| Schedule of Quarterly Financial Data |
Summarized quarterly financial data for the fiscal years ended September 30, 2022, and 2021 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:
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(in thousands, except per share amounts) |
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Fiscal Quarter Ended |
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December 31, |
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March 31, |
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June 30, |
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September 30, |
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2021 |
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2020 |
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2022 |
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2021 |
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2022 |
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2021 |
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2022 |
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2021 |
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Total operating revenues |
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$ |
15,337 |
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$ |
13,732 |
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$ |
49,641 |
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$ |
55,944 |
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$ |
25,938 |
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$ |
34,888 |
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$ |
1,031 |
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$ |
4,000 |
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Total operating expenses |
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13,526 |
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8,335 |
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45,642 |
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45,718 |
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24,627 |
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26,378 |
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22,917 |
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4,240 |
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Gross profit (loss) |
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1,811 |
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5,397 |
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3,999 |
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10,226 |
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1,311 |
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8,510 |
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(21,886 |
) |
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(240 |
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General and administrative expenses |
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2,584 |
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2,528 |
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2,538 |
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2,653 |
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2,557 |
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1,911 |
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2,400 |
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2,361 |
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Other income (expense), net |
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7,553 |
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2,185 |
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25,735 |
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(1,104 |
) |
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4,910 |
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29,387 |
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(399 |
) |
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1,479 |
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Income (loss) before income taxes |
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6,780 |
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5,054 |
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27,196 |
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6,469 |
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3,664 |
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35,986 |
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(24,685 |
) |
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(1,122 |
) |
Income tax (benefit) expense |
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(3,300 |
) |
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1,250 |
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6,579 |
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1,579 |
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1,002 |
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8,853 |
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(3,212 |
) |
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(115 |
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Net income (loss) |
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10,080 |
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3,804 |
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20,617 |
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4,890 |
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2,662 |
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27,133 |
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(21,473 |
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(1,007 |
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Net loss (income) attributable to noncontrolling interests |
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51 |
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41 |
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85 |
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(23 |
) |
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44 |
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(14 |
) |
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393 |
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35 |
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Net income (loss) attributable to Alico Inc. common stockholders |
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$ |
10,131 |
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$ |
3,845 |
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$ |
20,702 |
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$ |
4,867 |
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$ |
2,706 |
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$ |
27,119 |
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$ |
(21,080 |
) |
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$ |
(972 |
) |
Earnings (loss) per share: |
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Basic |
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$ |
1.34 |
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$ |
0.51 |
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$ |
2.74 |
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$ |
0.65 |
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$ |
0.36 |
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$ |
3.61 |
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$ |
(2.78 |
) |
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$ |
(0.13 |
) |
Diluted |
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$ |
1.34 |
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$ |
0.51 |
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$ |
2.74 |
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$ |
0.65 |
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$ |
0.36 |
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$ |
3.61 |
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$ |
(2.78 |
) |
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$ |
(0.13 |
) |
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