v3.26.1
Related Party Transactions
 6 Months Ended
Apr. 30, 2026
Related Party Transactions [Abstract]  
Related Party Transactions Related Party Transactions
Transactions with related parties included in the condensed consolidated financial statements were as follows:
Condensed Consolidated Balance Sheets
April 30, 2026October 31, 2025
(In millions)
Accounts receivable
Property, plant and equipment, net
Accounts payable & accrued expenses
Finance lease liabilities
Accounts receivable
Property, plant and equipment, net
Accounts payable & accrued expenses
Finance lease liabilities
Equity method investees:
Henry Avocado$— $— $— $— $— $— $0.1 $— 
Mr. Avocado— — — — 0.4 — — — 
Other:
Directors/Officers(1)
0.3 18.7 0.4 20.8 0.1 19.2 — 21.8 
Employees(2)
— — 0.8 — — — 1.0 — 
Condensed Consolidated Statements of (Loss) Income
(In millions)Net salesCost of salesInterest expense
Net sales
Cost of sales
Interest expense
Three Months Ended
April 30, 2026		Three Months Ended
April 30, 2025
Equity method investees:
Henry Avocado$— $0.1 $— $0.1 $— $— 
Other:
Directors/Officers(1)
1.2 0.8 0.5 0.8 1.5 0.5 
Employees(2)
— 3.1 — — 3.2 — 
Six Months Ended
April 30, 2026		Six Months Ended
April 30, 2025
Equity method investees:   
Henry Avocado$— $0.3 $— $0.1 $— $— 
Other:
Directors/Officers(1)
1.7 1.0 1.0 1.4 1.8 1.0 
Employees(2)
— 5.8 — — 4.4 — 
(1)The Company purchases from and sells fruit to, and provides logistics services to, a small number of entities having full or partial ownership by some of our directors/officers. These transactions are made under substantially similar terms as with other growers and customers. Our blueberries business leases land under a long-term lease with a company owned by one of our directors. The rental rate in the lease was comparable to market rates and reflective of an arms-length transaction. The lease was accounted for as a finance lease right-of-use asset and is included in property, plant and equipment, net in the consolidated balance sheets, with amortization and interest expense recognized in cost of sales and interest expense, respectively, in the condensed consolidated statements of (loss) income. The portion of lease costs attributable to noncontrolling interest, net of income taxes, was $0.3 million for both the three months ended April 30, 2026 and 2025 and $0.5 million for both the six months ended April 30, 2026 and 2025; amounts were included as part of net income attributable to noncontrolling interest in the condensed consolidated statements of (loss) income.
(2)The Company utilizes a small number of transportation vendors in Mexico having full or partial ownership by some of our employees. The Company also purchases avocados from a small number of entities having full or partial ownership by some employees. These transactions are made under substantially similar terms as with other transportation carriers and growers.