XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands
 12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Income Statement [Abstract]      
Net sales $ 1,055,830,000 $ 1,059,371,000 $ 1,195,777,000
Cost of sales 998,405,000 969,473,000 1,067,695,000
Gross profit 57,425,000 89,898,000 128,082,000
Selling, general and administrative 56,679,000 57,952,000 59,113,000
Expenses related to Mexican tax matters 1,797,000    
Impairment and charges related to RFG Florida facility closure 9,162,000    
Gain on sale of Temecula packinghouse (216,000) (216,000) (2,077,000)
Operating income (loss) (9,997,000) 32,162,000 71,046,000
SFFI Impairments 0 0  
Interest income 335,000 1,998,000 2,675,000
Interest expense (798,000) (877,000) (948,000)
Other income, net 1,016,000 553,000 499,000
Recovery (loss) on reserve for FreshRealm note receivable and impairment of investment 6,130,000 (37,322,000)  
Unrealized net gain (loss) on Limoneira shares 3,858,000 (8,537,000) (9,722,000)
Income (loss) before income taxes and loss from unconsolidated entities 544,000 (12,023,000) 63,550,000
Income tax (provision) benefit (10,747,000) 4,292,000 (12,882,000)
Net loss from unconsolidated entities (1,719,000) (6,110,000) (14,082,000)
Net income (loss) (11,922,000) (13,841,000) 36,586,000
Add: Net loss attributable to noncontrolling interest 104,000 216,000 60,000
Net income (loss) attributable to Calavo Growers, Inc. $ (11,818,000) $ (13,625,000) $ 36,646,000
Calavo Growers, Inc.'s net income (loss) per share:      
Basic $ (0.67) $ (0.78) $ 2.09
Diluted $ (0.67) $ (0.78) $ 2.08
Number of shares used in per share computation:      
Basic 17,621 17,564 17,519
Diluted 17,621 17,564 17,593