Quarterly report pursuant to Section 13 or 15(d)

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED)

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CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Common stock
Additional Paid In Capital
Treasury Stock
Retained Earnings
Total Alico, Inc. Equity
Non- controlling Interest
Beginning balance (in shares) at Sep. 30, 2022   8,416,000          
Beginning balance at Sep. 30, 2022 $ 248,865 $ 8,416 $ 19,784 $ (27,948) $ 243,490 $ 243,742 $ 5,123
Treasury stock, shares (in shares) at Sep. 30, 2022       829,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 755       895 895 (140)
Dividends (1,140)       (1,140) (1,140)  
Capital contribution received from noncontrolling interest 441           441
Stock-based compensation (in shares)       (18,000)      
Stock-based compensation 731   227 $ 504   731  
Ending balance (in shares) at Jun. 30, 2023   8,416,000          
Ending balance at Jun. 30, 2023 249,652 $ 8,416 20,011 $ (27,444) 243,245 244,228 5,424
Treasury stock, shares (in shares) at Jun. 30, 2023       811,000      
Beginning balance (in shares) at Mar. 31, 2023   8,416,000          
Beginning balance at Mar. 31, 2023 237,321 $ 8,416 19,985 $ (27,616) 231,793 232,578 4,743
Treasury stock, shares (in shares) at Mar. 31, 2023       817,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income 12,072       11,832 11,832 240
Dividends (380)       (380) (380)  
Capital contribution received from noncontrolling interest 441           441
Stock-based compensation (in shares)       (6,000)      
Stock-based compensation 198   26 $ 172   198  
Ending balance (in shares) at Jun. 30, 2023   8,416,000          
Ending balance at Jun. 30, 2023 249,652 $ 8,416 20,011 $ (27,444) 243,245 244,228 5,424
Treasury stock, shares (in shares) at Jun. 30, 2023       811,000      
Beginning balance (in shares) at Sep. 30, 2023   8,416,000          
Beginning balance at Sep. 30, 2023 $ 250,377 $ 8,416 20,045 $ (27,274) 243,804 244,991 5,386
Treasury stock, shares (in shares) at Sep. 30, 2023 806,341     806,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income $ 24,514       25,097 25,097 (583)
Dividends (1,143)       (1,143) (1,143)  
Stock-based compensation (in shares)       (14,000)      
Stock-based compensation 544   108 $ 436   544  
Ending balance (in shares) at Jun. 30, 2024   8,416,000          
Ending balance at Jun. 30, 2024 $ 274,292 $ 8,416 20,153 $ (26,838) 267,758 269,489 4,803
Treasury stock, shares (in shares) at Jun. 30, 2024 791,960     792,000      
Beginning balance (in shares) at Mar. 31, 2024   8,416,000          
Beginning balance at Mar. 31, 2024 $ 276,406 $ 8,416 20,109 $ (26,969) 270,182 271,738 4,668
Treasury stock, shares (in shares) at Mar. 31, 2024       796,000      
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net (loss) income (1,909)       (2,044) (2,044) 135
Dividends (380)       (380) (380)  
Stock-based compensation (in shares)       (4,000)      
Stock-based compensation 175   44 $ 131   175  
Ending balance (in shares) at Jun. 30, 2024   8,416,000          
Ending balance at Jun. 30, 2024 $ 274,292 $ 8,416 $ 20,153 $ (26,838) $ 267,758 $ 269,489 $ 4,803
Treasury stock, shares (in shares) at Jun. 30, 2024 791,960     792,000