XML 34 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Condensed Statements of Cash Flows (Unaudited) (USD $)
In Thousands, unless otherwise specified
 9 Months Ended
Jul. 31, 2014
Jul. 31, 2013
Cash Flows from Operating Activities:    
Net income $ 25,859 $ 10,999
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 5,113 5,011
Provision for losses on accounts receivable 88  
Income from unconsolidated entities 13  
Interest on contingent consideration 28 133
Gain on deconsolidation of FreshRealm (12,622)  
Revalue adjustment on contingent consideration    1,801
Stock-based compensation expense 517 288
Effect on cash of changes in operating assets and liabilities:    
Accounts receivable (8,759) (21,594)
Inventories, net (4,362) (8,642)
Prepaid expenses and other current assets (3,280) (1,594)
Advances to suppliers 1,828 406
Income taxes receivable/payable 5,884 2,891
Other assets 135 62
Payable to growers 7,274 21,264
Trade accounts payable and accrued expenses 9,769 4,599
Net cash provided by operating activities 27,485 15,624
Cash Flows from Investing Activities:    
Acquisitions of and deposits on property, plant, and equipment (7,085) (4,943)
Investment in unconsolidated entity (125)  
Investment in Agricola Don Memo (1,730)  
Decrease in cash due to deconsolidation of FreshRealm (6,813)  
Net cash used in investing activities (15,753) (4,943)
Cash Flows from Financing Activities:    
Payment of dividend to shareholders (11,005) (9,646)
Payments on revolving credit facilities, net (5,250) 5,810
Payments on long-term obligations (4,190) (3,933)
Proceeds from issuance of FreshRealm units 10,000  
Retirement of common stock   (4,788)
Exercise of stock options 130 700
Net cash used in financing activities (10,315) (11,857)
Net increase (decrease) in cash and cash equivalents 1,417 (1,176)
Cash and cash equivalents, beginning of period 8,019 7,103
Cash and cash equivalents, end of period 9,436 5,927
Noncash Investing and Financing Activities:    
Tax benefit related to stock option exercise 191 208
Reclassification of RFG cash contingent consideration to additional paid in capital   4,220
Collection for Beltran Infrastructure Advance 845 1,690
Unrealized investment holding losses $ (7,416) $ (52)