CVGW · As filed with the SEC
Calavo Growers cash flow statement, by fiscal year
The statement as Calavo Growers presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED STATEMENTS OF CASH FLOWS · USD
| USD | FY2025 Year ended Oct 31, 2025 | FY2024 Year ended Oct 31, 2024 | FY2023 Year ended Oct 31, 2023 | FY2022 Year ended Oct 31, 2022 |
|---|---|---|---|---|
| Cash Flows from Operating Activities: | ||||
| Net income (loss) | 19,970,000 | (1,024,000) | (7,967,000) | (6,602,000) |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||||
| Depreciation and amortization | 7,483,000 | 10,603,000 | 17,282,000 | 16,589,000 |
| Non-cash operating lease expense | (259,000) | (1,751,000) | 38,000 | 20,000 |
| Realized and unrealized net loss on Limoneira shares | — | — | — | 8,605,000 |
| Net loss from unconsolidated entities | 214,000 | 478,000 | 879,000 | 564,000 |
| Impairment of goodwill | — | 9,280,000 | — | — |
| Provision of tomato grower advances | 2,301,000 | — | — | — |
| Divesture of Calavo Salsa Lisa | — | — | 624,000 | — |
| Impairment and non-cash charges related to closure of Florida facility | — | — | — | 317,000 |
| Gain on sale of Fresh Cut Business | — | (192,000) | — | — |
| Provision for uncollectible Mexican IVA taxes receivable | — | 165,000 | 2,474,000 | — |
| Stock-based compensation expense | 1,157,000 | 2,160,000 | 5,210,000 | 3,139,000 |
| Amortization of debt issuance costs | 182,000 | 286,000 | — | — |
| Gain on sale of Temecula packinghouse | (221,000) | (216,000) | (216,000) | (216,000) |
| Loss on disposal of property, plant, and equipment | 141,000 | 56,000 | 40,000 | 186,000 |
| Deferred income taxes | (844,000) | (5,209,000) | 1,851,000 | (117,000) |
| Effect on cash of changes in operating assets and liabilities: | ||||
| Accounts receivable, net | 10,262,000 | (6,540,000) | (2,360,000) | 19,850,000 |
| Inventories | 553,000 | (1,886,000) | (989,000) | 1,837,000 |
| Prepaid expenses and other current assets | 1,727,000 | 1,557,000 | (5,466,000) | (147,000) |
| Advances to suppliers | — | — | — | (4,677,000) |
| Advances to suppliers | (206,000) | 714,000 | (1,326,000) | — |
| Income taxes receivable/payable | (4,064,000) | 2,945,000 | 3,620,000 | 8,128,000 |
| Other assets | (6,583,000) | 2,438,000 | (7,594,000) | (4,961,000) |
| Payable to growers | (3,024,000) | 3,589,000 | (5,435,000) | (2,809,000) |
| Trade accounts payable, accrued expenses and other liabilities | — | — | — | 10,527,000 |
| Trade accounts payable, accrued expenses and other liabilities | (7,247,000) | 6,966,000 | (15,131,000) | — |
| Net cash provided by (used in) operating activities | 21,542,000 | 24,419,000 | (14,466,000) | 50,233,000 |
| Cash Flows from Investing Activities: | ||||
| Purchases of property, plant, and equipment | (2,151,000) | (2,890,000) | (10,694,000) | (9,769,000) |
| Proceeds received from Fresh Cut Business Sale | — | 83,000,000 | — | — |
| Proceeds received from Limoneira stock sales | — | — | — | 18,450,000 |
| Net cash provided by (used in) investing activities | (2,151,000) | 80,110,000 | (10,694,000) | 8,681,000 |
| Cash Flows from Financing Activities: | ||||
| Payment of dividend to shareholders | (14,288,000) | (8,921,000) | (10,433,000) | (20,330,000) |
| Proceeds from revolving credit facility | — | 85,252,000 | 256,912,000 | 267,200,000 |
| Payments on revolving credit facility | — | (120,276,000) | (223,089,000) | (303,700,000) |
| Payments of debt issuance cost | — | (148,000) | (693,000) | — |
| Issuance of common stock in connection with stock-based compensation, net of tax withholdings | (48,000) | (668,000) | — | (96,000) |
| Proceeds from term loan | — | — | 4,063,000 | — |
| Proceeds from sale leaseback | — | — | — | 240,000 |
| Payments on long-term obligations and finance leases | — | — | — | (1,996,000) |
| Payments on term loan | — | (4,063,000) | — | — |
| Payments on long-term obligations and finance leases | (931,000) | (1,526,000) | (1,930,000) | — |
| Proceeds from stock option exercises | — | — | 48,000 | 47,000 |
| Net cash provided by (used in) financing activities | (15,267,000) | (50,350,000) | 24,878,000 | (58,635,000) |
| Net increase (decrease) in cash, cash equivalents | 4,124,000 | 54,179,000 | (282,000) | 279,000 |
| Cash, cash equivalents, beginning of period | 57,031,000 | 2,852,000 | 3,134,000 | 2,855,000 |
| Cash, cash equivalents, end of period | 61,155,000 | 57,031,000 | 2,852,000 | 3,134,000 |
| Supplemental Information: | ||||
| Interest | 827,000 | 2,637,000 | 2,492,000 | 1,482,000 |
| Income taxes | 7,880,000 | 2,292,000 | 1,492,000 | 2,601,000 |
| Noncash Investing and Financing Activities: | ||||
| Right of use assets obtained in exchange for new financing lease obligations | 719,000 | 641,000 | 2,814,000 | 611,000 |
| Settlement of Agricola Belher infrastructure advance offset against payable to growers | 600,000 | 606,000 | 928,000 | 1,060,000 |
| Property, plant, and equipment included in trade accounts payable and accrued expenses | 11,000 | 51,000 | 1,794,000 | 160,000 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.