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Segment Information | 12 Months Ended
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Sep. 30, 2012
Segment Information [Abstract] |
Segment Information | Note 15. Segment Information Segments The Company is organized into six operating segments which span our five lines of business. The operating segments are strategic business units that offer different products and services. They are managed separately and decisions about allocation of resources are determined by our management team based on these strategic business units. The operating segments are as follows:
| · | Citrus Groves include activities related to planting, cultivating and/or managing citrus groves in order to produce fruit for delivery to fresh and processed citrus markets.
| · | Alico Fruit Company, LLC ("Alico Fruit") (formerly "Bowen Brothers Fruit Company, LLC") includes activities related to agricultural value-added services which include contact for harvesting, hauling and marketing and the purchase and resale of fruit.
| · | Sugarcane includes activities related to planting, cultivating and/or managing sugarcane fields in order to produce sugarcane for sale to a sugar processor.
| · | Cattle include the production of beef cattle for sale.
| · | Land Leasing and Rental includes the leasing of land to others on a tenant-at-will basis for grazing, farming, oil and mineral exploration and recreational uses.
| · | Other Operations consists of insignificant operations that do not otherwise fit within the other five defined operating segments.
Intersegment sales and transfers are accounted by the Company as if the sales or transfers were to third parties at current market prices. 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 from operations before general and administrative costs, interest expense and income taxes not including nonrecurring gains and losses. The accounting policies of the segments are the same as those described in Note 2, Basis of Presentation and Summary of Significant Accounting Policies. Total revenues represent sales to unaffiliated customers, as reported in the Company's Consolidated Statements of Operations. All intercompany transactions have been eliminated. Lines of Business The Company operates five lines of business related to our various land holdings. The lines of business are as follows:
| · | Citrus Groves include activities related to planting, owning, cultivating and/or managing citrus groves on prepared grove land in order to produce fruit for sale to fresh and processed citrus markets.
| · | Improved Farmland includes activities related to planting, owning, cultivating, managing and/or leasing improved farmland. Improved farmland is acreage that has been recovered from native pasture and which has various improvements including irrigation, drainage and roads.
| · | Ranch and Conservation includes activities related to cattle grazing and management, sod, native plant and animal sales, leasing, management and/or conservation of unimproved native pastureland.
| · | Agricultural Supply Chain Management and Support includes activities related to value-added services which include contracting for harvesting, marketing and hauling and the purchase and resale of fruit.
| · | Other Operations include activities related to rock and sand mining, oil exploration and other insignificant lines of business.
Information by business segment is as follows:
(dollars in thousands) |  | For the Year Ended September 30, 2012
|  | Citrus Groves |  | Agricultural Supply Chain Management |  | Improved Farmland |  | Ranch and Conservation |  | Other Operations |  | Intra-Company Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  | $ | - |  |  | $ | 60,154 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | (11,820 | ) |  | $ | 48,334 |
Citrus Groves |  |  | 55,423 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 55,423 |
Sugarcane |  |  | - |  |  |  |  |  |  |  | 14,442 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 14,442 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5,894 |  |  |  | - |  |  |  | - |  |  |  | 5,894 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 874 |  |  |  | 1,067 |  |  |  | 480 |  |  |  | - |  |  |  | 2,421 |
Other operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 387 |  |  |  | 286 |  |  |  | - |  |  |  | 673 |
Total operating revenue |  |  | 55,423 |  |  |  | 60,154 |  |  |  | 15,316 |  |  |  | 7,348 |  |  |  | 766 |  |  |  | (11,820 | ) |  |  | 127,187 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 59,513 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (11,820 | ) |  |  | 47,693 |
