$CVGW
CALAVO GROWERS INC

2021 Q1 Form 10-Q Financial Statement

#000155837021002709 Filed on March 10, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2020 Q1
Revenue $220.6M $273.3M
YoY Change -19.31% 5.94%
Cost Of Revenue $202.7M $257.5M
YoY Change -21.28% 13.36%
Gross Profit $17.84M $15.81M
YoY Change 12.85% -48.74%
Gross Profit Margin 8.09% 5.78%
Selling, General & Admin $14.17M $16.30M
YoY Change -13.03% 14.16%
% of Gross Profit 79.46% 103.1%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $4.294M $3.567M
YoY Change 20.38% 5.16%
% of Gross Profit 24.07% 22.56%
Operating Expenses $14.17M $16.30M
YoY Change -13.03% 14.16%
Operating Profit $3.719M -$436.0K
YoY Change -952.98% -102.63%
Interest Expense $174.0K $187.0K
YoY Change -6.95% -26.38%
% of Operating Profit 4.68%
Other Income/Expense, Net $201.0K $994.0K
YoY Change -79.78% -124.85%
Pretax Income $7.335M $1.377M
YoY Change 432.68% -88.82%
Income Tax $1.943M -$650.0K
% Of Pretax Income 26.49% -47.2%
Net Earnings $5.277M -$938.0K
YoY Change -662.58% -120.9%
Net Earnings / Revenue 2.39% -0.34%
Basic Earnings Per Share $0.30 -$0.05
Diluted Earnings Per Share $0.30 -$0.05
COMMON SHARES
Basic Shares Outstanding 17.60M 17.54M
Diluted Shares Outstanding 17.67M 17.54M

Balance Sheet

Concept 2021 Q1 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $8.200M $4.900M
YoY Change 67.35% 16.67%
Cash & Equivalents $8.168M $4.937M
Short-Term Investments
Other Short-Term Assets $16.90M $14.70M
YoY Change 14.97% 18.55%
Inventory $41.71M $42.24M
Prepaid Expenses
Receivables $71.60M $78.65M
Other Receivables $6.700M $4.000M
Total Short-Term Assets $145.1M $144.5M
YoY Change 0.41% 10.58%
LONG-TERM ASSETS
Property, Plant & Equipment $191.5M $131.2M
YoY Change 45.95% 7.11%
Goodwill $28.57M $18.26M
YoY Change 56.43%
Intangibles $9.925M $418.0K
YoY Change 2274.4%
Long-Term Investments $5.909M $7.694M
YoY Change -23.2% -86.14%
Other Assets $36.21M $33.24M
YoY Change 8.91% 291.11%
Total Long-Term Assets $301.3M $326.9M
YoY Change -7.81% 30.96%
TOTAL ASSETS
Total Short-Term Assets $145.1M $144.5M
Total Long-Term Assets $301.3M $326.9M
Total Assets $446.5M $471.4M
YoY Change -5.29% 23.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $14.40M $21.90M
YoY Change -34.25% 29.59%
Accrued Expenses $46.96M $36.07M
YoY Change 30.18% -8.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $27.50M
YoY Change -100.0% -29.49%
Long-Term Debt Due $1.500M $700.0K
YoY Change 114.29% 600.0%
Total Short-Term Liabilities $81.14M $113.1M
YoY Change -28.28% 6.93%
LONG-TERM LIABILITIES
Long-Term Debt $43.00M $5.500M
YoY Change 681.82% 1733.33%
Other Long-Term Liabilities $3.247M $3.549M
YoY Change -8.51% -4.08%
Total Long-Term Liabilities $103.6M $71.26M
YoY Change 45.38% 1681.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $81.14M $113.1M
Total Long-Term Liabilities $103.6M $71.26M
Total Liabilities $184.7M $184.4M
YoY Change 0.18% 65.22%
SHAREHOLDERS EQUITY
Retained Earnings $94.79M $122.8M
YoY Change -22.8%
Common Stock $165.5M $162.6M
YoY Change 1.79%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $260.3M $285.4M
YoY Change
Total Liabilities & Shareholders Equity $446.5M $471.4M
YoY Change -5.29% 23.95%

