2022 Q4 Form 10-K Financial Statement

#000180297422000050 Filed on December 22, 2022

View on sec.gov

Income Statement

Concept 2022 Q4 2022
Revenue $238.0M $1.046B
YoY Change 0.42% 17.29%
Cost Of Revenue $211.1M $956.1M
YoY Change 3.89% 24.62%
Gross Profit $26.90M $89.80M
YoY Change -20.41% -27.87%
Gross Profit Margin 11.3% 8.59%
Selling, General & Admin $19.50M $77.50M
YoY Change 25.81% 21.86%
% of Gross Profit 72.49% 86.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $7.600M $24.80M
YoY Change 13.43% 21.57%
% of Gross Profit 28.25% 27.62%
Operating Expenses $19.50M $77.50M
YoY Change 25.81% 21.86%
Operating Profit $7.400M -$37.20M
YoY Change -59.56% -161.08%
Interest Expense $400.0K $5.500M
YoY Change -91.11% 48.65%
% of Operating Profit 5.41%
Other Income/Expense, Net -$100.0K $4.400M
YoY Change 238.46%
Pretax Income -$41.80M -$31.20M
YoY Change -284.14% -147.27%
Income Tax $0.00 $3.700M
% Of Pretax Income
Net Earnings -$42.00M -$34.60M
YoY Change -348.52% -177.06%
Net Earnings / Revenue -17.65% -3.31%
Basic Earnings Per Share -$0.49
Diluted Earnings Per Share -$594.4K -$0.49
COMMON SHARES
Basic Shares Outstanding 70.67M shares 70.65M shares
Diluted Shares Outstanding 70.65M shares

Balance Sheet

Concept 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $52.80M $52.80M
YoY Change -37.51% -37.51%
Cash & Equivalents $52.80M $52.80M
Short-Term Investments
Other Short-Term Assets $12.20M $12.20M
YoY Change -31.07% -31.07%
Inventory $73.10M $73.10M
Prepaid Expenses
Receivables $62.90M $62.90M
Other Receivables $17.30M $27.10M
Total Short-Term Assets $228.1M $228.1M
YoY Change -7.69% -7.69%
LONG-TERM ASSETS
Property, Plant & Equipment $489.7M $555.1M
YoY Change 15.44% 18.59%
Goodwill $39.40M
YoY Change -48.43%
Intangibles
YoY Change
Long-Term Investments $27.10M $27.10M
YoY Change -48.58% -48.58%
Other Assets $19.70M $27.80M
YoY Change -0.51% 1.46%
Total Long-Term Assets $651.4M $651.4M
YoY Change 3.99% 3.99%
TOTAL ASSETS
Total Short-Term Assets $228.1M $228.1M
Total Long-Term Assets $651.4M $651.4M
Total Assets $879.5M $879.5M
YoY Change 0.69% 0.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.70M $58.70M
YoY Change 30.44% 30.44%
Accrued Expenses $30.10M $34.70M
YoY Change 4.51% 18.43%
Deferred Revenue
YoY Change
Short-Term Debt $2.500M $2.500M
YoY Change
Long-Term Debt Due $3.500M $4.700M
YoY Change -60.23% -52.53%
Total Short-Term Liabilities $101.7M $101.7M
YoY Change 14.01% 14.01%
LONG-TERM LIABILITIES
Long-Term Debt $136.9M $138.3M
YoY Change -11.73% -12.08%
Other Long-Term Liabilities $20.20M $87.20M
YoY Change 1.0% 32.12%
Total Long-Term Liabilities $157.1M $225.5M
YoY Change -10.28% 0.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $101.7M $101.7M
Total Long-Term Liabilities $157.1M $225.5M
Total Liabilities $356.6M $377.4M
YoY Change 5.1% 11.23%
SHAREHOLDERS EQUITY
Retained Earnings $274.4M
YoY Change -11.2%
Common Stock $100.0K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $502.1M $502.1M
YoY Change
Total Liabilities & Shareholders Equity $879.5M $879.5M
YoY Change 0.69% 0.69%

