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Basis of Presentation and Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 31, 2012
Basis of Presentation and Significant Accounting Policies [Abstract]  
Financial statements of consignment arrangements

Amounts recorded for each of the fiscal years ended October 31, 2012, 2011 and 2010 in the financial statements pursuant to consignment arrangements are as follows (in thousands):

 

                         
    2012     2011     2010  

Sales

   $ 28,297     $ 38,327     $ 54,736  

Cost of Sales

     25,893       34,859       48,713  
   

 

 

    

 

 

    

 

 

  

Gross Margin

   $ 2,404     $ 3,468     $ 6,023  
   

 

 

    

 

 

    

 

 

  
Reconciles shareholders' equity attributable to noncontrolling interest

The following table reconciles shareholders’ equity attributable to noncontrolling interest (in thousands):

 

                 
    Year ended
October 31, 2012		     Year ended
October 31, 2011		  

Noncontrolling interest, beginning

   $ 462     $ 575  

Net loss attributable to noncontrolling interest

     (105 )      (113 ) 
   

 

 

    

 

 

  

Noncontrolling interest, ending

   $ 357     $ 462  
   

 

 

    

 

 

  
Grant date fair value calculations for stock options

The following assumptions were used in the estimated grant date fair value calculations for stock options issued in 2011 and 2010:

 

         
     2011   2010

Risk-free interest rate

   0.96% - 1.40%   1.70%

Expected volatility

   32.63% - 60.00%   47.37%

Dividend yield

   2.5%   2.5%

Expected life (years)

   1.5 - 4.0   4.0
Segment of goodwill and impairment losses

The following table reconciles by segment goodwill and the impairment losses recognized for the year ended October 31, 2011 and 2012 (in thousands):

 

                                 
    Fresh products     Calavo Foods     RFG     Total  

Goodwill, beginning November 1, 2010

   $ 3,997     $ 87     $ —       $ 4,084  

Goodwill addition from RFG acquisition

     —         —         14,265       14,265  

Goodwill, ending October 31, 2011

     3,997       87       14,265       18,349  
   

 

 

    

 

 

    

 

 

    

 

 

  

Calavo Salsa Lisa Goodwill impairment losses

     —         (87 )      —         (87 ) 
   

 

 

    

 

 

    

 

 

    

 

 

  

Goodwill, October 31, 2012

   $ 3,997     $ —       $ 14,265     $ 18,262