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v3.22.4

Segment Information (Tables) | 12 Months Ended
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Oct. 31, 2022
Segment Information |
Schedule of sales by product and segment | The following table sets forth sales by product category, by segment (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended October 31, 2022 | ​ | Year ended October 31, 2021 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 645,944 | ​ | $ | — | ​ | $ | 645,944 | ​ | $ | 536,969 | ​ | $ | — | ​ | $ | 536,969 | ​
Tomatoes | ​ |  | 47,288 | ​ |  | — | ​ |  | 47,288 | ​ |  | 43,658 | ​ |  | — | ​ |  | 43,658 | ​
Papayas | ​ |  | 11,422 | ​ |  | — | ​ |  | 11,422 | ​ |  | 10,884 | ​ |  | — | ​ |  | 10,884 | ​
Other fresh income | ​ |  | 123 | ​ |  | — | ​ |  | 123 | ​ |  | 693 | ​ |  | — | ​ |  | 693 | ​
Fresh-cut fruit | ​ | ​ | — | ​ | ​ | 204,433 | ​ | ​ | 204,433 | ​ | ​ | — | ​ | ​ | 205,087 | ​ | ​ | 205,087 | ​
Fresh-cut vegetables | ​ | ​ | — | ​ | ​ | 107,332 | ​ | ​ | 107,332 | ​ | ​ | — | ​ | ​ | 102,291 | ​ | ​ | 102,291 | ​
Prepared products | ​ |  | — | ​ |  | 114,396 | ​ |  | 114,396 | ​ |  | — | ​ |  | 95,639 | ​ |  | 95,639 | ​
Guacamole | ​ | ​ | — | ​ |  | 74,970 | ​ |  | 74,970 | ​ |  | — | ​ |  | 75,681 | ​ |  | 75,681 | ​
Salsa | ​ |  | — | ​ |  | 1,860 | ​ |  | 1,860 | ​ |  | — | ​ |  | 2,784 | ​ |  | 2,784 | ​
Total gross sales | ​ |  | 704,777 | ​ |  | 502,991 | ​ |  | 1,207,768 | ​ |  | 592,204 | ​ |  | 481,482 | ​ |  | 1,073,686 | ​
Less sales allowances | ​ |  | (4,507) | ​ |  | (10,123) | ​ |  | (14,630) | ​ |  | (3,677) | ​ |  | (11,682) | ​ |  | (15,359) | ​
Less inter-company eliminations | ​ | ​ | (2,065) | ​ | ​ | — | ​ | ​ | (2,065) | ​ | ​ | (2,497) | ​ | ​ | — | ​ | ​ | (2,497) | ​
Net sales | ​ | $ | 698,205 | ​ | $ | 492,868 | ​ | $ | 1,191,073 | ​ | $ | 586,030 | ​ | $ | 469,800 | ​ | $ | 1,055,830 | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year ended October 31, 2021 | ​ | Year ended October 31, 2020 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 536,969 | ​ | $ | — | ​ | $ | 536,969 | ​ | $ | 521,542 | ​ | $ | — | ​ | $ | 521,542 | ​
Tomatoes | ​ |  | 43,658 | ​ |  | — | ​ |  | 43,658 | ​ |  | 53,922 | ​ |  | — | ​ |  | 53,922 | ​
Papayas | ​ |  | 10,884 | ​ |  | — | ​ |  | 10,884 | ​ |  | 10,529 | ​ |  | — | ​ |  | 10,529 | ​
Other fresh income | ​ |  | 693 | ​ |  | — | ​ |  | 693 | ​ |  | 327 | ​ |  | — | ​ |  | 327 | ​
Fresh-cut fruit | ​ | ​ | — | ​ | ​ | 205,087 | ​ | ​ | 205,087 | ​ | ​ | — | ​ | ​ | 204,766 | ​ | ​ | 204,766 | ​
Fresh-cut vegetables | ​ |  | — | ​ |  | 102,291 | ​ |  | 102,291 | ​ |  | — | ​ |  | 113,460 | ​ |  | 113,460 | ​
Prepared products | ​ | ​ | — | ​ | ​ | 95,639 | ​ | ​ | 95,639 | ​ | ​ | — | ​ | ​ | 88,346 | ​ | ​ | 88,346 | ​
Guacamole | ​ | ​ | — | ​ | ​ | 75,681 | ​ | ​ | 75,681 | ​ | ​ | — | ​ | ​ | 75,409 | ​ | ​ | 75,409 | ​
Salsa | ​ |  | — | ​ |  | 2,784 | ​ |  | 2,784 | ​ |  | — | ​ |  | 2,783 | ​ |  | 2,783 | ​
Total gross sales | ​ |  | 592,204 | ​ |  | 481,482 | ​ |  | 1,073,686 | ​ |  | 586,320 | ​ |  | 484,764 | ​ |  | 1,071,084 | ​
Less sales allowances | ​ |  | (3,677) | ​ |  | (11,682) | ​ |  | (15,359) | ​ |  | (1,268) | ​ |  | (8,794) | ​ |  | (10,062) | ​
Less inter-company eliminations | ​ | ​ | (2,497) | ​ | ​ | — | ​ | ​ | (2,497) | ​ | ​ | (1,651) | ​ | ​ | — | ​ | ​ | (1,651) | ​
Net sales | ​ | $ | 586,030 | ​ | $ | 469,800 | ​ | $ | 1,055,830 | ​ | $ | 583,401 | ​ | $ | 475,970 | ​ | $ | 1,059,371 | ​
Schedule of segment gross margin | The following table sets forth sales, cost of sales, and gross profit by segment (in thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Interco. |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Elimins. | ​ | Total | ​
​ | ​ | (All amounts are presented in thousands) | ​
Year ended October 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 700,270 | ​ | $ | 492,868 | ​ | $ | (2,065) | ​ | $ | 1,191,073 | ​
Cost of sales | ​ | ​ | 650,105 | ​ | ​ | 469,188 | ​ | ​ | (2,065) | ​ | ​ | 1,117,228 | ​
Gross profit | ​ | $ | 50,165 | ​ | $ | 23,680 | ​ | $ | — | ​ | $ | 73,845 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year ended October 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 588,527 | ​ | $ | 469,800 | ​ | $ | (2,497) | ​ | $ | 1,055,830 | ​
Cost of sales | ​ | ​ | 540,740 | ​ | ​ | 460,162 | ​ | ​ | (2,497) | ​ | ​ | 998,405 | ​
Gross profit | ​ | $ | 47,787 | ​ | $ | 9,638 | ​ | $ | — | ​ | $ | 57,425 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Year ended October 31, 2020 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 585,052 | ​ | $ | 475,970 | ​ | $ | (1,651) | ​ | $ | 1,059,371 | ​
Cost of sales | ​ | ​ | 537,489 | ​ | ​ | 433,635 | ​ | ​ | (1,651) | ​ | ​ | 969,473 | ​
Gross profit | ​ | $ | 47,563 | ​ | $ | 42,335 | ​ | $ | — | ​ | $ | 89,898 | ​
Schedule of long-lived assets by geographic areas | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | United States |  | Mexico |  | Consolidated
October 31, 2022 | ​ | $ | 77,208 | ​ | $ | 36,102 | ​ | $ | 113,310
October 31, 2021 | ​ | $ | 81,059 | ​ | $ | 37,221 | ​ | $ | 118,280

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599 + Details
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