XML 52 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended 12 Months Ended
Jul. 31, 2024
Jan. 31, 2024
Jul. 31, 2023
Jan. 31, 2023
Jul. 31, 2024
Jul. 31, 2023
Oct. 31, 2023
Operating activities              
Net income (loss) $ 6,216 $ (3,677) $ (1,250) $ 15,534 $ 9,094 $ 12,654  
Adjustments to reconcile net income to net cash provided by (used in) operating activities:              
Depreciation and amortization 2,115   2,019   6,273 6,510  
Impairment of intangible asset 643   0   643 0  
Gain on disposal of assets, net         (129) (29,199)  
Gain on legal settlement         0 (853)  
Stock compensation expense         3,139 2,785  
Non-cash lease expense         1,361 1,226  
Equity in earnings of investments, net (483)   (199)   (17,116) (514)  
Cash distributions from equity investments         15,005 220  
Deferred income taxes         4,051 5,537  
Other, net         14 161  
Changes in operating assets and liabilities:              
Accounts receivable and receivables/other from related parties         (7,125) (3,881)  
Cultural costs         (973) 2,175  
Prepaid expenses and other current assets         (1,381) (336)  
Other assets         (150) 19  
Accounts payable and growers and suppliers payable         (668) (4,442)  
Accrued liabilities and payables to related parties         2,913 (3,073)  
Income taxes payable         (2,319) (330)  
Other long-term liabilities         (1,366) (1,247)  
Net cash provided by (used in) operating activities         11,266 (12,588)  
Investing activities              
Capital expenditures         (6,721) (8,960)  
Net proceeds from sales of assets         950 98,526  
Net proceeds from legal settlement         0 853  
Net proceeds from sale of real estate development assets         0 2,577  
Cash distribution from Trapani Fresh         61 82  
Collection on notes receivable         66 66  
Equity investment contributions and capitalized interest         (528) (275)  
Investments in mutual water companies and water rights         (512) (511)  
Net cash (used in) provided by investing activities         (6,684) 92,358  
Financing activities              
Borrowings of long-term debt         115,202 57,940  
Repayments of long-term debt         (115,527) (122,827)  
Principal paid on finance leases and equipment financings         (520) (323)  
Dividends paid – common         (4,052) (4,034)  
Dividends paid – preferred         (376) (376)  
Exchange of common stock         (1,835) (26)  
Net cash used in financing activities         (7,108) (69,646)  
Effect of exchange rate changes on cash         (15) 26  
Net (decrease) increase in cash         (2,541) 10,150  
Cash at beginning of period   $ 3,631   $ 857 3,631 857 $ 857
Cash at end of period $ 1,090   $ 11,007   1,090 11,007 $ 3,631
Supplemental disclosures of cash flow information              
Cash paid during the period for interest (net of amounts capitalized)         808 592  
Cash paid during the period for income taxes, net         2,319 330  
Non-cash investing and financing activities:              
Capital expenditures accrued but not paid at period-end         348 0  
Cancellation of loan guarantee related to equity investment         $ 1,080 $ 0