XML 21 R4.htm IDEA: XBRL DOCUMENT v3.24.4
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
 12 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2022
CONSOLIDATED STATEMENTS OF OPERATIONS      
Net sales $ 661,544 $ 594,102 $ 769,691
Cost of sales 593,740 531,490 714,949
Gross profit 67,804 62,612 54,742
Selling, general and administrative 50,038 47,276 46,538
Expenses related to Mexican tax matters 1,043 3,128 1,417
Operating income 16,723 12,208 6,787
Foreign currency gain (loss) (5,840) 1,378 (973)
Interest income 1,020 605 500
Interest expense (2,893) (2,371) (1,631)
Other income, net 641 260 803
Unrealized net loss on Limoneira shares     (8,605)
Income (loss) before income taxes and loss from unconsolidated entities 9,651 12,080 (3,119)
Income tax expense (2,325) (6,148) (3,165)
Net loss from unconsolidated entities (478) (879) (564)
Net income from continuing operations 6,848 5,053 (6,848)
Net income (loss) from discontinued operations (7,872) (13,020) 246
Net loss (1,024) (7,967) (6,602)
Add: Net income (loss) attributable to noncontrolling interest (52) (377) 353
Net loss attributable to Calavo Growers, Inc. $ (1,076) $ (8,344) $ (6,249)
Earnings Per Share, Basic      
Basic, Continuing Operations (in dollars per shares) $ 0.38 $ 0.26 $ (0.37)
Basic, Discontinued Operations (in dollars per shares) (0.44) (0.73) 0.01
Net loss - Basic (in dollars per shares) (0.06) (0.47) (0.35)
Earnings Per Share, Diluted      
Diluted, Continuing Operations (in dollars per shares) 0.38 0.26 (0.37)
Diluted, Discontinued Operations (in dollars per shares) (0.44) (0.73) 0.01
Net loss - Diluted (in dollars per shares) $ (0.06) $ (0.47) $ (0.35)
Number of shares used in per share computation:      
Basic (in shares) 17,801 17,750 17,663
Diluted (in shares) 17,863 17,854 17,745