Quarterly report pursuant to sections 13 or 15(d)

CONDENSED CONSOLIDATED BALANCE SHEETS

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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Sep. 30, 2012
Current assets:    
Cash and cash equivalents $ 3,513 $ 13,328
Restricted cash    2,500
Investments 259 257
Accounts receivable, net 9,062 3,071
Income tax receivable 73 1,327
Inventories 22,345 27,290
Assets held for sale    2,475
Other current assets 1,388 1,219
Total current assets 36,640 51,467
Investment in Magnolia Fund 5,932 5,607
Investments, deposits and other non-current assets 2,052 2,145
Deferred income taxes 2,168 2,168
Cash surrender value of life insurance 858 862
Property, buildings and equipment, net 130,906 122,834
Total assets 178,556 185,083
Current liabilities:    
Accounts payable 5,367 4,929
Long-term debt, current portion 2,000 3,267
Accrued expenses 1,258 2,488
Income taxes payable 767 484
Dividend payable 583 883
Accrued ad valorem taxes 545 1,685
Other current liabilities 927 3,412
Total current liabilities 11,447 17,148
Long-term debt, net of current portion 35,000 36,633
Deferred retirement benefits, net of current portion 3,828 3,756
Total liabilities 50,275 57,537
Commitments and contingencies      
Stockholders' equity:    
Preferred stock, no par value. Authorized 1,000,000 shares; issued and outstanding, none      
Common stock, $1 par value; 15,000,000 shares authorized; 7,377,106 shares issued and 7,289,813 and 7,353,871 shares outstanding at March 31, 2013 and September 30, 2012, respectively 7,377 7,377
Additional paid in capital 9,147 9,053
Treasury stock at cost, 87,293 and 23,235 shares held at March 31, 2013 and September 30, 2012, respectively (3,132) (543)
Retained earnings 114,889 111,659
Total stockholders' equity 128,281 127,546
Total liabilities and stockholders' equity $ 178,556 $ 185,083