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, 2022
Dec. 31, 2021
Operating revenues:    
Total operating revenues $ 10,588 $ 15,337
Operating expenses:    
Total operating expenses 14,389 13,526
Gross (loss) profit (3,801) 1,811
General and administrative expenses 2,509 2,584
Loss from operations (6,310) (773)
Other income (expense), net:    
Interest expense (1,148) (901)
Gain on sale of real estate, property and equipment and assets held for sale 3,189 8,445
Other income, net   9
Total other income , net 2,041 7,553
(Loss) income before income taxes (4,269) 6,780
Income tax benefit (1,083) (3,300)
Net (loss) income (3,186) 10,080
Net income attributable to noncontrolling interests 36 51
Net (loss) income attributable to Alico, Inc. common stockholders $ (3,150) $ 10,131
Earnings per common share:    
Basic (in dollars per share) $ (0.41) $ 1.34
Diluted (in dollars per share) $ (0.41) $ 1.34
Weighted-average number of common shares outstanding:    
Basic 7,593 7,535
Diluted (in shares) 7,593 7,542
Cash dividends declared per common share $ 0.05 $ 0.50
Alico Citrus    
Operating revenues:    
Total operating revenues $ 10,268 $ 14,748
Operating expenses:    
Total operating expenses 14,295 13,386
Water Resources and Other Operations    
Operating revenues:    
Total operating revenues 320 589
Operating expenses:    
Total operating expenses $ 94 $ 140