Mission Produce, Inc(NASDAQ:AVO)

Mission Produce, Inc. engages in sourcing, producing, and distributing avocados in the United States and internationally. The company operates through two segments, Marketing and Distribution, and International Farming. It serves retail, wholesale, and foodservice customers. The company was founded ...
Website: http://www.worldsfinestavocados.com
Founded: 1983
Full Time Employees: 3,125
CEO: Stephen J. Barnard
Sector: Consumer Defensive
Industry: Farm Products
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At a glance:
Bull Thesis:
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Income Statements:
Quarterly
Annual
| Unit: USD | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 |
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net sales | 290,900,000 | 278,600,000 | 319,000,000 | 357,700,000 | 380,300,000 | 334,200,000 | 354,400,000 | 324,000,000 | 297,600,000 | 258,700,000 | 257,900,000 | 261,400,000 | 221,100,000 | 213,500,000 | 238,000,000 | 313,200,000 | 278,100,000 | 216,600,000 | 237,000,000 | 246,800,000 | 234,700,000 | 173,200,000 | |
yoy | -23.51% | -16.64% | -9.99% | 10.40% | 27.79% | 29.18% | 37.42% | 23.95% | 34.60% | 21.17% | 8.36% | -16.54% | -20.50% | -1.43% | 0.42% | 26.90% | 18.49% | 25.06% | |||||
qoq | 4.41% | -12.66% | -10.82% | -5.94% | 13.79% | -5.70% | 9.38% | 8.87% | 15.04% | 0.31% | -1.34% | 18.23% | 3.56% | -10.29% | -24.01% | 12.62% | 28.39% | -8.61% | -3.97% | 5.16% | 35.51% | ||
cost of sales | 270,400,000 | 247,000,000 | 263,300,000 | 312,600,000 | 351,900,000 | 302,700,000 | 298,600,000 | 287,000,000 | 266,600,000 | 230,000,000 | 230,100,000 | 233,000,000 | 203,000,000 | 204,500,000 | 211,100,000 | 270,600,000 | 258,300,000 | 216,100,000 | 203,200,000 | 205,900,000 | 207,600,000 | 150,500,000 | |
gross profit | 20,500,000 | 31,600,000 | 55,700,000 | 45,100,000 | 28,400,000 | 31,500,000 | 55,800,000 | 37,000,000 | 31,000,000 | 28,700,000 | 27,800,000 | 28,400,000 | 18,100,000 | 9,000,000 | 26,900,000 | 42,600,000 | 19,800,000 | 500,000 | 33,800,000 | 40,900,000 | 27,100,000 | 22,700,000 | |
yoy | -27.82% | 0.32% | -0.18% | 21.89% | -8.39% | 9.76% | 100.72% | 30.28% | 71.27% | 218.89% | 3.35% | -33.33% | -8.59% | 1700.00% | -20.41% | 4.16% | -26.94% | -97.80% | |||||
qoq | -35.13% | -43.27% | 23.50% | 58.80% | -9.84% | -43.55% | 50.81% | 19.35% | 8.01% | 3.24% | -2.11% | 56.91% | 101.11% | -66.54% | -36.85% | 115.15% | 3860.00% | -98.52% | -17.36% | 50.92% | 19.38% | ||
gross margin % | 7.05% | 11.34% | 17.46% | 12.61% | 7.47% | 9.43% | 15.74% | 11.42% | 10.42% | 11.09% | 10.78% | 10.86% | 8.19% | 4.22% | 11.30% | 13.60% | 7.12% | 0.23% | 14.26% | 16.57% | 11.55% | 13.11% | |
selling, general and administrative expenses | 21,100,000 | 29,100,000 | 27,700,000 | 24,100,000 | 21,500,000 | 22,200,000 | 27,200,000 | 20,200,000 | 18,700,000 | 20,700,000 | 20,600,000 | 17,400,000 | 19,300,000 | 19,100,000 | 19,500,000 | 20,600,000 | 18,700,000 | 18,700,000 | 15,500,000 | 17,200,000 | 16,300,000 | 14,600,000 | |
transaction advisory costs | 6,400,000 | ||||||||||||||||||||||
operating income | -7,000,000 | 2,500,000 | 28,000,000 | 21,000,000 | 6,900,000 | 9,300,000 | 28,600,000 | 16,800,000 | 12,300,000 | 8,000,000 | 7,200,000 | 11,000,000 | -1,200,000 | -10,100,000 | -42,100,000 | 22,000,000 | 1,100,000 | -18,200,000 | 18,300,000 | 23,700,000 | 10,800,000 | 8,100,000 | |
yoy | -201.45% | -73.12% | -2.10% | 25.00% | -43.90% | 16.25% | 297.22% | 52.73% | -1125.00% | -179.21% | -117.10% | -50.00% | -209.09% | -44.51% | -330.05% | -7.17% | -89.81% | -324.69% | |||||
qoq | -380.00% | -91.07% | 33.33% | 204.35% | -25.81% | -67.48% | 70.24% | 36.59% | 53.75% | 11.11% | -34.55% | -1016.67% | -88.12% | -76.01% | -291.36% | 1900.00% | -106.04% | -199.45% | -22.78% | 119.44% | 33.33% | ||
operating margin % | -2.41% | 0.90% | 8.78% | 5.87% | 1.81% | 2.78% | 8.07% | 5.19% | 4.13% | 3.09% | 2.79% | 4.21% | -0.54% | -4.73% | -17.69% | 7.02% | 0.40% | -8.40% | 7.72% | 9.60% | 4.60% | 4.68% | |
interest expense | -1,900,000 | -1,700,000 | -2,300,000 | -2,400,000 | -2,500,000 | -2,200,000 | -2,700,000 | -3,200,000 | -3,400,000 | -3,300,000 | -3,300,000 | -3,200,000 | -2,700,000 | -2,400,000 | -2,000,000 | -1,500,000 | -1,100,000 | -900,000 | -1,000,000 | -1,000,000 | -800,000 | -900,000 | |
equity method income | 1,300,000 | 1,500,000 | 1,700,000 | 2,000,000 | 900,000 | 800,000 | 1,100,000 | 1,700,000 | 500,000 | 400,000 | 800,000 | 1,800,000 | 400,000 | 1,000,000 | 1,500,000 | 1,700,000 | 300,000 | 1,600,000 | 3,300,000 | 2,100,000 | -200,000 | 2,300,000 | |
other income | -1,100,000 | -1,300,000 | 600,000 | -800,000 | -600,000 | 1,500,000 | 2,300,000 | 1,300,000 | 1,000,000 | 1,100,000 | -1,100,000 | 600,000 | -800,000 | 800,000 | -900,000 | 2,900,000 | 1,600,000 | -300,000 | |||||
