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Stock-based compensation
 9 Months Ended
Jul. 31, 2011
Stock-based compensation [Abstract]  
Stock-based compensation
7. Stock-based compensation
     In April 2011, our shareholders approved the Calavo Growers, Inc. 2011 Management Incentive Plan (the “2011 Plan”). All directors, officers, employees and consultants (including prospective directors, officers, employees and consultants) of Calavo and its subsidiaries are eligible to receive awards under the 2011 Plan. Up to 1,500,000 shares of common stock may be issued by Calavo under the 2011 Plan. As a result of such new plan, no new awards will be made under our 2005 Stock Incentive Plan.
     The 2005 Stock Incentive Plan, was a stock-based compensation plan, under which employees and directors may be granted options to purchase shares of our common stock. We anticipate terminating such plan in the near future.
     Stock options are granted with exercise prices of not less than the fair market value at grant date, generally vest over one to five years and generally expire two to five years after the grant date. We settle stock option exercises with newly issued shares of common stock.
     We measure compensation cost for all stock-based awards at fair value on the date of grant and recognize compensation expense in our consolidated statements of operations over the service period that the awards are expected to vest. We measure the fair value of our stock based compensation awards on the date of grant.
     A summary of stock option activity, related to our 2005 Stock Incentive Plan, is as follows (in thousands, except for per share amounts):
                         
            Weighted-Average     Aggregate  
    Number of Shares     Exercise Price     Intrinsic Value  
Outstanding at October 31, 2010
    87     $ 13.89          
Exercised
    (15 )   $ 14.58          
 
                     
Outstanding at July 31, 2011
    72     $ 13.75     $ 525  
 
                   
Exercisable at July 31, 2011
    31     $ 12.69     $ 259  
 
                   
     At July 31, 2011, outstanding stock options had a weighted-average remaining contractual term of 5.3 years. At July 31, 2011, exercisable stock options had a weighted-average remaining contractual term of 3.4 years. The total recognized stock-based compensation expense was insignificant for the three and nine months ended July 31, 2011.
     A summary of stock option activity, related to our 2011 Management Incentive Plan, is as follows (in thousands, except for per share amounts):
                         
            Weighted-Average     Aggregate  
    Number of Shares     Exercise Price     Intrinsic Value  
Granted
    60     $ 21.82          
Outstanding at July 31, 2011
    60     $ 21.82          
 
                     
Exercisable at July 31, 2011
    —     $ —     $ —  
 
                   
 
                  $ —  
 
                     
     At July 31, 2011, outstanding stock options had a weighted-average remaining contractual term of 0.7 years. The total recognized stock-based compensation expense was $0.1 million for the three and nine months ended July 31, 2011.