Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
6 Months Ended
Mar. 31, 2022
Segment Reporting [Abstract]  
Schedule of information by business segment

Information by operating segment is as follows:

 

(in thousands)

 

Three Months Ended

March 31,

 

 

Six Months Ended

March 31,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

$

49,032

 

 

$

55,268

 

 

$

63,780

 

 

$

68,194

 

Land Management and Other Operations

 

 

609

 

 

 

676

 

 

 

1,198

 

 

 

1,482

 

Total revenues

 

 

49,641

 

 

 

55,944

 

 

 

64,978

 

 

 

69,676

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

 

45,490

 

 

 

45,518

 

 

 

58,876

 

 

 

53,665

 

Land Management and Other Operations

 

 

152

 

 

 

200

 

 

 

292

 

 

 

388

 

Total operating expenses

 

 

45,642

 

 

 

45,718

 

 

 

59,168

 

 

 

54,053

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

 

3,542

 

 

 

9,750

 

 

 

4,904

 

 

 

14,529

 

Land Management and Other Operations

 

 

457

 

 

 

476

 

 

 

906

 

 

 

1,094

 

Total gross profit

 

$

3,999

 

 

$

10,226

 

 

$

5,810

 

 

$

15,623

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Depreciation, depletion and amortization:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

$

3,686

 

 

$

3,658

 

 

$

7,367

 

 

$

7,302

 

Land Management and Other Operations

 

 

30

 

 

 

43

 

 

 

71

 

 

 

81

 

Other Depreciation, Depletion and Amortization

 

 

116

 

 

 

110

 

 

 

230

 

 

 

234

 

Total depreciation, depletion and amortization

 

$

3,832

 

 

$

3,811

 

 

$

7,668

 

 

$

7,617

 

 

(in thousands)

 

 

 

 

 

March 31,

 

 

September 30,

 

 

 

 

 

 

 

2022

 

 

2021

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Alico Citrus

 

 

 

 

 

$

438,994

 

 

$

418,633

 

Land Management and Other Operations

 

 

 

 

 

 

11,941

 

 

 

13,230

 

Other Corporate Assets

 

 

 

 

 

 

1,977

 

 

 

1,354

 

Total Assets

 

 

 

 

 

$

452,912

 

 

$

433,217