Cashflow Statement

Concept 2021 Q1 2020 Q1
OPERATING ACTIVITIES
Net Income $5.277M -$938.0K
YoY Change -662.58% -120.9%
Depreciation, Depletion And Amortization $4.294M $3.567M
YoY Change 20.38% 5.16%
Cash From Operating Activities $13.17M -$6.521M
YoY Change -301.89% -162.88%
INVESTING ACTIVITIES
Capital Expenditures $4.768M $3.331M
YoY Change 43.14% -13.86%
Acquisitions
YoY Change
Other Investing Activities $0.00
YoY Change -100.0%
Cash From Investing Activities -$4.768M -$3.331M
YoY Change 43.14% -74.58%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $121.0K $198.0K
YoY Change -38.89% 304.08%
Cash From Financing Activities -4.284M 6.816M
YoY Change -162.85% 25.71%
NET CHANGE
Cash From Operating Activities 13.17M -6.521M
Cash From Investing Activities -4.768M -3.331M
Cash From Financing Activities -4.284M 6.816M
Net Change In Cash 4.113M -3.036M
YoY Change -235.47% -212.82%
FREE CASH FLOW
Cash From Operating Activities $13.17M -$6.521M
Capital Expenditures $4.768M $3.331M
Free Cash Flow $8.397M -$9.852M
YoY Change -185.23% -251.48%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2020Q4 us-gaap Assets Current
AssetsCurrent
135895000
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
131888000
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
130270000
CY2021Q1 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
93060
CY2021Q1 dei City Area Code
CityAreaCode
805
CY2021Q1 dei Local Phone Number
LocalPhoneNumber
525-1245
CY2021Q1 dei Security12b Title
Security12bTitle
Common Stock
CY2021Q1 dei Trading Symbol
TradingSymbol
CVGW
CY2021Q1 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2021Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2021Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
CY2020Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17661000
CY2021Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001133470
CY2021Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--10-31
CY2021Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2021
CY2021Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2021Q1 dei Amendment Flag
AmendmentFlag
false
CY2021Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17686000
CY2021Q1 dei Document Type
DocumentType
10-Q
CY2021Q1 dei Document Quarterly Report
DocumentQuarterlyReport
true
CY2021Q1 dei Document Period End Date
DocumentPeriodEndDate
2021-01-31
CY2021Q1 dei Document Transition Report
DocumentTransitionReport
false
CY2021Q1 dei Entity File Number
EntityFileNumber
000-33385
CY2021Q1 dei Entity Registrant Name
EntityRegistrantName
CALAVO GROWERS, INC
CY2021Q1 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
CA
CY2021Q1 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
33-0945304
CY2021Q1 dei Entity Address Address Line1
EntityAddressAddressLine1
1141-A Cummings Road
CY2021Q1 dei Entity Address City Or Town
EntityAddressCityOrTown
Santa Paula
CY2021Q1 dei Entity Address State Or Province
EntityAddressStateOrProvince
CA
CY2021Q1 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2021Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2021Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2021Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2021Q1 dei Entity Shell Company
EntityShellCompany
false
CY2021Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
17686249
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
8168000
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4055000
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3791000
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3498000
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
71603000
CY2020Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
63668000
CY2021Q1 us-gaap Inventory Net
InventoryNet
41706000
CY2020Q4 us-gaap Inventory Net
InventoryNet
41787000
CY2021Q1 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
12031000
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
10733000
CY2021Q1 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
4909000
CY2020Q4 us-gaap Advances On Inventory Purchases
AdvancesOnInventoryPurchases
5061000
CY2021Q1 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
6703000
CY2020Q4 us-gaap Income Taxes Receivable
IncomeTaxesReceivable
10591000
CY2021Q1 us-gaap Assets Current
AssetsCurrent
145120000
CY2021Q1 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
46961000
CY2020Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
36922000
CY2020Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
20550000
CY2020Q4 us-gaap Dividends Payable Current
DividendsPayableCurrent
20343000
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6674000
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
6443000
CY2021Q1 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
59565000
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
60262000
CY2021Q1 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
26786000
CY2020Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
23197000
CY2021Q1 us-gaap Equity Method Investments
EquityMethodInvestments
5909000
CY2020Q4 us-gaap Equity Method Investments
EquityMethodInvestments
6065000
CY2021Q1 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
2486000
CY2020Q4 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
2486000
CY2021Q1 us-gaap Goodwill
Goodwill
28568000
CY2020Q4 us-gaap Goodwill
Goodwill
28568000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9925000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10323000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
36205000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32558000
CY2021Q1 us-gaap Assets
Assets
446452000
CY2020Q4 us-gaap Assets
Assets
429624000
CY2021Q1 cvgw Payable To Growers
PayableToGrowers
11556000
CY2020Q4 cvgw Payable To Growers
PayableToGrowers
11346000
CY2021Q1 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
14417000
CY2020Q4 us-gaap Accounts Payable Trade Current
AccountsPayableTradeCurrent
9384000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1529000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
LongTermDebtAndCapitalLeaseObligationsCurrent
1343000
CY2021Q1 us-gaap Liabilities Current
LiabilitiesCurrent
81137000
CY2020Q4 us-gaap Liabilities Current
LiabilitiesCurrent
106331000
CY2021Q1 us-gaap Line Of Credit
LineOfCredit
37150000
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
57357000
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
58273000
CY2021Q1 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5835000
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
5716000
CY2021Q1 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3247000
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
3302000
CY2021Q1 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
103589000
CY2020Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
67291000
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000
CY2021Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
17686000
CY2020Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