Citrus Groves |  |  | 30,995 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 30,995 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 11,127 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 11,127 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,188 |  |  |  | - |  |  |  | - |  |  |  | 3,188 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 447 |  |  |  | 309 |  |  |  | 301 |  |  |  | - |  |  |  | 1,057 |
Other operations(a) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 895 |  |  |  | - |  |  |  | 895 |
Total operating expenses |  |  | 30,995 |  |  |  | 59,513 |  |  |  | 11,574 |  |  |  | 3,497 |  |  |  | 1,196 |  |  |  | (11,820 | ) |  |  | 94,955 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 641 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 641 |
Citrus Groves |  |  | 24,428 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 24,428 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 3,315 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,315 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 2,706 |  |  |  | - |  |  |  | - |  |  |  | 2,706 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 427 |  |  |  | 758 |  |  |  | 179 |  |  |  | - |  |  |  | 1,364 |
Other operations(a) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 387 |  |  |  | (609 | ) |  |  | - |  |  |  | (222 | )
Gross profit |  | $ | 24,428 |  |  | $ | 641 |  |  | $ | 3,742 |  |  | $ | 3,851 |  |  | $ | (430 | ) |  | $ | - |  |  | $ | 32,232 |
(dollars in thousands) |  | For the Year Ended September 30, 2011
|  | Citrus Groves |  | Agricultural Supply Chain Management |  | Improved Farmland |  | Ranch and Conservation |  | Other Operations |  | Intra-Company Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  | $ | - |  |  | $ | 45,794 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | (9,679 | ) |  | $ | 36,115 |
Citrus Groves |  |  | 47,088 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 47,088 |
Sugarcane |  |  | - |  |  |  |  |  |  |  | 7,796 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 7,796 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,613 |  |  |  | - |  |  |  | - |  |  |  | 4,613 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 846 |  |  |  | 1,096 |  |  |  | 490 |  |  |  | - |  |  |  | 2,432 |
Other operations |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 306 |  |  |  | 242 |  |  |  | - |  |  |  | 548 |
Total operating revenue |  |  | 47,088 |  |  |  | 45,794 |  |  |  | 8,642 |  |  |  | 6,015 |  |  |  | 732 |  |  |  | (9,679 | ) |  |  | 98,592 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 44,788 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (9,679 | ) |  |  | 35,109 |
Citrus Groves |  |  | 27,764 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 27,764 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 6,834 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 6,834 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,178 |  |  |  | - |  |  |  | - |  |  |  | 3,178 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 509 |  |  |  | 378 |  |  |  | 333 |  |  |  | - |  |  |  | 1,220 |
Other operations(a) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 84 |  |  |  | 970 |  |  |  | - |  |  |  | 1,054 |
Total operating expenses |  |  | 27,764 |  |  |  | 44,788 |  |  |  | 7,343 |  |  |  | 3,640 |  |  |  | 1,303 |  |  |  | (9,679 | ) |  |  | 75,159 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 1,006 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,006 |
Citrus Groves |  |  | 19,324 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 19,324 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 962 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 962 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,435 |  |  |  | - |  |  |  | - |  |  |  | 1,435 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 337 |  |  |  | 718 |  |  |  | 157 |  |  |  | - |  |  |  | 1,212 |
Other operations(a) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 222 |  |  |  | (728 | ) |  |  | - |  |  |  | (506 | )
Gross profit |  | $ | 19,324 |  |  | $ | 1,006 |  |  | $ | 1,299 |  |  | $ | 2,375 |  |  | $ | (571 | ) |  | $ | - |  |  | $ | 23,433 |
(dollars in thousands) |  | For the Year Ended September 30, 2010
|  | Citrus Groves |  | Agricultural Supply Chain Management |  | Improved Farmland |  | Ranch and Conservation |  | Other Operations |  | Intra-Company Eliminations |  | Total
Revenues |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  | $ | - |  |  | $ | 36,796 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | (7,900 | ) |  | $ | 28,896 |
Citrus Groves |  |  | 36,469 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 36,469 |
