v3.20.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2020
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 80,407 $ 18,630
Accounts receivable, net 4,385 713
Inventories 28,503 40,143
Assets held for sale 1,366 1,442
Prepaid expenses and other current assets 1,521 1,049
Total current assets 116,182 61,977
Restricted cash 3,671 5,208
Property and equipment, net 347,816 345,648
Goodwill 2,246 2,246
Other non-current assets 2,369 2,309
Total assets 472,284 417,388
Current liabilities:    
Accounts payable 5,154 4,163
Accrued liabilities 4,943 7,769
Long-term debt, current portion 5,130 5,338
Deferred retirement obligations 5,226 5,226
Income taxes payable 2,660 5,536
Other current liabilities 554 919
Total current liabilities 23,667 28,951
Long-term debt:    
Principal amount, net of current portion 148,499 158,111
Less: deferred financing costs, net (1,240) (1,369)
Long-term debt less current portion and deferred financing costs, net 147,259 156,742
Lines of credit 66,714 0
Deferred income tax liabilities, net 31,298 32,125
Other liabilities 278 172
Total liabilities 269,216 217,990
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 7,479,671 and 7,476,513 shares outstanding at March 31, 2020 and September 30, 2019, respectively 8,416 8,416
Additional paid in capital 20,174 19,781
Treasury stock, at cost, 936,474 and 939,632 shares held at March 31, 2020 and September 30, 2019, respectively (31,784) (31,943)
Retained earnings 201,065  
Total Alico stockholders' equity 197,871 194,303
Noncontrolling interest 5,197  
Total stockholders' equity 203,068 199,398
Total liabilities and stockholders' equity $ 472,284 $ 417,388

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