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Fruit Growers Supply Cooperative
12 Months Ended
Oct. 31, 2020
Fruit Growers Supply Cooperative [Abstract]  
Fruit Growers Supply Cooperative Fruit Growers Supply Cooperative
The Company is a member of Fruit Growers Supply (“FGS”), a cooperative supply corporation. FGS is the manufacturing and supply affiliate of Sunkist. FGS allocates after-tax earnings derived from non-member business to members. The allocations may then be disbursed to members as dividends no less than five years after allocation. The declaration of dividends is subject to approval by the FGS Board of Directors and members may receive amounts less than those originally allocated. The Company records allocations disbursed by FGS as reductions of agribusiness expenses. As of October 31, 2020 and 2019, the Company had been allocated $729,000, of which the Company received dividends of $513,000 in fiscal year 2020, leaving an ending allocation of $216,000 as of October 31, 2020. The Company received no dividends in fiscal years 2019 or 2018.
During September 2011, the Company settled a claim with Sunkist in which Sunkist requested a refund of $586,000 of fiscal year 2010 lemon by-products revenue. The Company assigned 50% of future dividends it receives from FGS up to the amount of claim in the unconditional settlement of the claim. The balance of the claim as of October 31, 2019 was $251,000 and the claim was paid in full in fiscal year 2020.