v3.10.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2018
Sep. 30, 2017
Current assets:    
Cash and cash equivalents $ 25,260 $ 3,395
Accounts receivable, net 2,544 4,286
Inventories 41,033 36,204
Assets held for sale 1,391 20,983
Prepaid expenses and other current assets 2,012 1,621
Total current assets 72,240 66,489
Restricted cash 7,000 0
Property and equipment, net 340,403 349,337
Goodwill 2,246 2,246
Deferred financing costs, net of accumulated amortization 136 262
Other non-current assets 1,397 848
Total assets 423,422 419,182
Current liabilities:    
Accounts payable 3,764 3,192
Accrued liabilities 9,226 6,781
Income taxes payable 2,320 0
Long-term debt, current portion 5,275 4,550
Other current liabilities 913 1,460
Total current liabilities 21,498 15,983
Long-term debt:    
Principal 169,074 181,926
Less: deferred financing costs, net (1,563) (1,767)
Long-term debt less deferred financing costs, net 167,511 180,159
Lines of credit 2,685 0
Deferred income tax liability 25,153 27,108
Deferred gain on sale 24,928 26,440
Deferred retirement obligations, net of current portion 4,052 4,123
Total liabilities 245,827 253,813
Commitments and Contingencies (Note 16)
Stockholders' equity:    
Preferred stock, no par value, 1,000,000 shares authorized; none issued 0 0
Common stock, $1.00 par value, 15,000,000 shares authorized; 8,416,145 and 8,416,145 shares issued and 8,199,957 and 8,238,830 shares outstanding at September 30, 2018 and 2017, respectively 8,416 8,416
Additional paid in capital 20,126 18,694
Treasury stock, at cost, 216,188 and 177,315 shares held at September 30, 2018 and 2017, respectively (7,536) (6,502)
Retained earnings 151,111 140,033
Total Alico stockholders' equity 172,117 160,641
Noncontrolling interest 5,478 4,728
Total stockholders' equity 177,595 165,369
Total liabilities and stockholders' equity $ 423,422 $ 419,182

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