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Segment Information | 12 Months Ended
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Sep. 30, 2018
Segment Reporting [Abstract] |
Segment Information | Segment Information Segments Operating segments are defined in the criteria established under the Financial Accounting Standards Board - Accounting Standards Codification (“FASB ASC”) Topic 280 as components of public entities that engage in business activities from which they may earn revenues and incur expenses for which separate financial information is available and which is evaluated regularly by the Company’s chief operating decision maker (“CODM”) in deciding how to assess performance and allocate resources. The Company’s CODM assesses performance and allocates resources based on two operating segments: Alico Citrus and Water Resources and Other Operations. Total revenues represent sales to unaffiliated customers, as reported in the 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) | Fiscal Year Ended September 30,
| 2018 |  | 2017 |  | 2016
Revenues: |  |  |  |  |
Alico Citrus | $ | 78,121 |  |  | $ | 123,441 |  |  | $ | 137,282 |
Water Resources and Other Operations | 3,160 |  |  | 6,388 |  |  | 6,914 |
Total revenues | 81,281 |  |  | 129,829 |  |  | 144,196 |
Operating expenses: |  |  |  |  |
Alico Citrus | 51,709 |  |  | 111,947 |  |  | 102,347 |
Water Resources and Other Operations | 3,979 |  |  | 8,952 |  |  | 6,790 |
Total operating expenses | 55,688 |  |  | 120,899 |  |  | 109,137 |
Gross profit (loss): |  |  |  |  |
Alico Citrus | 26,412 |  |  | 11,494 |  |  | 34,935 |
Water Resources and Other Operations | (819 | ) |  | (2,564 | ) |  | 124 |
Total gross profit (loss) | $ | 25,593 |  |  | $ | 8,930 |  |  | $ | 35,059 |
Capital expenditures: |  |  |  |  |
Alico Citrus | $ | 15,968 |  |  | $ | 11,738 |  |  | $ | 10,393 |
Water Resources and Other Operations | 304 |  |  | 646 |  |  | 2,293 |
Other Capital Expenditures | 80 |  |  | 969 |  |  | 1,619 |
Total capital expenditures | $ | 16,352 |  |  | $ | 13,353 |  |  | $ | 14,305 |
Depreciation, depletion and amortization: |  |  |  |  |
Alico Citrus | $ | 13,467 |  |  | $ | 14,054 |  |  | $ | 13,982 |
Water Resources and Other Operations | 219 |  |  | 652 |  |  | 932 |
Other Depreciation, Depletion and Amortization | 70 |  |  | 520 |  |  | 468 |
Total depreciation, depletion and amortization | $ | 13,756 |  |  | $ | 15,226 |  |  | $ | 15,382 |
(in thousands) | September 30,
| 2018 |  | 2017
Assets: |  |  |
Alico Citrus | $ | 405,752 |  |  | $ | 387,972 |
Water Resources and Other Operations | 15,904 |  |  | 24,819 |
Other Corporate Assets | 1,766 |  |  | 6,391 |
Total Assets | $ | 423,422 |  |  | $ | 419,182 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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