ALICO INC
For the period ended Aug 5, 2024. Filed Aug 5, 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.
Aug 5, 2024 · Filed Aug 5, 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)
| June 30,2024 | September 30,2023 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $9,106 | $1,062 |
| Accounts receivable, net | 4,512 | 712 |
| Inventories | 35,998 | 52,481 |
| Income tax receivable | — | 1,200 |
| Assets held for sale | 3,106 | 1,632 |
| Prepaid expenses and other current assets | 1,642 | 1,718 |
| Total current assets | 54,364 | 58,805 |
| Restricted cash | — | 2,630 |
| Property and equipment, net | 355,255 | 361,849 |
| Goodwill | 2,246 | 2,246 |
| Other non-current assets | 2,737 | 2,823 |
| Total assets | $414,602 | $428,353 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $6,632 | $6,311 |
| Accrued liabilities | 4,618 | 5,363 |
| Current portion of long-term debt | 1,410 | 2,566 |
| Income tax payable | 7,171 | — |
| Other current liabilities | 527 | 825 |
| Total current liabilities | 20,358 | 15,065 |
| Long-term debt, net | 82,642 | 101,410 |
| Lines of credit | — | 24,722 |
| Deferred income tax liabilities, net | 36,868 | 36,410 |
| Other liabilities | 442 | 369 |
| Total liabilities | 140,310 | 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 7,624,185 and 7,610,551 shares outstanding at June 30, 2024 and September 30, 2023, respectively | 8,416 | 8,416 |
| Additional paid in capital | 20,153 | 20,045 |
| Treasury stock, at cost, 791,960 and 806,341 shares held at June 30, 2024 and September 30, 2023, respectively | (26,838) | (27,274) |
| Retained earnings | 267,758 | 243,804 |
| Total Alico stockholders’ equity | 269,489 | 244,991 |
| Noncontrolling interest | 4,803 | 5,386 |
| Total stockholders’ equity | 274,292 | 250,377 |
| Total liabilities and stockholders’ equity | $414,602 | $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.