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Information regarding our operations in different segments
 3 Months Ended
Jan. 31, 2013
Information regarding our operations in different segments [Abstract]  
Information regarding our operations in different segments

2. Information regarding our operations in different segments

As discussed in footnote 1, we now report our operations in three different business segments: (1) Fresh products, (2) Calavo Foods, and (3) RFG. These three 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 and salsa. The RFG segment represents all operations related to the manufacturing and distribution of fresh-cut fruit, ready-to-eat vegetables, recipe-ready vegetables and deli meat products. 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):

 

                                                                 
    Three months ended January 31, 2013     Three months ended January 31, 2012  
    Fresh
products		     Calavo
Foods		     RFG     Total     Fresh
products		     Calavo
Foods		     RFG     Total  

Third-party sales:

                                                                

Avocados

   $ 74,082     $ —       $ —       $ 74,082     $ 64,120     $ —       $ —       $ 64,120  

Tomatoes

     6,961       —         —         6,961       2,200       —         —         2,200  

Papayas

     3,234       —         —         3,234       3,493       —         —         3,493  

Pineapples

     1,019       —         —         1,019       1,253       —         —         1,253  

Other fresh products

     63       —         —         63       284       —         —         284  

Food service

     —         9,924       —         9,924       —         8,406       —         8,406  

Retail and club

     —         4,660       43,278       47,938       —         5,145       35,728       40,873  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total gross sales

     85,359       14,584       43,278       143,221       71,350       13,551       35,728       120,629  

Less sales incentives

     (292 )      (2,654 )      (776 )      (3,722 )      (214 )      (2,272 )      (749 )      (3,235 ) 
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net sales

   $ 85,067     $ 11,930     $ 42,502     $ 139,499     $ 71,136     $ 11,279     $ 34,979     $ 117,394  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

 

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

Three months ended January 31, 2013

                                

Net sales

   $ 85,067     $ 11,930     $ 42,502     $ 139,499  

Cost of sales

     78,298       8,842       39,235       126,375  
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross margin

   $ 6,769     $ 3,088     $ 3,267     $ 13,124  
   

 

 

    

 

 

    

 

 

    

 

 

  

Three months ended January 31, 2012

                                

Net sales

   $ 71,136     $ 11,279     $ 34,979     $ 117,394  

Cost of sales

     65,167       7,871       32,454       105,492  
   

 

 

    

 

 

    

 

 

    

 

 

  

Gross margin

   $ 5,969     $ 3,408     $ 2,525     $ 11,902  
   

 

 

    

 

 

    

 

 

    

 

 

  

For the three months ended January 31, 2013 and 2012, inter-segment sales and cost of sales for Fresh products totaling $9.8 million and $5.0 million were eliminated in consolidation. For three months ended January 31, 2013 and 2012, inter-segment sales and cost of sales for Calavo Foods totaling $3.1 million and $2.9 million were eliminated in consolidation.