v3.19.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 18,630 $ 25,260
Accounts receivable, net 713 2,544
Inventories 40,143 41,033
Assets held for sale 1,442 1,391
Prepaid expenses and other current assets 1,049 833
Total current assets 61,977 71,061
Restricted cash 5,208 7,000
Property and equipment, net 345,648 340,403
Goodwill 2,246 2,246
Other non-current assets 2,309 2,712
Total assets 417,388 423,422
Current liabilities:    
Accounts payable 4,163 3,764
Accrued liabilities 7,769 8,881
Long-term debt, current portion 5,338 5,275
Deferred retirement obligations, current portion 5,226 345
Income taxes payable 5,536 2,320
Other current liabilities 919 891
Total current liabilities 28,951 21,476
Long-term debt:    
Principal amount, net of current portion 158,111 169,074
Less: deferred financing costs, net (1,369) (1,563)
Long-term debt less current portion and deferred financing costs, net 156,742 167,511
Lines of credit 0 2,685
Deferred income tax liabilities, net 32,125 25,153
Deferred gain on sale 0 24,928
Deferred retirement obligations 0 4,052
Other liabilities 172 22
Total liabilities 217,990 245,827
Commitments and Contingencies (Note 16)
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 7,476,513 and 8,199,957 shares outstanding at September 30, 2019 and September 30, 2018, respectively 8,416 8,416
Additional paid in capital 19,781 20,126
Treasury stock, at cost, 939,632 and 216,188 shares held at September 30, 2019 and September 30, 2018, respectively (31,943) (7,536)
Retained earnings 198,049 151,111
Total Alico stockholders' equity 194,303 172,117
Noncontrolling interest 5,095 5,478
Total stockholders' equity 199,398 177,595
Total liabilities and stockholders' equity $ 417,388 $ 423,422

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