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

Segment Information (Tables)

9 Months Ended

Jun. 30, 2020

Information by operating segment is as follows:

(in thousands)	Three Months Ended June 30,				Nine Months Ended June 30,
	2020		2019		2020		2019
Revenues:
Alico Citrus	$	25,360	$	56,819	$	85,336	$	118,539
Water Resources and Other Operations		762		746		2,306		2,326
Total revenues		26,122		57,565		87,642		120,865

Operating expenses:
Alico Citrus		19,508		31,141		67,866		73,597
Water Resources and Other Operations	394			420		1,325		1,768
Total operating expenses		19,902		31,561		69,191		75,365

Gross profit:
Alico Citrus		5,852		25,678		17,470		44,942
Water Resources and Other Operations		368		326		981		558
Total gross profit		6,220		26,004		18,451		45,500

Depreciation, depletion and amortization:
Alico Citrus		3,468		3,278		10,321		9,899
Water Resources and Other Operations		51		45		143		132
Other Depreciation, Depletion and Amortization		129		167		383		410
Total depreciation, depletion, and amortization	$	3,648	$	3,490	$	10,847	$	10,441

(in thousands)	June 30,		September 30,
	2020		2019
Assets:
Alico Citrus	$	452,219	$	401,212
Water Resources and Other Operations		16,429		15,332
Other Corporate Assets		1,284		844
Total Assets	$	469,932	$	417,388