XML 14 R4.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2024
Jul. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
CONSOLIDATED STATEMENTS OF OPERATIONS        
Net sales $ 179,596 $ 160,856 $ 491,585 $ 451,898
Cost of sales 159,503 138,852 440,071 403,554
Gross profit 20,093 22,004 51,514 48,344
Selling, general and administrative 10,510 12,994 36,993 37,997
Expenses (recovery) related to Mexican tax matters 225 (1,203) 810 1,231
Operating income 9,358 10,213 13,711 9,116
Foreign currency gain (loss) (4,203) 2,019 (2,799) 4,435
Interest expense (833) (766) (2,619) (1,387)
Other income, net 181 177 901 824
Income before income taxes and loss from unconsolidated entities 4,503 11,643 9,194 12,988
Income tax benefit (expense) 1,441 (2,408) 478 (2,851)
Net loss from unconsolidated entities (579) (498) (374) (398)
Net income from continuing operations 5,365 8,737 9,298 9,739
Net loss from discontinued operations (6,127) (2,029) (10,218) (9,786)
Net income (loss) (762) 6,708 (920) (47)
Add: Net income (loss) attributable to noncontrolling interest 30 (82) (17) (390)
Net income (loss) attributable to Calavo Growers, Inc. $ (732) $ 6,626 $ (937) $ (437)
Earnings Per Share, Basic        
Basic, Continuing Operations (in dollars per shares) $ 0.30 $ 0.49 $ 0.52 $ 0.53
Basic, Discontinued Operations (in dollars per shares) (0.34) (0.11) (0.57) (0.55)
Net income (loss) attributable to Calavo Growers, Inc (in dollar per share) (0.04) 0.37 (0.05) (0.02)
Earnings Per Share, Diluted        
Diluted, Continuing Operations (in dollars per shares) 0.30 0.48 0.52 0.52
Diluted, Discontinued Operations (in dollars per shares) (0.34) (0.11) (0.57) (0.55)
Net income (loss) attributable to Calavo Growers, Inc (in dollar per share) $ (0.04) $ 0.37 $ (0.05) $ (0.02)
Number of shares used in per share computation:        
Basic 17,801 17,756 17,800 17,746
Diluted 17,842 17,856 17,848 17,835