income before income taxes | -8,700,000 | 1,000,000 | 28,000,000 | 19,800,000 | 4,700,000 | 9,400,000 | 29,300,000 | 16,600,000 | 10,400,000 | 4,100,000 | 5,800,000 | 8,500,000 | -2,900,000 | -12,300,000 | -41,800,000 | 23,300,000 | 3,200,000 | -15,900,000 | 22,700,000 | 24,300,000 | 9,500,000 | 9,500,000 | |
provision for income taxes | -1,300,000 | 1,100,000 | 11,200,000 | 5,300,000 | 1,700,000 | 3,200,000 | 8,600,000 | 4,500,000 | 3,400,000 | 2,100,000 | -200,000 | 2,300,000 | 1,800,000 | 5,400,000 | 800,000 | -2,500,000 | 5,800,000 | 5,900,000 | 2,100,000 | 7,300,000 | |||
net income | -7,400,000 | -100,000 | 16,800,000 | 14,500,000 | 3,000,000 | 6,200,000 | 20,700,000 | 12,100,000 | 7,000,000 | 2,000,000 | 6,000,000 | 6,200,000 | -4,700,000 | -10,600,000 | -41,800,000 | 17,900,000 | 2,400,000 | -13,400,000 | 16,900,000 | 18,400,000 | 7,400,000 | 2,200,000 | |
yoy | -346.67% | -101.61% | -18.84% | 19.83% | -57.14% | 210.00% | 245.00% | 95.16% | -248.94% | -118.87% | -114.35% | -65.36% | -295.83% | -20.90% | -347.34% | -2.72% | -67.57% | -709.09% | |||||
qoq | 7300.00% | -100.60% | 15.86% | 383.33% | -51.61% | -70.05% | 71.07% | 72.86% | 250.00% | -66.67% | -3.23% | -231.91% | -55.66% | -74.64% | -333.52% | 645.83% | -117.91% | -179.29% | -8.15% | 148.65% | 236.36% | ||
net income margin % | -2.54% | -0.04% | 5.27% | 4.05% | 0.79% | 1.86% | 5.84% | 3.73% | 2.35% | 0.77% | 2.33% | 2.37% | -2.13% | -4.96% | -17.56% | 5.72% | 0.86% | -6.19% | 7.13% | 7.46% | 3.15% | 1.27% | |
less: net income attributable to noncontrolling interest | -200,000 | 600,000 | 800,000 | -200,000 | -100,000 | 2,300,000 | 3,400,000 | -300,000 | 2,000,000 | ||||||||||||||
net income attributable to mission produce | -7,200,000 | -700,000 | 16,000,000 | 14,700,000 | 3,100,000 | 3,900,000 | 17,300,000 | 12,400,000 | 4,000,000 | 6,600,000 | -4,600,000 | -8,800,000 | -42,000,000 | 18,400,000 | |||||||||
net income per share | |||||||||||||||||||||||
basic | -0.1 | -0.01 | 0.22 | 0.21 | 0.04 | 0.06 | 0.25 | 0.17 | 0.1 | 0.06 | 0.09 | -0.07 | -0.12 | -0.59 | 0.26 | 0.03 | -0.19 | 0.24 | 0.26 | 0.1 | 0.03 | ||
diluted | -0.1 | -0.01 | 0.23 | 0.21 | 0.04 | 0.05 | 0.25 | 0.17 | 0.1 | 0.06 | 0.09 | -0.07 | -0.12 | -0.59 | 0.26 | 0.03 | -0.19 | 0.24 | 0.26 | 0.1 | 0.03 | ||
net loss attributable to mission produce | 7,000,000 | ||||||||||||||||||||||
other expense | -1,000,000 | -200,000 | -500,000 | ||||||||||||||||||||
remeasurement gain on business combination with moruga | 500,000 | 2,000,000 | |||||||||||||||||||||
less: net loss attributable to noncontrolling interest | 2,000,000 | -400,000 | |||||||||||||||||||||
net loss attributable to noncontrolling interest | -100,000 | -200,000 | 500,000 | ||||||||||||||||||||
income tax benefit | -1,700,000 | ||||||||||||||||||||||
net income attributable to noncontrolling interest | -1,800,000 | ||||||||||||||||||||||
other comprehensive income, net of tax | |||||||||||||||||||||||
foreign currency translation adjustments | 0.2 | -0.3 | 0.025 | -0.2 | -0.2 | 0.5 | |||||||||||||||||
comprehensive income | 2.6 | -13.7 | 16.8 | 18.2 | 7.2 | 2.7 | |||||||||||||||||
impairment on equity method investment |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 | 2020-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||
current assets: | |||||||||||||||||||||||
cash and cash equivalents | 33,000,000 | 44,800,000 | 64,800,000 | 43,700,000 | 36,700,000 | 40,100,000 | 58,000,000 | 49,500,000 | 46,200,000 | 39,900,000 | 42,900,000 | 23,000,000 | 20,900,000 | 39,200,000 | 52,800,000 | 43,800,000 | 21,400,000 | 25,300,000 | 84,500,000 | 70,900,000 | 54,200,000 | 91,100,000 | 124,000,000 |
restricted cash | 2,100,000 | 2,600,000 | 1,700,000 | 2,900,000 | 2,300,000 | 2,100,000 | 1,300,000 | 400,000 | 1,000,000 | 600,000 | 300,000 | 2,100,000 | 1,300,000 | 1,000,000 | 1,100,000 | 3,100,000 | 2,600,000 | 2,900,000 | 6,100,000 | 4,200,000 | 1,700,000 | 1,600,000 | 1,400,000 |
accounts receivable | |||||||||||||||||||||||
trade, net of allowances of 0.6 and 0.7, respectively | 91,600,000 | 91,000,000 | |||||||||||||||||||||
grower and fruit advances | 2,700,000 | 2,600,000 | 2,700,000 | 3,900,000 | 3,800,000 | 3,700,000 | 1,700,000 | 1,600,000 | 3,200,000 | 1,400,000 | 900,000 | 2,600,000 | 4,300,000 | 1,800,000 | 1,800,000 | 3,100,000 | 4,400,000 | 3,500,000 | 600,000 | 1,500,000 | 3,200,000 | 1,300,000 | 1,500,000 |
other | 14,400,000 | 15,500,000 | 14,600,000 | 18,600,000 | 13,100,000 | 16,500,000 | 15,300,000 | 13,800,000 | 12,900,000 | 13,100,000 | 12,400,000 | 18,900,000 | 14,300,000 | 11,200,000 | 17,300,000 | ||||||||
inventory | 116,600,000 | 99,300,000 | 80,600,000 | 103,400,000 | 112,800,000 | 122,700,000 | 91,200,000 | 83,800,000 | 94,900,000 | 85,900,000 | 70,800,000 | 87,800,000 | 96,000,000 | 76,800,000 | 73,100,000 | 92,700,000 | 90,600,000 | 79,300,000 | 48,200,000 | 66,600,000 | 65,100,000 | 48,000,000 | 38,600,000 |
prepaid expenses and other current assets | 8,900,000 | 9,600,000 | 8,500,000 | 9,100,000 | 8,100,000 | 9,500,000 | 9,400,000 | 8,300,000 | 8,200,000 | 9,100,000 | 9,100,000 | 8,600,000 | 9,900,000 | 10,100,000 | 11,100,000 | 8,300,000 | 7,800,000 | 11,300,000 | 11,600,000 | 12,400,000 | 10,800,000 | 7,500,000 | 8,800,000 |
