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Segment Information
 6 Months Ended
Apr. 30, 2020
Segment Reporting [Abstract]  
Segment Information
Segment Information

The Company operates in four reportable operating segments: fresh lemons, lemon packing, avocados and other agribusiness. The Company’s operating segments of rental operations and real estate development are no longer disclosed as separate reportable operating segments and are included in the “Corporate and Other” category in the tables below as they do not meet the quantitative threshold and from a qualitative perspective are not a core focus of the Company's main agribusiness activities. Prior years’ information has been restated to conform to the current year’s presentation. The reportable operating segments of the Company are strategic business units with different products and services, distribution processes and customer bases. The fresh lemons segment includes sales, farming and harvesting expenses and third-party grower costs relative to fresh lemons. The lemon packing segment includes packing revenues and shipping and handling revenues relative to lemon packing. The lemon packing segment expenses are comprised of lemon packing costs. The lemon packing segment revenues include intersegment revenues between fresh lemons and lemon packing. The intersegment revenues are included gross in the segment note and a separate line item is shown as an elimination. The avocados segment includes sales, farming and harvest costs. The other agribusiness segment includes sales, farming and harvest costs of oranges, specialty citrus and other crops. Revenues related to rental operations are included in “Corporate and Other”. Other agribusiness revenues for the three and six months ended April 30, 2020, consists of oranges of $2,667,000 and $4,939,000, respectively, and specialty citrus and other crops of $1,152,000 and $3,044,000, respectively. Other agribusiness revenues for the three and six months ended April 30, 2019, consists of oranges of $1,991,000 and $2,937,000, respectively, and specialty citrus and other crops of $1,910,000 and $3,165,000, respectively.

The Company does not separately allocate depreciation and amortization to its fresh lemons, lemon packing, avocados and other agribusiness segments. No asset information is provided for reportable operating segments, as these specified amounts are not included in the measure of segment profit or loss reviewed by the Company’s chief operating decision maker. The Company measures operating performance, including revenues and operating income, of its operating segments and allocates resources based on its evaluation. The Company does not allocate selling, general and administrative expense, other income, interest expense and income taxes, or specifically identify them to its operating segments. The Company earns packing revenue for packing lemons grown on its orchards and lemons procured from third-party growers. Intersegment revenues represent packing revenues related to lemons grown on the Company’s orchards.

Segment information for the three months ended April 30, 2020 (in thousands):
 
Fresh
Lemons
Lemon
Packing
Eliminations
 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers
$
28,715

$
3,883

$
—

$
2,022

$
3,819

$
38,439

$
1,132

$
39,571

Intersegment revenue
—

8,454

(8,454
)
—

—

—

—

—

Total net revenues
28,715

12,337

(8,454
)
2,022

3,819

38,439

1,132

39,571

Costs and expenses
26,961

10,328

(8,454
)
1,561

3,393

33,789

6,182

39,971

Depreciation and amortization
—

—

—

—

—

2,160

273

2,433

Operating income (loss)
$
1,754

$
2,009

$
—

$
461

$
426

$
2,490

$
(5,323
)
$
(2,833
)





20. Segment Information (continued)

Segment information for the three months ended April 30, 2019 (in thousands):
 
Fresh
Lemons
Lemon
Packing
Eliminations
 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers
$
32,428

$
3,954

$
—

$
540

$
3,901

$
40,823

$
1,212

$
42,035

Intersegment revenue
—

8,157

(8,157
)
—

—

—

—

—

Total net revenues
32,428

12,111

(8,157
)
540

3,901

40,823

1,212

42,035

Costs and expenses
27,915

10,664

(8,157
)
921

3,875

35,218

5,701

40,919

Depreciation and amortization
—

—

—

—

—

1,860

261

2,121

Operating income (loss)
$
4,513

$
1,447

$
—

$
(381
)
$
26

$
3,745

$
(4,750
)
$
(1,005
)
 
Segment information for the six months ended April 30, 2020 (in thousands):
 
Fresh
Lemons
Lemon
Packing
Eliminations
 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers
$
60,772

$
7,977

$
—

$
2,190

$
7,983

$
78,922

$
2,305

$
81,227

Intersegment revenue
—

15,559

(15,559
)
—

—

—

—

—

Total net revenues
60,772

23,536

(15,559
)
2,190

7,983

78,922

2,305

81,227

Costs and expenses
61,312

18,937

(15,559
)
2,034

7,324

74,048

13,480

87,528

Depreciation and amortization
—

—

—

—

—

4,444

554

4,998

Operating income (loss)
$
(540
)
$
4,599

$
—

$
156

$
659

$
430

$
(11,729
)
$
(11,299
)

Segment information for the six months ended April 30, 2019 (in thousands):
 
Fresh
Lemons
Lemon
Packing
Eliminations
 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers
$
66,921

$
8,057

$
—

$
543

$
6,102

$
81,623

$
2,430

$
84,053

Intersegment revenue
—

15,201

(15,201
)
—

—

—

—

—

Total net revenues
66,921

23,258

(15,201
)
543

6,102

81,623

2,430

84,053

Costs and expenses
59,997

19,448

(15,201
)
1,637

6,385

72,266

11,565

83,831

Depreciation and amortization
—

—

—

—

—

3,728

519

4,247

Operating income (loss)
$
6,924

$
3,810

$
—

$
(1,094
)
$
(283
)
$
5,629

$
(9,654
)
$
(4,025
)