v3.22.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 6,869 $ 886
Accounts receivable, net 4,596 6,105
Inventories 39,001 43,377
Income tax receivable   3,233
Assets held for sale 241 160
Prepaid expenses and other current assets 1,581 1,152
Total current assets 52,288 54,913
Restricted cash 2,660  
Property and equipment, net 373,117 373,231
Goodwill 2,246 2,246
Other non-current assets 3,303 2,827
Total assets 433,614 433,217
Current liabilities:    
Accounts payable 4,838 7,274
Accrued liabilities 9,065 9,872
Long-term debt, current portion 3,035 4,285
Income tax payable 3,138  
Other current liabilities 1,122 875
Total current liabilities 21,198 22,306
Long-term debt:    
Principal amount, net of current portion 104,420 122,009
Less: deferred financing costs, net (781) (986)
Long-term debt less current portion and deferred financing costs, net 103,639 121,023
Deferred income tax liabilities, net 37,219 41,977
Other liabilities 533 306
Total liabilities 162,589 185,612
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 7,582,612 and 7,526,004 shares outstanding at June 30, 2022 and September 30, 2021, respectively 8,416 8,416
Additional paid in capital 19,631 19,989
Treasury stock, at cost, 833,533 and 890,141 shares held at June 30, 2022 and September 30, 2021, respectively (28,096) (29,853)
Retained earnings 265,852 243,651
Total Alico stockholders' equity 265,803 242,203
Noncontrolling interest 5,222 5,402
Total stockholders' equity 271,025 247,605
Total liabilities and stockholders' equity $ 433,614 $ 433,217

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