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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2022
Operating activities      
Net income (loss) $ 7,174 $ 9,117 $ (474)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 8,374 8,576 9,798
Impairment of intangible asset 643 0 0
Gain on disposal of assets, net (507) (28,849) (4,500)
Gain on legal settlement 0 (853) 0
Stock compensation expense 4,116    
Non-cash lease expense 1,831 1,647 442
Equity in earnings of investments, net (18,356) (5,322) (1,341)
Cash distributions from equity investments 15,005 220 483
Deferred income taxes (2,087) (1,947) 548
Other, net 1 168 1,831
Changes in operating assets and liabilities:      
Accounts receivable and receivables/other from related parties 1,105 815 1,845
Cultural costs 454 2,455 (1,148)
Prepaid expenses and other current assets 353 1,487 (325)
Other assets (160) 1,230 (134)
Accounts payable and growers and suppliers payable (3,343) (1,772) 1,853
Accrued liabilities and payables to related parties 3,780 (2,921) 3,269
Income taxes payable 1,272 (1,035) 0
Other long-term liabilities (1,802) (2,727) (49)
Net cash provided by (used in) operating activities 17,853 (15,870) 14,830
Investing activities      
Capital expenditures (9,413) (10,305) (10,066)
Net proceeds from sales of assets 1,043 98,545 19,259
Net proceeds from legal settlement 0 853 0
Net proceeds from sale of real estate development assets 0 2,577 7,917
Cash distributions from Trapani Fresh 122 122 122
Cash distributions from equity investment 148 0 0
Collection on notes receivable 132 155 2,755
Equity investment contributions and capitalized interest (693) (847) (48)
Investments in mutual water companies and water rights (526) (523) (506)
Net cash (used in) provided by investing activities (9,187) 90,577 19,433
Financing activities      
Borrowings of long-term debt 175,685 57,940 146,941
Repayments of long-term debt (176,057) (122,921) (173,755)
Proceeds from equipment financings 0 0 1,020
Principal paid on finance leases and equipment financings (698) (491) (377)
Dividends paid – common (5,406) (5,382) (5,315)
Dividends paid – preferred (501) (501) (501)
Exchange of common stock (2,313) (567) (1,530)
Net cash used in financing activities (9,290) (71,922) (33,517)
Effect of exchange rate changes on cash (11) (11) (328)
Net (decrease) increase in cash (635) 2,774 418
Cash at beginning of period 3,631 857 439
Cash at end of period 2,996 3,631 857
Supplemental disclosures of cash flow information      
Cash paid during the period for interest (net of amounts capitalized) 971 652 2,064
Cash paid during the period for income taxes, net 5,194 7,229 83
Non-cash investing and financing activities:      
Contribution of real estate development to equity investment 0 0 7,975
Reduction of net payables to related parties 0 0 2,392
Reduction of note receivable 0 0 388
Capital expenditures accrued but not paid at period-end 382 309 430
Cancellation of loan guarantee related to equity investment $ 1,080 $ 0 $ 0