XML 20 R9.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended 12 Months Ended
Apr. 30, 2023
Jan. 31, 2023
Apr. 30, 2022
Jan. 31, 2022
Apr. 30, 2023
Apr. 30, 2022
Oct. 31, 2022
Operating activities              
Net (loss) income $ (1,630) $ 15,534 $ 1,572 $ (6,606) $ 13,904 $ (5,034)  
Adjustments to reconcile net income (loss) to net cash used in operating activities:              
Depreciation and amortization 2,044   2,483   4,491 4,963  
(Gain) loss on disposal of assets, net         (30,744) 261  
Gain on legal settlement         (853) 0  
Stock compensation expense         2,029 1,375  
Non-cash lease expense         802 207  
Equity in earnings of investments, net (62)   (299)   (315) (350)  
Cash distributions from equity investments         0 132  
Deferred income taxes         5,915 (1,928)  
Other, net         162 360  
Changes in operating assets and liabilities:              
Accounts receivable and receivables/other from related parties         (1,583) (3,877)  
Cultural costs         2,051 4,640  
Prepaid expenses and other current assets         (5,105) (2,392)  
Income taxes payable         (330) 0  
Other assets         21 33  
Accounts payable and growers and suppliers payable         (5,340) (413)  
Accrued liabilities and payables to related parties         (2,708) 1,030  
Other long-term liabilities         (840) (167)  
Net cash used in operating activities         (18,443) (1,160)  
Investing activities              
Capital expenditures         (5,417) (4,123)  
Net proceeds from sales of assets         98,506 1,121  
Net proceeds from sale of real estate development assets         2,577 0  
Cash distribution from Trapani Fresh         82 0  
Collection on note receivable         0 2,600  
Equity investment contributions         (275) 0  
Investments in mutual water companies and water rights         (51) (40)  
Net cash provided by (used in) investing activities         95,422 (442)  
Financing activities              
Borrowings of long-term debt         57,940 75,247  
Repayments of long-term debt         (122,775) (68,762)  
Principal paid on finance lease and equipment financings         (215) (169)  
Dividends paid – common         (2,685) (2,653)  
Dividends paid – preferred         (251) (251)  
Exchange of common stock         (26) (1,086)  
Net cash (used in) provided by financing activities         (68,012) 2,326  
Effect of exchange rate changes on cash         9 (203)  
Net increase in cash         8,976 521  
Cash at beginning of period   $ 857   $ 439 857 439 $ 439
Cash at end of period $ 9,833   $ 960   9,833 960 $ 857
Supplemental disclosures of cash flow information              
Cash paid during the period for interest (net of amounts capitalized)         397 431  
Cash paid during the period for income taxes         330 0  
Non-cash investing and financing activities:              
Capital expenditures accrued but not paid at period-end         325 88  
Accrued contribution obligation of investment in water company         $ 450 $ 450