17661000
CY2021Q1 us-gaap Common Stock Value
CommonStockValue
18000
CY2020Q4 us-gaap Common Stock Value
CommonStockValue
18000
CY2021Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
165487000
CY2020Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
165000000
CY2021Q1 us-gaap Minority Interest
MinorityInterest
1432000
CY2020Q4 us-gaap Minority Interest
MinorityInterest
1472000
CY2021Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
94789000
CY2020Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
89512000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
261726000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
256002000
CY2021Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
446452000
CY2020Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
429624000
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220578000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
273348000
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
202739000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
257540000
CY2021Q1 us-gaap Gross Profit
GrossProfit
17839000
CY2020Q1 us-gaap Gross Profit
GrossProfit
15808000
CY2021Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
14174000
CY2020Q1 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
16298000
CY2021Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
54000
CY2020Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
54000
CY2021Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
3719000
CY2020Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-436000
CY2021Q1 us-gaap Interest Expense
InterestExpense
174000
CY2020Q1 us-gaap Interest Expense
InterestExpense
187000
CY2021Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
201000
CY2020Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
994000
CY2021Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
3589000
CY2020Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
1006000
CY2021Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7335000
CY2020Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1377000
CY2021Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1943000
CY2020Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-650000
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-155000
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3028000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
5237000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-1001000
CY2021Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-40000
CY2020Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-63000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
5277000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-938000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17599000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17536000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17669000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17536000
CY2021Q1 us-gaap Profit Loss
ProfitLoss
5237000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-1001000
CY2021Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4294000
CY2020Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3567000
CY2021Q1 cvgw Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
16000
CY2020Q1 cvgw Non Cash Operating Lease Expense
NonCashOperatingLeaseExpense
65000
CY2021Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-155000
CY2020Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-3028000
CY2021Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
3589000
CY2020Q1 us-gaap Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
1006000
CY2020Q1 us-gaap Interest Income Related Party
InterestIncomeRelatedParty
871000
CY2021Q1 us-gaap Share Based Compensation
ShareBasedCompensation
907000
CY2020Q1 us-gaap Share Based Compensation
ShareBasedCompensation
931000
CY2021Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
54000
CY2020Q1 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
54000
CY2021Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7935000
CY2020Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15231000
CY2021Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-81000
CY2020Q1 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
5348000
CY2021Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1298000
CY2020Q1 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1799000
CY2021Q1 cvgw Increase Decrease In Advances To Suppliers
IncreaseDecreaseInAdvancesToSuppliers
-152000
CY2020Q1 cvgw Increase Decrease In Advances To Suppliers
IncreaseDecreaseInAdvancesToSuppliers
-3466000
CY2021Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
-3888000
CY2020Q1 us-gaap Increase Decrease In Income Taxes Receivable
IncreaseDecreaseInIncomeTaxesReceivable
1139000
CY2021Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
3638000
CY2020Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1924000
CY2021Q1 cvgw Increase Decrease In Payable To Growers
IncreaseDecreaseInPayableToGrowers
210000
CY2020Q1 cvgw Increase Decrease In Payable To Growers
IncreaseDecreaseInPayableToGrowers
7589000
CY2021Q1 cvgw Increase Decrease In Accounts Payable And Accrued Liabilities Other Noncurrent Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesOtherNoncurrentLiabilities
14739000
CY2020Q1 cvgw Increase Decrease In Accounts Payable And Accrued Liabilities Other Noncurrent Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilitiesOtherNoncurrentLiabilities
3206000
CY2021Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13165000
CY2020Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-6521000
CY2021Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
4768000
CY2020Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3331000
CY2021Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4768000
CY2020Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3331000
CY2021Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20343000
CY2020Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
19354000
CY2021Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
91000000
CY2020Q1 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
53500000
CY2021Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
74400000
CY2020Q1 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
26000000
CY2021Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
467000
CY2020Q1 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1179000
CY2021Q1 cvgw Proceeds From Repayments Of Long Term Debt And Lease Obligations
ProceedsFromRepaymentsOfLongTermDebtAndLeaseObligations
-121000
CY2020Q1 cvgw Proceeds From Repayments Of Long Term Debt And Lease Obligations
ProceedsFromRepaymentsOfLongTermDebtAndLeaseObligations
-198000
CY2021Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47000
CY2020Q1 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
47000
CY2021Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-4284000
CY2020Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
