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Segment Information
 12 Months Ended
Oct. 31, 2011
Segment Information [Abstract]  
Segment Information

11. Segment Information

We report our operations in two different business segments: Fresh products and Calavo Foods. These two business segments are presented based on how information is used by our Chief Executive Officer to measure performance and allocate resources. The Fresh products segment includes all operations that involve the distribution of avocados and other fresh produce products. The Calavo Foods segment represents all operations related to the purchase, manufacturing, and distribution of prepared products, including guacamole, tortilla chips, salsa, fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli meat products. Additionally, selling, general and administrative expenses, as well as other non-operating income/expense items, are evaluated by our Chief Executive Officer in the aggregate. We do not allocate assets, or specifically identify them to, our operating segments. The following table sets forth sales by product category, by segment (in thousands):

 

                         
    Fresh
products		     Calavo
Foods (1)		     Total  
    (All amounts are presented in thousands)  

Year ended October 31, 2011 (1)

                        

Net sales

   $ 420,658     $ 101,871     $ 522,529  

Cost of sales

     388,820       90,848       479,668  
   

 

 

    

 

 

    

 

 

  

Gross margin

   $ 31,838     $ 11,023     $ 42,861  
   

 

 

    

 

 

    

 

 

  

Year ended October 31, 2010

                        

Net sales

   $ 348,052     $ 50,299     $ 398,351  

Cost of sales

     309,609       37,212       346,821  
   

 

 

    

 

 

    

 

 

  

Gross margin

   $ 38,443     $ 13,087     $ 51,530  
   

 

 

    

 

 

    

 

 

  

Year ended October 31, 2009

                        

Net sales

   $ 300,235     $ 44,530     $ 344,765  

Cost of sales

     271,159       29,073       300,232  
   

 

 

    

 

 

    

 

 

  

Gross margin

   $ 29,076     $ 15,457     $ 44,533  
   

 

 

    

 

 

    

 

 

  

 

(1) Includes net sales and gross margin of $56.7 million and $4.3 million in fiscal 2011 related to the recently acquired business RFG. See Note 17 for additional information related to the acquisition of RFG.

For fiscal years 2011, 2010 and 2009, inter-segment sales and cost of sales of $50.1 million, $21.1 million, and $21.9 million were eliminated in consolidation.

 

The following table sets forth sales by product category, by segment (in thousands):

 

                                                 
    Year ended October 31, 2011     Year ended October 31, 2010  
    Fresh
products		     Calavo
Foods (1)		     Total     Fresh
products		     Calavo
Foods		     Total  

Third-party sales:

                                                

Avocados

   $ 376,104     $ —       $ 376,104     $ 287,808     $ —       $ 287,808  

Tomatoes

     23,903       —         23,903       41,595       —         41,595  

Papayas

     13,245       —         13,245       11,278       —         11,278  

Pineapples

     4,278       —         4,278       3,838       —         3,838  

Other Fresh products

     3,276       —         3,276       3,617       —         3,617  

Calavo Foods - food service

     —         37,431       37,431       —         40,654       40,654  

Calavo Foods - retail and club (1)

     —         73,924       73,924       —         17,473       17,473  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total gross sales

     420,806       111,355       532,161       348,136       58,127       406,263  

Less sales incentives

     (148 )      (9,484 )      (9,632 )      (84 )      (7,828 )      (7,912 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net sales

   $ 420,658     $ 101,871     $ 522,529     $ 348,052     $ 50,299     $ 398,351  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
     
    Year ended October 31, 2010     Year ended October 31, 2009  
    Fresh
products		     Calavo
Foods		     Total     Fresh
products		     Calavo
Foods		     Total  

Third-party sales:

                                                

Avocados

   $ 287,808     $ —       $ 287,808     $ 259,558     $ —       $ 259,558  

Tomatoes

     41,595       —         41,595       14,067       —         14,067  

Papayas

     11,278       —         11,278       9,118       —         9,118  

Pineapples

     3,838       —         3,838       13,341       —         13,341  

Other Fresh products

     3,617       —         3,617       4,219       —         4,219  

Calavo Foods - food service

     —         40,654       40,654       —         36,493       36,493  

Calavo Foods - retail and club

     —         17,473       17,473       —         15,554       15,554  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total gross sales

     348,136       58,127       406,263       300,303       52,047       352,350  

Less sales incentives

     (84 )      (7,828 )      (7,912 )      (68 )      (7,517 )      (7,585 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net sales

   $ 348,052     $ 50,299     $ 398,351     $ 300,235     $ 44,530     $ 344,765  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

(1) Includes net sales of $56.7 million in fiscal 2011 related to the recently acquired business Renaissance Food Group, LLC (RFG). See Note 17 for additional information related to the acquisition of RFG.

Net sales to third parties by segment exclude inter-segment sales and cost of sales. For fiscal years 2011, 2010, and 2009, inter-segment sales and cost of sales for Fresh products totaling $15.8 million, $11.7 million and $14.1 million were eliminated. For fiscal years 2011, 2010, and 2009, inter-segment sales and cost of sales for Calavo Foods totaling $34.3 million $9.4 million, and $7.8 million were eliminated.

Sales to customers outside the United States were approximately $24.3 million, $24.3 million and $16.3 million for fiscal years 2011, 2010, and 2009.

Long-lived assets attributed to geographic areas as of October 31, are as follows (in thousands):

 

                         
    United States     Mexico     Consolidated  

2011

   $ 30,494     $ 16,597     $ 47,091  

2010

   $ 24,816     $ 16,243     $ 41,059