v3.21.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2021
Sep. 30, 2020
Current assets:    
Cash and cash equivalents $ 31,410 $ 3,163
Accounts receivable, net 6,484 4,347
Inventories 31,564 40,855
Income tax receivable   781
Assets held for sale 944 1,366
Prepaid expenses and other current assets 1,516 1,387
Total current assets 71,918 51,899
Restricted cash   16,524
Property and equipment, net 370,138 350,061
Goodwill 2,246 2,246
Other non-current assets 2,765 3,207
Total assets 447,067 423,937
Current liabilities:    
Accounts payable 7,998 3,533
Accrued liabilities 8,558 7,095
Long-term debt, current portion 8,355 9,145
Income taxes payable 7,081  
Other current liabilities 885 1,385
Total current liabilities 32,877 21,158
Long-term debt:    
Principal amount, net of current portion 123,080 139,106
Less: deferred financing costs, net (1,027) (1,151)
Long-term debt less current portion and deferred financing costs, net 122,053 137,955
Lines of credit   2,942
Deferred income tax liabilities, net 39,728 39,728
Other liabilities 312 372
Total liabilities 194,970 202,155
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 7,520,938 and 7,492,524 shares outstanding at June 30, 2021 and September 30, 2020, respectively 8,416 8,416
Additional paid in capital 19,862 19,685
Treasury stock, at cost, 895,207 and 923,621 shares held at June 30, 2021 and September 30, 2020, respectively (30,004) (30,779)
Retained earnings 248,386 219,019
Total Alico stockholders' equity 246,660 216,341
Noncontrolling interest 5,437 5,441
Total stockholders' equity 252,097 221,782
Total liabilities and stockholders' equity $ 447,067 $ 423,937

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