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Segment Information | 12 Months Ended
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Oct. 31, 2017
Segment Reporting [Abstract] |
Segment Information | 11. Segment Information As discussed in Note 1, 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 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):
| Fresh |  | Calavo |  |  |  |  |  |  |
| products |  | Foods |  | RFG |  | Total |
| (All amounts are presented in thousands) |
Year ended October 31, 2017 |  |  |  |  |  |  |  |  |  |  |  |
Net sales (before eliminations) | $ | 583,976 |  | $ | 77,579 |  | $ | 418,508 |  | $ | 1,080,063 |
Intercompany eliminations |  | (1,314) |  |  | (3,184) |  |  | — |  |  | (4,498) |
Net sales |  | 582,662 |  |  | 74,395 |  |  | 418,508 |  |  | 1,075,565 |
Cost of sales (before eliminations) |  | 511,410 |  |  | 63,751 |  |  | 390,358 |  |  | 965,519 |
Intercompany eliminations |  | (1,124) |  |  | (2,709) |  |  | (665) |  |  | (4,498) |
Cost of sales |  | 510,286 |  |  | 61,042 |  |  | 389,693 |  |  | 961,021 |
Gross profit | $ | 72,376 |  | $ | 13,353 |  | $ | 28,815 |  | $ | 114,544 |
Year ended October 31, 2016 |  |  |  |  |  |  |  |  |  |  |  |
Net sales (before eliminations) | $ | 542,996 |  | $ | 66,188 |  | $ | 333,498 |  | $ | 942,682 |
Intercompany eliminations |  | (4,309) |  |  | (2,694) |  |  | — |  |  | (7,003) |
Net sales |  | 538,687 |  |  | 63,494 |  |  | 333,498 |  |  | 935,679 |
Cost of sales (before eliminations) |  | 484,982 |  |  | 42,829 |  |  | 307,337 |  |  | 835,148 |
Intercompany eliminations |  | (4,292) |  |  | (1,783) |  |  | (928) |  |  | (7,003) |
Cost of sales |  | 480,690 |  |  | 41,046 |  |  | 306,409 |  |  | 828,145 |
Gross profit | $ | 57,997 |  | $ | 22,448 |  | $ | 27,089 |  | $ | 107,534 |
Year ended October 31, 2015 |  |  |  |  |  |  |  |  |  |  |  |
Net sales (before eliminations) | $ | 502,208 |  | $ | 64,079 |  | $ | 293,957 |  | $ | 860,244 |
Intercompany eliminations |  | (1,497) |  |  | (1,923) |  |  | — |  |  | (3,420) |
Net sales |  | 500,711 |  |  | 62,156 |  |  | 293,957 |  |  | 856,824 |
Cost of sales (before eliminations) |  | 465,123 |  |  | 43,382 |  |  | 266,512 |  |  | 775,017 |
Intercompany eliminations |  | (1,476) |  |  | (1,737) |  |  | (207) |  |  | (3,420) |
Cost of sales |  | 463,647 |  |  | 41,645 |  |  | 266,305 |  |  | 771,597 |
Gross profit | $ | 37,064 |  | $ | 20,511 |  | $ | 27,652 |  | $ | 85,227 |
For fiscal year 2017, 2016 and 2015, inter-segment sales and cost of sales of $1.3 million, $4.3 million and $1.5 million between Fresh products and RFG were eliminated. For fiscal year 2017, 2016 and 2015, inter-segment sales and cost of sales of $3.2 million, $2.7 million and $1.9 million between Calavo Foods and RFG were eliminated. The following table sets forth sales by product category, by segment (in thousands):
|  |  | Year Ended October 31, 2017 |  | Year Ended October 31, 2016 |
|  |  | Fresh |  | Calavo |  |  |  |  |  |  |  | Fresh |  | Calavo |  |  |  |  |  |  |
|  |  | products |  | Foods |  | RFG |  | Total |  | products |  | Foods |  | RFG |  | Total |
Third-party sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Avocados |  |  | $ | 546,433 |  | $ | — |  | $ | — |  | $ | 546,433 |  | $ | 493,440 |  | $ | — |  | $ | — |  | $ | 493,440 |
Tomatoes |  |  |  | 29,199 |  |  | — |  |  | — |  |  | 29,199 |  |  | 36,286 |  |  | — |  |  | — |  |  | 36,286 |
Papayas |  |  |  | 9,402 |  |  | — |  |  | — |  |  | 9,402 |  |  | 9,514 |  |  | — |  |  | — |  |  | 9,514 |
Other fresh products |  |  |  | 445 |  |  | — |  |  | — |  |  | 445 |  |  | 5,600 |  |  | — |  |  | — |  |  | 5,600 |
