Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.21.2
Segment Information (Tables)
9 Months Ended
Jun. 30, 2021
Segment Reporting [Abstract]  
Schedule of information by business segment

Information by operating segment is as follows:

 

(in thousands)

 

Three Months Ended

June 30,

 

 

Nine Months Ended

June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

$

34,262

 

 

$

25,360

 

 

$

102,456

 

 

$

85,336

 

Land Management and Other Operations

 

 

626

 

 

 

762

 

 

 

2,108

 

 

 

2,306

 

Total revenues

 

 

34,888

 

 

 

26,122

 

 

 

104,564

 

 

 

87,642

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

 

26,156

 

 

 

19,508

 

 

 

79,821

 

 

 

67,866

 

Land Management and Other Operations

 

 

222

 

 

 

394

 

 

 

610

 

 

 

1,325

 

Total operating expenses

 

 

26,378

 

 

 

19,902

 

 

 

80,431

 

 

 

69,191

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

 

8,106

 

 

 

5,852

 

 

 

22,635

 

 

 

17,470

 

Land Management and Other Operations

 

 

404

 

 

 

368

 

 

 

1,498

 

 

 

981

 

Total gross profit

 

$

8,510

 

 

$

6,220

 

 

$

24,133

 

 

$

18,451

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation, depletion and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

$

3,632

 

 

$

3,468

 

 

$

11,025

 

 

$

10,321

 

Land Management and Other Operations

 

 

34

 

 

 

51

 

 

 

115

 

 

 

143

 

Other Depreciation, Depletion and Amortization

 

 

111

 

 

 

129

 

 

 

345

 

 

 

383

 

Total depreciation, depletion, and amortization

 

$

3,777

 

 

$

3,648

 

 

$

11,485

 

 

$

10,847

 

 

(in thousands)

 

June 30,

 

 

September 30,

 

 

 

2021

 

 

2020

 

Assets:

 

 

 

 

 

 

 

 

Alico Citrus

 

$

431,523

 

 

$

406,763

 

Land Management and Other Operations

 

 

14,120

 

 

 

15,367

 

Other Corporate Assets

 

 

1,424

 

 

 

1,807

 

Total Assets

 

$

447,067

 

 

$

423,937