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v3.23.2

Information regarding our operations in different segments (Tables) | 9 Months Ended
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Jul. 31, 2023
Information regarding our operations in different segments |
Schedule of sales by product and segment | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Three months ended July 31, 2023 | ​ | Three months ended July 31, 2022 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 127,328 | ​ | $ | — | ​ | $ | 127,328 | ​ | $ | 196,443 | ​ | $ | — | ​ | $ | 196,443 | ​
Tomatoes | ​ |  | 15,662 | ​ |  | — | ​ |  | 15,662 | ​ |  | 8,990 | ​ |  | — | ​ |  | 8,990 | ​
Papayas | ​ |  | 2,338 | ​ |  | — | ​ |  | 2,338 | ​ |  | 2,679 | ​ |  | — | ​ |  | 2,679 | ​
Other fresh income | ​ |  | 10 | ​ |  | — | ​ |  | 10 | ​ |  | 54 | ​ |  | — | ​ |  | 54 | ​
Fresh-cut products | ​ | ​ | — | ​ | ​ | 101,150 | ​ | ​ | 101,150 | ​ | ​ | — | ​ | ​ | 117,541 | ​ | ​ | 117,541 | ​
Guacamole | ​ | ​ | — | ​ |  | 18,049 | ​ |  | 18,049 | ​ |  | — | ​ |  | 19,606 | ​ |  | 19,606 | ​
Salsa | ​ |  | — | ​ |  | 49 | ​ |  | 49 | ​ |  | — | ​ |  | 524 | ​ |  | 524 | ​
Total gross sales | ​ |  | 145,338 | ​ |  | 119,248 | ​ |  | 264,586 | ​ |  | 208,166 | ​ |  | 137,671 | ​ |  | 345,837 | ​
Less sales allowances | ​ |  | (795) | ​ |  | (3,442) | ​ |  | (4,237) | ​ |  | (577) | ​ |  | (2,799) | ​ |  | (3,376) | ​
Less inter-company eliminations | ​ | ​ | (474) | ​ | ​ | — | ​ | ​ | (474) | ​ | ​ | (470) | ​ | ​ | — | ​ | ​ | (470) | ​
Net sales | ​ | $ | 144,069 | ​ | $ | 115,806 | ​ | $ | 259,875 | ​ | $ | 207,119 | ​ | $ | 134,872 | ​ | $ | 341,991 | ​
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Nine months ended July 31, 2023 | ​ | Nine months ended July 31, 2022 | ​
​ |  | ​ |  | ​ |  | ​ | ​ |  | ​ |  | ​ |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Total | ​ | Grown | ​ | Prepared | ​ | Total | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Avocados | ​ | $ | 352,858 | ​ | $ | — | ​ | $ | 352,858 | ​ | $ | 538,882 | ​ | $ | — | ​ | $ | 538,882 | ​
Tomatoes | ​ |  | 45,669 | ​ |  | — | ​ |  | 45,669 | ​ |  | 36,331 | ​ |  | — | ​ |  | 36,331 | ​
Papayas | ​ |  | 8,193 | ​ |  | — | ​ |  | 8,193 | ​ |  | 8,462 | ​ |  | — | ​ |  | 8,462 | ​
Other fresh income | ​ |  | 75 | ​ |  | — | ​ |  | 75 | ​ |  | 87 | ​ |  | — | ​ |  | 87 | ​
Fresh-cut products | ​ | ​ | — | ​ | ​ | 283,588 | ​ | ​ | 283,588 | ​ | ​ | — | ​ | ​ | 316,804 | ​ | ​ | 316,804 | ​
Guacamole | ​ | ​ | — | ​ | ​ | 52,601 | ​ | ​ | 52,601 | ​ | ​ | — | ​ | ​ | 56,976 | ​ | ​ | 56,976 | ​
Salsa | ​ |  | — | ​ |  | 756 | ​ |  | 756 | ​ |  | — | ​ |  | 1,349 | ​ |  | 1,349 | ​
Total gross sales | ​ |  | 406,795 | ​ |  | 336,945 | ​ |  | 743,740 | ​ |  | 583,762 | ​ |  | 375,129 | ​ |  | 958,891 | ​
Less sales allowances | ​ |  | (3,510) | ​ |  | (8,296) | ​ |  | (11,806) | ​ |  | (2,591) | ​ |  | (7,240) | ​ |  | (9,831) | ​
Less inter-company eliminations | ​ | ​ | (1,166) | ​ | ​ | — | ​ | ​ | (1,166) | ​ | ​ | (1,559) | ​ | ​ | — | ​ | ​ | (1,559) | ​
Net sales | ​ | $ | 402,119 | ​ | $ | 328,649 | ​ | $ | 730,768 | ​ | $ | 579,612 | ​ | $ | 367,889 | ​ | $ | 947,501 | ​
Schedule of segment gross margin | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | ​ |  | ​ |  | Interco. |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Elimins. | ​ | Total | ​
​ | ​ | (All amounts are presented in thousands) | ​
Three months ended July 31, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 144,543 | ​ | $ | 115,806 | ​ | $ | (474) | ​ | $ | 259,875 | ​
Cost of sales | ​ | ​ | 123,190 | ​ | ​ | 112,134 | ​ | ​ | (474) | ​ | ​ | 234,850 | ​
Gross profit | ​ | $ | 21,353 | ​ | $ | 3,672 | ​ | $ | — | ​ | $ | 25,025 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three months ended July 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 207,589 | ​ | $ | 134,872 | ​ | $ | (470) | ​ | $ | 341,991 | ​
Cost of sales | ​ | ​ | 195,818 | ​ | ​ | 128,129 | ​ | ​ | (470) | ​ | ​ | 323,477 | ​
Gross profit | ​ | $ | 11,771 | ​ | $ | 6,743 | ​ | $ | — | ​ | $ | 18,514 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ |  | ​ |  | Interco. |  | ​ | ​ | ​
​ | ​ | Grown | ​ | Prepared | ​ | Elimins. | ​ | Total | ​
​ | ​ | (All amounts are presented in thousands) | ​
Nine months ended July 31, 2023 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 403,285 | ​ | $ | 328,649 | ​ | $ | (1,166) | ​ | $ | 730,768 | ​
Cost of sales | ​ | ​ | 359,852 | ​ | ​ | 317,588 | ​ | ​ | (1,166) | ​ |  | 676,274 | ​
Gross profit | ​ | $ | 43,433 | ​ | $ | 11,061 | ​ | $ | — | ​ | $ | 54,494 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Nine months ended July 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net sales | ​ | $ | 581,171 | ​ | $ | 367,889 | ​ | $ | (1,559) | ​ | $ | 947,501 | ​
Cost of sales | ​ | ​ | 539,577 | ​ | ​ | 355,999 | ​ | ​ | (1,559) | ​ | ​ | 894,017 | ​
Gross profit | ​ | $ | 41,594 | ​ | $ | 11,890 | ​ | $ | — | ​ | $ | 53,484 | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Schedule of long-lived assets by geographic areas | The net carrying value of long-lived assets attributed to geographic areas as of July 31, 2023 and October 31, 2022, are as follows (in thousands): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | United States |  | Mexico |  | Consolidated
July 31, 2023 | ​ | $ | 77,760 | ​ | $ | 36,464 | ​ | $ | 114,224
October 31, 2022 | ​ | $ | 77,208 | ​ | $ | 36,102 | ​ | $ | 113,310

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