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Property, Plant and Equipment
 12 Months Ended
Oct. 31, 2021
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Property, Plant and Equipment
Property, plant and equipment consists of the following at October 31 (in thousands):
 20212020
Land$95,868 $96,334 
Land improvements35,440 33,733 
Buildings and building improvements48,565 48,441 
Equipment62,598 60,124 
Orchards63,454 61,098 
Construction in progress22,477 20,469 
 328,402 320,199 
Less accumulated depreciation(85,982)(77,550)
 $242,420 $242,649 
Depreciation expense was $8,883,000, $9,098,000 and $7,944,000 for fiscal years 2021, 2020 and 2019, respectively.
In August 2020, the Company sold property located in Lindsay, California. The Company received net proceeds of $6,011,000 after transaction and other costs, and recorded a loss of approximately $424,000, which is included in loss (gain) on disposal of assets in the consolidated statements of operations.
In September 2019, the Company sold its multi-use Mercantile property consisting of a retail convenience store, gas station, car wash and quick serve restaurant located in Santa Paula, California. The Company received net proceeds of $4,000,000 and recognized a gain of approximately $586,000, which is included in loss (gain) on disposal of assets in the consolidated statement of operations.