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Segment Information
12 Months Ended
Oct. 31, 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.”
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 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.
22. Segment Information (continued)
Segment information for fiscal year 2020 (in thousands):
 Fresh
Lemons
Lemon
Packing
EliminationsAvocadosOther
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$124,150 $13,413 $— $8,806 $13,568 $159,937 $4,622 $164,559 
Intersegment revenue— 36,820 (36,820)— — — — — 
Total net revenues124,150 50,233 (36,820)8,806 13,568 159,937 4,622 164,559 
Costs and expenses125,305 42,563 (36,820)5,168 12,122 148,338 25,132 173,470 
Depreciation and amortization— — — — — 8,943 1,154 10,097 
Operating (loss) income$(1,155)$7,670 $— $3,638 $1,446 $2,656 $(21,664)$(19,008)
Segment information for fiscal year 2019 (in thousands):
 Fresh
Lemons
Lemon
Packing
EliminationsAvocadosOther
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$134,342 $15,629 $— $5,391 $11,187 $166,549 $4,849 $171,398 
Intersegment revenue— 30,073 (30,073)— — — — — 
Total net revenues134,342 45,702 (30,073)5,391 11,187 166,549 4,849 171,398 
Costs and expenses120,998 37,639 (30,073)3,150 13,035 144,749 23,530 168,279 
Depreciation and amortization— — — — — 7,623 1,010 8,633 
Operating income (loss)$13,344 $8,063 $— $2,241 $(1,848)$14,177 $(19,691)$(5,514)
Segment information for fiscal year 2018 (in thousands):
 Fresh
Lemons
Lemon
Packing
EliminationsAvocadosOther
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$94,840 $8,990 $— $6,576 $13,938 $124,344 $5,048 $129,392 
Intersegment revenue— 19,971 (19,971)— — — — — 
Total net revenues94,840 28,961 (19,971)6,576 13,938 124,344 5,048 129,392 
Costs and expenses74,809 23,071 (19,971)4,399 9,531 91,839 20,792 112,631 
Depreciation and amortization— — — — — 6,244 1,031 7,275 
Operating income (loss)$20,031 $5,890 $— $2,177 $4,407 $26,261 $(16,775)$9,486 
The following is a detail of other agribusiness revenues for fiscal years 2020, 2019 and 2018 (in thousands):
 Year Ended October 31,
 202020192018
Oranges$7,722 $6,022 $8,884 
Specialty citrus and other crops5,846 5,165 5,054 
Other agribusiness revenues$13,568 $11,187 $13,938