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v3.23.1

Information regarding our operations in different segments (Tables) | 6 Months Ended
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Apr. 30, 2023
Information regarding our operations in different segments |
Schedule of sales by product and segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended April 30, 2023 | ​ | Three months ended April 30, 2022 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 122,907 | ​ | $ | — | ​ | $ | 122,907 | ​ | $ | 191,754 | ​ | $ | — | ​ | $ | 191,754 | ​
Tomatoes | ​ |  | 16,376 | ​ |  | — | ​ |  | 16,376 | ​ |  | 17,353 | ​ |  | — | ​ |  | 17,353 | ​
Papayas | ​ |  | 2,528 | ​ |  | — | ​ |  | 2,528 | ​ |  | 2,743 | ​ |  | — | ​ |  | 2,743 | ​
Other fresh income | ​ |  | 50 | ​ |  | — | ​ |  | 50 | ​ |  | 8 | ​ |  | — | ​ |  | 8 | ​
Fresh-cut products | ​ | ​ | — | ​ | ​ | 87,919 | ​ | ​ | 87,919 | ​ | ​ | — | ​ | ​ | 102,986 | ​ | ​ | 102,986 | ​
Guacamole | ​ | ​ | — | ​ |  | 18,688 | ​ |  | 18,688 | ​ |  | — | ​ |  | 19,742 | ​ |  | 19,742 | ​
Salsa | ​ |  | — | ​ |  | 261 | ​ |  | 261 | ​ |  | — | ​ |  | 403 | ​ |  | 403 | ​
Total gross sales | ​ |  | 141,861 | ​ |  | 106,868 | ​ |  | 248,729 | ​ |  | 211,858 | ​ |  | 123,131 | ​ |  | 334,989 | ​
Less sales allowances | ​ |  | (1,188) | ​ |  | (2,480) | ​ |  | (3,668) | ​ |  | (861) | ​ |  | (2,224) | ​ |  | (3,085) | ​
Less inter-company eliminations | ​ | ​ | (372) | ​ | ​ | — | ​ | ​ | (372) | ​ | ​ | (486) | ​ | ​ | — | ​ | ​ | (486) | ​
Net sales | ​ | $ | 140,301 | ​ | $ | 104,388 | ​ | $ | 244,689 | ​ | $ | 210,511 | ​ | $ | 120,907 | ​ | $ | 331,418 | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Six months ended April 30, 2023 | ​ | Six months ended April 30, 2022 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 225,530 | ​ | $ | — | ​ | $ | 225,530 | ​ | $ | 342,258 | ​ | $ | — | ​ | $ | 342,258 | ​
Tomatoes | ​ |  | 30,007 | ​ |  | — | ​ |  | 30,007 | ​ |  | 27,340 | ​ |  | — | ​ |  | 27,340 | ​
Papayas | ​ |  | 5,855 | ​ |  | — | ​ |  | 5,855 | ​ |  | 5,783 | ​ |  | — | ​ |  | 5,783 | ​
Other fresh income | ​ |  | 65 | ​ |  | — | ​ |  | 65 | ​ |  | 33 | ​ |  | — | ​ |  | 33 | ​
Fresh-cut products | ​ | ​ | — | ​ | ​ | 182,438 | ​ | ​ | 182,438 | ​ | ​ | — | ​ | ​ | 199,263 | ​ | ​ | 199,263 | ​
Guacamole | ​ | ​ | — | ​ | ​ | 34,552 | ​ | ​ | 34,552 | ​ | ​ | — | ​ | ​ | 37,371 | ​ | ​ | 37,371 | ​
Salsa | ​ |  | — | ​ |  | 707 | ​ |  | 707 | ​ |  | — | ​ |  | 824 | ​ |  | 824 | ​
Total gross sales | ​ |  | 261,457 | ​ |  | 217,697 | ​ |  | 479,154 | ​ |  | 375,414 | ​ |  | 237,458 | ​ |  | 612,872 | ​
Less sales allowances | ​ |  | (2,715) | ​ |  | (4,854) | ​ |  | (7,569) | ​ |  | (1,832) | ​ |  | (4,440) | ​ |  | (6,272) | ​
Less inter-company eliminations | ​ | ​ | (692) | ​ | ​ | — | ​ | ​ | (692) | ​ | ​ | (1,090) | ​ | ​ | — | ​ | ​ | (1,090) | ​
Net sales | ​ | $ | 258,050 | ​ | $ | 212,843 | ​ | $ | 470,893 | ​ | $ | 372,492 | ​ | $ | 233,018 | ​ | $ | 605,510 | ​
Schedule of segment gross margin | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Interco. |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Elimins. | ​ | Total | ​
​ | ​ | (All amounts are presented in thousands) | ​
Three months ended April 30, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 140,673 | ​ | $ | 104,388 | ​ | $ | (372) | ​ | $ | 244,689 | ​
Cost of sales | ​ | ​ | 128,074 | ​ | ​ | 101,950 | ​ | ​ | (372) | ​ | ​ | 229,652 | ​
Gross profit | ​ | $ | 12,599 | ​ | $ | 2,438 | ​ | $ | — | ​ | $ | 15,037 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended April 30, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 210,997 | ​ | $ | 120,907 | ​ | $ | (486) | ​ | $ | 331,418 | ​
Cost of sales | ​ | ​ | 192,841 | ​ | ​ | 117,322 | ​ | ​ | (486) | ​ | ​ | 309,677 | ​
Gross profit | ​ | $ | 18,156 | ​ | $ | 3,585 | ​ | $ | — | ​ | $ | 21,741 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | ​ |  | Interco. |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Elimins. | ​ | Total | ​
​ | ​ | (All amounts are presented in thousands) | ​
Six months ended April 30, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 258,742 | ​ | $ | 212,843 | ​ | $ | (692) | ​ | $ | 470,893 | ​
Cost of sales | ​ | ​ | 236,662 | ​ | ​ | 205,454 | ​ | ​ | (692) | ​ |  | 441,424 | ​
Gross profit | ​ | $ | 22,080 | ​ | $ | 7,389 | ​ | $ | — | ​ | $ | 29,469 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Six months ended April 30, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 373,582 | ​ | $ | 233,018 | ​ | $ | (1,090) | ​ | $ | 605,510 | ​
Cost of sales | ​ | ​ | 343,760 | ​ | ​ | 227,871 | ​ | ​ | (1,090) | ​ | ​ | 570,541 | ​
Gross profit | ​ | $ | 29,822 | ​ | $ | 5,147 | ​ | $ | — | ​ | $ | 34,969 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Schedule of long-lived assets by geographic areas | The net carrying value of long-lived assets attributed to geographic areas as of April 30, 2023 and October 31, 2022, are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | United States |  | Mexico |  | Consolidated
April 30, 2023 | ​ | $ | 78,732 | ​ | $ | 36,354 | ​ | $ | 115,086
October 31, 2022 | ​ | $ | 77,208 | ​ | $ | 36,102 | ​ | $ | 113,310

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