Segment Information (Tables)

6 Months Ended

Apr. 30, 2025

Segment Reporting [Abstract]

Schedule of Segment Information by Segment

Segment information for the three months ended April 30, 2025 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Eliminations			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	22,652		$	4,652		$	—		$	2,780		$	3,498		$	33,582		$	1,537		$	35,119
Intersegment revenues			—			9,196			(9,196)			—			—			—			—			—
Total net revenues			22,652			13,848			(9,196)			2,780			3,498			33,582			1,537			35,119
Costs and expenses			22,279			12,126			(9,196)			1,623			3,006			29,838			6,517			36,355
Depreciation and amortization			—			—			—			—			—			1,866			243			2,109
Operating (loss) income			$	373		$	1,722		$	—		$	1,157		$	492		$	1,878		$	(5,223)		$	(3,345)

17. Segment Information (continued)

Segment information for the three months ended April 30, 2024 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Eliminations			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	30,841		$	4,964		$	—		$	2,348		$	5,104		$	43,257		$	1,349		$	44,606
Intersegment revenues			—			10,914			(10,914)			—			—			—			—			—
Total net revenues			30,841			15,878			(10,914)			2,348			5,104			43,257			1,349			44,606
Costs and expenses			28,869			13,588			(10,914)			1,425			5,680			38,648			8,533			47,181
Depreciation and amortization			—			—			—			—			—			1,788			312			2,100
Operating (loss) income			$	1,972		$	2,290		$	—		$	923		$	(576)		$	2,821		$	(7,496)		$	(4,675)

Segment information for the six months ended April 30, 2025 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Eliminations			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	46,368		$	9,197		$	—		$	2,942		$	7,927		$	66,434		$	2,990		$	69,424
Intersegment revenues			—			16,466			(16,466)			—			—			—			—			—
Total net revenues			46,368			25,663			(16,466)			2,942			7,927			66,434			2,990			69,424
Costs and expenses			46,708			22,717			(16,466)			1,660			6,944			61,563			12,427			73,990
Depreciation and amortization			—			—			—			—			—			3,640			485			4,125
Operating (loss) income			$	(340)		$	2,946		$	—		$	1,282		$	983		$	1,231		$	(9,922)		$	(8,691)

Segment information for the six months ended April 30, 2024 is as follows (in thousands):


			Fresh Lemons			Lemon Packing			Eliminations			Avocados			Other Agribusiness			Total Agribusiness			Corporate and Other			Total
Revenues from external customers			$	58,225		$	10,556		$	—		$	2,348		$	10,467		$	81,596		$	2,741		$	84,337
Intersegment revenues			—			17,630			(17,630)			—			—			—			—			—
Total net revenues			58,225			28,186			(17,630)			2,348			10,467			81,596			2,741			84,337
Costs and expenses			57,710			24,306			(17,630)			1,425			10,207			76,018			16,581			92,599
Depreciation and amortization			—			—			—			—			—			3,532			626			4,158
Operating (loss) income			$	515		$	3,880		$	—		$	923		$	260		$	2,046		$	(14,466)		$	(12,420)

Revenues related to rental operations are included in “Corporate and Other.” The detail of other agribusiness revenues is as follows (in thousands):


			Three Months Ended April 30,												Six Months Ended April 30,
			2025						2024						2025						2024
Oranges			$	1,574					$	1,160					$	3,142					$	2,301
Specialty citrus and wine grapes			671						839						1,174						1,925
Farm management			339						2,046						1,520						4,094
Other			914						1,059						2,091						2,147
Other agribusiness revenues			$	3,498					$	5,104					$	7,927					$	10,467