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Assets Held for Sale and Discontinued Operations (Tables)
6 Months Ended
Apr. 30, 2025
Assets Held for Sale and Discontinued Operations  
Schedule of information being reported as discontinued operations

The following table summarizes the results of operations of the Fresh Cut business that are being reported as discontinued operations (in thousands):

Three months ended

Six months ended

April 30,

April 30, 

2024

2024

Net sales

$

83,959

    

$

170,372

Cost of sales

 

80,149

165,731

Gross profit

 

3,810

4,641

Selling, general and administrative

 

4,207

8,703

Operating loss

(397)

(4,062)

Interest expense

(26)

(54)

Other income, net

 

15

25

Loss from discontinued operations before income taxes and gain on sale

(408)

(4,091)

Income tax benefit

 

Net loss from discontinued operations

$

(408)

$

(4,091)

Select cash flow information related to the Fresh Cut business follows (in thousands):

Six months ended

April 30, 

2024

Net cash used in operating activities

$

(1,970)

Net cash used in investing activities

$

(353)