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Segment Information
3 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
Segment Information Segment Information
Segments
Total revenues represent sales to unaffiliated customers, as reported in the Condensed Consolidated Statements of Operations. Goods and services produced by these segments are sold to wholesalers and processors in the United States, who prepare the products for consumption. The Company evaluates the segments’ performance based on direct margins (gross profit) from operations before general and administrative expenses, interest expense, other income (expense) and income taxes, not including nonrecurring gains and losses.
Information by operating segment is as follows:
(in thousands)Three Months Ended
December 31,
20232022
Revenues:
Alico Citrus$13,592 $10,268 
Land Management and Other Operations393 320 
Total revenues13,985 10,588 
Operating expenses:
Alico Citrus28,107 14,295 
Land Management and Other Operations133 94 
Total operating expenses28,240 14,389 
Gross profit:
Alico Citrus(14,515)(4,027)
Land Management and Other Operations260 226 
Total gross profit$(14,255)$(3,801)
Depreciation, depletion and amortization:
Alico Citrus$3,727 $3,827 
Land Management and Other Operations20 
Other Depreciation, Depletion and Amortization57 114 
Total depreciation, depletion and amortization$3,804 $3,950 
(in thousands)December 31,
2023
September 30,
2023
Assets:
Alico Citrus$429,466 $415,030 
Land Management and Other Operations10,257 11,722 
Other Corporate Assets1,486 1,601 
Total Assets$441,209 $428,353