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Assets Held for Sale and Discontinued Operations (Tables)
9 Months Ended
Jul. 31, 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

Nine months ended

July 31,

July 31, 

2024

2024

Net sales

$

88,586

    

$

258,958

Cost of sales

 

81,224

246,955

Gross profit

 

7,362

12,003

Selling, general and administrative

 

4,193

12,896

Impairment of goodwill

9,280

9,280

Operating loss

(6,111)

(10,173)

Interest expense

(23)

(77)

Other income, net

 

7

32

Loss from discontinued operations before income taxes and gain on sale

(6,127)

(10,218)

Income tax benefit

 

Net loss from discontinued operations

$

(6,127)

$

(10,218)

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

Nine months ended

July 31, 

2024

Net cash used in operating activities

$

(7,071)

Net cash used in investing activities

$

(355)