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Segment Information
9 Months Ended
Jul. 31, 2021
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company operates in four reportable operating segments: fresh lemons, lemon packing, avocados and other agribusiness. 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 consisted of oranges of $1,981,000 and $4,476,000 and specialty citrus and other crops of $1,065,000 and $4,089,000 for the three and nine months ended July 31, 2021, respectively. Other agribusiness revenues consisted of oranges of $2,232,000 and $7,171,000 and specialty citrus and other crops of $788,000 and $3,832,000 for the three and nine months ended July 31, 2020, 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, total other income (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 July 31, 2021 (in thousands):
 Fresh
Lemons
Lemon
Packing
Eliminations 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$36,295 $4,540 $— $4,073 $3,046 $47,954 $1,171 $49,125 
Intersegment revenue— 7,192 (7,192)— — — — — 
Total net revenues36,295 11,732 (7,192)4,073 3,046 47,954 1,171 49,125 
Costs and expenses31,846 9,279 (7,192)2,708 1,956 38,597 4,717 43,314 
Depreciation and amortization— — — — — 2,094 343 2,437 
Operating income (loss)$4,449 $2,453 $— $1,365 $1,090 $7,263 $(3,889)$3,374 
18. Segment Information (continued)

Segment information for the three months ended July 31, 2020 (in thousands):
 Fresh
Lemons
Lemon
Packing
Eliminations 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$39,459 $3,775 $— $6,133 $3,020 $52,387 $1,172 $53,559 
Intersegment revenue— 16,330 (16,330)— — — — — 
Total net revenues39,459 20,105 (16,330)6,133 3,020 52,387 1,172 53,559 
Costs and expenses39,694 15,988 (16,330)2,537 2,666 44,555 4,633 49,188 
Depreciation and amortization— — — — — 2,271 286 2,557 
Operating (loss) income$(235)$4,117 $— $3,596 $354 $5,561 $(3,747)$1,814 

Segment information for the nine months ended July 31, 2021 (in thousands):
 Fresh
Lemons
Lemon
Packing
Eliminations 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$98,195 $15,540 $— $6,780 $8,565 $129,080 $3,452 $132,532 
Intersegment revenue— 23,159 (23,159)— — — — — 
Total net revenues98,195 38,699 (23,159)6,780 8,565 129,080 3,452 132,532 
Costs and expenses89,982 29,684 (23,159)4,141 6,832 107,480 17,444 124,924 
Depreciation and amortization— — — — — 6,591 899 7,490 
Operating income (loss)$8,213 $9,015 $— $2,639 $1,733 $15,009 $(14,891)$118 

Segment information for the nine months ended July 31, 2020 (in thousands):
 Fresh
Lemons
Lemon
Packing
Eliminations 
Avocados
Other
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$100,231 $11,752 $— $8,323 $11,003 $131,309 $3,477 $134,786 
Intersegment revenue— 31,889 (31,889)— — — — — 
Total net revenues100,231 43,641 (31,889)8,323 11,003 131,309 3,477 134,786 
Costs and expenses101,006 34,925 (31,889)4,571 9,990 118,603 18,113 136,716 
Depreciation and amortization— — — — — 6,715 840 7,555 
Operating (loss) income$(775)$8,716 $— $3,752 $1,013 $5,991 $(15,476)$(9,485)