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, 2023
Dec. 31, 2022
Operating revenues:    
Total operating revenues $ 13,985 $ 10,588
Operating expenses:    
Total operating expenses 28,240 14,389
Gross profit (14,255) (3,801)
General and administrative expenses 3,272 2,509
Loss from operations (17,527) (6,310)
Other income (expense), net:    
Interest income 95 0
Interest expense (1,605) (1,148)
Gain on sale of real estate, property and equipment and assets held for sale 77,025 3,189
Total other income (expense), net 75,515 2,041
Income (loss) before income taxes 57,988 (4,269)
Income tax provision (benefit) 15,552 (1,083)
Net income (loss) 42,436 (3,186)
Net loss attributable to noncontrolling interests 509 36
Net income (loss) attributable to Alico, Inc. common stockholders $ 42,945 $ (3,150)
Earnings per common share:    
Basic (in dollars per share) $ 5.64 $ (0.41)
Diluted (in dollars per share) $ 5.64 $ (0.41)
Weighted-average number of common shares outstanding:    
Basic (in shares) 7,616 7,593
Diluted (in shares) 7,616 7,593
Cash dividends declared per common share (in dollars per share) $ 0.05 $ 0.05
Alico Citrus    
Operating revenues:    
Total operating revenues $ 13,592 $ 10,268
Operating expenses:    
Total operating expenses 28,107 14,295
Land Management and Other Operations    
Operating revenues:    
Total operating revenues 393 320
Operating expenses:    
Total operating expenses $ 133 $ 94