Prepared avocado products |  |  |  | — |  |  | 85,204 |  |  | — |  |  | 85,204 |  |  | — |  |  | 73,009 |  |  | — |  |  | 73,009 |
Salsa |  |  |  | — |  |  | 3,951 |  |  | — |  |  | 3,951 |  |  | — |  |  | 3,617 |  |  | — |  |  | 3,617 |
Fresh-cut fruit & vegetables and prepared foods |  |  |  | — |  |  | — |  |  | 419,973 |  |  | 419,973 |  |  | — |  |  | — |  |  | 336,989 |  |  | 336,989 |
Total gross sales |  |  |  | 585,479 |  |  | 89,155 |  |  | 419,973 |  |  | 1,094,607 |  |  | 544,840 |  |  | 76,626 |  |  | 336,989 |  |  | 958,455 |
Less sales incentives |  |  |  | (1,503) |  |  | (11,576) |  |  | (1,465) |  |  | (14,544) |  |  | (1,844) |  |  | (10,438) |  |  | (3,491) |  |  | (15,773) |
Less inter-company eliminations |  |  |  | (1,314) |  |  | (3,184) |  |  |  |  |  | (4,498) |  |  | (4,309) |  |  | (2,694) |  |  |  |  |  | (7,003) |
Net sales |  |  | $ | 582,662 |  | $ | 74,395 |  | $ | 418,508 |  | $ | 1,075,565 |  | $ | 538,687 |  | $ | 63,494 |  | $ | 333,498 |  | $ | 935,679 |
|  |  | Year Ended October 31, 2016 |  | Year Ended October 31, 2015
|  |  | Fresh |  | Calavo |  |  |  |  |  |  |  | Fresh |  | Calavo |  |  |  |  |  |
|  |  | products |  | Foods |  | RFG |  | Total |  | products |  | Foods |  | RFG |  | Total
Third-party sales: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Avocados |  |  | $ | 493,440 |  | $ | — |  | $ | — |  | $ | 493,440 |  | $ | 471,178 |  | $ | — |  | $ | — |  | $ | 471,178
Tomatoes |  |  |  | 36,286 |  |  | — |  |  | — |  |  | 36,286 |  |  | 18,681 |  |  | — |  |  | — |  |  | 18,681
Papayas |  |  |  | 9,514 |  |  | — |  |  | — |  |  | 9,514 |  |  | 9,485 |  |  | — |  |  | — |  |  | 9,485
Other fresh products |  |  |  | 5,600 |  |  | — |  |  | — |  |  | 5,600 |  |  | 4,336 |  |  | — |  |  | — |  |  | 4,336
Prepared avocado products |  |  |  | — |  |  | 73,009 |  |  | — |  |  | 73,009 |  |  | — |  |  | 51,135 |  |  | — |  |  | 51,135
Salsa |  |  |  | — |  |  | 3,617 |  |  | — |  |  | 3,617 |  |  | — |  |  | 22,736 |  |  | — |  |  | 22,736
Fresh-cut fruit & vegetables and prepared foods |  |  |  | — |  |  | — |  |  | 336,989 |  |  | 336,989 |  |  | — |  |  | — |  |  | 296,697 |  |  | 296,697
Total gross sales |  |  |  | 544,840 |  |  | 76,626 |  |  | 336,989 |  |  | 958,455 |  |  | 503,680 |  |  | 73,871 |  |  | 296,697 |  |  | 874,248
Less sales incentives |  |  |  | (1,844) |  |  | (10,438) |  |  | (3,491) |  |  | (15,773) |  |  | (1,472) |  |  | (9,792) |  |  | (2,740) |  |  | (14,004)
Less inter-company eliminations |  |  |  | (4,309) |  |  | (2,694) |  |  |  |  |  | (7,003) |  |  | (1,497) |  |  | (1,923) |  |  |  |  |  | (3,420)
Net sales |  |  | $ | 538,687 |  | $ | 63,494 |  | $ | 333,498 |  | $ | 935,679 |  | $ | 500,711 |  | $ | 62,156 |  | $ | 293,957 |  | $ | 856,824
Sales to customers outside the United States were approximately $29.8 million, $25.4 million and $26.7 million for fiscal years 2017, 2016, and 2015. RFG segment sales included sales to one customer who represented more than 10% of total consolidated revenues for fiscal 2017 and 2016. Our goodwill balance of $18.2 million is attributed by segment to Fresh products for $3.9 million and RFG for $14.3 million as of October 31, 2017. Long-lived assets attributed to geographic areas as of October 31, are as follows (in thousands):
|  | United States |  | Mexico |  | Consolidated |
2017 |  | $ | 88,078 |  | $ | 31,994 |  | $ | 120,072 |
2016 |  | $ | 55,715 |  | $ | 32,122 |  | $ | 87,837 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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