Cashflow Statement

Concept 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$42.00M -$34.60M
YoY Change -348.52% -177.06%
Depreciation, Depletion And Amortization $7.600M $24.80M
YoY Change 13.43% 21.57%
Cash From Operating Activities $38.20M $35.20M
YoY Change 20.13% -25.11%
INVESTING ACTIVITIES
Capital Expenditures -$19.20M $61.20M
YoY Change 58.68% -16.62%
Acquisitions
YoY Change
Other Investing Activities $2.000M $100.0K
YoY Change 185.71% -133.33%
Cash From Investing Activities -$17.20M -$51.40M
YoY Change 50.88% -26.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change
Debt Paid & Issued, Net $63.30M
YoY Change 502.86%
Cash From Financing Activities -14.20M -$21.80M
YoY Change 189.8% 89.57%
NET CHANGE
Cash From Operating Activities 38.20M $35.20M
Cash From Investing Activities -17.20M -$51.40M
Cash From Financing Activities -14.20M -$21.80M
Net Change In Cash 6.800M -$38.30M
YoY Change -56.13% 10.06%
FREE CASH FLOW
Cash From Operating Activities $38.20M $35.20M
Capital Expenditures -$19.20M $61.20M
Free Cash Flow $57.40M -$26.00M
YoY Change 30.75% -1.52%