income taxes receivable | 14,300,000 | 8,200,000 | 8,800,000 | 7,700,000 | 6,700,000 | 2,500,000 | 6,700,000 | 12,200,000 | 10,400,000 | 9,200,000 | 9,600,000 | 12,300,000 | 12,400,000 | 11,200,000 | 8,000,000 | 7,300,000 | 12,600,000 | 10,900,000 | 6,700,000 | 5,900,000 | 6,400,000 | 1,700,000 | 2,900,000 |
total current assets | 283,600,000 | 273,600,000 | 262,200,000 | 284,700,000 | 297,100,000 | 297,200,000 | 279,000,000 | 271,100,000 | 276,300,000 | 244,500,000 | 220,100,000 | 243,900,000 | 238,100,000 | 215,600,000 | 228,100,000 | 267,800,000 | 255,100,000 | 245,700,000 | 247,100,000 | 250,000,000 | 243,800,000 | 232,900,000 | 248,100,000 |
property, plant and equipment | 544,700,000 | 542,100,000 | 542,200,000 | 538,800,000 | 535,800,000 | 528,400,000 | 523,400,000 | 520,500,000 | 523,100,000 | 525,200,000 | 523,200,000 | 528,000,000 | 521,100,000 | 511,600,000 | 489,700,000 | 473,300,000 | 438,200,000 | 436,100,000 | 424,200,000 | 418,600,000 | 412,100,000 | 402,900,000 | 379,100,000 |
operating lease right-of-use assets | 65,700,000 | 67,300,000 | 67,700,000 | 69,500,000 | 68,800,000 | 66,700,000 | 67,800,000 | 69,100,000 | 70,100,000 | 71,400,000 | 72,400,000 | 74,400,000 | 74,700,000 | 74,200,000 | 65,400,000 | 67,500,000 | 49,200,000 | 42,700,000 | 43,900,000 | ||||
equity method investees | 33,100,000 | 36,600,000 | 34,800,000 | 32,900,000 | 32,900,000 | 33,500,000 | 33,000,000 | 31,000,000 | 29,600,000 | 28,600,000 | 31,000,000 | 29,400,000 | 26,100,000 | 25,500,000 | 27,100,000 | 26,000,000 | 52,800,000 | 51,900,000 | 52,700,000 | 49,400,000 | 49,200,000 | 49,600,000 | 46,700,000 |
deferred income tax assets | 10,500,000 | 10,500,000 | 10,200,000 | 9,800,000 | 9,600,000 | 9,400,000 | 9,700,000 | 9,000,000 | 8,800,000 | 8,700,000 | 8,500,000 | 8,900,000 | 8,600,000 | 8,300,000 | 8,100,000 | 8,200,000 | 7,700,000 | 7,600,000 | 7,600,000 | ||||
goodwill | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 39,400,000 | 88,900,000 | 76,400,000 | 76,400,000 | 76,400,000 | 76,400,000 | 76,400,000 | 76,400,000 | 76,400,000 |
other assets | 31,200,000 | 28,200,000 | 26,500,000 | 27,300,000 | 26,900,000 | 23,200,000 | 19,200,000 | 19,800,000 | 19,600,000 | 19,500,000 | 19,700,000 | 19,600,000 | 21,800,000 | 21,600,000 | 19,700,000 | 19,900,000 | 19,500,000 | 18,700,000 | 19,800,000 | 18,100,000 | 18,900,000 | 18,600,000 | 18,100,000 |
total assets | 1,008,200,000 | 997,700,000 | 983,000,000 | 1,002,400,000 | 1,010,500,000 | 997,800,000 | 971,500,000 | 959,900,000 | 966,900,000 | 937,500,000 | 914,800,000 | 944,400,000 | 930,600,000 | 897,000,000 | 879,500,000 | 954,400,000 | 900,800,000 | 881,000,000 | 873,500,000 | 821,400,000 | 808,900,000 | 792,000,000 | 777,300,000 |
liabilities and equity | |||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||
accounts payable | 46,500,000 | 43,400,000 | 47,300,000 | 46,400,000 | 40,700,000 | 47,600,000 | 35,300,000 | 29,700,000 | 26,400,000 | 26,700,000 | 27,200,000 | 43,400,000 | 30,000,000 | 30,500,000 | 34,400,000 | 34,200,000 | 26,300,000 | 21,500,000 | 22,800,000 | 24,000,000 | 21,600,000 | 24,000,000 | 20,500,000 |
accrued expenses | 45,700,000 | 53,300,000 | 38,900,000 | 38,600,000 | 37,500,000 | 46,300,000 | 39,900,000 | 28,900,000 | 32,600,000 | 29,100,000 | 26,400,000 | 26,100,000 | 30,000,000 | 29,400,000 | 30,100,000 | 29,000,000 | 28,900,000 | 41,000,000 | 28,800,000 | 30,100,000 | 33,700,000 | 32,100,000 | 28,300,000 |
income taxes payable | 3,000,000 | 6,800,000 | 5,400,000 | 1,300,000 | 3,000,000 | 7,700,000 | 5,100,000 | 1,700,000 | 2,800,000 | 1,600,000 | 1,300,000 | 800,000 | 500,000 | 1,000,000 | 3,200,000 | 1,800,000 | 1,800,000 | 1,900,000 | 2,900,000 | 900,000 | 1,400,000 | 1,700,000 | |
grower payables | 41,500,000 | 33,300,000 | 23,800,000 | 34,200,000 | 58,700,000 | 60,600,000 | 50,300,000 | 55,300,000 | 49,200,000 | 36,900,000 | 26,400,000 | 28,500,000 | 32,400,000 | 25,400,000 | 24,300,000 | 42,700,000 | 58,000,000 | 36,900,000 | 22,200,000 | 26,700,000 | 31,400,000 | 18,600,000 | 18,800,000 |
short-term borrowings | 1,000,000 | 4,500,000 | 2,900,000 | 3,000,000 | 3,000,000 | 2,800,000 | 2,800,000 | 2,500,000 | |||||||||||||||
loans from noncontrolling interest holders—current portion | 3,400,000 | 700,000 | 200,000 | 200,000 | 200,000 | 600,000 | 100,000 | 200,000 | 200,000 | 200,000 | 500,000 | 500,000 | |||||||||||
long-term debt—current portion | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,100,000 | 3,300,000 | 3,400,000 | 3,600,000 | 3,600,000 | 3,600,000 | 3,500,000 | 8,800,000 | 8,800,000 | 8,800,000 | 8,800,000 | 8,800,000 | 8,200,000 | 7,600,000 | 7,400,000 |
operating leases—current portion | 6,300,000 | 7,700,000 | 6,900,000 | 6,800,000 | 6,700,000 | 7,200,000 | 6,400,000 | 5,800,000 | 6,100,000 | 7,000,000 | 6,600,000 | 6,400,000 | 5,600,000 | 4,900,000 | 4,700,000 | 4,500,000 | 3,900,000 | 3,900,000 | 3,600,000 | ||||
