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Property, Plant and Equipment | 12 Months Ended
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Oct. 31, 2022
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):
| 2022 |  | 2021
Land | $ | 87,617 |  |  | $ | 95,868 |
Land improvements | 37,221 |  |  | 35,440 |
Buildings and building improvements | 37,929 |  |  | 48,565 |
Equipment | 61,615 |  |  | 62,598 |
Orchards and vineyards | 60,657 |  |  | 63,454 |
Construction in progress | 28,489 |  |  | 22,477 |
| 313,528 |  |  | 328,402 |
Less accumulated depreciation | (90,900) |  |  | (85,982) |
| $ | 222,628 |  |  | $ | 242,420 |
Depreciation expense was $9,075,000, $8,883,000 and $9,098,000 for fiscal years 2022, 2021 and 2020, 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 (gain) loss on disposal of assets in the consolidated statements of operations. In October 2022, the Company sold the Oxnard Lemon property and packing facility located in Ventura County, California. The Company received net proceeds of $19,144,000 and recognized a gain of approximately $846,000, which is included in (gain) loss on disposal of assets in the consolidated statements of operations. Concurrent with the closing of the sale, the 4. Property, Plant and Equipment (continued)Company entered into a lease agreement to continue use of the property as a lessee for a period of 36 months from the closing date

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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99893-112916 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI https://asc.fasb.org/topic&trid=2155823 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 7 -URI https://asc.fasb.org/extlink&oid=126982197&loc=SL120174063-112916 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 958 -SubTopic 360 -Section 50 -Paragraph 1 -Subparagraph (d) -URI https://asc.fasb.org/extlink&oid=126982197&loc=d3e99779-112916 + Details
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