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CY2020 us-gaap Stock Repurchased And Retired During Period Value
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24800000 usd
CY2021 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Depreciation Depletion And Amortization
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CY2022 us-gaap Amortization Of Financing Costs
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CY2021 us-gaap Amortization Of Financing Costs
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7500000 usd
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4300000 usd
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CY2021 us-gaap Share Based Compensation
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21200000 usd
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CY2022 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2021 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2022 us-gaap Cash Acquired From Acquisition
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CY2021 us-gaap Payments To Acquire Equity Method Investments
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CY2020 us-gaap Payments To Acquire Equity Method Investments
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CY2021 us-gaap Proceeds From Collection Of Longterm Loans To Related Parties
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1500000 usd
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CY2020 avo Proceeds From Repayment For Stock Option Notes Receivable
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CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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CY2020Q4 us-gaap Restricted Cash Current
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CY2021Q4 us-gaap Restricted Cash Noncurrent
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CY2020Q4 us-gaap Restricted Cash Noncurrent
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CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2022 us-gaap Interest Paid Net
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CY2021 us-gaap Interest Paid Net
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CY2020 us-gaap Interest Paid Net
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CY2022 us-gaap Income Taxes Paid Net
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CY2021 us-gaap Income Taxes Paid Net
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CY2020 us-gaap Income Taxes Paid Net
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18500000 usd
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CY2021 us-gaap Capital Expenditures Incurred But Not Yet Paid
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CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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2100000 usd
CY2021 avo Capital Expenditures Incurred But Not Yet Paid Assets Held For Sale
CapitalExpendituresIncurredButNotYetPaidAssetsHeldForSale
1400000 usd
CY2020 avo Capital Expenditures Incurred But Not Yet Paid Assets Held For Sale
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CY2021 us-gaap Proceeds From Sale And Collection Of Loans Receivable
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CY2020 us-gaap Proceeds From Sale And Collection Of Loans Receivable
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CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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CY2021 us-gaap Stock Issued During Period Value Issued For Services
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CY2020 us-gaap Stock Issued During Period Value Issued For Services
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100000 usd
CY2021Q4 us-gaap Value Added Tax Receivable
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CY2022 us-gaap Nature Of Operations
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Nature of BusinessMission Produce, Inc. together with its consolidated subsidiaries (“Mission,” “the Company,” “we,” “us” or “our”), is a global leader in the avocado industry. The Company’s expertise lies in the farming, packaging, marketing and distribution of avocados to food retailers, distributors and produce wholesalers worldwide. The Company procures avocados principally from California, Mexico and Peru. Through our various operating facilities, we grow, sort, pack, bag and ripen avocados and a small amount of other fruits for distribution to domestic and international markets. We report our results of operations in three reportable segments which are also equivalent to operating segments: Marketing and Distribution, International Farming and Blueberries (see Note 15).
CY2022 us-gaap Number Of Operating Segments
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3 segment
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21200000 usd
CY2022 us-gaap Use Of Estimates
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Use of estimatesThe preparation of the consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.
CY2022Q4 us-gaap Value Added Tax Receivable
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14400000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
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CY2021Q4 us-gaap Property Plant And Equipment Gross
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522800000 usd
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121900000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
98600000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
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489700000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
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CY2022 us-gaap Depreciation
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CY2021 us-gaap Depreciation
Depreciation
20400000 usd
CY2020 us-gaap Depreciation
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18100000 usd
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0.0257
CY2022 us-gaap Advertising Expense
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300000 usd
CY2021 us-gaap Advertising Expense
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300000 usd
CY2020 us-gaap Advertising Expense
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400000 usd
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0.60
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900000 usd
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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900000 usd
CY2020 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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700000 usd
CY2022 us-gaap Amortization Of Intangible Assets
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800000 usd
CY2022 us-gaap Concentration Risk Credit Risk
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<div style="margin-top:12pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-style:italic;font-weight:700;line-height:120%">Risk concentration</span></div><div style="margin-top:11pt;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Accounts receivable from three single customers each represented 13%, 12% and 11% of trade accounts receivables, net of allowance, as of October 31, 2022. Accounts receivable from these same three customers each represented 7%, 8%, and 13%, respectively, as of October 31, 2021. </span></div><div style="margin-top:11pt;text-indent:36pt"><span style="color:#000000;font-family:'Calibri',sans-serif;font-size:9pt;font-weight:400;line-height:120%">Sales to our top 10 customers amounted to approximately 59% of net sales for both years ended October 31, 2022 and 2021, and approximately 64% for the year ended October 31, 2020. For the year ended October 31, 2022, one single customer represented 13% of net sales. For the year ended October 31, 2021, no single customer represented more than 10% of net sales. For the year ended October 31, 2020, two single customers represented 12% and 10% of net sales, respectively. All of these customers were from our </span></div>Marketing and Distribution segment.
CY2022Q4 us-gaap Area Of Land
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900 acre
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50400000 usd
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7700000 usd
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29600000 usd
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2800000 usd
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5600000 usd
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12500000 usd
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4500000 usd
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3000000.0 usd
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8000000.0 usd
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50400000 usd
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39400000 usd
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2800000 usd
CY2021Q4 us-gaap Finite Lived Intangible Assets Gross
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22500000 usd
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19500000 usd
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11900000 usd
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CY2021Q4 us-gaap Inventory Raw Materials Net Of Reserves
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13800000 usd
CY2022Q4 us-gaap Inventory Net
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73100000 usd
CY2021Q4 us-gaap Inventory Net
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48200000 usd
CY2021Q4 avo Accrued Construction In Progress Current
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200000 usd
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CY2022Q4 us-gaap Employee Related Liabilities Current
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16300000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
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14600000 usd
CY2022Q4 avo Accrued Freight Costs Current
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6200000 usd
CY2021Q4 avo Accrued Freight Costs Current
AccruedFreightCostsCurrent
3900000 usd
CY2022Q4 avo Accrued Fruit Costs Current
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1000000.0 usd
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2200000 usd
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100000 usd
CY2021Q4 us-gaap Taxes Payable Current And Noncurrent
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CY2022Q4 avo Accrued Legal Settlement
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800000 usd
CY2021Q4 avo Accrued Legal Settlement
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800000 usd
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CY2021Q4 us-gaap Derivative Liabilities Current
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2100000 usd
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0 usd
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4000000.0 usd
CY2022Q4 us-gaap Accrued Liabilities Current
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28800000 usd
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CY2021Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
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CY2022Q4 avo Employee Related Liabilities Noncurrent
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1200000 usd
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1600000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
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0 usd
CY2021Q4 us-gaap Derivative Liabilities Noncurrent
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1400000 usd
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1900000 usd
CY2021Q4 avo Other Miscellaneous Liabilities Noncurrent
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1300000 usd
CY2022Q4 us-gaap Other Liabilities Noncurrent
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20200000 usd
CY2021Q4 us-gaap Other Liabilities Noncurrent
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20000000.0 usd
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4700000 usd
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800000 usd
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-4200000 usd
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-2000000.0 usd
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-1600000 usd
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1300000 usd
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1700000 usd
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1700000 usd
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2400000 usd
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0 usd
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CY2022 us-gaap Current Federal Tax Expense Benefit
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CY2021 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Current Federal Tax Expense Benefit
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CY2022 us-gaap Current State And Local Tax Expense Benefit
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CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
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CY2020 us-gaap Current State And Local Tax Expense Benefit
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CY2022 us-gaap Current Foreign Tax Expense Benefit
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CY2021 us-gaap Current Foreign Tax Expense Benefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2022 us-gaap Current Income Tax Expense Benefit
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CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
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CY2020 us-gaap Current Income Tax Expense Benefit
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CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
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200000 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
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300000 usd
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
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CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
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CY2022 us-gaap Deferred Income Tax Expense Benefit
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2022 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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66000000.0 usd
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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43800000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2022 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2021 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2022 avo Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Percent
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CY2021 avo Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Percent
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CY2020 avo Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Impairment Losses
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CY2022 avo Effective Income Tax Rate Reconciliation Fair Value Remeasurement Percent
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CY2021 avo Effective Income Tax Rate Reconciliation Fair Value Remeasurement Percent
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CY2020 avo Effective Income Tax Rate Reconciliation Fair Value Remeasurement Percent
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0
CY2022 avo Effective Income Tax Rate Reconciliation Nondeductible Expense Moruga Impairment Losses Percent
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0
CY2021 avo Effective Income Tax Rate Reconciliation Nondeductible Expense Moruga Impairment Losses Percent
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0
CY2020 avo Effective Income Tax Rate Reconciliation Nondeductible Expense Moruga Impairment Losses Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
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CY2022 avo Effective Income Tax Rate Reconciliation Nol Carryback Cares Act Percent
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0
CY2021 avo Effective Income Tax Rate Reconciliation Nol Carryback Cares Act Percent
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CY2022 avo Effective Income Tax Rate Reconciliation Change In Foreign Tax Rate Percent
