XML 45 R34.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Segment Information (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2017
Segment Reporting [Abstract] |
Gross Margin | 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 |
Sales by Product Category, by Segment | 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
Long-Lived Assets Attributed to Geographic Areas | 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 |

X
- Definition Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. + References Reference 1: 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 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_ReconciliationOfRevenueFromSegmentsToConsolidatedTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the names of foreign countries in which material long-lived assets other than financial instruments, long-term customer relationships of a financial institution, mortgage and other servicing rights, deferred policy acquisition costs, and deferred tax assets are located, and amount of such long-lived assets located in that country or foreign geographic area. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideDisclosureOnGeographicAreasLongLivedAssetsInIndividualForeignCountriesByCountryTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: 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 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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