6816000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4113000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-3036000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4055000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
7973000
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8168000
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
4937000
CY2021Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
301000
CY2020Q1 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
390000
CY2021Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
863000
CY2020Q1 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
935000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
285869000
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
47000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
931000
CY2020Q1 cvgw Increase Decrease From Noncontrolling Interest Contribution
IncreaseDecreaseFromNoncontrollingInterestContribution
-63000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-938000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
287011000
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
256002000
CY2021Q1 us-gaap Stock Issued During Period Value Stock Options Exercised Net Of Tax Benefit Expense
StockIssuedDuringPeriodValueStockOptionsExercisedNetOfTaxBenefitExpense
47000
CY2021Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
467000
CY2021Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
907000
CY2021Q1 cvgw Increase Decrease From Noncontrolling Interest Contribution
IncreaseDecreaseFromNoncontrollingInterestContribution
-40000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
5277000
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
261726000
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3
CY2021Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
220578000
CY2020Q1 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
273348000
CY2021Q1 cvgw Revenue Less Sales Incentives
RevenueLessSalesIncentives
220578000
CY2021Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
202739000
CY2021Q1 us-gaap Gross Profit
GrossProfit
17839000
CY2020Q1 cvgw Revenue Less Sales Incentives
RevenueLessSalesIncentives
273348000
CY2020Q1 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
257540000
CY2020Q1 us-gaap Gross Profit
GrossProfit
15808000
CY2020Q4 us-gaap Foreign Currency Exchange Rate Remeasurement1
ForeignCurrencyExchangeRateRemeasurement1
21.25
CY2021Q1 us-gaap Foreign Currency Exchange Rate Remeasurement1
ForeignCurrencyExchangeRateRemeasurement1
20.22
CY2021Q1 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1000000.0
CY2021Q1 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
131888000
CY2020Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
130270000
CY2021Q1 cvgw Fresh Fruit Inventory Net Of Reserves
FreshFruitInventoryNetOfReserves
15973000
CY2020Q4 cvgw Fresh Fruit Inventory Net Of Reserves
FreshFruitInventoryNetOfReserves
14677000
CY2021Q1 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
12078000
CY2020Q4 us-gaap Inventory Supplies Net Of Reserves
InventorySuppliesNetOfReserves
12540000
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
13655000
CY2020Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
14570000
CY2021Q1 us-gaap Inventory Net
InventoryNet
41706000
CY2020Q4 us-gaap Inventory Net
InventoryNet
41787000
CY2021Q1 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000
CY2020Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
300000
CY2021Q1 us-gaap Inventory Adjustments
InventoryAdjustments
0
CY2020Q4 us-gaap Inventory Adjustments
InventoryAdjustments
0
CY2021Q1 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
33185000
CY2020Q4 us-gaap Value Added Tax Receivable Noncurrent
ValueAddedTaxReceivableNoncurrent
30126000
CY2021Q1 us-gaap Accounts Receivable Related Parties Noncurrent
AccountsReceivableRelatedPartiesNoncurrent
1895000
CY2020Q4 us-gaap Accounts Receivable Related Parties Noncurrent
AccountsReceivableRelatedPartiesNoncurrent
1215000
CY2021Q1 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1125000
CY2020Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
1217000
CY2021Q1 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
36205000
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
32558000
CY2021Q1 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
22305000
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12380000
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9925000
CY2020Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
22305000
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
11982000
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
10323000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
1200000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1600000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1500000
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1500000
CY2021Q1 cvgw Finite Lived Intangible Asset Expected Amortization After Year Four
FiniteLivedIntangibleAssetExpectedAmortizationAfterYearFour
3900000
CY2011Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
1500000
CY2020Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17536000
CY2021Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
70000
CY2021Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17669000
CY2020Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17536000
CY2020Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.15
CY2020Q4 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
20300000
CY2021Q1 us-gaap Net Income Loss
NetIncomeLoss
5277000
CY2020Q1 us-gaap Net Income Loss
NetIncomeLoss
-938000
CY2021Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17599000
CY2021Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.30
CY2020Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.05
CY2021Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.30
CY2020Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.05
CY2021Q1 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
33200000
CY2021Q1 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
671200000
CY2020Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
30200000
CY2020Q4 us-gaap Value Added Tax Receivable
ValueAddedTaxReceivable
640700000

Files In Submission

Name View Source Status
0001558370-21-002709-index-headers.html Edgar Link pending
0001558370-21-002709-index.html Edgar Link pending
0001558370-21-002709.txt Edgar Link pending
0001558370-21-002709-xbrl.zip Edgar Link pending
cvgw-20210131.xsd Edgar Link pending
cvgw-20210131x10q.htm Edgar Link pending
cvgw-20210131x10q_htm.xml Edgar Link completed
cvgw-20210131xex31d1.htm Edgar Link pending
cvgw-20210131xex31d2.htm Edgar Link pending
cvgw-20210131xex32d1.htm Edgar Link pending
cvgw-20210131_cal.xml Edgar Link unprocessable
cvgw-20210131_def.xml Edgar Link unprocessable
cvgw-20210131_lab.xml Edgar Link unprocessable
cvgw-20210131_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R5.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending