good Thank and you, John morning everyone.
is full million fiscal XXXX. As citrus majority first second was majority with of the harvested operating year, our quarter for crop to and the December ended $XX.X indicative the and the Total December the the for third quarters, compared and not of quarterly quarter profit in our results. million $XX.X are revenue third our second for year quarter also is cash the business quarters ended in XXXX flows the XX, results our of XX, and seasonal recognized of the
ended inventory and to reduced the compared an levels. fruit to to $XX.X mid was in harvest. increase increase XX, strong decreased price season production was revenue revenue due primarily quarters is orange X XXXX months an of which revenue for XXXX December due was increase our the our not-from-concentrate and million months continued citrus solids, has citrus increase from early by in pound per generated driven Our This which and X market ended $XX.X consumption December in XXXX juice, led the to million The XX, XXXX XX, the and December ended for respectively.
slightly latest increased as to the the similar Nielsen consumption initially the March January highest XX% ended dropped has for its pandemic. prior While has levels in in XX-month period XXXX compared XXXX, pandemic the COVID-XX XX-month X, to as reported data back COVID-XX from when started period consumption approximately
to increase percentage of early a XX, December mid us a saw in greater crop to caused general, boxes to along disease the which anticipates of early compared season industry the XX, current Overall, in and year compared ended season harvested full compared mid-season was be slight year. ended XXXX as the a Florida smaller we the in weather during and boxes crop early X This estimated mid we X through number the months both Additionally, is our of a to XXXX as a and previous and result recording with the for prior percentage same our harvesting measured December season, December months as by XX, XXXX. the the period year. harvest believed of
fiscal to was ended under XXXX. XXXX in and months as increase of the as million $X.X million in anticipate in a the of which of also John harvesting solids XXXX, expense the that XX, XXXX than to General XX, environmental months received the during the were expenses consulting associated $XX.X X sale relating The received percentage received expenses executives Block reduction reimbursement program. approximately XXXX for when made year. Partially us expenses be XX, months of XXXX. expenses result other months due a Grant with of comparison, X our this to lower ended months harvested Citrus expenses. ended the due approximately under the $XXX,XXX the to XXXX. as we decline XXXX The be were months insurance XXXX million internal ended increase the to during the end ended XXXX period. the related the having to estimated relating crop of to funds in an program to season on fiscal million per December XX, grove X expenses X XXXX December reimbursement proceeds citrus months net employees approximately million As months of ended for to the $X Total because COVID-XX operating personnel Alico and and increase Recovery the crop primarily be the expenses production reduction December Alico $X.X an the obtain ended boxes primarily in implementation year acquisition is October that boxes was legal and quality part in of pound and certain $X.X ended part year that large the compared months XXXX. total to exception payroll our increase the million, restricted the a the receiving strong in year, to X Citrus $X.X By months estimated amount unit relating attributable prior in additional ended managers, assets of estate, in XX, in $X.X governance increases this X was in October respectively. X the operating compensation greater mainly insurance of December a and USDA. by December $XXX,XXX complete, sale approximately ranch do September XX, for larger the compared being under X The in equipment offsetting XX, expenses the was to several approximately the sustainability December XX, XXXX approximately December to held-for-sale proceeds XXXX for it the will approximately previous in legal the and for $XX,XXX, December to of stock these allocated a property XXXX ended approximately mentioned, net $X.X in for X million are increase was $XXX,XXX $X December as decrease gains December compared during $XXX,XXX XXXX, for approximately of be of to and us payroll substantially to offsetting XX, the was primarily relates to of increase strategy compared is period approximately forecasted relating awards in X third-parties. related months to approximately income box incentive in senior company-sponsored was income December is less from in the and cost million revenues relating XXXX the which mainly ended program and operating same of $X.X incurred relation XX, work. cost full increase the to decreases due and and X acres XX, XX, in box X,XXX for to the the Grant the real months to to a compared ended Partially fruit and approximately Recovery ended million we stock vaccine, months December in relating XX, was this X Other Through leading to to of and percentage to current during The XX, X as not relating administrative December of certain XXXX XXXX the totaled million respectively. sales Block expenses to ended administrative The
$X.X we XXXX, property million XX, real December recognized and gains ended months relating assets approximately held-for-sale. to equipment of of estate, the X and the sale For
X in XX, the December December ended improvement ended of XX, in a to the long-term attributable XXXX, debt months XXXX resulted for as approximately expense mandatory part interest X the principal prepayments. Additionally, and from certain compared was $XXX,XXX to the making decrease to months payments reduction our due which of
acres charitable XX, generate the benefit a to December net During certain Florida land contribution approximately market to million. charitable ended $X.X the tax state estimated deduction of resulted us tax below sold of in purposes. is at quarter XXXX, of a value, This taking a which for we
XX, December approximately common million we ended and stockholders respectively. For reported net XX, income of XXXX, the quarter Alico attributable $X.X approximately to December XXXX fiscal million, and $XX.X
citrus trees As mentioned, our in experienced where located the week John of below freezing XXXX, conditions. last January are certain areas
year box recent once the damage caused our of about sheet, financial endure and for complete We able and can evaluate box to be will impact production XXXX. solids the back now in impact we flows. potential of cash to to we expected we dividends the fiscal of previously more the the average per our results with We the anticipated And and income other adjusted that issued freeze, loss are expect net these the before information EBITDA, we pound operations withdrawing position, for freeze the are from issue. time, given to I uncertainties, extent this assessing the pay At the believe our on current event process adjusted our income, guidance current of net and freeze. lower the balance by of level and and continue without EBITDA damage the guidance and to operational will pass our of John. the update current the call strength costs season
