XML 20 R2.htm IDEA: XBRL DOCUMENT v3.20.4
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
 12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Current assets:    
Cash $ 501 $ 616
Accounts receivable, net 16,261 15,114
Cultural costs 6,865 7,223
Prepaid expenses and other current assets 10,688 8,153
Receivables/other from related parties 2,294 2,985
Income taxes receivable 5,911 979
Total current assets 42,520 35,070
Property, plant and equipment, net 242,649 248,114
Real estate development 21,636 17,602
Equity in investments 61,214 58,223
Investment in Calavo Growers, Inc. 0 17,346
Goodwill 1,535 1,839
Intangible assets, net 11,309 12,407
Other assets 8,737 9,266
Total assets 389,600 399,867
Current liabilities:    
Accounts payable 5,838 4,974
Growers payable 8,126 14,500
Accrued liabilities 7,947 8,261
Payables to related parties 6,273 906
Current portion of long-term debt 3,277 3,023
Total current liabilities 31,461 31,664
Long-term liabilities:    
Long-term debt, less current portion 122,571 105,892
Deferred income taxes 22,430 24,346
Other long-term liabilities 6,568 5,467
Total liabilities 183,030 167,369
Commitments and contingencies 0 0
Stockholders' equity:    
Common Stock – $0.01 par value (39,000,000 shares authorized: 17,857,707 and 17,756,180 shares issued and 17,606,730 and 17,756,180 shares outstanding at October 31, 2020 and 2019, respectively) 179 178
Additional paid-in capital 162,084 160,254
Retained earnings 30,797 53,089
Accumulated other comprehensive loss (7,548) (7,255)
Treasury stock, at cost, 250,977 shares at October 31, 2020 (3,493) 0
Noncontrolling interest 13,741 15,422
Total stockholders' equity 195,760 221,688
Total Liabilities and Stockholders' Equity $ 389,600 $ 399,867
Common stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized (in shares) 39,000,000 39,000,000
Treasury stock (in shares) 250,977  
Series B Convertible Preferred Stock    
Long-term liabilities:    
Convertible preferred stock $ 1,479 $ 1,479
Stockholders' equity:    
Preferred stock, par value (in dollars per share) $ 100.00 $ 100.00
Shares of preferred stock authorized (in shares) 50,000 50,000
Preferred stock, shares issued (in shares) 14,790 14,790
Preferred stock coupon rate (percentage) 8.75% 8.75%
Preferred stock, shares outstanding (in shares) 14,790  
Series B-2 Convertible Preferred Stock    
Long-term liabilities:    
Convertible preferred stock $ 9,331 $ 9,331
Stockholders' equity:    
Preferred stock, par value (in dollars per share) $ 100.00 $ 100.00
Shares of preferred stock authorized (in shares) 10,000 10,000
Preferred stock, shares issued (in shares) 9,300 9,300
Preferred stock coupon rate (percentage) 4.00% 4.00%
Preferred stock, shares outstanding (in shares) 9,300 9,300
Temporary Equity, Liquidation Preference Per Share $ 1,000 $ 1,000
Series A Junior Participating Preferred Stock    
Stockholders' equity:    
Series A Junior Participating Preferred Stock – $0.01 par value (20,000 shares authorized: zero issued or outstanding at October 31, 2020 and 2019) $ 0 $ 0
Preferred stock, par value (in dollars per share) $ 0.01 $ 0.01
Shares of preferred stock authorized (in shares) 20,000 20,000
Preferred stock, shares issued (in shares) 0 0
Preferred stock, shares outstanding (in shares) 0 0