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Information regarding our operations in different segments
 6 Months Ended
Apr. 30, 2015
Segment Reporting [Abstract]  
Information regarding our operations in different segments
2. Information regarding our operations in different segments

We 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 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 April 30, 2015     Three months ended April 30, 2014  
     Fresh
products		     Calavo
Foods		     RFG     Total     Fresh
products		     Calavo
Foods		     RFG     Total  

Third-party sales:

                 

Avocados

    $ 125,744      $ —        $ —        $ 125,744      $ 106,713      $ —        $ —        $ 106,713   

Tomatoes

      9,606        —          —          9,606        12,590        —          —          12,590   

Papayas

      1,898        —          —          1,898        3,139        —          —          3,139   

Pineapples

      635        —          —          635        1,858        —          —          1,858   

Other fresh products

      107        —          —          107        80        —          —          80   

Food service

      —          12,126        —          12,126        —          12,674        —          12,674   

Retail and club

      —          5,458        69,468        74,926        —          5,533        56,339        61,872   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total gross sales

   137,990      17,584      69,468      225,042      124,380      18,207      56,339      198,926   

Less sales incentives

   (137 )    (2,691 )    (625 )    (3,453 )    (428 )    (3,090 )    (514 )    (4,032 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net sales

 $ 137,853    $ 14,893    $ 68,843    $ 221,589    $ 123,952    $ 15,117    $ 55,825    $ 194,894   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  
     Six months ended April 30, 2015     Six months ended April 30, 2014  
     Fresh
products		     Calavo
Foods		     RFG     Total     Fresh
products		     Calavo
Foods		     RFG     Total  

Third-party sales:

                 

Avocados

    $ 228,169      $ —        $ —        $ 228,169      $ 196,077      $ —        $ —        $ 196,077   

Tomatoes

      15,659        —          —          15,659        19,096        —          —          19,096   

Papayas

      4,418        —          —          4,418        6,424        —          —          6,424   

Pineapples

      1,630        —          —          1,630        2,755        —          —          2,755   

Other fresh products

      334        —          —          334        144        —          —          144   

Food service

      —          23,648        —          23,648        —          22,645        —          22,645   

Retail and club

      —          11,120        138,620        149,740        —          11,055        112,872        123,927   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total gross sales

   250,210      34,768      138,620      423,598      224,496      33,700      112,872      371,068   

Less sales incentives

   (708 )    (5,252 )    (1,258 )    (7,218 )    (822 )    (5,727 )    (1,460 )    (8,009 ) 
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Net sales

 $ 249,502    $ 29,516    $ 137,362    $ 416,380    $ 223,674    $ 27,973    $ 111,412    $ 363,059   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

 

     Fresh
products		      Calavo
Foods		      RFG      Total  

Three months ended April 30, 2015

            

Net sales

    $ 137,853       $ 14,893       $ 68,843       $ 221,589   

Cost of sales

      126,954         9,280         62,380         198,614   
  

 

 

     

 

 

     

 

 

     

 

 

  

Gross margin

 $ 10,899    $ 5,613    $ 6,463    $ 22,975   
  

 

 

     

 

 

     

 

 

     

 

 

  

Three months ended April 30, 2014

Net sales

 $ 123,952    $ 15,117    $ 55,825    $ 194,894   

Cost of sales

   114,269      11,294      50,439      176,002   
  

 

 

     

 

 

     

 

 

     

 

 

  

Gross margin

 $ 9,683    $ 3,823    $ 5,386    $ 18,892   
  

 

 

     

 

 

     

 

 

     

 

 

  

For the three months ended April 30, 2015 and 2014, inter-segment sales and cost of sales for Fresh products totaling $9.3 million and $8.6 million were eliminated. For the three months ended April 30, 2015 and 2014, inter-segment sales and cost of sales for Calavo Foods totaling $3.8 million and $3.9 million were eliminated.

 

     Fresh
products		      Calavo
Foods		      RFG      Total  

Six months ended April 30, 2015

            

Net sales

    $ 249,502       $ 29,516       $ 137,362       $ 416,380   

Cost of sales

      229,886         20,310         125,404         375,600   
  

 

 

     

 

 

     

 

 

     

 

 

  

Gross margin

 $ 19,616    $ 9,206    $ 11,958    $ 40,780   
  

 

 

     

 

 

     

 

 

     

 

 

  

Six months ended April 30, 2014

Net sales

 $ 223,674    $ 27,973    $ 111,412    $ 363,059   

Cost of sales

   207,783      21,558      101,185      330,526   
  

 

 

     

 

 

     

 

 

     

 

 

  

Gross margin

 $ 15,891    $ 6,415    $ 10,227    $ 32,533   
  

 

 

     

 

 

     

 

 

     

 

 

  

For the six months ended April 30, 2015 and 2014, inter-segment sales and cost of sales for Fresh products totaling $19.1 million and $17.6 million were eliminated. For the six months ended April 30, 2015 and 2014, inter-segment sales and cost of sales for Calavo Foods totaling $7.5 million and $7.6 million were eliminated.