Other Income
3 Months Ended
Dec. 31, 2011
Other Income [Abstract]  
Other Income

8. OTHER INCOME

Other income included the following (in thousands of dollars):

 

     Three Months Ended
December 31,
 
     2011     2010  

Equity Earnings in investment in

    

Wholesome Sweeteners, Inc.

     1,381        (1,192 )

Comercializadora Santos Imperial S. de R.L. de C.V.

   $ —        $ 177   

Louisiana Sugar Refining, LLC

     —          406   

Other

     (23     —     

Other

     (56 )     (76 )
  

 

 

   

 

 

 

Total

   $ 1,302      $ (685 )
  

 

 

   

 

 

 

 

The Company sold its investment in Commercializadora Santos Imperial S. de R.L. de C.V. and Louisiana Sugar Refining, LLC during the quarter ended December 31, 2011. Equity earnings in Wholesome Sweeteners for the quarter ended December 31, 2010 includes a $2.4 million adjustment to the carrying value of Imperial's investment to reflect the increased value of Wholesome's management incentive shares. Summarized financial information for Wholesome Sweeteners for the quarters ended December 31, 2011 and 2010 was as follows (in thousands of dollars):

 

     Wholesome Sweeteners, Inc.  
     2011      2010  

Net Sales

   $ 41,028       $ 30,731   

Gross Margin

   $ 10,145       $ 7,361   

Operating Income

   $ 6,796       $ 4,545   

Net Income

   $ 4,376       $ 2,619