v3.22.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 23,516 $ 886
Accounts receivable, net 12,527 6,105
Inventories 33,183 43,377
Income tax receivable   3,233
Assets held for sale 129 160
Prepaid expenses and other current assets 1,227 1,152
Total current assets 70,582 54,913
Restricted cash 2,660  
Property and equipment, net 373,863 373,231
Goodwill 2,246 2,246
Other non-current assets 3,561 2,827
Total assets 452,912 433,217
Current liabilities:    
Accounts payable 7,377 7,274
Accrued liabilities 7,986 9,872
Long-term debt, current portion 4,285 4,285
Income tax payable 4,072  
Other current liabilities 811 875
Total current liabilities 24,531 22,306
Long-term debt:    
Principal amount, net of current portion 119,866 122,009
Less: deferred financing costs, net (910) (986)
Long-term debt less current portion and deferred financing costs, net 118,956 121,023
Deferred income tax liabilities, net 37,231 41,977
Other liabilities 638 306
Total liabilities 181,356 185,612
Commitments and Contingencies (Note 12)
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; none issued
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 shares issued and 7,552,669 and 7,526,004 shares outstanding at March 31, 2022 and September 30, 2021, respectively 8,416 8,416
Additional paid in capital 19,963 19,989
Treasury stock, at cost, 863,476 and 890,141 shares held at March 31, 2022 and September 30, 2021, respectively (29,027) (29,853)
Retained earnings 266,938 243,651
Total Alico stockholders' equity 266,290 242,203
Noncontrolling interest 5,266 5,402
Total stockholders' equity 271,556 247,605
Total liabilities and stockholders' equity $ 452,912 $ 433,217

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