Sugarcane |  |  | - |  |  |  |  |  |  |  | 4,097 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,097 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4,035 |  |  |  | - |  |  |  | - |  |  |  | 4,035 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 895 |  |  |  | 1,040 |  |  |  | 422 |  |  |  | - |  |  |  | 2,357 |
Other operations(a)(b) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 257 |  |  |  | 3681 |  |  |  | - |  |  |  | 3,938 |
Total operating revenue |  |  | 36,469 |  |  |  | 36,796 |  |  |  | 4,992 |  |  |  | 5,332 |  |  |  | 4,103 |  |  |  | (7,900 | ) |  |  | 79,792 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 36,069 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | (7,900 | ) |  |  | 28,169 |
Citrus Groves |  |  | 25,730 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 25,730 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 3,707 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,707 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,772 |  |  |  | - |  |  |  | - |  |  |  | 3,772 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 426 |  |  |  | 309 |  |  |  | 368 |  |  |  | - |  |  |  | 1,103 |
Other operations(a)(b) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 241 |  |  |  | 7,147 |  |  |  | - |  |  |  | 7,388 |
Total operating expenses |  |  | 25,730 |  |  |  | 36,069 |  |  |  | 4,133 |  |  |  | 4,322 |  |  |  | 7,515 |  |  |  | (7,900 | ) |  |  | 69,869 |
Gross profit: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  |  | - |  |  |  | 727 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 727 |
Citrus Groves |  |  | 10,739 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 10,739 |
Sugarcane |  |  | - |  |  |  | - |  |  |  | 390 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 390 |
Cattle |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 263 |  |  |  | - |  |  |  | - |  |  |  | 263 |
Land leasing and rentals |  |  | - |  |  |  | - |  |  |  | 469 |  |  |  | 731 |  |  |  | 54 |  |  |  | - |  |  |  | 1,254 |
Other operations(a)(b) |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 16 |  |  |  | (3,466 | ) |  |  | - |  |  |  | (3,450 | )
Gross profit |  | $ | 10,739 |  |  | $ | 727 |  |  | $ | 859 |  |  | $ | 1,010 |  |  | $ | (3,412 | ) |  | $ | - |  |  | $ | 9,923 |
| (a) | Other operations include the former real estate segment. During the fourth quarter of fiscal year 2012, management changed its business strategy in regards to Alico Land Development Co., which operated the real estate segment. The President terminated employment and operations are winding down.
| (b) | Other operations include vegetables which operations were terminated in June of 2010.
(dollars in thousands) |  | Year ended September 30
|  | 2012 |  | 2011 |  | 2010
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  | $ | 388 |  |  | $ | 65 |  |  | $ | 373 |
Citrus Groves |  |  | 1,562 |  |  |  | 2,102 |  |  |  | 1,273 |
Sugarcane |  |  | 10,482 |  |  |  | 4,633 |  |  |  | 3,586 |
Cattle |  |  | 741 |  |  |  | 1,214 |  |  |  | 1,260 |
Land leasing and rentals |  |  | - |  |  |  | 16 |  |  |  | 62 |
Segment capital expenditures |  |  | 13,173 |  |  |  | 8,030 |  |  |  | 6,554 |
Other capital expenditures |  |  | 2,748 |  |  |  | 4,235 |  |  |  | 1,649 |
Total capital expenditures |  | $ | 15,921 |  |  | $ | 12,265 |  |  | $ | 8,203 |
Depreciation, depletion and amortization: |  |  |  |  |  |  |  |  |  |  |  |
Alico Fruit |  | $ | 223 |  |  | $ | 213 |  |  | $ | 315 |
Citrus Groves |  |  | 2,088 |  |  |  | 1,977 |  |  |  | 2,021 |
Sugarcane |  |  | 4,051 |  |  |  | 2,873 |  |  |  | 1,713 |
Cattle |  |  | 992 |  |  |  | 937 |  |  |  | 1,292 |
Land leasing and rentals |  |  | 427 |  |  |  | 481 |  |  |  | 546 |
Total segment depreciation, depletion and amortization |  |  | 7,781 |  |  |  | 6,481 |  |  |  | 5,887 |
Other depreciation, depletion and amortization |  |  | 648 |  |  |  | 846 |  |  |  | 1,334 |
Total depreciation, depletion and amortization |  | $ | 8,429 |  |  | $ | 7,327 |  |  | $ | 7,221 |
(dollars in thousands) |  | September 30
|  | 2012 |  | 2011
Total assets: |  |  |  |  |  |  |  |
Alico Fruit |  | $ | 2,066 |  |  | $ | 2,888 |
Citrus Groves |  |  | 47,154 |  |  |  | 45,554 |
Sugarcane |  |  | 63,916 |  |  |  | 53,213 |
Cattle |  |  | 11,274 |  |  |  | 12,310 |
Land leasing and rentals |  |  | 4,905 |  |  |  | 5,524 |
Segment assets |  |  | 129,315 |  |  |  | 119,489 |
Other assets (b) |  |  | 55,768 |  |  |  | 60,546 |
Total assets |  | $ | 185,083 |  |  | $ | 180,035 |
| (a) | The September 30, 2011 balance includes $6,600,000 for a foreclosed parcel of property; the property was subsequently sold and closed on July 25, 2012 and October 3, 2012. See Note 7, Property, Building and Equipment, Net and Note 18. Subsequent Events.

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