v3.10.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2018
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 272 $ 25,260
Accounts receivable, net 6,842 2,544
Inventories 42,458 41,033
Assets held for sale 1,215 1,391
Income tax receivable 484 15
Prepaid expenses and other current assets 1,134 818
Derivative asset 3,269 0
Total current assets 55,674 71,061
Restricted cash 7,002 7,000
Property and equipment, net 340,563 340,403
Goodwill 2,246 2,246
Deferred financing costs, net of accumulated amortization 87 136
Other non-current assets 3,182 2,576
Total assets 408,754 423,422
Current liabilities:    
Accounts payable 3,002 3,764
Accrued liabilities 4,382 9,226
Long-term debt, current portion 5,300 5,275
Income taxes payable 0 2,320
Other current liabilities 984 913
Derivative liabilities 14,536 0
Total current liabilities 28,204 21,498
Long-term debt:    
Principal amount, net of current portion 166,342 169,074
Less: deferred financing costs, net (1,514) (1,563)
Long-term debt less current portion and deferred financing costs, net 164,828 167,511
Lines of credit 22,314 2,685
Deferred income tax liabilities 25,153 25,153
Deferred gain on sale 0 24,928
Deferred retirement obligations 4,032 4,052
Total liabilities 244,531 245,827
Commitments and Contingencies (Note 13)
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 and 8,416,145 shares issued and 7,454,795 and 8,199,957 shares outstanding at December 31, 2018 and September 30, 2018, respectively 8,416 8,416
Additional paid in capital 20,384 20,126
Treasury stock, at cost, 961,350 and 216,188 shares held at December 31, 2018 and September 30, 2018, respectively (32,817) (7,536)
Retained earnings 162,798 151,111
Total Alico stockholders' equity 158,781 172,117
Noncontrolling interest 5,442 5,478
Total stockholders' equity 164,223 177,595
Total liabilities and stockholders' equity $ 408,754 $ 423,422

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