Alico, Inc. Annual report pursuant to Section 13 and 15(d)

Segment Information (Tables)

12 Months Ended

Sep. 30, 2020

Information by operating segment is as follows:

(in thousands)	Fiscal Year Ended September 30,
	2020		2019		2018
Revenues:
Alico Citrus	$	89,369	$	119,031	$	78,121
Land Management and Other Operations		3,138		3,220		3,160
Total revenues		92,507		122,251		81,281

Operating expenses:
Alico Citrus		72,281		59,594		51,709
Land Management and Other Operations		2,307		2,297		3,979
Total operating expenses		74,588		61,891		55,688

Gross profit (loss):
Alico Citrus		17,088		59,437		26,412
Land Management and Other Operations		831		923		(819	)
Total gross profit		17,919		60,360		25,593

Capital expenditures:
Alico Citrus		21,705		20,000		15,968
Land Management and Other Operations		—		—		304
Other Capital Expenditures		—		—		80
Total capital expenditures		21,705		20,000		16,352

Depreciation, depletion and amortization:
Alico Citrus		13,822		12,935		12,546
Land Management and Other Operations		185		173		219
Other Depreciation, Depletion and Amortization		513		816		991
Total depreciation, depletion and amortization	$	14,520	$	13,924	$	13,756

(in thousands)	September 30,
	2020		2019
Assets:
Alico Citrus	$	406,763	$	401,212
Land Management and Other Operations		15,367		15,332
Other Corporate Assets		1,807		844
Total Assets	$	423,937	$	417,388