| Schedule of Quarterly Financial Data |
Summarized quarterly financial data for the fiscal years ended September 30, 2021, and 2020 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,
|
|
|
|
|
2020
|
|
|
2019
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
2021
|
|
|
2020
|
|
|
Total operating revenues
|
|
$
|
13,732
|
|
|
$
|
11,005
|
|
|
$
|
55,944
|
|
|
$
|
50,515
|
|
|
$
|
34,888
|
|
|
$
|
26,122
|
|
|
$
|
4,000
|
|
|
$
|
4,865
|
|
|
Total operating expenses
|
|
|
8,335
|
|
|
|
5,391
|
|
|
|
45,718
|
|
|
|
43,898
|
|
|
|
26,378
|
|
|
|
19,902
|
|
|
|
4,240
|
|
|
|
5,397
|
|
|
Gross profit (loss)
|
|
|
5,397
|
|
|
|
5,614
|
|
|
|
10,226
|
|
|
|
6,617
|
|
|
|
8,510
|
|
|
|
6,220
|
|
|
|
(240
|
)
|
|
|
(532
|
)
|
|
General and administrative expenses
|
|
|
2,528
|
|
|
|
2,760
|
|
|
|
2,653
|
|
|
|
2,953
|
|
|
|
1,911
|
|
|
|
2,556
|
|
|
|
2,361
|
|
|
|
2,729
|
|
|
Other income (expense), net
|
|
|
2,185
|
|
|
|
(1,595
|
)
|
|
|
(1,104
|
)
|
|
|
1,398
|
|
|
|
29,387
|
|
|
|
(1,405
|
)
|
|
|
1,479
|
|
|
|
26,058
|
|
|
Income (loss) before income taxes
|
|
|
5,054
|
|
|
|
1,259
|
|
|
|
6,469
|
|
|
|
5,062
|
|
|
|
35,986
|
|
|
|
2,259
|
|
|
|
(1,122
|
)
|
|
|
22,797
|
|
|
Income tax (benefit) expense
|
|
|
1,250
|
|
|
|
361
|
|
|
|
1,579
|
|
|
|
1,496
|
|
|
|
8,853
|
|
|
|
171
|
|
|
|
(115
|
)
|
|
|
5,635
|
|
|
Net income (loss)
|
|
|
3,804
|
|
|
|
898
|
|
|
|
4,890
|
|
|
|
3,566
|
|
|
|
27,133
|
|
|
|
2,088
|
|
|
|
(1,007
|
)
|
|
|
17,162
|
|
|
Net loss (income) attributable to noncontrolling interests
|
|
|
41
|
|
|
|
(107
|
)
|
|
|
(23
|
)
|
|
|
5
|
|
|
|
(14
|
)
|
|
|
8
|
|
|
|
35
|
|
|
|
42
|
|
|
Net income (loss) attributable to Alico Inc. common stockholders
|
|
$
|
3,845
|
|
|
$
|
791
|
|
|
$
|
4,867
|
|
|
$
|
3,571
|
|
|
$
|
27,119
|
|
|
$
|
2,096
|
|
|
$
|
(972
|
)
|
|
$
|
17,204
|
|
|
Earnings (loss) per share:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$
|
0.51
|
|
|
$
|
0.11
|
|
|
$
|
0.65
|
|
|
$
|
0.48
|
|
|
$
|
3.61
|
|
|
$
|
0.28
|
|
|
$
|
(0.13
|
)
|
|
$
|
2.29
|
|
|
Diluted
|
|
$
|
0.51
|
|
|
$
|
0.11
|
|
|
$
|
0.65
|
|
|
$
|
0.48
|
|
|
$
|
3.61
|
|
|
$
|
0.28
|
|
|
$
|
(0.13
|
)
|
|
$
|
2.29
|
|
|