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Segment Information (Tables) | 12 Months Ended
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Oct. 31, 2023
Segment Reporting [Abstract] |
Schedule of Segment Information by Segment | Segment information for fiscal year 2023 is as follows (in thousands):
| Fresh Lemons | Lemon Packing | Eliminations | Avocados | Other Agribusiness | Total Agribusiness | Corporate and Other | Total
Revenues from external customers | $ | 121,537 |  | $ | 20,573 |  | $ | — |  | $ | 7,046 |  | $ | 25,225 |  | $ | 174,381 |  | $ | 5,520 |  | $ | 179,901 |
Intersegment revenue | — |  | 31,081 |  | (31,081) |  | — |  | — |  | — |  | — |  | — |
Total net revenues | 121,537 |  | 51,654 |  | (31,081) |  | 7,046 |  | 25,225 |  | 174,381 |  | 5,520 |  | 179,901 |
Costs and expenses (gains) | 120,494 |  | 45,689 |  | (31,081) |  | 4,034 |  | 22,710 |  | 161,846 |  | (1,304) |  | 160,542 |
Depreciation and amortization | — |  | — |  | — |  | — |  | — |  | 7,323 |  | 1,253 |  | 8,576 |
Operating income | $ | 1,043 |  | $ | 5,965 |  | $ | — |  | $ | 3,012 |  | $ | 2,515 |  | $ | 5,212 |  | $ | 5,571 |  | $ | 10,783 |
Segment information for fiscal year 2022 is as follows (in thousands):
| Fresh Lemons | Lemon Packing | Eliminations | Avocados | Other 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 revenues | 120,885 |  | 51,993 |  | (29,817) |  | 17,331 |  | 18,889 |  | 179,281 |  | 5,324 |  | 184,605 |
Costs and expenses | 115,119 |  | 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 is as follows (in thousands):
| Fresh Lemons | Lemon Packing | Eliminations | Avocados | Other 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 revenues | 125,448 |  | 43,151 |  | (25,637) |  | 6,784 |  | 11,635 |  | 161,381 |  | 4,646 |  | 166,027 |
Costs and expenses | 116,117 |  | 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) |
Revenues related to rental operations are included in “Corporate and Other.” The detail of other agribusiness revenues for fiscal years ended October 31, is as follows (in thousands):
|  |  |  |  | 2023 |  | 2022 |  | 2021
Oranges |  |  |  |  | $ | 5,779 |  |  | $ | 9,911 |  |  | $ | 4,382 |
Specialty citrus and other |  |  |  |  | 9,515 |  |  | 8,978 |  |  | 7,253 |
Farm management |  |  |  |  | 9,931 |  |  | — |  |  | — |
Other agribusiness revenues |  |  |  |  | $ | 25,225 |  |  | $ | 18,889 |  |  | $ | 11,635 |

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