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Segment and Geographic Information
 6 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Segment and Geographic Information
12
SEGMENT AND GEOGRAPHIC INFORMATION
Segment reporting is prepared on the same basis that the Company’s Chief Executive Officer, who is the Company’s Chief Operating Decision Maker, manages the business, makes operating decisions and assesses performance. Management has determined that the Company operates in three segments. The Company’s three segments include the Produce business, the Energy business and the Company’s cannabis and hemp segment. The Produce business produces, markets, and sells the product group which consists of premium quality tomatoes, bell peppers and cucumbers. The Energy business produces power that it sells per a long-term contract to its one customer. For segment information regarding the Company’s cannabis and hemp segment refer to Note 7 – Investments – Equity Method and Joint Ventures.
The Company’s primary operations are in the United States and Canada. Segment information for the three and six months ended June 30, 2020 and 2019:
 
   Three months ended June 30,   Six months ended June 30, 
   2020   2019   2020   2019 
Sales
        
Produce – U.S.
  $40,281   $33,661   $69,596   $61,860 
Produce – Canada
   7,174    7,423    9,821    10,802 
Energy – Canada
   118    245    268    557 
  
 
 
   
 
 
   
 
 
   
 
 
 
  $47,573   $41,329   $79,685   $73,219 
  
 
 
   
 
 
   
 
 
   
 
 
 
Interest expense
        
Produce – U.S.
  $5   $32   $12   $65 
Produce – Canada
   418    618    933    1,261 
Energy – Canada
   14    19    29    37 
  
 
 
   
 
 
   
 
 
   
 
 
 
  $437   $669   $974   $1,363 
  
 
 
   
 
 
   
 
 
   
 
 
 
Interest income
        
Corporate
  $93   $211   $476   $347 
  
 
 
   
 
 
   
 
 
   
 
 
 
  $93   $211   $476   $347 
  
 
 
   
 
 
   
 
 
   
 
 
 
Depreciation
        
Produce – U.S.
  $1,040   $1,005   $2,086   $2,025 
Produce – Canada
   298    328    599    747 
Energy – Canada
   153    227    336    455 
  
 
 
   
 
 
   
 
 
   
 
 
 
  $1,491   $1,560   $3,021   $3,227 
  
 
 
   
 
 
   
 
 
   
 
 
 
Gross margin
        
Produce – U.S.
  $(99)   $(5,441)   $1,218   $(4,736) 
Produce – Canada
   3,822    2,678    3,448    2,738 
Energy – Canada
   (194)    (207)    (372)    (297) 
  
 
 
   
 
 
   
 
 
   
 
 
 
  $3,529   $(2,970)   $4,294   $(2,295) 
  
 
 
   
 
 
   
 
 
   
 
 
 
 
   June 30, 2020   December 31, 2019 
Total assets
    
United States
  $89,716   $88,395 
Canada
   105,697    92,067 
Energy – Canada
   2,528    2,946 
  
 
 
   
 
 
 
  $197,941   $183,408 
  
 
 
   
 
 
 
 
   June 30, 2020   December 31, 2019 
Property, plant and equipment, net
    
United States
  $39,488   $41,656 
Canada
   18,669    18,759 
Energy – Canada
   2,341    2,743 
  
 
 
   
 
 
 
  $60,498   $63,158