Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.24.0.1
Segment Information
 3 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Segments
Total revenues represent sales to unaffiliated customers, as reported in the Condensed Consolidated Statements of Operations. Goods and services produced by these segments are sold to wholesalers and processors in the United States, who prepare the products for consumption. The Company evaluates the segments’ performance based on direct margins (gross profit) from operations before general and administrative expenses, interest expense, other income (expense) and income taxes, not including nonrecurring gains and losses.
Information by operating segment is as follows:
(in thousands) Three Months Ended
December 31,
2023 2022
Revenues:
Alico Citrus $ 13,592  $ 10,268 
Land Management and Other Operations 393  320 
Total revenues 13,985  10,588 
Operating expenses:
Alico Citrus 28,107  14,295 
Land Management and Other Operations 133  94 
Total operating expenses 28,240  14,389 
Gross profit:
Alico Citrus (14,515) (4,027)
Land Management and Other Operations 260  226 
Total gross profit $ (14,255) $ (3,801)
Depreciation, depletion and amortization:
Alico Citrus $ 3,727  $ 3,827 
Land Management and Other Operations 20  9 
Other Depreciation, Depletion and Amortization 57  114 
Total depreciation, depletion and amortization $ 3,804  $ 3,950 
(in thousands) December 31,
2023		 September 30,
2023
Assets:
Alico Citrus $ 429,466  $ 415,030 
Land Management and Other Operations 10,257  11,722 
Other Corporate Assets 1,486  1,601 
Total Assets $ 441,209  $ 428,353