Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common stock
Additional Paid In Capital
Treasury Stock
Retained Earnings
Total Alico, Inc. Equity
Non- controlling Interest
Beginning balance (in shares) at Sep. 30, 2022   8,416,000          
Beginning balance at Sep. 30, 2022 $ 248,865 $ 8,416 $ 19,784 $ (27,948) $ 243,490 $ 243,742 $ 5,123
Treasury stock, shares (in shares) at Sep. 30, 2022       829,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (11,317)       (10,937) (10,937) (380)
Dividends (760)       (760) (760)  
Stock-based compensation (in shares)       (12,000)      
Stock-based compensation 533   201 $ 332   533  
Ending balance (in shares) at Mar. 31, 2023   8,416,000          
Ending balance at Mar. 31, 2023 237,321 $ 8,416 19,985 $ (27,616) 231,793 232,578 4,743
Treasury stock, shares (in shares) at Mar. 31, 2023       817,000      
Beginning balance (in shares) at Dec. 31, 2022   8,416,000          
Beginning balance at Dec. 31, 2022 245,604 $ 8,416 19,943 $ (27,802) 239,960 240,517 5,087
Treasury stock, shares (in shares) at Dec. 31, 2022       823,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (8,131)       (7,787) (7,787) (344)
Dividends (380)       (380) (380)  
Stock-based compensation (in shares)       (6,000)      
Stock-based compensation 228   42 $ 186   228  
Ending balance (in shares) at Mar. 31, 2023   8,416,000          
Ending balance at Mar. 31, 2023 237,321 $ 8,416 19,985 $ (27,616) 231,793 232,578 4,743
Treasury stock, shares (in shares) at Mar. 31, 2023       817,000      
Beginning balance (in shares) at Sep. 30, 2023   8,416,000          
Beginning balance at Sep. 30, 2023 $ 250,377 $ 8,416 20,045 $ (27,274) 243,804 244,991 5,386
Treasury stock, shares (in shares) at Sep. 30, 2023 806,341     806,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) $ 26,423       27,141 27,141 (718)
Dividends (763)       (763) (763)  
Stock-based compensation (in shares)       (10,000)      
Stock-based compensation 369   64 $ 305   369  
Ending balance (in shares) at Mar. 31, 2024   8,416,000          
Ending balance at Mar. 31, 2024 $ 276,406 $ 8,416 20,109 $ (26,969) 270,182 271,738 4,668
Treasury stock, shares (in shares) at Mar. 31, 2024 796,015     796,000      
Beginning balance (in shares) at Dec. 31, 2023   8,416,000          
Beginning balance at Dec. 31, 2023 $ 292,626 $ 8,416 20,064 $ (27,099) 286,368 287,749 4,877
Treasury stock, shares (in shares) at Dec. 31, 2023       800,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income (loss) (16,013)       (15,804) (15,804) (209)
Dividends (382)       (382) (382)  
Stock-based compensation (in shares)       (4,000)      
Stock-based compensation 175   45 $ 130   175  
Ending balance (in shares) at Mar. 31, 2024   8,416,000          
Ending balance at Mar. 31, 2024 $ 276,406 $ 8,416 $ 20,109 $ (26,969) $ 270,182 $ 271,738 $ 4,668
Treasury stock, shares (in shares) at Mar. 31, 2024 796,015     796,000