finance leases—current portion | 2,100,000 | 1,600,000 | 3,100,000 | 2,400,000 | 1,800,000 | 1,400,000 | 2,900,000 | 2,400,000 | 1,900,000 | 1,400,000 | 2,600,000 | 2,200,000 | 1,900,000 | 1,200,000 | 1,200,000 | 1,100,000 | 1,100,000 | 1,200,000 | 1,100,000 | ||||
total current liabilities | 148,500,000 | 147,000,000 | 134,500,000 | 139,900,000 | 149,900,000 | 169,700,000 | 149,100,000 | 133,900,000 | 121,700,000 | 107,900,000 | 97,500,000 | 114,800,000 | 104,300,000 | 95,500,000 | 101,700,000 | 123,500,000 | 128,800,000 | 115,100,000 | 89,200,000 | 93,700,000 | 97,000,000 | 84,900,000 | 77,900,000 |
long-term debt | 115,800,000 | 97,000,000 | 92,800,000 | 128,500,000 | 144,200,000 | 114,900,000 | 110,700,000 | 131,400,000 | 167,100,000 | 152,800,000 | 148,600,000 | 164,300,000 | 170,200,000 | 146,000,000 | 136,900,000 | 148,500,000 | 150,700,000 | 152,900,000 | 155,100,000 | 159,700,000 | 162,000,000 | 164,400,000 | 166,700,000 |
loans from noncontrolling interest holders, net of current portion | 900,000 | 900,000 | 900,000 | 900,000 | 1,800,000 | 1,800,000 | 1,800,000 | 1,800,000 | 2,500,000 | 2,500,000 | |||||||||||||
operating leases, net of current portion | 65,500,000 | 67,000,000 | 67,500,000 | 68,900,000 | 68,300,000 | 66,400,000 | 67,400,000 | 68,400,000 | 69,100,000 | 70,300,000 | 71,000,000 | 72,700,000 | 72,900,000 | 72,600,000 | 63,900,000 | 65,400,000 | 47,800,000 | 41,600,000 | 42,500,000 | ||||
finance leases, net of current portion | 21,600,000 | 21,800,000 | 22,000,000 | 21,700,000 | 21,700,000 | 21,600,000 | 21,500,000 | 21,400,000 | 19,900,000 | 20,100,000 | 14,700,000 | 14,800,000 | 15,100,000 | 15,300,000 | 1,400,000 | 1,500,000 | 1,700,000 | 1,900,000 | 2,200,000 | ||||
deferred income tax liabilities | 19,100,000 | 19,100,000 | 19,100,000 | 16,500,000 | 16,500,000 | 16,500,000 | 16,600,000 | 22,700,000 | 22,700,000 | 22,800,000 | 23,500,000 | 28,900,000 | 28,900,000 | 29,000,000 | 29,400,000 | 29,700,000 | 26,800,000 | 26,800,000 | 26,800,000 | ||||
other long-term liabilities | 25,800,000 | 25,400,000 | 26,300,000 | 25,500,000 | 24,700,000 | 23,600,000 | 26,000,000 | 25,300,000 | 23,300,000 | 27,700,000 | 26,400,000 | 23,700,000 | 22,100,000 | 21,400,000 | 20,200,000 | 19,400,000 | 17,100,000 | 17,900,000 | 20,000,000 | 23,100,000 | 23,100,000 | 23,500,000 | 24,300,000 |
total liabilities | 396,600,000 | 377,600,000 | 363,100,000 | 401,900,000 | 426,200,000 | 414,900,000 | 394,400,000 | 406,200,000 | 426,900,000 | 405,700,000 | 386,500,000 | 424,000,000 | 419,200,000 | 382,900,000 | 356,600,000 | 391,100,000 | 376,000,000 | 359,700,000 | 339,300,000 | 317,700,000 | 323,900,000 | 314,900,000 | 303,800,000 |
commitments and contingencies | |||||||||||||||||||||||
shareholders’ equity | |||||||||||||||||||||||
common stock | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 |
additional paid-in capital | 247,600,000 | 246,500,000 | 247,300,000 | 244,100,000 | 242,400,000 | 240,700,000 | 239,700,000 | 237,100,000 | 235,600,000 | 234,100,000 | 233,400,000 | 232,200,000 | 230,900,000 | 229,600,000 | 229,300,000 | 228,200,000 | 227,300,000 | 226,400,000 | 225,600,000 | 224,800,000 | 224,300,000 | 223,600,000 | 222,800,000 |
accumulated other comprehensive income | 1,700,000 | 1,700,000 | 600,000 | 600,000 | 600,000 | ||||||||||||||||||
retained earnings | 329,200,000 | 338,600,000 | 339,300,000 | 323,900,000 | 309,200,000 | 311,300,000 | 307,700,000 | 290,400,000 | 278,000,000 | 271,000,000 | 271,000,000 | 267,600,000 | 261,000,000 | 265,600,000 | 274,400,000 | 316,400,000 | 298,000,000 | 295,600,000 | 309,000,000 | 279,200,000 | 260,800,000 | 253,400,000 | 251,200,000 |
mission produce shareholders' equity | 578,600,000 | 586,900,000 | 587,300,000 | 568,700,000 | 552,300,000 | 550,800,000 | 547,300,000 | 527,300,000 | 513,300,000 | 505,100,000 | 503,600,000 | 499,700,000 | 491,100,000 | 494,100,000 | 502,100,000 | 543,600,000 | |||||||
noncontrolling interest | 33,000,000 | 33,200,000 | 32,600,000 | 31,800,000 | 32,000,000 | 32,100,000 | 29,800,000 | 26,400,000 | 26,700,000 | 26,700,000 | 24,700,000 | 20,700,000 | 20,300,000 | 20,000,000 | 20,800,000 | 19,700,000 | |||||||
total equity | 611,600,000 | 620,100,000 | 619,900,000 | 600,500,000 | 584,300,000 | 582,900,000 | 577,100,000 | 553,700,000 | 540,000,000 | 531,800,000 | 528,300,000 | 520,400,000 | 511,400,000 | 514,100,000 | 522,900,000 | 563,300,000 | |||||||
total liabilities and equity | 1,008,200,000 | 997,700,000 | 983,000,000 | 1,002,400,000 | 1,010,500,000 | 997,800,000 | 971,500,000 | 959,900,000 | 966,900,000 | 937,500,000 | 914,800,000 | 944,400,000 | 930,600,000 | 897,000,000 | 879,500,000 | 954,400,000 | |||||||
current assets | |||||||||||||||||||||||
trade, net of allowances of 0.7 and 0.8, respectively | 80,500,000 | 95,400,000 | 113,600,000 | 100,100,000 | |||||||||||||||||||
