Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating revenues:    
Total operating revenues $ 15,337 $ 13,732
Operating expenses:    
Total operating expenses 13,526 8,335
Gross profit 1,811 5,397
General and administrative expenses 2,584 2,528
(Loss) income from operations (773) 2,869
Other income (expense), net:    
Interest expense (901) (1,189)
Gain on sale of real estate, property and equipment and assets held for sale 8,445 3,364
Other income 9 10
Total other income, net 7,553 2,185
Income before income taxes 6,780 5,054
Income tax (benefit) provision (3,300) 1,250
Net income 10,080 3,804
Net loss attributable to noncontrolling interests 51 41
Net income attributable to Alico, Inc. common stockholders $ 10,131 $ 3,845
Earnings per common share:    
Basic (in dollars per share) $ 1.34 $ 0.51
Diluted (in dollars per share) $ 1.34 $ 0.51
Weighted-average number of common shares outstanding:    
Basic 7,535 7,503
Diluted (in shares) 7,542 7,503
Cash dividends declared per common share $ 0.50 $ 0.18
Alico Citrus    
Operating revenues:    
Total operating revenues $ 14,748 $ 12,926
Operating expenses:    
Total operating expenses 13,386 8,147
Water Resources and Other Operations    
Operating revenues:    
Total operating revenues 589 806
Operating expenses:    
Total operating expenses $ 140 $ 188