XML 100 R46.htm IDEA: XBRL DOCUMENT
v3.24.4

Leases (Tables) | 12 Months Ended
--- | ---
Oct. 31, 2024
Leases [Abstract] |
Schedule of Components of the Company’s Operating Lease Portfolio | The following table presents the components of the Company’s operating lease portfolio included in property, plant and equipment, net as of October 31 (in thousands):
| 2024 |  | 2023
Land and land improvements | $ | 12,219 |  |  | $ | 12,333 |
Buildings, equipment and building improvements | 20,671 |  |  | 20,729 |
Orchards | 8,410 |  |  | 8,410 |
Less: accumulated depreciation | (9,765) |  |  | (8,931) |
Property, plant and equipment, net under operating leases | $ | 31,535 |  |  | $ | 32,541 |
Schedule of Rental Operations Revenue | The Company's rental operations revenue consists of the following for the fiscal years ended October 31 (in thousands):
|  |  |  |  | 2024 |  | 2023 |  |
Operating lease revenue |  |  |  |  | $ | 5,255 |  |  | $ | 5,174 |  |  |
Variable lease revenue |  |  |  |  | 325 |  |  | 346 |  |  |
Total lease revenue |  |  |  |  | $ | 5,580 |  |  | $ | 5,520 |  |  |
Schedule of Future Minimum Lease Payments to be Received Related to Net Operating Lease Agreements | The future minimum lease payments to be received by the Company related to these operating lease agreements as of October 31, 2024 are as follows (in thousands):
2025 | $ | 1,245 |
2026 | 316 |
2027 | 160 |
2028 | 104 |
2029 | 49 |
Thereafter | 641 |
Total | $ | 2,515 |
Schedule of Lease Costs | Lease costs consist of the following for the fiscal years ended October 31 (in thousands):
|  |  |  |  | 2024 |  | 2023
Operating lease costs |  |  |  |  | $ | 2,050 |  |  | $ | 2,000 |
Finance lease costs: |  |  |  |  |  |  |
Amortization of lease assets |  |  |  |  | 223 |  |  | 145 |
Interest on lease liabilities |  |  |  |  | 43 |  |  | 32 |
Variable lease costs |  |  |  |  | 319 |  |  | — |
Short-term lease costs |  |  |  |  | 208 |  |  | 600 |
Total lease costs |  |  |  |  | $ | 2,843 |  |  | $ | 2,777 |
Schedule of Supplemental Balance Sheet Information Related to Leases | Supplemental balance sheet information related to leases consists of the following as of October 31 (in thousands):
| Classification |  | 2024 |  | 2023
Assets |  |  |  |  |
Operating lease ROU assets | Other assets |  | $ | 2,416 |  |  | $ | 3,484 |
Finance lease assets | Other assets |  | 772 |  |  | 1,182 |
|  |  | $ | 3,188 |  |  | $ | 4,666 |
Liabilities |  |  |  |  |
Current operating lease liabilities | Accrued liabilities |  | $ | 2,075 |  |  | $ | 1,831 |
Current finance lease liabilities | Accrued liabilities |  | 220 |  |  | 319 |
Non-current operating lease liabilities | Other long-term liabilities |  | 400 |  |  | 1,714 |
Non-current finance lease liabilities | Other long-term liabilities |  | 418 |  |  | 602 |
|  |  | $ | 3,113 |  |  | $ | 4,466 |
Weighted-average remaining lease term (in years): |  |  |  |
Operating leases |  |  | 1.5 |  | 1.6
Finance leases |  |  | 3.3 |  | 3.1
Weighted-average discount rate: |  |  |  |  |
Operating leases |  |  | 6.8 | % |  | 4.9 | %
Finance leases |  |  | 7.1 % |  | 4.2 | %
Schedule of Supplemental Cash Flow Information Related to Leases | Supplemental cash flow information related to leases consists of the following for the fiscal years ended October 31 (in thousands):
| 2024 |  | 2023 |  |
Cash paid for amounts included in the measurement of lease liabilities: |  |  |  |  |
Operating cash outflows from operating leases | $ | 2,037 |  |  | $ | 1,931 |  |  |
Operating cash outflows from finance leases | $ | 43 |  |  | $ | 32 |  |  |
Financing cash outflows from finance leases | $ | 360 |  |  | $ | 297 |  |  |
ROU assets obtained in exchange for new operating lease liabilities | $ | 766 |  |  | $ | 138 |  |  |
Leased assets obtained in exchange for new finance lease liabilities | $ | 677 |  |  | $ | 235 |  |  |
Write off of ROU asset and operating lease liability | $ | — |  |  | $ | (1,206) |  |  |
Schedule of Future Minimum Lease Payments under Non-Cancellable Leases | Future minimum lease payments under non-cancellable leases are as follows (in thousands), which excludes $1,315,000 of operating and finance lease payments for leases that have been signed but not commenced:
| Operating |  | Finance |  | Total
2025 | $ | 2,075 |  |  | $ | 220 |  |  | $ | 2,295 |
2026 | 371 |  |  | 220 |  |  | 591 |
2027 | 138 |  |  | 196 |  |  | 334 |
2028 | 11 |  |  | 77 |  |  | 88 |
2029 | 3 |  |  | — |  |  | 3 |
Total lease payments | 2,598 |  |  | 713 |  |  | 3,311 |
Less: Imputed interest | (123) |  |  | (75) |  |  | (198) |
Present value of lease liabilities | $ | 2,475 |  |  | $ | 638 |  |  | $ | 3,113 |
Summary of Future Minimum Lease Payments under Non-Cancellable Leases | Future minimum lease payments under non-cancellable leases are as follows (in thousands), which excludes $1,315,000 of operating and finance lease payments for leases that have been signed but not commenced:
| Operating |  | Finance |  | Total
2025 | $ | 2,075 |  |  | $ | 220 |  |  | $ | 2,295 |
2026 | 371 |  |  | 220 |  |  | 591 |
2027 | 138 |  |  | 196 |  |  | 334 |
2028 | 11 |  |  | 77 |  |  | 88 |
2029 | 3 |  |  | — |  |  | 3 |
Total lease payments | 2,598 |  |  | 713 |  |  | 3,311 |
Less: Imputed interest | (123) |  |  | (75) |  |  | (198) |
Present value of lease liabilities | $ | 2,475 |  |  | $ | 638 |  |  | $ | 3,113 |

X
- Definition Lessee, Operating Lease, Supplemental Balance Sheet Information [Table Text Block] + References No definition available. + Details
Name: | lmnr_LesseeOperatingLeaseSupplementalBalanceSheetInformationTableTextBlock
Namespace Prefix: | lmnr_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessee, Operating Lease, Supplemental Cash Flow Information [Table Text Block] + References No definition available. + Details
Name: | lmnr_LesseeOperatingLeaseSupplementalCashFlowInformationTableTextBlock
Namespace Prefix: | lmnr_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Lessor, Operating Lease, Carrying Value Of Assets Subject To Leases + References No definition available. + Details
Name: | lmnr_LessorOperatingLeaseCarryingValueOfAssetsSubjectToLeasesTableTextBlock
Namespace Prefix: | lmnr_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-12 + Details
Name: | us-gaap_LessorOperatingLeasePaymentsToBeReceivedMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of components of income from operating lease. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479773/842-30-50-5 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 6A -Publisher FASB -URI https://asc.fasb.org/1943274/2147482964/270-10-50-6A + Details
Name: | us-gaap_OperatingLeaseLeaseIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration