v3.19.3.a.u2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2019
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 5,546 $ 18,630
Accounts receivable, net 1,852 713
Inventories 43,288 40,143
Assets held for sale 1,442 1,442
Prepaid expenses and other current assets 1,526 1,049
Total current assets 53,654 61,977
Restricted cash 719 5,208
Property and equipment, net 345,572 345,648
Goodwill 2,246 2,246
Other non-current assets 2,878 2,309
Total assets 405,069 417,388
Current liabilities:    
Accounts payable 1,493 4,163
Accrued liabilities 4,449 7,769
Long-term debt, current portion 5,130 5,338
Deferred retirement obligations 5,226 5,226
Income taxes payable 5,897 5,536
Other current liabilities 797 919
Total current liabilities 22,992 28,951
Long-term debt:    
Principal amount, net of current portion 151,187 158,111
Less: deferred financing costs, net (1,286) (1,369)
Long-term debt less current portion and deferred financing costs, net 149,901 156,742
Deferred income tax liabilities, net 32,125 32,125
Other liabilities 363 172
Total liabilities 205,381 217,990
Commitments and Contingencies (Note 12)
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 7,475,200 and 7,476,513 shares outstanding at December 31, 2019 and September 30, 2019, respectively 8,416 8,416
Additional paid in capital 19,857 19,781
Treasury stock, at cost, 940,945 and 939,632 shares held at December 31, 2019 and September 30, 2019, respectively (31,956) (31,943)
Retained earnings 198,169 198,049
Total Alico stockholders' equity 194,486 194,303
Noncontrolling interest 5,202 5,095
Total stockholders' equity 199,688 199,398
Total liabilities and stockholders' equity $ 405,069 $ 417,388

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