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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2023
Oct. 31, 2022
Oct. 31, 2021
Operating activities      
Net income $ 9,117 $ (474) $ (3,897)
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 8,576 9,798 9,812
(Gain) loss on disposal of assets, net (28,849) (4,500) 109
Gain on legal settlement (853) 0 0
Stock compensation expense 3,841 2,732 2,582
Non-cash lease expense 1,647 442 520
Equity in earnings of investments, net (5,322) (1,341) (3,203)
Cash distributions from equity investments 220 483 219
Deferred income taxes (1,947) 548 (189)
Other, net 168 1,831 335
Changes in operating assets and liabilities:      
Accounts receivable and receivables/other from related parties 815 1,845 (5,076)
Cultural costs 2,455 (1,148) (639)
Prepaid expenses and other current assets 1,487 (325) (1,021)
Income taxes payable (1,035) 0 5,911
Other assets 1,230 (134) (5)
Accounts payable and growers and suppliers payable (1,772) 1,853 5,389
Accrued liabilities and payables to related parties (2,921) 3,269 (730)
Other long-term liabilities (2,727) (49) (512)
Net cash (used in) provided by operating activities (15,870) 14,830 9,605
Investing activities      
Capital expenditures (10,305) (10,066) (9,834)
Net proceeds from sales of assets 98,545 19,259 119
Net proceeds from legal settlement 853 0 0
Net proceeds from sale of real estate development assets 2,577 7,917 0
Cash distribution from Trapani Fresh 122 122 0
Collection on notes receivable 155 2,755 25
Equity investment contributions and capitalized interest (847) (48) 0
Cash distribution from equity investment 0 0 106
Investments in mutual water companies and water rights (523) (506) (653)
Net cash provided by (used in) investing activities 90,577 19,433 (10,237)
Financing activities      
Borrowings of long-term debt 57,940 146,941 102,196
Repayments of long-term debt (122,921) (173,755) (95,140)
Proceeds from equipment financings 0 1,020 0
Principal paid on finance leases and equipment financings (491) (377) (18)
Dividends paid – common (5,382) (5,315) (5,303)
Dividends paid – preferred (501) (501) (501)
Exchange of common stock (567) (1,530) (700)
Net cash (used in) provided by financing activities (71,922) (33,517) 534
Effect of exchange rate changes on cash (11) (328) 36
Net increase (decrease) in cash 2,774 418 (62)
Cash at beginning of period 857 439 501
Cash at end of period 3,631 857 439
Supplemental disclosures of cash flow information      
Cash paid during the period for interest (net of amounts capitalized) 652 2,064 1,503
Cash paid (received) during the period for income taxes 7,229 83 (5,911)
Non-cash investing and financing activities:      
Contribution of real estate development to equity investment 0 7,975 0
Reduction of net payables to related parties 0 2,392 0
Reduction of note receivable 0 388 0
Capital expenditures accrued but not paid at period-end $ 309 $ 430 $ 657