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CY2021 avo Effective Income Tax Rate Reconciliation Change In Foreign Tax Rate Percent
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CY2020 avo Effective Income Tax Rate Reconciliation Change In Foreign Tax Rate Percent
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2021 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2022 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2022 us-gaap Effective Income Tax Rate Continuing Operations
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13800000 usd
CY2021Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Deferred Rent
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11200000 usd
CY2022Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
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CY2021Q4 us-gaap Deferred Tax Assets Gross
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CY2022Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2021Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2022Q4 us-gaap Deferred Tax Assets Liabilities Net
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CY2021Q4 us-gaap Deferred Tax Liabilities Investment In Noncontrolled Affiliates
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CY2022Q4 us-gaap Deferred Tax Liabilities Derivatives
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CY2021Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2022Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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CY2021Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
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CY2022Q4 us-gaap Deferred Income Tax Liabilities
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CY2021Q4 us-gaap Deferred Income Tax Liabilities
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CY2022Q4 us-gaap Deferred Tax Liabilities
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CY2021Q4 us-gaap Deferred Tax Liabilities
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CY2022Q4 avo Deferred Tax Assets Operating Loss Carryforwards Foreign Indefinite
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5400000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2021 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2022Q4 avo Deferred Tax Liabilities Withholding Tax Due On Foreign Earnings
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CY2022Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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CY2021 us-gaap Earnings Per Share Diluted
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2022 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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100000 usd
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Foreign Currency Translation
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CY2021Q4 us-gaap Unrecognized Tax Benefits
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CY2022 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2021 us-gaap Income Tax Examination Penalties And Interest Expense
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CY2022Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2021Q4 us-gaap Income Tax Examination Penalties And Interest Accrued
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CY2022 us-gaap Income Tax Expense Benefit Continuing Operations Adjustment Of Deferred Tax Asset Liability
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CY2022 us-gaap Allocated Share Based Compensation Expense
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CY2020 us-gaap Allocated Share Based Compensation Expense
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CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
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CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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200000 usd
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2022 us-gaap Number Of Operating Segments
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CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2022 us-gaap Profit Loss
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CY2022 us-gaap Income Loss From Equity Method Investments
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CY2022 us-gaap Share Based Compensation
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CY2022 us-gaap Litigation Settlement Expense
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CY2022 avo Sale Of Assets And Asset Impairment Charges Net Of Insurance Recoveries
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CY2021 avo Sale Of Assets And Asset Impairment Charges Net Of Insurance Recoveries
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CY2020 avo Sale Of Assets And Asset Impairment Charges Net Of Insurance Recoveries
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CY2022 avo Farming Costs For Non Productive Orchards
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CY2021 avo Farming Costs For Non Productive Orchards
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CY2020 avo Farming Costs For Non Productive Orchards
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CY2022 avo Software Implementation Costs Non Capitalizable
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4600000 usd
CY2021 avo Software Implementation Costs Non Capitalizable
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0 usd
CY2020 avo Software Implementation Costs Non Capitalizable
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0 usd
CY2022 avo Inventory Adjustments Amortization
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400000 usd
CY2021 avo Inventory Adjustments Amortization
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CY2020 avo Inventory Adjustments Amortization
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0 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
49500000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
2000000.0 usd
CY2021 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
0 usd
CY2020 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGain
0 usd
CY2022 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2021 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
0 usd
CY2020 us-gaap Equity Method Investment Other Than Temporary Impairment
EquityMethodInvestmentOtherThanTemporaryImpairment
21200000 usd
CY2022 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
600000 usd
CY2021 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2020 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
0 usd
CY2022 avo Net Income Loss Attributable To Non Controlling Interest Including Non Gaap Adjustments
NetIncomeLossAttributableToNonControllingInterestIncludingNonGAAPAdjustments
-600000 usd
CY2021 avo Net Income Loss Attributable To Non Controlling Interest Including Non Gaap Adjustments
NetIncomeLossAttributableToNonControllingInterestIncludingNonGAAPAdjustments
0 usd
CY2020 avo Net Income Loss Attributable To Non Controlling Interest Including Non Gaap Adjustments
NetIncomeLossAttributableToNonControllingInterestIncludingNonGAAPAdjustments
0 usd
CY2022 avo Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortization
47600000 usd
CY2021 avo Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortization
85300000 usd
CY2020 avo Income Loss From Continuing Operations Before Interest Taxes Depreciation And Amortization
IncomeLossFromContinuingOperationsBeforeInterestTaxesDepreciationAndAmortization
91500000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
489700000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
424200000 usd

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0001802974-22-000050.txt Edgar Link pending
0001802974-22-000050-xbrl.zip Edgar Link pending
adoptionagreement_plando.htm Edgar Link pending
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avo-20221031.htm Edgar Link pending
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avo-20221031_pre.xml Edgar Link unprocessable
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avo-20221031_htm.xml Edgar Link completed
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avo-20221031_cal.xml Edgar Link unprocessable
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