XML 54 R33.htm IDEA: XBRL DOCUMENT v3.22.4

Summary of Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2022

Accounting Policies [Abstract]

Summary of Estimated Useful Lives of Property, Plant and Equipment

Depreciation is computed using the straight-line method at rates based upon the estimated useful lives of the related assets as follows (in years):

Land improvements			10 – 30
Buildings and building improvements			10 – 50
Equipment			5 – 20
Orchards and vineyards			20 – 40

Summary of the Changes in Other Comprehensive (Loss) Income by Component

The following table summarizes the changes in other comprehensive (loss) income by component (in thousands):

			2022																		2021																		2020
			Pre-tax Amount						Tax (Expense) Benefit						Net Amount						Pre-tax Amount						Tax (Expense) Benefit						Net Amount						Pre-tax Amount						Tax (Expense) Benefit						Net Amount
Foreign currency translation adjustments			$	(2,430)					$	—					$	(2,430)					$	(685)					$	—					$	(685)					$	(707)					$	—					$	(707)
Minimum pension liability adjustments:
Other comprehensive (loss) income before reclassifications			(254)						71						(183)						3,440						(940)						2,500						205						69						274
Amounts reclassified to earnings included in "Other (expense) income, net"			607						(169)						438						—						—						—						—						—						—
Available-for-sale securities:
Amounts reclassified to earnings included in "Selling, general and administrative"			—						—						—						—						—						—						—						140						140
Other comprehensive (loss) income			$	(2,077)					$	(98)					$	(2,175)					$	2,755					$	(940)					$	1,815					$	(502)					$	209					$	(293)

Summary of the Changes in Accumulated Other Comprehensive (Loss) Income by Component

The following table summarizes the changes in accumulated other comprehensive (loss) income by component (in thousands):

			Foreign Currency Translation Loss						Defined Benefit Pension Plan						Available-for-Sale Securities						Accumulated Other Comprehensive (Loss) Income
Balance as of October 31, 2019			(2,362)						(4,753)						(140)						(7,255)
Other comprehensive (loss) income			(707)						274						140						(293)
Balance as of October 31, 2020			(3,069)						(4,479)						—						(7,548)
Other comprehensive (loss) income			(685)						2,500						—						1,815
Balance as of October 31, 2021			(3,754)						(1,979)						—						(5,733)
Other comprehensive (loss) income			(2,430)						255						—						(2,175)
Balance as of October 31, 2022			$	(6,184)					$	(1,724)					$	—					$	(7,908)

X

- Definition

Tabular disclosure of the useful lives for property, plant and equipment.

+ References

No definition available.

+ Details

Name:	lmnr_ScheduleOfPropertyPlantAndEquipmentUsefulLifeTableTextBlock
Namespace Prefix:	lmnr_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_AccountingPoliciesAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI https://asc.fasb.org/extlink&oid=126968391&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI https://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

+ Details

Name:	us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of components of comprehensive income (loss). Includes, but is not limited to, foreign currency translation adjustments, foreign currency transactions designated as economic hedges of a net investment in foreign entity, gain (loss) and prior service cost (credit) for pension plans and other postretirement benefit plans.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=126968391&loc=d3e526-108580

+ Details

Name:	us-gaap_ScheduleOfComprehensiveIncomeLossTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration