XML 67 R46.htm IDEA: XBRL DOCUMENT
v3.23.4

Income Taxes (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Income (Loss) Before Income Tax for Domestic and Foreign Locations | A reconciliation of income (loss) before income taxes for domestic and foreign locations for the fiscal years ended October 31 are as follows (in thousands):
| 2023 |  | 2022 |  | 2021
United States | $ | 14,395 |  |  | $ | 1,911 |  |  | $ | (1,459) |
Foreign | (1,031) |  |  | (1,562) |  |  | (2,704) |
Income (loss) before income taxes | $ | 13,364 |  |  | $ | 349 |  |  | $ | (4,163) |
Schedule of Components of (Provisions) Benefit of Income Tax Expense | The components of the (provision) benefit for income taxes for the fiscal years ended October 31 are as follows (in thousands):
| 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
Federal | $ | (5,696) |  |  | $ | (178) |  |  | $ | 37 |
State | (498) |  |  | (93) |  |  | 40 |
Foreign | — |  |  | (4) |  |  | — |
Total current tax (provision) benefit | (6,194) |  |  | (275) |  |  | 77 |
Deferred: |  |  |  |  |
Federal | 2,665 |  |  | (477) |  |  | (17) |
State | (717) |  |  | (127) |  |  | 127 |
Foreign | (1) |  |  | 56 |  |  | 79 |
Total deferred tax (provision) benefit | 1,947 |  |  | (548) |  |  | 189 |
Total income tax (provision) benefit | $ | (4,247) |  |  | $ | (823) |  |  | $ | 266 |
Schedule of Deferred Tax Assets | The components of deferred income tax assets as of October 31 are as follows (in thousands):
| 2023 |  | 2022
Deferred income tax assets: |  |  |
Reserves and other accruals | $ | 698 |  |  | $ | 752 |
Net operating losses | 1,970 |  |  | 5,917 |
Lease liabilities | 951 |  |  | 1,672 |
Minimum pension liability adjustment | — |  |  | 621 |
Other assets | 43 |  |  | 151 |
Stock-based compensation | 1,320 |  |  | 604 |
Total deferred income tax assets | 4,982 |  |  | 9,717 |
Valuation allowance | (2,299) |  |  | (1,536) |
Total net deferred income tax assets | 2,683 |  |  | 8,181 |
Deferred income tax liabilities: |  |  |
Property taxes | (19) |  |  | (135) |
Depreciation | (13,335) |  |  | (18,343) |
Amortization | (107) |  |  | (175) |
Land and other indefinite life assets | (4,138) |  |  | (6,592) |
Investment in joint ventures and other basis adjustments | (6,119) |  |  | (4,449) |
Right-of-use assets | (935) |  |  | (1,660) |
Prepaids and receivables | (178) |  |  | (298) |
Other | (24) |  |  | (26) |
Total deferred income tax liabilities | (24,855) |  |  | (31,678) |
Net deferred income tax liabilities | $ | (22,172) |  |  | $ | (23,497) |
Deferred income taxes — noncurrent assets | $ | — |  |  | $ | — |
Deferred income taxes — noncurrent liabilities | $ | (22,172) |  |  | $ | (23,497) |
Schedule of Net Operating Loss | The net operating losses begin to expire as follows (in thousands):
Jurisdiction | Gross Amount |  | Begin to Expire
State | 1,195 |  |  | 10/31/2040
Chile | 3,232 |  |  | Indefinite
Holland | 144 |  |  | 10/31/2025
Argentina | 4,043 |  |  | 10/31/2025
Schedule of Effective Income Tax Rate Reconciliation | The provision for income taxes differs from the amount of income tax determined by applying the U.S. statutory federal income tax rate to pretax income as a result of the following differences for the fiscal years ended October 31 (in thousands):
| 2023 |  | 2022 |  | 2021
| Amount |  | % |  | Amount |  | % |  | Amount |  | %
(Provision) benefit at statutory rates | $ | (2,806) |  |  | (21.0) | % |  | $ | (73) |  |  | (21.0) | % |  | $ | 874 |  |  | (21.0) | %
State income tax, net of federal benefit | (814) |  |  | (6.2) | % |  | (74) |  |  | (21.1) | % |  | 224 |  |  | (5.4) | %
Share-based compensation | 20 |  |  | 0.2 | % |  | (110) |  |  | (31.2) | % |  | (217) |  |  | 5.2 | %
Executive compensation | (395) |  |  | (3.0) | % |  | (98) |  |  | (27.9) | % |  | (45) |  |  | 1.1 | %
Tax law change | 137 |  |  | 1.0 | % |  | — |  |  | — | % |  | 57 |  |  | (1.4) | %
State rate adjustment | (95) |  |  | (0.7) | % |  | (59) |  |  | (16.9) | % |  | (78) |  |  | 1.9 | %
Valuation allowance | (436) |  |  | (3.3) | % |  | (357) |  |  | (101.8) | % |  | (831) |  |  | 20.0 | %
Foreign rate differential | 66 |  |  | 0.5 | % |  | 74 |  |  | 21.1 | % |  | 130 |  |  | (3.1) | %
Noncontrolling interest | (48) |  |  | (0.4) | % |  | (41) |  |  | (11.8) | % |  | (83) |  |  | 2.0 | %
Other permanent items | 247 |  |  | 1.9 | % |  | (12) |  |  | (3.5) | % |  | 235 |  |  | (5.7) | %
Tax credit and others | (123) |  |  | (0.8) | % |  | (73) |  |  | (20.7) | % |  | — |  |  | — | %
Total income tax (provision) benefit | $ | (4,247) |  |  | (31.8) | % |  | $ | (823) |  |  | (234.8) | % |  | $ | 266 |  |  | (6.4) | %

X
- References No definition available. + Details
Name: | us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 9 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-9 + Details
Name: | us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 2 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-2 + Details
Name: | us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 740 -SubTopic 10 -Name Accounting Standards Codification -Paragraph 12 -Section 50 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-12 + Details
Name: | us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of income before income tax between domestic and foreign jurisdictions. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(h)(1)(Note 1)) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480678/235-10-S99-1 + Details
Name: | us-gaap_ScheduleOfIncomeBeforeIncomeTaxDomesticAndForeignTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of pertinent information, such as tax authority, amounts, and expiration dates, of net operating loss carryforwards, including an assessment of the likelihood of utilization. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 740 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org//1943274/2147482685/740-10-50-3 + Details
Name: | us-gaap_SummaryOfOperatingLossCarryforwardsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration