ALICO INC
For the period ended Feb 7, 2024. Filed Feb 7, 2024.
View on SEC.govAbout this filing
A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Feb 7, 2024 · Filed Feb 7, 2024
ALCO$37.09-0.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (in thousands, except share amounts)
(in thousands, except share amounts)
| December 31,2023 | September 30,2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash | $18,632 | $1,062 |
| Accounts receivable, net | 7,886 | 712 |
| Inventories | 41,804 | 52,481 |
| Income tax receivable | — | 1,200 |
| Assets held for sale | 69 | 1,632 |
| Prepaid expenses and other current assets | 3,426 | 1,718 |
| Total current assets | 71,817 | 58,805 |
| Restricted cash | 2,630 | 2,630 |
| Property and equipment, net | 361,603 | 361,849 |
| Goodwill | 2,246 | 2,246 |
| Other non-current assets | 2,913 | 2,823 |
| Total assets | $441,209 | $428,353 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $7,041 | $6,311 |
| Accrued liabilities | 3,633 | 5,363 |
| Current portion of long-term debt | 1,410 | 2,566 |
| Income tax payable | 15,552 | — |
| Other current liabilities | 904 | 825 |
| Total current liabilities | 28,540 | 15,065 |
| Long-term debt, net | 83,299 | 101,410 |
| Lines of credit | — | 24,722 |
| Deferred income tax liabilities, net | 36,410 | 36,410 |
| Other liabilities | 334 | 369 |
| Total liabilities | 148,583 | 177,976 |
| 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 7,616,081 and 7,610,551 shares outstanding at December 31, 2023 and September 30, 2023, respectively | 8,416 | 8,416 |
| Additional paid in capital | 20,064 | 20,045 |
| Treasury stock, at cost, 800,064 and 806,341 shares held at December 31, 2023 and September 30, 2023, respectively | (27,099) | (27,274) |
| Retained earnings | 286,368 | 243,804 |
| Total Alico stockholders' equity | 287,749 | 244,991 |
| Noncontrolling interest | 4,877 | 5,386 |
| Total stockholders' equity | 292,626 | 250,377 |
| Total liabilities and stockholders' equity | $441,209 | $428,353 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.