v3.21.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Sep. 30, 2020
Current assets:    
Cash and cash equivalents $ 10,371 $ 3,163
Accounts receivable, net 11,009 4,347
Inventories 30,035 40,855
Income tax receivable   781
Assets held for sale 2,048 1,366
Prepaid expenses and other current assets 1,443 1,387
Total current assets 54,906 51,899
Restricted cash   16,524
Property and equipment, net 369,036 350,061
Goodwill 2,246 2,246
Other non-current assets 2,595 3,207
Total assets 428,783 423,937
Current liabilities:    
Accounts payable 11,811 3,533
Accrued liabilities 5,118 7,095
Long-term debt, current portion 8,410 9,145
Income taxes payable 888  
Other current liabilities 761 1,385
Total current liabilities 26,988 21,158
Long-term debt:    
Principal amount, net of current portion 134,464 139,106
Less: deferred financing costs, net (1,068) (1,151)
Long-term debt less current portion and deferred financing costs, net 133,396 137,955
Lines of credit   2,942
Deferred income tax liabilities, net 39,728 39,728
Other liabilities 268 372
Total liabilities 200,380 202,155
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 7,513,413 and 7,492,524 shares outstanding at March 31, 2021 and September 30, 2020, respectively 8,416 8,416
Additional paid in capital 19,759 19,685
Treasury stock, at cost, 902,732 and 923,621 shares held at March 31, 2021 and September 30, 2020, respectively (30,223) (30,779)
Retained earnings 225,028 219,019
Total Alico stockholders' equity 222,980 216,341
Noncontrolling interest 5,423 5,441
Total stockholders' equity 228,403 221,782
Total liabilities and stockholders' equity $ 428,783 $ 423,937

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