XML 15 R4.htm IDEA: XBRL DOCUMENT v3.25.1
CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Apr. 30, 2025
Apr. 30, 2024
Net revenues:        
Agribusiness $ 33,582 $ 43,257 $ 66,434 $ 81,596
Revenue from Contract with Customer, Product and Service [Extensible Enumeration] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,537 $ 1,349 $ 2,990 $ 2,741
Total net revenues 35,119 44,606 69,424 84,337
Costs and expenses:        
Agribusiness $ 31,704 $ 40,436 $ 65,203 $ 79,550
Cost, Product and Service [Extensible List] Agribusiness Agribusiness Agribusiness Agribusiness
Other operations $ 1,009 $ 1,429 $ 2,180 $ 2,611
Gain on sales of water rights 0 0 (1,488) 0
Loss (gain) on disposal of assets, net 18 48 12 (117)
Selling, general and administrative 5,733 7,368 12,208 14,713
Total costs and expenses 38,464 49,281 78,115 96,757
Operating loss (3,345) (4,675) (8,691) (12,420)
Other income (expense):        
Interest income 13 14 28 36
Interest expense, net of patronage dividends (228) (351) (488) (558)
Equity in earnings of investments, net 491 16,592 593 16,633
Other income, net 5 197 16 219
Total other income 281 16,452 149 16,330
(Loss) income before income tax (provision) benefit (3,064) 11,777 (8,542) 3,910
Income tax (provision) benefit (301) (5,222) 2,106 (1,032)
Net (loss) income (3,365) 6,555 (6,436) 2,878
Net loss attributable to noncontrolling interest 4 12 1 104
Net (loss) income attributable to Limoneira Company (3,361) 6,567 (6,435) 2,982
Preferred dividends (126) (126) (251) (251)
Net (loss) income applicable to common stock $ (3,487) $ 6,441 $ (6,686) $ 2,731
Basic net (loss) income per common share (in dollars per share) $ (0.20) $ 0.36 $ (0.38) $ 0.15
Diluted net (loss) income per common share (in dollars per share) $ (0.20) $ 0.35 $ (0.38) $ 0.15
Weighted-average common shares outstanding-basic (in shares) 17,825 17,707 17,808 17,677
Weighted-average common shares outstanding-diluted (in shares) 17,825 18,362 17,808 17,677