liabilities | |||||||||||||||||||||||
notes payable | 500,000 | 500,000 | 500,000 | 500,000 | |||||||||||||||||||
accumulated other comprehensive loss | -1,300,000 | -200,000 | -300,000 | -400,000 | -100,000 | -900,000 | -200,000 | -900,000 | -1,200,000 | -1,700,000 | -1,100,000 | -600,000 | -800,000 | -500,000 | -400,000 | -200,000 | -500,000 | ||||||
trade, net of allowances of 0.8 and 0.9, respectively | 95,400,000 | 85,300,000 | |||||||||||||||||||||
intangible asset | 200,000 | 500,000 | 800,000 | 800,000 | 800,000 | 2,000,000 | 2,800,000 | ||||||||||||||||
trade, net of allowances of 0.7 and 0.9, respectively | 101,500,000 | ||||||||||||||||||||||
trade, net of allowances of 1.3 and 0.9, respectively | 99,500,000 | ||||||||||||||||||||||
trade, net of allowances of 0.9 and 0.3, respectively | 74,100,000 | 88,600,000 | |||||||||||||||||||||
trade, net of allowances of 0.5 and 0.3, respectively | 79,000,000 | ||||||||||||||||||||||
loans from noncontrolling interest holders | 3,400,000 | ||||||||||||||||||||||
trade, net of allowances of 0.3 and 0.3, respectively | 64,300,000 | ||||||||||||||||||||||
trade, net of allowances of 0.3 and 0.2, respectively | 62,900,000 | 57,500,000 | |||||||||||||||||||||
loans to equity method investees | 2,100,000 | 2,100,000 | 2,100,000 | 3,300,000 | 3,200,000 | 2,700,000 | 4,500,000 | 4,500,000 | |||||||||||||||
trade, net of allowances of 0.2 and 0.2, respectively | 91,600,000 | 102,900,000 | |||||||||||||||||||||
miscellaneous receivables | 15,800,000 | 10,700,000 | 9,200,000 | 12,300,000 | 15,500,000 | 13,900,000 | 11,500,000 | 13,400,000 | |||||||||||||||
liabilities and shareholders' equity | |||||||||||||||||||||||
shareholders' equity | |||||||||||||||||||||||
total shareholders' equity | 524,800,000 | 521,300,000 | 534,200,000 | 503,700,000 | 485,000,000 | 477,100,000 | 473,500,000 | ||||||||||||||||
total liabilities and shareholders' equity | 900,800,000 | 881,000,000 | 873,500,000 | 821,400,000 | 808,900,000 | 792,000,000 | 777,300,000 | ||||||||||||||||
trade, net of allowances of 0.1 and 0.2, respectively | 101,200,000 | ||||||||||||||||||||||
trade, net of allowances of 0.2 and 0.3, respectively | 73,800,000 | 69,800,000 | 85,800,000 | ||||||||||||||||||||
liabilities: | |||||||||||||||||||||||
notes receivable from shareholders | -100,000 | ||||||||||||||||||||||
deferred income taxes | 7,100,000 | 7,000,000 | 7,100,000 | 4,400,000 | |||||||||||||||||||
capital leases—current portion | 1,200,000 | 1,200,000 | 1,200,000 | 1,200,000 | |||||||||||||||||||
capital leases, net of current portion | 2,400,000 | 2,700,000 | 3,000,000 | 3,300,000 | |||||||||||||||||||
trade, net of allowances of 0.3 and 0.3 respectively | 70,200,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2025-07-31 | 2025-04-30 | 2025-01-31 | 2024-10-31 | 2024-07-31 | 2024-04-30 | 2024-01-31 | 2023-10-31 | 2023-07-31 | 2023-04-30 | 2023-01-31 | 2022-10-31 | 2022-07-31 | 2022-04-30 | 2022-01-31 | 2021-10-31 | 2021-07-31 | 2021-04-30 | 2021-01-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | |||||||||||||||||||
net income | 14,500,000 | 3,000,000 | 6,200,000 | 20,700,000 | 12,100,000 | 7,000,000 | 2,000,000 | 6,000,000 | -10,600,000 | -41,800,000 | 17,900,000 | 2,400,000 | -13,400,000 | 16,900,000 | 18,400,000 | 7,400,000 | 2,200,000 | ||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||
depreciation and amortization | 8,400,000 | 7,000,000 | 8,700,000 | 10,200,000 | 8,900,000 | 5,700,000 | 12,900,000 | 10,000,000 | 7,600,000 | 5,900,000 | 9,300,000 | 7,600,000 | 7,100,000 | 5,600,000 | 4,500,000 | 6,700,000 | 6,100,000 | 4,000,000 | 3,600,000 |
amortization of debt issuance costs | 100,000 | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 100,000 | 100,000 | 100,000 | 0 | 100,000 | 100,000 |
equity method income | -2,000,000 | -900,000 | -800,000 | -1,100,000 | -1,700,000 | -500,000 | -400,000 | -800,000 | -1,800,000 | -400,000 | -1,000,000 | -1,500,000 | -1,700,000 | -300,000 | -1,600,000 | -3,300,000 | -2,100,000 | 200,000 | -2,300,000 |
noncash lease expense | 1,500,000 | 1,900,000 | 1,800,000 | 1,500,000 | 1,500,000 | 1,600,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,500,000 | 1,400,000 | 1,400,000 | 1,400,000 | 1,300,000 | 1,200,000 | ||||
stock-based compensation | 1,700,000 | 1,900,000 | 2,000,000 | 2,600,000 | 1,500,000 | 1,600,000 | 1,400,000 | 1,300,000 | 1,200,000 | 1,300,000 | 700,000 | 1,000,000 | 900,000 | 900,000 | 800,000 | 600,000 | 500,000 | 700,000 | 800,000 |
dividends received from equity method investees | 2,200,000 | 0 | 0 | 0 | 3,200,000 | 0 | 0 | 0 | 2,700,000 | 0 | 0 | 0 | 2,200,000 | 0 | |||||
losses on asset impairment, disposals and sales | 1,100,000 | 1,700,000 | 100,000 | ||||||||||||||||
deferred income taxes | -100,000 | -6,700,000 | -300,000 | -200,000 | -800,000 | -5,200,000 | -300,000 | -400,000 | -500,000 | 100,000 | -600,000 | 4,000,000 | -200,000 | 100,000 | 4,900,000 | ||||
