v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Current assets:        
Cash and cash equivalents $ 865 $ 886    
Accounts receivable, net 324 6,105    
Inventories 27,682 43,377    
Income tax receivable 1,116 3,233    
Assets held for sale 205 160    
Prepaid expenses and other current assets 1,424 1,152    
Total current assets 31,616 54,913    
Property and equipment, net 372,479 373,231    
Goodwill 2,246 2,246    
Other non-current assets 2,914 2,827    
Total assets 409,255 433,217    
Current liabilities:        
Accounts payable 3,366 7,274    
Accrued liabilities 9,062 9,872    
Long-term debt, current portion 3,035 4,285    
Other current liabilities 1,062 875    
Total current liabilities 16,525 22,306    
Long-term debt:        
Principal amount, net of current portion 103,661 122,009    
Less: deferred financing costs, net (748) (986)    
Long-term debt less current portion and deferred financing costs, net 102,913 121,023    
Lines of credit 4,928      
Deferred income tax liabilities, net 35,589 39,465    
Other liabilities 435 306    
Total liabilities 160,390 183,100    
Commitments and Contingencies (Note 16)    
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 7,586,995 and 7,562,004 shares outstanding at September 30, 2022 and September 30, 2021, respectively 8,416 8,416    
Additional paid in capital 19,784 19,989    
Treasury stock, at cost, 829,150 and 890,141 shares held at September 30, 2022 and September 30, 2021, respectively (27,948) (29,853) $ (30,779) $ (31,943)
Retained earnings 243,490 246,163    
Total Alico stockholders' equity 243,742 244,715    
Noncontrolling interest 5,123 5,402    
Total stockholders' equity 248,865 250,117 $ 224,294 $ 201,910
Total liabilities and stockholders' equity $ 409,255 $ 433,217    

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