ALICO, INC. ALCO Income Statement

Alico, inc. (ALCO)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Jun'10
Operating revenues:
Revenue from Contract with Customer, Excluding Assessed Tax
50,515	11,005	1,386	57,565	48,521	14,779	-	26,517	35,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Citrus Groves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,167	22,590	5,633	25	19,209	17,062	7,393	92	21,829	25,094	8,408	-	-	-	-	-
Agricultural Supply Chain Management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,083	6,135	2,106	700	10,553	11,870	5,289	787	16,753	20,288	10,506	-	-	-	-	-
Improved Farmland
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,159	10,750	6,532	238	4,760	8,929	7,990	256	897	7,822	6,341	-	-	-	-	-
Ranch and Conservation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	408	910	531	5,490	409	338	518	5,223	718	751	656	-	-	-	-	-
Other Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58	257	187	213	298	211	166	284	204	142	136	-	-	-	-	-
Agricultural operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	38,681	35,690	15,903	27,739
Non-agricultural operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	660	800	652	701
Real estate operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0
Revenues
-	-	-	-	-	-	-	-	-	17,533	-	51,518	56,200	17,445	4,850	46,853	71,889	20,604	2,374	71,670	60,012	19,070	14,497	33,875	40,642	14,989	6,666	35,229	38,410	21,356	6,642	40,401	54,097	26,047	6,206	39,341	36,490	16,555	28,440
Operating expenses:
Citrus Groves
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,317	14,699	3,898	45	12,789	12,839	5,860	-63	12,050	13,851	5,157	-	-	-	-	-
Agricultural Supply Chain Management
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,916	5,844	2,325	1,063	10,095	11,257	5,534	1,470	16,496	19,532	10,195	-	-	-	-	-
Improved Farmland
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,591	8,865	5,530	158	3,028	7,142	5,874	157	640	6,017	4,760	-	-	-	-	-
Ranch and Conservation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	684	1,171	603	3,418	120	63	197	2,723	317	250	207	-	-	-	-	-
Other Operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-226	90	62	173	132	95	105	384	389	209	214	-	-	-	-	-
Agricultural operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	27,110	27,977	13,587	22,610
Non-agricultural operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	302	321	325	304
Real estate operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	90	124	150	143
Total operating expenses
43,898	5,391	-13,474	31,561	32,207	11,597	-3,633	14,603	27,767	16,951	28,013	36,510	41,684	14,692	4,355	33,170	52,374	19,238	-	50,643	48,336	-	10,440	29,282	30,669	12,418	4,857	26,164	31,396	17,570	4,671	29,892	39,859	20,533	-	27,502	28,422	-	-
Total operating expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,062	23,057
Gross profit
6,617	5,614	14,860	26,004	16,314	3,182	5,264	11,914	7,833	582	-23,347	15,008	14,516	2,753	495	13,683	19,515	1,366	-517	21,027	11,676	3,272	4,057	4,593	9,973	2,571	1,809	9,065	7,014	3,786	1,971	10,509	14,238	5,514	1,033	11,839	8,068	2,493	5,383
General and administrative expenses
2,953	2,760	4,360	2,682	4,654	3,450	5,144	2,955	3,073	3,886	4,128	3,709	3,399	3,788	3,692	2,747	2,849	3,925	4,562	2,949	3,499	5,484	4,077	2,339	1,834	3,561	3,214	2,253	2,464	1,808	2,822	1,871	1,807	1,990	2,822	1,766	1,597	2,011	1,604
Income from operations
3,664	2,854	10,500	23,322	11,660	-268	120	8,959	4,760	-3,304	-27,475	11,299	11,117	-1,035	-3,197	10,936	16,666	-2,559	-5,079	18,078	8,177	-2,212	-20	2,254	8,139	-990	-1,405	6,812	4,550	1,978	-851	8,638	12,431	3,524	-1,789	10,073	6,471	482	3,779
Other income (expense), net:
Interest expense
1,452	1,544	1,555	1,745	1,963	1,917	1,879	2,188	2,239	2,255	2,217	2,223	2,374	2,327	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment and interest income, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	44	0	-	16	88	-9	36	174	169	275	86	71	-16	-66	108	282	57	-1,572	-142	901
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,445	2,470	2,475	2,503	2,627	2,104	2,257	1,378	1,046	657	396	269	289	290	311	367	326	354	467	469	448	502	566	504	926
Gains (Losses) on Sales of Investment Real Estate
2,838	25	13,029	114	1	22	1,958	7,248	99	1,736	192	157	1,396	436	0	-284	760	142	119	1	-27	13,497	7,745	4	-1	0	-	-	-	-	-	-	-	-	-	0	-	-	-
Derivative, Gain (Loss) on Derivative, Net
0	0	0	0	-33	-956	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-87	-17	-947	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of asset held for sale
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	541	-	-	0	0	-	-	-	-	-	-	-	-	-	-	0	-	-	-
Other income (expense)
