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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Net revenues:        
Agribusiness $ 45,369 $ 43,989 $ 83,452 $ 81,126
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,381 $ 1,143 $ 2,572 $ 2,281
Total net revenues 46,750 45,132 86,024 83,407
Costs and expenses:        
Agribusiness $ 37,599 $ 36,442 $ 78,843 $ 73,380
Cost, Product and Service [Extensible List] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,093 $ 1,090 $ 2,167 $ 2,172
Loss on disposal of assets, net 346 0 261 0
Selling, general and administrative 5,126 5,216 11,725 11,111
Total costs and expenses 44,164 42,748 92,996 86,663
Operating income (loss) 2,586 2,384 (6,972) (3,256)
Other (expense) income:        
Interest income 27 25 48 68
Interest expense, net of patronage dividends (696) (622) (481) (488)
Equity in earnings of investments, net 299 643 350 1,009
Other income, net 78 57 93 51
Total other (expense) income (292) 103 10 640
Income (loss) before income tax (expense) benefit 2,294 2,487 (6,962) (2,616)
Income tax (expense) benefit (722) (974) 1,928 213
Net income (loss) 1,572 1,513 (5,034) (2,403)
Net (income) loss attributable to noncontrolling interest (11) 420 77 128
Net income (loss) attributable to Limoneira Company 1,561 1,933 (4,957) (2,275)
Preferred dividends (126) (126) (251) (251)
Net income (loss) attributable to common stock $ 1,435 $ 1,807 $ (5,208) $ (2,526)
Basic net loss per common share (in dollars per share) $ 0.08 $ 0.10 $ (0.30) $ (0.15)
Diluted net loss per common share (in dollars per share) $ 0.08 $ 0.10 $ (0.30) $ (0.15)
Weighted-average common shares outstanding-basic (in shares) 17,511,000 17,461,000 17,461,000 17,429,000
Weighted-average common shares outstanding-diluted (in shares) 17,511,000 17,461,000 17,461,000 17,429,000