Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (unaudited) (Tables)

v3.20.2
Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Sep. 30, 2020
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data

Summarized quarterly financial data for the fiscal years ended September 30, 2020, and 2019 are computed independently each quarter, therefore, the sum of the quarter amounts may not equal the total amount for the respective year due to rounding as follows:

 

(in thousands, except per share amounts)

 

Fiscal Quarter Ended

 

 

 

December 31,

 

 

March 31,

 

 

June 30,

 

 

September 30,

 

 

 

2019

 

 

2018

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

 

2020

 

 

2019

 

Total operating revenues

 

$

11,005

 

 

$

14,779

 

 

$

50,515

 

 

$

48,521

 

 

$

26,122

 

 

$

57,565

 

 

$

4,865

 

 

$

1,386

 

Total operating expenses

 

 

5,391

 

 

 

11,597

 

 

 

43,898

 

 

 

32,207

 

 

 

19,902

 

 

 

31,561

 

 

 

5,397

 

 

 

(13,474

)

Gross profit (loss)

 

 

5,614

 

 

 

3,182

 

 

 

6,617

 

 

 

16,314

 

 

 

6,220

 

 

 

26,004

 

 

 

(532

)

 

 

14,860

 

General and administrative expenses

 

 

2,760

 

 

 

3,450

 

 

 

2,953

 

 

 

4,654

 

 

 

2,556

 

 

 

2,682

 

 

 

2,729

 

 

 

4,360

 

Other (expense) income, net

 

 

(1,595

)

 

 

(2,864

)

 

 

1,398

 

 

 

(1,972

)

 

 

(1,405

)

 

 

(1,623

)

 

 

26,058

 

 

 

11,478

 

Income (loss) before income taxes

 

 

1,259

 

 

 

(3,132

)

 

 

5,062

 

 

 

9,688

 

 

 

2,259

 

 

 

21,699

 

 

 

22,797

 

 

 

21,978

 

Income tax (benefit) expense

 

 

361

 

 

 

(629

)

 

 

1,496

 

 

 

2,228

 

 

 

171

 

 

 

5,483

 

 

 

5,635

 

 

 

5,701

 

Net (loss) income

 

 

898

 

 

 

(2,503

)

 

 

3,566

 

 

 

7,460

 

 

 

2,088

 

 

 

16,216

 

 

 

17,162

 

 

 

16,277

 

Net (income) loss attributable to noncontrolling interests

 

 

(107

)

 

 

36

 

 

 

5

 

 

 

87

 

 

 

8

 

 

 

28

 

 

 

42

 

 

 

232

 

Net income (loss) attributable to Alico Inc. common stockholders

 

$

791

 

 

$

(2,467

)

 

$

3,571

 

 

$

7,547

 

 

$

2,096

 

 

$

16,244

 

 

$

17,204

 

 

$

16,509

 

Earnings (loss) per share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.11

 

 

$

(0.33

)

 

$

0.48

 

 

$

1.01

 

 

$

0.28

 

 

$

2.17

 

 

$

2.29

 

 

$

2.21

 

Diluted

 

$

0.11

 

 

$

(0.33

)

 

$

0.48

 

 

$

1.01

 

 

$

0.28

 

 

$

2.17

 

 

$

2.29

 

 

$

2.21