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Orange-Co Acquisition (Tables) | 6 Months Ended
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Mar. 31, 2015
Orange-Co Acquisition [Abstract] |
Schedule of Assets Acquired |
Asset acquisition |  |  |
(in thousands) |  | Amount |
Assets |  |  |
Accounts receivable | $ | 888 |
Other current assets |  | 845 |
Inventories |  | 35,562 |
Property, Buildings and Equipment: |  |  |
Equipment and other facilities |  | 13,432 |
Land |  | 63,337 |
Citrus trees |  | 164,053 |
Goodwill |  | 1,146 |
Other assets |  | 2,344 |
Total assets, net of cash acquired | $ | 281,607 |
Liabilities |  |  |
Accounts payable and accrued liabilities | $ | 4,087 |
Term loan |  | 500 |
Payable to seller |  | 7,500 |
Total liabilities assumed | $ | 12,087 |
Assets acquired less liabilities assumed | $ | 269,520 |
Less: fair value attributable to noncontrolling interest |  | (4,933 | )
Total purchase consideration | $ | 264,587 |
Cash proceeds from sugarcane disposition | $ | 97,126 |
Working capital line of credit |  | 27,775 |
Term loans |  | 139,686 |
Total purchase consideration | $ | 264,587 |
Schedule of Pro-Forma Information |
| Three Months Ended March 31, |  |  | Six Months Ended March 31,
(in thousands except per share amount) | 2015 |  | 2014 |  |  | 2015 |  |  | 2014
Revenues | $ | 55,122 |  | $ | 66,326 |  |  | $ | 71,828 |  | $ | 89,856 |
Income from operations | $ | 6,698 |  | $ | 17,073 |  |  | $ | 3,865 |  | $ | 17,641 |
Net income attributable to common shareholder | $ | 2,794 |  | $ | 9,902 |  |  | $ | 10,065 |  | $ | 9,435 |
Basic earnings per common share | $ | 0.34 |  | $ | 1.35 |  |  | $ | 1.29 |  | $ | 1.29 |
Diluted earnings per common share | $ | 0.34 |  | $ | 1.35 |  |  | $ | 1.29 |  | $ | 1.28 |

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- Definition Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(2)-(3) -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 + Details
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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463 + Details
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