unrealized losses on foreign currency transactions | -1,500,000 | ||||||||||||||||||
unrealized loss on derivative financial instruments | |||||||||||||||||||
other | -300,000 | 800,000 | -600,000 | -200,000 | -1,300,000 | 200,000 | 900,000 | 0 | -200,000 | 100,000 | -500,000 | ||||||||
effect on cash of changes in operating assets and liabilities: | |||||||||||||||||||
trade accounts receivable | 18,000,000 | -13,300,000 | -5,000,000 | 5,600,000 | -1,300,000 | -14,300,000 | -10,900,000 | 13,200,000 | -8,000,000 | -14,600,000 | -1,200,000 | 28,700,000 | 11,500,000 | -2,000,000 | -27,600,000 | -4,100,000 | 15,900,000 | -15,600,000 | -12,600,000 |
grower fruit advances | 0 | -100,000 | -2,000,000 | -100,000 | 1,600,000 | -1,800,000 | -500,000 | 1,600,000 | 1,800,000 | 1,300,000 | 1,200,000 | -800,000 | -2,900,000 | 900,000 | 1,600,000 | -1,900,000 | 200,000 | ||
other receivables | -5,600,000 | 3,900,000 | -1,600,000 | -1,800,000 | -900,000 | 200,000 | -700,000 | 6,400,000 | -4,600,000 | -2,900,000 | 6,100,000 | ||||||||
inventory | 7,500,000 | 12,200,000 | -31,500,000 | -8,700,000 | 10,200,000 | -6,000,000 | -14,800,000 | 16,100,000 | 8,000,000 | -17,300,000 | -3,800,000 | 19,700,000 | 5,700,000 | -10,900,000 | -29,800,000 | 17,900,000 | -1,600,000 | -17,300,000 | -10,200,000 |
prepaid expenses and other current assets | -1,100,000 | 1,500,000 | -300,000 | -1,000,000 | -100,000 | -500,000 | 1,300,000 | 400,000 | 800,000 | -1,800,000 | 500,000 | 800,000 | 100,000 | -2,000,000 | -800,000 | 1,200,000 | -900,000 | ||
income taxes receivable | -1,000,000 | -4,200,000 | 4,400,000 | 5,500,000 | -1,700,000 | -1,200,000 | 300,000 | 2,700,000 | 100,000 | -1,200,000 | -3,200,000 | -700,000 | 5,400,000 | -1,600,000 | -4,200,000 | -700,000 | 400,000 | -4,700,000 | 1,200,000 |
other assets | 600,000 | -3,700,000 | -4,000,000 | 1,100,000 | 200,000 | 200,000 | 100,000 | -1,300,000 | 900,000 | 2,600,000 | -1,200,000 | -900,000 | 1,200,000 | -700,000 | 600,000 | 1,400,000 | -200,000 | -1,000,000 | -3,700,000 |
accounts payable and accrued expenses | 10,000,000 | -17,000,000 | 18,500,000 | 14,800,000 | -600,000 | 6,600,000 | 4,600,000 | -14,600,000 | 7,700,000 | -300,000 | -1,700,000 | -700,000 | 2,800,000 | -6,000,000 | 13,300,000 | -2,000,000 | 400,000 | 5,700,000 | 4,800,000 |
income taxes payable | 4,100,000 | -2,900,000 | -4,800,000 | 2,700,000 | 3,300,000 | -2,100,000 | 1,200,000 | 300,000 | 500,000 | -500,000 | -500,000 | -2,200,000 | 1,400,000 | -400,000 | -100,000 | -900,000 | 1,700,000 | -500,000 | -400,000 |
grower payables | -24,700,000 | -2,100,000 | 10,400,000 | -5,100,000 | 6,100,000 | 12,400,000 | 10,100,000 | -2,000,000 | -4,000,000 | 7,100,000 | 1,100,000 | -18,700,000 | -15,500,000 | 21,300,000 | 15,100,000 | -4,500,000 | -4,600,000 | 12,700,000 | -200,000 |
operating lease liabilities | -1,500,000 | -2,700,000 | -900,000 | -600,000 | -1,700,000 | -2,100,000 | -900,000 | -1,000,000 | -500,000 | -900,000 | -1,400,000 | -700,000 | -1,200,000 | -1,400,000 | -700,000 | ||||
other long-term liabilities | 1,100,000 | -1,000,000 | -1,800,000 | -300,000 | 3,600,000 | 4,100,000 | -2,200,000 | 1,700,000 | 1,200,000 | 900,000 | 100,000 | -100,000 | -1,400,000 | -2,400,000 | 0 | 200,000 | -500,000 | ||
net cash from operating activities | 34,400,000 | -11,800,000 | -1,200,000 | 38,000,000 | 42,500,000 | 3,400,000 | 9,500,000 | 36,500,000 | 18,800,000 | -24,800,000 | -1,300,000 | 38,200,000 | 34,000,000 | 4,400,000 | -41,400,000 | 31,800,000 | 35,400,000 | -10,500,000 | -9,700,000 |
capital expenditures | -11,800,000 | -13,200,000 | -14,800,000 | -6,900,000 | -7,600,000 | -7,800,000 | -9,900,000 | -2,800,000 | -12,100,000 | -17,300,000 | -17,600,000 | -19,200,000 | -12,900,000 | -8,200,000 | -20,900,000 | -12,100,000 | -14,500,000 | -24,400,000 | -22,400,000 |
free cash flows | 22,600,000 | -25,000,000 | -16,000,000 | 31,100,000 | 34,900,000 | -4,400,000 | -400,000 | 33,700,000 | 6,700,000 | -42,100,000 | -18,900,000 | 19,000,000 | 21,100,000 | -3,800,000 | -62,300,000 | 19,700,000 | 20,900,000 | -34,900,000 | -32,100,000 |
investing activities | |||||||||||||||||||
purchases of property, plant and equipment | -11,800,000 | -13,200,000 | -14,800,000 | -6,900,000 | -7,600,000 | -7,800,000 | -9,900,000 | -2,800,000 | -12,100,000 | -17,300,000 | -17,600,000 | ||||||||
proceeds from sale of property, plant and equipment | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 0 | 100,000 | 2,200,000 | ||||||||||
net cash from investing activities | -11,800,000 | -13,300,000 | -14,900,000 | -7,500,000 | -7,700,000 | -8,400,000 | -9,900,000 | -3,400,000 | -13,200,000 | -19,600,000 | -17,900,000 | -17,200,000 | -8,400,000 | -5,700,000 | -20,100,000 | -11,400,000 | -13,900,000 | -24,400,000 | -20,600,000 |
financing activities | |||||||||||||||||||
borrowings on revolving credit facility | 0 | 40,000,000 | 15,000,000 | 0 | 0 | 25,000,000 | 15,000,000 | 0 | 10,000,000 | 125,000,000 | 10,000,000 | 40,000,000 | 20,000,000 | ||||||
