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Selected Quarterly Financial Data (unaudited) (Tables) | 12 Months Ended
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Sep. 30, 2018
Quarterly Financial Information Disclosure [Abstract] |
Schedule of Quarterly Financial Data | Summarized quarterly financial data for the fiscal years ended September 30, 2018, and 2017 are computed independently each quarter, therefore, the sum of the quarter amounts may not equal the total amount for the respective year due to rounding as follows:
(in thousands, except per share amounts) | Fiscal Quarter Ended
| December 31, |  | March 31, |  | June 30, |  | September 30,
| 2017 | 2016 |  | 2018 | 2017 |  | 2018 | 2017 |  | 2018 | 2017
Total operating revenue | $ | 17,533 |  | $ | 17,445 |  |  | $ | 35,600 |  | $ | 56,200 |  |  | $ | 26,517 |  | $ | 51,518 |  |  | $ | 1,631 |  | $ | 4,666 |
Total operating expenses | 16,951 |  | 14,692 |  |  | 27,767 |  | 41,684 |  |  | 14,603 |  | 36,510 |  |  | (3,633 | ) | 28,013 |
Gross profit | 582 |  | 2,753 |  |  | 7,833 |  | 14,516 |  |  | 11,914 |  | 15,008 |  |  | 5,264 |  | (23,347 | )
General and administrative | 3,886 |  | 3,788 |  |  | 3,073 |  | 3,399 |  |  | 2,955 |  | 3,709 |  |  | 5,144 |  | 4,128 |
Other (expense) income, net | (375 | ) | (1,981 | ) |  | (2,140 | ) | (912 | ) |  | 5,074 |  | (2,162 | ) |  | 96 |  | (2,193 | )
Income (loss) before income taxes | (3,679 | ) | (3,016 | ) |  | 2,620 |  | 10,205 |  |  | 14,033 |  | 9,137 |  |  | 216 |  | (29,668 | )
Income tax expense (benefit) | (12,417 | ) | (1,273 | ) |  | 8,150 |  | 4,321 |  |  | 4,941 |  | 3,665 |  |  | (284 | ) | (10,559 | )
Net income (loss) | 8,738 |  | (1,743 | ) |  | (5,530 | ) | 5,884 |  |  | 9,092 |  | 5,472 |  |  | 500 |  | (19,109 | )
Net loss attributable to noncontrolling interests | 8 |  | 8 |  |  | 16 |  | (51 | ) |  | 8 |  | 7 |  |  | 218 |  | 81 |
Net income (loss) attributable to Alico Inc. common stockholders | $ | 8,746 |  | $ | (1,735 | ) |  | $ | (5,514 | ) | $ | 5,833 |  |  | $ | 9,100 |  | $ | 5,479 |  |  | $ | 718 |  | $ | (19,028 | )
Earnings per share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 1.06 |  | $ | (0.21 | ) |  | $ | (0.67 | ) | $ | 0.70 |  |  | $ | 1.11 |  | $ | 0.66 |  |  | $ | 0.09 |  | $ | (2.29 | )
Diluted | $ | 1.05 |  | $ | (0.21 | ) |  | $ | (0.67 | ) | $ | 0.70 |  |  | $ | 1.09 |  | $ | 0.66 |  |  | $ | 0.09 |  | $ | (2.29 | )
Note - Total operating expenses for the fiscal quarter ended September 30, 2017 include an inventory casualty loss and net realizable value adjustment of approximately $14,688,000 and impairments of long-lived assets of approximately $9,346,000. Total operating expenses for the fiscal quarter ended June 30, 2018 include insurance proceeds relating to Hurricane Irma of $477,000 for property and casualty damage claims and $3,726,000 for crop claims. Total operating expenses for the fiscal quarter ended September 30, 2018 included insurance proceeds relating to the Hurricane Irma of $5,226,000 for crop damage claims (see Note 3. “Inventories”, Note 4. “Assets Held For Sale” and Note 5. “Property and Equipment, Net” for further information)

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- Definition Tabular disclosure of quarterly financial data. Includes, but is not limited to, financial information for fiscal quarters, cumulative effect of a change in accounting principle and earnings per share data. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=109225645&loc=d3e1280-108306 + Details
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