XML 16 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Cash Flows from Operating Activities:    
Net income (loss) $ (4,160) $ 5,237
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation and amortization 4,312 4,294
Non-cash operating lease expense 49 16
Net loss from unconsolidated entities 535 155
Unrealized net loss (gain) on Limoneira shares 2,130 (3,589)
Impairment and non-cash charges related to closure of RFG Florida facility 317  
Stock-based compensation expense 556 907
Gain on sale of Temecula packinghouse (54) (54)
Effect on cash of changes in operating assets and liabilities:    
Accounts receivable, net (10,601) (7,935)
Inventories, net (11,735) 81
Prepaid expenses and other current assets (1,559) (1,298)
Advances to suppliers (3,258) 152
Income taxes receivable/payable 3,508 3,888
Other assets (308) (3,638)
Payable to growers 14,765 210
Trade accounts payable, accrued expenses and other liabilities 7,891 14,739
Net cash provided by operating activities 2,388 13,165
Cash Flows from Investing Activities:    
Purchases of property, plant, and equipment (2,044) (4,768)
Net cash used in investing activities (2,044) (4,768)
Cash Flows from Financing Activities:    
Payment of dividend to shareholders (20,330) (20,343)
Proceeds from revolving credit facility 96,300 91,000
Payments on revolving credit facility (70,000) (74,400)
Payments of minimum withholding taxes on net share settlement of equity awards (44) (467)
Payments on long-term obligations and finance leases (376) (121)
Proceeds from stock option exercises 47 47
Net cash provided by (used in) financing activities 5,597 (4,284)
Net decrease in cash, cash equivalents and restricted cash 5,941 4,113
Cash, cash equivalents and restricted cash, beginning of period 2,855 4,055
Cash, cash equivalents and restricted cash, end of period 8,796 8,168
Noncash Investing and Financing Activities:    
Right of use assets obtained in exchange for new financing lease obligations   301
Property, plant, and equipment included in trade accounts payable and accrued expenses $ 173 $ 863