payments on revolving credit facility | -15,000,000 | -10,000,000 | -10,000,000 | -20,000,000 | -35,000,000 | -10,000,000 | -10,000,000 | -15,000,000 | -15,000,000 | 0 | -20,000,000 | ||||||||
repayment of short-term borrowings | -3,800,000 | 0 | -3,500,000 | 0 | 0 | 0 | -2,800,000 | 0 | 0 | 0 | -2,500,000 | ||||||||
borrowings under long-term debt obligations | |||||||||||||||||||
payment of debt restructuring fees | |||||||||||||||||||
principal payments on long-term debt obligations | -800,000 | -700,000 | -800,000 | -700,000 | -900,000 | -900,000 | -900,000 | -800,000 | -900,000 | -900,000 | -900,000 | -56,700,000 | -2,200,000 | -2,200,000 | -2,200,000 | -4,800,000 | -1,800,000 | -1,700,000 | -2,200,000 |
principal payments on finance lease obligations | -200,000 | -400,000 | -100,000 | -200,000 | 1,000,000 | -300,000 | -2,300,000 | -200,000 | -400,000 | -300,000 | -1,700,000 | -200,000 | -400,000 | -300,000 | -300,000 | ||||
payments for long-term supplier financing | -800,000 | 0 | -300,000 | 0 | -200,000 | 0 | -300,000 | ||||||||||||
payments to noncontrolling interest holder for long-term supply financing | 100,000 | 0 | -100,000 | ||||||||||||||||
proceeds from loan from noncontrolling interest holder | 0 | -400,000 | |||||||||||||||||
principal payments on loans due to noncontrolling interest holder | 0 | 0 | 0 | -500,000 | |||||||||||||||
payments of minimum withholding taxes on net share settlement of equity awards | 0 | -200,000 | -1,300,000 | 0 | -100,000 | -700,000 | |||||||||||||
exercise of stock options | 0 | 0 | 300,000 | 0 | |||||||||||||||
purchase and retirement of common stock | 0 | -5,200,000 | -300,000 | ||||||||||||||||
net cash from financing activities | -15,300,000 | 22,100,000 | -1,000,000 | -20,900,000 | -32,200,000 | 11,800,000 | -2,500,000 | -14,800,000 | -3,000,000 | 26,600,000 | 5,500,000 | -14,200,000 | -2,600,000 | -2,500,000 | -2,500,000 | -4,900,000 | -2,100,000 | -2,000,000 | -2,500,000 |
effect of exchange rate changes on cash | 300,000 | 100,000 | -100,000 | 200,000 | -200,000 | 300,000 | 200,000 | -100,000 | 100,000 | 100,000 | |||||||||
net decrease in cash, cash equivalents and restricted cash | -17,100,000 | -2,700,000 | 2,900,000 | -18,000,000 | -13,700,000 | 22,900,000 | -4,200,000 | -64,000,000 | 19,200,000 | -36,800,000 | -32,700,000 | ||||||||
cash, cash equivalents and restricted cash, beginning of period | 0 | 0 | 59,300,000 | 0 | 0 | 0 | 43,200,000 | 0 | 0 | 0 | 53,900,000 | 0 | 0 | 0 | 92,200,000 | 0 | 127,000,000 | ||
cash, cash equivalents and restricted cash, end of period | 7,600,000 | -3,200,000 | 42,200,000 | 9,400,000 | 2,700,000 | 6,700,000 | 40,500,000 | 18,100,000 | 2,900,000 | -18,000,000 | 40,200,000 | 7,000,000 | 22,900,000 | -4,200,000 | 28,200,000 | 15,500,000 | 94,300,000 | ||
summary of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets: | |||||||||||||||||||
cash and cash equivalents | 7,000,000 | 8,500,000 | 3,300,000 | 6,300,000 | 39,900,000 | 19,900,000 | 2,100,000 | -18,300,000 | 39,200,000 | -3,900,000 | 25,300,000 | 91,100,000 | |||||||
restricted cash | 600,000 | 900,000 | -600,000 | 400,000 | 600,000 | -1,800,000 | 800,000 | 300,000 | 1,000,000 | -300,000 | 2,900,000 | 1,600,000 | |||||||
total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows | 7,600,000 | 2,700,000 | 6,700,000 | 40,500,000 | 2,900,000 | -18,000,000 | 40,200,000 | -4,200,000 | 28,200,000 | 94,300,000 | |||||||||
gains on settlement of asset retirement obligations | |||||||||||||||||||
unrealized losses (gains) on foreign currency transactions | |||||||||||||||||||
investment in equity method investees | -1,000,000 | 0 | -700,000 | -1,100,000 | 0 | -300,000 | 0 | -100,000 | 0 | 0 | 0 | -200,000 | |||||||
proceeds from short-term borrowings | 0 | 0 | |||||||||||||||||
net increase in cash, cash equivalents and restricted cash | 7,600,000 | 9,400,000 | 2,700,000 | ||||||||||||||||
unrealized gain on derivative financial instruments | 200,000 | -100,000 | 0 | ||||||||||||||||
adjustments to reconcile net income to net cash from operating activities | |||||||||||||||||||
benefit from losses on accounts receivable | 0 | 0 | |||||||||||||||||
losses on asset impairment, disposals and sales, net of insurance recoveries | 100,000 | 3,400,000 | 200,000 | 200,000 | 100,000 | 400,000 | 500,000 | 300,000 | |||||||||||
goodwill impairment | |||||||||||||||||||
remeasurement gain on business combination with moruga | |||||||||||||||||||
unrealized (gains) losses on foreign currency transactions | |||||||||||||||||||
effect on cash of changes in operating assets and liabilities, net of acquisition: | |||||||||||||||||||
cash acquired in consolidation of moruga | 0 | ||||||||||||||||||
purchase of other investment | 0 | 0 | |||||||||||||||||
loan repayments from equity method investees | 2,000,000 | 0 | 0 | 1,000,000 | 0 | 0 | |||||||||||||
taxes paid related to shares withheld from the settlement of equity awards | -100,000 | 0 | 0 | -400,000 | |||||||||||||||
