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Segment Information
12 Months Ended
Oct. 31, 2022
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 harvest costs and third-party grower and supplier 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 and brokered fruit 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 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 fiscal year 2022 (in thousands):
 Fresh
Lemons
Lemon
Packing
EliminationsAvocadosOther
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$120,885 $22,176 $— $17,331 $18,889 $179,281 $5,324 $184,605 
Intersegment revenue— 29,817 (29,817)— — — — — 
Total net revenues120,885 51,993 (29,817)17,331 18,889 179,281 5,324 184,605 
Costs and expenses115,119 43,017 (29,817)5,524 18,204 152,047 20,559 172,606 
Depreciation and amortization— — — — — 8,604 1,194 9,798 
Operating income (loss)$5,766 $8,976 $— $11,807 $685 $18,630 $(16,429)$2,201 
Segment information for fiscal year 2021 (in thousands):
 Fresh
Lemons
Lemon
Packing
EliminationsAvocadosOther
Agribusiness
Total
Agribusiness
Corporate
and Other
Total
Revenues from external customers$125,448 $17,514 $— $6,784 $11,635 $161,381 $4,646 $166,027 
Intersegment revenue— 25,637 (25,637)— — — — — 
Total net revenues125,448 43,151 (25,637)6,784 11,635 161,381 4,646 166,027 
Costs and expenses116,117 36,018 (25,637)4,211 9,157 139,866 22,682 162,548 
Depreciation and amortization— — — — — 8,626 1,186 9,812 
Operating (loss) income$9,331 $7,133 $— $2,573 $2,478 $12,889 $(19,222)$(6,333)
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)
20. Segment Information (continued)
The following is a detail of other agribusiness revenues for fiscal years 2022, 2021 and 2020 (in thousands):
 Year Ended October 31,
 202220212020
Oranges$9,911 $4,382 $7,722 
Specialty citrus and other crops8,978 7,253 5,846 
Other agribusiness revenues$18,889 $11,635 $13,568