Annual report pursuant to Section 13 and 15(d)

Selected Quarterly Financial Data (unaudited) (Tables)

v3.8.0.1
Selected Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Sep. 30, 2017
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Data
Summarized quarterly financial data for the fiscal years ended September 30, 2017, and 2016 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:

(in thousands, except per share amounts)
Fiscal Quarter Ended
 
December 31,
 
March 31,
 
June 30,
 
September 30,
 
2016
2015
 
2017
2016
 
2017
2016
 
2017
2016
 
 
 
 
 
 
 
 
 
 
 
 
Total operating revenue
$
17,445

$
20,604

 
$
56,200

$
71,889

 
$
51,518

$
46,853

 
$
4,666

$
4,850

Total operating expenses
14,692

19,238

 
41,684

52,374

 
36,510

33,170

 
28,013

4,355

 
 
 
 
 
 
 
 
 
 
 
 
Gross profit
2,753

1,366

 
14,516

19,515

 
15,008

13,683

 
(23,347
)
495

 
 
 
 
 
 
 
 
 
 
 
 
General and administrative
3,788

3,925

 
3,399

2,849

 
3,709

2,747

 
4,128

3,692

Other (expense) income, net
(1,981
)
(2,535
)
 
(912
)
(1,840
)
 
(2,162
)
(2,874
)
 
(2,193
)
(2,117
)
 
 
 
 
 
 
 
 
 
 
 
 
Income (loss) before income taxes
(3,016
)
(5,094
)
 
10,205

14,826

 
9,137

8,062

 
(29,668
)
(5,314
)
Income tax expense (benefit)
(1,273
)
(2,075
)
 
4,321

6,102

 
3,665

3,392

 
(10,559
)
(1,898
)
 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss)
$
(1,743
)
$
(3,019
)
 
$
5,884

$
8,724

 
$
5,472

$
4,670

 
$
(19,109
)
$
(3,416
)
 
 
 
 
 
 
 
 
 
 
 
 
Net loss attributable to noncontrolling interests
8

8

 
(51
)
10

 
7

11

 
81

5

 
 
 
 
 
 
 
 
 
 
 
 
Net income (loss) attributable to Alico Inc. common stockholders
$
(1,735
)
$
(3,011
)
 
$
5,833

$
8,734

 
$
5,479

$
4,681

 
$
(19,028
)
$
(3,411
)
 
 
 
 
 
 
 
 
 
 
 
 
Earnings per share:
 

 

 
 

 

 
 

 

 
 

 

Basic
$
(0.21
)
$
(0.36
)
 
$
0.70

$
1.05

 
$
0.66

$
0.56

 
$
(2.29
)
$
(0.41
)
Diluted
$
(0.21
)
$
(0.36
)
 
$
0.70

$
1.05

 
$
0.66

$
0.56

 
$
(2.29
)
$
(0.41
)

    
Note - Total operating expenses for the fiscal quarter ended September 30, 2017 include an inventory casualty loss and net realizable value adjustment of approximately $14,688,000 and impairments of long-lived assets of approximately $9,346,000. (See Notes 5. “Inventories”, Note 6. “Assets Held For Sale” and Note 7. “Property and Equipment, Net” for further information)