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Basis of Presentation and Significant Accounting Policies (Tables)
 12 Months Ended
Oct. 31, 2013
Accounting Policies [Abstract]  
Segment of Goodwill and Impairment Losses

The following table reconciles by segment goodwill and the impairment losses recognized for the year ended October 31, 2012 and 2013 (in thousands):

 

     Fresh products      Calavo Foods     RFG      Total  

Goodwill, beginning November 1, 2011

    $ 3,997       $ 87      $ 14,265       $ 18,349   

Calavo Salsa Lisa Goodwill impairment losses

      —           (87 )      —           (87 ) 

Goodwill, ending October 31, 2012

      3,997         —          14,265         18,262   
  

 

 

     

 

 

    

 

 

     

 

 

  

Calavo Salsa Lisa Goodwill impairment losses

      —           —          —           —     
  

 

 

     

 

 

    

 

 

     

 

 

  

Goodwill, October 31, 2013

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

 

 

     

 

 

    

 

 

     

 

 

  
Financial Statements of Consignment Arrangements

Amounts recorded for each of the fiscal years ended October 31, 2013, 2012 and 2011 in the financial statements pursuant to consignment arrangements are as follows (in thousands):

 

     2013      2012      2011  

Sales

    $ 30,620       $ 28,297       $ 38,327   

Cost of Sales

      27,679         25,893         34,859   
  

 

 

     

 

 

     

 

 

  

Gross Margin

    $ 2,941       $ 2,404       $ 3,468   
  

 

 

     

 

 

     

 

 

  
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 2013 and 2011:

 

     2013    2011

Risk-free interest rate

    .70%    0.96% - 1.40%

Expected volatility

    44.30%    32.63% - 60.00%

Dividend yield

    2.60%    2.5%

Expected life (years)

    5.0    1.5 - 4.0
Reconciles Shareholders' Equity Attributable to Noncontrolling Interest

The following table reconciles shareholders’ equity attributable to noncontrolling interest related to the Salsa Lisa acquisition and FreshRealm, LLC (in thousands). See Note 17 for additional information related to FreshRealm.

 

Salsa Lisa noncontrolling interest    Year ended
October 31, 2013		     Year ended
October 31, 2012		  

Noncontrolling interest, beginning

    $ 357      $ 462   

Net loss attributable to noncontrolling interest of Salsa Lisa

      (236 )      (105 ) 
  

 

 

    

 

 

  

Noncontrolling interest, ending

    $ 121      $ 357   
  

 

 

    

 

 

  

 

FreshRealm noncontrolling interest    Year ended
October 31, 2013		     Year ended
October 31, 2012		  

Noncontrolling interest, beginning

    $ —        $ —     

Noncontrolling interest contribution

      362     

Net loss attributable to noncontrolling interest of FreshRealm

      (368 )      —     
  

 

 

    

 

 

  

Noncontrolling interest, ending

    $ (6 )    $ —