12	-76	-45	8	23	-13	-22	14	0	144	-20	-96	66	-90	328	-120	-125	-174	-111	-112	18	9	-77	133	-44	-28	-	-	-	-	-	-	-	-	-	-	-	-	-
Other loss, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-46	59	-23	-	7,258	31	1	-	114	43	14	40
Total other income (expense), net
1,398	-1,595	11,478	-1,623	-1,972	-2,864	96	5,074	-2,140	-375	-2,193	-2,162	-912	-1,981	-2,117	-2,874	-1,840	-2,535	-975	-2,258	-2,824	11,181	12,638	-432	-450	-261	20,188	-167	23	-304	-306	6,888	-502	-360	348	-331	-2,095	-632	15
Income before income taxes
5,062	1,259	21,978	21,699	9,688	-3,132	216	14,033	2,620	-3,679	-29,668	9,137	10,205	-3,016	-5,314	8,062	14,826	-5,094	-6,054	15,820	5,353	8,969	12,618	1,822	7,689	-1,251	18,783	6,645	4,573	1,674	-1,157	15,526	11,929	3,164	-	9,742	4,376	-	-
Income (loss) before income tax expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-150	3,794
Income tax provision
1,496	361	5,701	5,483	2,228	-629	-284	4,941	8,150	-12,417	-10,559	3,665	4,321	-1,273	-1,898	3,392	6,102	-2,075	-629	6,644	1,127	3,763	8,147	791	2,992	-547	7,027	2,566	1,800	636	-692	5,919	4,515	1,231	52	3,771	1,664	-57	1,506
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
3,566	898	16,277	16,216	7,460	-2,503	500	9,092	-5,530	8,738	-19,109	5,472	5,884	-1,743	-3,416	4,670	8,724	-3,019	-5,394	9,176	4,226	5,206	-	1,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Noncontrolling Interest
-5	107	-232	-28	-87	-36	-218	-8	-16	-8	-81	-7	51	-8	-5	-11	-10	-8	-31	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income (Loss) Attributable to Parent
3,571	791	16,509	16,244	7,547	-2,467	718	9,100	-5,514	8,746	-19,028	5,479	5,833	-1,735	-3,411	4,681	8,734	-3,011	-5,425	9,176	4,226	5,206	4,471	1,031	4,697	-704	11,756	4,079	2,773	1,038	-465	9,607	7,414	1,933	-1,493	5,971	2,712	-93	2,288
Per share information attributable to Alico, Inc. common stockholders:
Other comprehensive income (loss), net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,031	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Comprehensive income, net of tax effect
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-
Comprehensive income attributable to Alico, Inc. common stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,176	4,226	5,206	4,471	1,031	4,697	-704	11,756	4,079	2,773	1,038	-	-	-	-	-	-	-	-	-
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,354	-	-	-	-	-	-	-	-	-
Earnings Per Share [Abstract]
Basic (in dollars per share)
0.48	0.11	2.21	2.17	1.01	-0.33	0.09	1.11	-0.67	1.06	-2.29	0.66	0.70	-0.21	-0.41	0.56	1.05	-0.36	-0.69	1.11	0.51	0.71	0.61	0.14	0.64	-0.10	-	0.56	0.38	-	-0.07	1.31	1.01	0.26	-0.21	0.81	0.37	-0.01	0.31
Diluted (in dollars per share)
0.48	0.11	2.20	2.17	1.01	-0.33	0.10	1.09	-0.67	1.05	-2.29	0.66	0.70	-0.21	-0.41	0.56	1.05	-0.36	-0.69	1.11	0.51	0.71	0.61	0.14	0.64	-0.10	-	0.55	0.38	-	-0.07	1.31	1.01	0.26	-0.21	0.81	0.37	-0.01	0.31
Weighted-average number of common shares outstanding:
Weighted Average Number of Shares Outstanding, Basic
7,480	7,477	7,476	7,470	7,463	7,479	8,199	8,228	8,256	8,245	8,256	8,293	8,327	8,324	8,314	8,309	8,286	8,303	8,307	8,278	8,272	7,367	7,360	7,356	7,345	7,283	-	7,299	7,293	-	7,357	7,354	7,355	7,354	7,366	7,352	7,364	7,370	7,380
Weighted Average Number of Shares Outstanding, Diluted
7,496	7,491	7,553	7,471	7,469	7,479	8,260	8,324	8,256	8,364	8,185	8,364	8,327	8,324	8,329	8,309	8,303	8,303	8,321	8,284	8,272	7,367	7,428	7,356	7,349	7,283	-	7,375	7,320	-	7,357	7,354	7,355	7,354	7,366	7,352	7,364	7,370	7,380
Basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.14	-	-	-	-	-	-	-	-	-
Cash dividends declared per common share (in dollars per share)
0.09	0.09	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.00	0.12	0.20	0.08	0.08	0.00	0.08	0.04	0.04	0.04	0.04	0.00	0.08	0.00	-
Alico Citrus [Member]
Revenue from Contract with Customer, Excluding Assessed Tax
49,801	10,175	492	56,819	47,823	13,897	-	25,711	34,709	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenues
-	-	-	-	-	-	-	-	-	17,079	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
43,518	4,840	-14,003	31,141	31,582	10,874	-4,393	13,697	26,110	16,295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
6,283	5,335	-	25,678	16,241	3,023	-	12,014	8,599	784	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Water Resources and Other Operations
Revenue from Contract with Customer, Excluding Assessed Tax
714	830	894	746	698	882	-	806	891	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
380	551	529	420	625	723	760	906	1,657	656	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
334	279	-	326	73	159	-	-100	-766	-202	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Water Resources And Other Operations [Member]
Revenues
-	-	-	-	-	-	-	-	-	454	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-