XML 43 R28.htm IDEA: XBRL DOCUMENT
v3.6.0.2

Basis of Presentation and Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2016
Accounting Policies [Abstract] |
Financial Statements of Consignment Arrangements | Amounts recorded for each of the fiscal years ended October 31, 2016, 2015 and 2014 in the financial statements pursuant to consignment arrangements are as follows (in thousands):
|  | 2016 |  | 2015 |  | 2014 |
Sales |  | $ | 34,919 |  | $ | 28,139 |  | $ | 30,721 |
Cost of Sales |  |  | 30,729 |  |  | 25,177 |  |  | 27,759 |
Gross Margin |  | $ | 4,190 |  | $ | 2,962 |  | $ | 2,962 |
Schedule of basic and diluted net income per share | Basic and diluted net income per share is calculated as follows (U.S. dollars in thousands, except share and per share data):
|  | Year ended October 31, |
|  | 2016 |  | 2015 |  | 2014 |
Numerator: |  |  |  |  |  |  |  |  |  |
Net Income attributable to Calavo Growers, Inc. |  | $ | 38,022 |  | $ | 27,199 |  | $ | 97 |
Denominator: |  |  |  |  |  |  |  |  |  |
Weighted average shares - Basic |  |  | 17,347,121 |  |  | 17,295,305 |  |  | 15,765,102 |
Effect on dilutive securities – Restricted stock/options |  |  | 83,560 |  |  | 67,731 |  |  | 1,455,000 |
Weighted average shares - Diluted |  |  | 17,430,681 |  |  | 17,363,036 |  |  | 17,220,102 |
Net income per share attributable to Calavo Growers, Inc: |  |  |  |  |  |  |  |  |  |
Basic |  | $ | 2.19 |  | $ | 1.57 |  | $ | 0.01 |
Diluted |  | $ | 2.18 |  | $ | 1.57 |  | $ | 0.01 |
Reconciles Shareholders' Equity Attributable to Noncontrolling Interest | The following tables reconcile shareholders’ equity attributable to noncontrolling interest related to the Salsa Lisa acquisition, and Avocados de Jalisco (in thousands).
|  | Year ended |  | Year ended |
Salsa Lisa noncontrolling interest |  | October 31, 2016 |  | October 31, 2015 |
Noncontrolling interest, beginning |  | $ | 285 |  | $ | 270 |
Accretion attributable to noncontrolling interest of Salsa Lisa |  |  | 486 |  |  | 15 |
Noncontrolling interest, ending |  | $ | 771 |  | $ | 285 |
The noncontrolling interest for Salsa Lisa is recorded at the greater of the noncontrolling interest balance adjusted for the attribution of loss or the amount redeemable pursuant to the acquisition agreement. For fiscal 2016, we recorded an adjustment of $486,000 to increase the noncontrolling interest balance to the expected redeemable amount of $771,000. This adjustment has been included in net (income) loss attributed to noncontrolling interest.
|  |  | Year ended |  | Year ended |
Avocados de Jalisco noncontrolling interest |  |  | October 31, 2016 |  | October 31, 2015 |
Noncontrolling interest, beginning |  |  | $ | 1,011 |  | $ | — |
Noncontrolling interest contribution |  |  |  | — |  |  | 1,011 |
Net loss attributable to noncontrolling interest of Avocados de Jalisco |  |  |  | (49) |  |  | — |
Noncontrolling interest, ending |  |  | $ | 962 |  | $ | 1,011 |

X
- Definition Reconciliation Of Shareholders Equity Attributable To Noncontrolling Interest Table [Text Block] + References No definition available. + Details
Name: | cvgw_ReconciliationOfShareholdersEquityAttributableToNoncontrollingInterestTableTextBlock
Namespace Prefix: | cvgw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Consignment Arrangements Income Statement Table [Text Block] + References No definition available. + Details
Name: | cvgw_ScheduleOfConsignmentArrangementsIncomeStatementTableTextBlock
Namespace Prefix: | cvgw_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration