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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
Net revenues:        
Agribusiness $ 47,954 $ 52,387 $ 129,080 $ 131,309
Other operations 1,171 1,172 3,452 3,477
Total net revenues 49,125 53,559 132,532 134,786
Costs and expenses:        
Agribusiness 40,691 46,826 114,071 125,318
Other operations 1,017 1,010 3,189 3,396
Selling, general and administrative 4,043 3,909 15,154 15,557
Total costs and expenses 45,751 51,745 132,414 144,271
Operating income (loss) 3,374 1,814 118 (9,485)
Other income (expense):        
Interest income 211 0 279 0
Interest expense, net of patronage dividends (574) (92) (1,062) (1,089)
Equity in earnings of investments, net 1,462 832 2,471 341
Loss on stock in Calavo Growers, Inc. 0 0 0 (6,299)
Other income, net 32 11 83 246
Total other income (expense) 1,131 751 1,771 (6,801)
Income (loss) before income tax (provision) benefit 4,505 2,565 1,889 (16,286)
Income tax (provision) benefit (1,335) (765) (1,122) 5,876
Net income (loss) 3,170 1,800 767 (10,410)
Net loss attributable to noncontrolling interest 535 509 663 1,409
Net income (loss) attributable to Limoneira Company 3,705 2,309 1,430 (9,001)
Preferred dividends (125) (125) (376) (376)
Net income (loss) attributable to common stock $ 3,580 $ 2,184 $ 1,054 $ (9,377)
Basic net income (loss) per common share (in dollars per share) $ 0.20 $ 0.12 $ 0.06 $ (0.54)
Diluted net income (loss) per common share (in dollars per share) $ 0.20 $ 0.12 $ 0.06 $ (0.54)
Weighted-average common shares outstanding-basic (in shares) 17,461,000 17,623,000 17,439,000 17,607,000
Weighted-average common shares outstanding-diluted (in shares) 18,243,000 18,497,000 17,439,000 17,607,000
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Agribusiness Agribusiness Agribusiness Agribusiness
Cost, Product and Service [Extensible List] Agribusiness Agribusiness Agribusiness Agribusiness