payment of debt issuance, restructuring or extinguishment fees | |||||||||||||||||||
equity contributions from noncontrolling interest holders | 2,000,000 | 800,000 | |||||||||||||||||
summary of cash, cash equivalents and restricted cash reported within the consolidated balance sheets: | |||||||||||||||||||
total cash, cash equivalents, and restricted cash shown in the consolidated statements of cash flows | |||||||||||||||||||
cash paid during the year for: | |||||||||||||||||||
interest | |||||||||||||||||||
income taxes | |||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||
property, plant and equipment included in liabilities | |||||||||||||||||||
advances for property, plant and equipment included in assets | |||||||||||||||||||
finance leases of property, plant and equipment | |||||||||||||||||||
purchases from noncontrolling interest holder made with payment terms greater than 90 days | |||||||||||||||||||
purchases from suppliers with payment terms greater than 90 days | |||||||||||||||||||
elimination of loan receivable from moruga upon consolidation | |||||||||||||||||||
(recovery) benefit from losses on accounts receivable | |||||||||||||||||||
unrealized (gain) loss on foreign currency transactions | |||||||||||||||||||
finished goods | 42,600,000 | ||||||||||||||||||
crop growing costs | 24,800,000 | ||||||||||||||||||
packaging and supplies | 18,500,000 | ||||||||||||||||||
provision for losses on accounts receivable | 0 | ||||||||||||||||||
unrealized gains on derivative financial instruments | 0 | -100,000 | |||||||||||||||||
insurance proceeds for the replacement of property, plant and equipment | 300,000 | ||||||||||||||||||
loans to equity method investees | 0 | -500,000 | |||||||||||||||||
repayment of stock option notes receivable | |||||||||||||||||||
restricted cash included in other assets | 1,600,000 | ||||||||||||||||||
net loss | |||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities | |||||||||||||||||||
unrealized losses (gains) on derivative financial instruments | 100,000 | ||||||||||||||||||
contributions from noncontrolling interest holders | 1,000,000 | ||||||||||||||||||
losses (gains) on asset impairment, disposals and sales, net of insurance recoveries | 200,000 | 100,000 | |||||||||||||||||
remeasurement gain on acquisition of equity method investee | |||||||||||||||||||
impairment on equity method investment | |||||||||||||||||||
unrealized (gains) losses on derivative financial instruments | -800,000 | ||||||||||||||||||
purchases of property and equipment | -19,200,000 | -12,900,000 | -8,200,000 | -20,900,000 | -12,100,000 | -14,500,000 | -24,400,000 | -22,400,000 | |||||||||||
short-term borrowings | |||||||||||||||||||
payment of debt issuance or extinguishment fees | |||||||||||||||||||
purchase and retirement of stock | |||||||||||||||||||
proceeds from issuance of common stock in public offering, net of issuance costs | |||||||||||||||||||
dividends paid | |||||||||||||||||||
finance leases for equipment and machinery | |||||||||||||||||||
common stock issued in lieu of compensation 7,921 shares issued in 2020) | |||||||||||||||||||
miscellaneous receivables | -2,400,000 | -1,500,000 | 3,100,000 | 2,800,000 | -1,300,000 | -2,400,000 | 3,500,000 | ||||||||||||
payment for debt extinguishment costs | |||||||||||||||||||
proceeds from exercise of stock options | |||||||||||||||||||
debt issuance costs | |||||||||||||||||||
property, plant and equipment included in accounts payable and accrued expenses | |||||||||||||||||||
advances for property, plant and equipment included in prepaid and other current assets and other assets | |||||||||||||||||||
common stock issued in lieu of compensation | |||||||||||||||||||
net gains and losses on asset impairment, disposals and sales, net of insurance recoveries | |||||||||||||||||||
unrealized losses on derivative financial instruments | |||||||||||||||||||
principal payments on capital lease obligations | -300,000 | -300,000 | -300,000 | ||||||||||||||||
loss on sale of equipment | |||||||||||||||||||
issuance of notes receivable | |||||||||||||||||||
supplier deposits | -400,000 | 100,000 | |||||||||||||||||
investments | -300,000 | ||||||||||||||||||
gain on sale of equipment | -200,000 | ||||||||||||||||||
proceeds from notes receivable | |||||||||||||||||||
debt refinancing charges | |||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||
purchase of grupo arato, net of acquired cash | |||||||||||||||||||
proceeds from sale of mission asparagus assets | |||||||||||||||||||
proceeds from sale of cabilfrut | |||||||||||||||||||
supplemental information | |||||||||||||||||||
construction-in-progress included in accounts payable and accrued expenses | |||||||||||||||||||
capital leases for equipment and machinery | |||||||||||||||||||
common stock issued as consideration | |||||||||||||||||||
non-cash contribution from equity method investee |
