Alico, inc. (ALCO)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Jun'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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-