses:
Alico Citrus	43,518		31,582		48,358		42,456
Water Resources and Other Operations	380		625		931		1,348
Total operating expenses	43,898		32,207		49,289		43,804

Gross profit:
Alico Citrus	6,283		16,241		11,618		19,264
Water Resources and Other Operations	334		73		613		232
Total gross profit	6,617		16,314		12,231		19,496

Depreciation, depletion and amortization:
Alico Citrus	3,416		3,334		6,853		6,621
Water Resources and Other Operations	46		37		92		87
Other Depreciation, Depletion and Amortization	128		122		254		243
Total depreciation, depletion and amortization	$	3,590	$	3,493	$	7,199	$	6,951



(in thousands)	March 31,		September 30,
	2020		2019
Assets:
Alico Citrus	$	452,581	$	401,212
Water Resources and Other Operations	18,325		15,332
Other Corporate Assets	1,378		844
Total Assets	$	472,284	$	417,388