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Pay vs Performance Disclosure
$ / shares in Units, shares in Millions
12 Months Ended
Oct. 31, 2025
USD ($)
$ / shares
Oct. 31, 2024
USD ($)
$ / shares
Oct. 31, 2023
USD ($)
$ / shares
Oct. 31, 2022
USD ($)
$ / shares
Oct. 31, 2021
USD ($)
$ / shares
shares
Oct. 31, 2020
Employee
Oct. 31, 2019
shares
Pay vs Performance Disclosure              
Pay vs Performance Disclosure, Table
Pay for Performance
The following table sets forth information concerning the compensation of our NEOs, including our Principal Executive Officer (“PEO”), for each of the fiscal years ended October 31, 2025, 2024, 2023, 2022, and 2021, and our financial performance for each such fiscal year:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(a)
 
 
(b)
 
 
(c)
 
 
(d)
 
 
(e)
 
 
(f)
 
 
(g)
 
 
(h)
 
 
(i)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Value of Initial Fixed $100
Investment Based on:​
 
 
 
 
 
 
 
 
Year
 
 
​Summary
Compensation
Table Total
for PEO
($)
 
 
Compensation
Actually
Paid to
PEO
($)(1)(3)
 
 
Average
Summary
Compensation
Table Total for
Non-PEO
NEOs
($)
 
 
Average
Compensation
Actually Paid
to Non-PEO
NEOs
($)(1)(3)
 
 
Total
Shareholder
Return
($)(2)
 
 
Peer
Group Total
Shareholder
Return
($)(2)
 
 
Net Income
(Loss)
($millions)
 
 
Adjusted
EBITDA
($millions)(4)
 
 
2025
 
 
3,050,746
 
 
4,085,031
 
 
1,549,036
 
 
1,875,866
 
 
87.3
 
 
115.7
 
 
40.5
 
 
110.8
 
 
2024
 
 
3,500,819
 
 
4,722,779
 
 
1,560,735
 
 
1,970,817
 
 
89.5
 
 
130.0
 
 
41.8
 
 
107.8
 
 
2023
 
 
2,575,284
 
 
(477,343)
 
 
1,160,340
 
 
677,349
 
 
71.3
 
 
116.8
 
 
(3.1)
 
 
48.4
 
 
2022
 
 
2,670,018
 
 
1,450,041
 
 
813,970
 
 
727,769
 
 
126.2
 
 
135.9
 
 
(34.9)
 
 
47.6
 
 
2021
 
 
1,266,091
 
 
5,043,593
 
 
537,456
 
 
701,194
 
 
144.0
 
 
122.2
 
 
44.9
 
 
85.3
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
 
 
 
 
 
 
 
 
 
 
Year
 
 
PEO
 
 
Non-PEO NEOs
 
 
2025
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, John M. Pawlowski, Juan A. Wiesner, Joanne C. Wu
 
 
2024
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, John M. Pawlowski, Juan A. Wiesner, Joanne C. Wu
 
 
2023
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Timothy A. Bulow
 
 
2022
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Timothy A. Bulow
 
 
2021
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Michael A. Browne
 
 
 
 
 
 
 
 
 
 
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Summary Compensation Table Total
 
 
3,050,746
 
 
1,549,036
 
 
3,500,819
 
 
1,560,735
 
 
2,575,284
 
 
1,160,340
 
 
2,670,018
 
 
813,970
 
 
1,266,091
 
 
537,456
 
 
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
 
 
(1,157,891)
 
 
(574,124)
 
 
(1,238,312)
 
 
(609,665)
 
 
(1,717,803)
 
 
(468,097)
 
 
(1,821,201)
 
 
(307,324)
 
 
—
 
 
(41,089)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
 
 
1,349,044
 
 
668,906
 
 
1,903,070
 
 
877,863
 
 
1,143,910
 
 
246,459
 
 
1,735,515
 
 
292,865
 
 
—
 
 
36,309
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
12,809
 
 
—
 
 
—
 
 
—
 
 
—
 
 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
 
 
230,124
 
 
108,188
 
 
572,164
 
 
118,663
 
 
(1,699,038)
 
 
(195,368)
 
 
(581,060)
 
 
(35,821)
 
 
2,625,582
 
 
157,052
 
 
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
 
 
613,008
 
 
123,860
 
 
(14,962)
 
 
23,221
 
 
(779,696)
 
 
(78,794)
 
 
(553,231)
 
 
(35,921)
 
 
1,151,920
 
 
48,475
 
 
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
(37,009)
 
 
TOTAL ADJUSTMENTS
 
 
1,034,285
 
 
326,830
 
 
1,221,960
 
 
410,082
 
 
(3,052,627)
 
 
(482,991)
 
 
(1,219,977)
 
 
(86,201)
 
 
3,777,502
 
 
163,738
 
 
COMPENSATION ACTUALLY PAID
 
 
4,085,031
 
 
1,875,866
 
 
4,722,779
 
 
1,970,817
 
 
(477,343)
 
 
677,349
 
 
1,450,041
 
 
727,769
 
 
5,043,593
 
 
701,194
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(2)
For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Nasdaq U.S. Smart Food & Beverage Total Return Index.
(3)
Fair value or change in fair value, as applicable, of equity awards in the “Compensation Actually Paid” columns was determined by reference to (i) for RSUs, the closing price per share on the applicable year-ends ($11.52 for October 31, 2025, $11.80 for October 31, 2024, $9.41 for October 31, 2023, $16.64 for October 31, 2022 and $18.99 for October 31, 2021) or, in the case of vesting dates, the closing price per share on the applicable vesting dates; (ii) for the PSUs, the fair value was calculated by multiplying the probability of achievement of the applicable performance objective as of the applicable dates by the closing price per share for the respective dates; the achievement or probability of achievement for PSUs granted on January 3, 2022 was zero as of both October 31, 2024 and 2023, and 70% as of October 31, 2022, and for PSUs granted on January 6, 2023, the achievement or probability of achievement was 174%, 102% and 60% as of October 31, 2025, 2024 and 2023, respectively, and for PSUs granted on January 5, 2024, the probability of achievement was 200% and 161% as of October 31, 2025 and 2024, respectively, and for PSUs granted January 6, 2025, the probability of achievement was 167% as of October 31, 2025; (iii) for stock options, a Black Scholes value as of the applicable year-end or vesting dates. Awards were fully vested as of October 31, 2024. A summary of Black Scholes assumptions used for the applicable year-end or vesting dates as compared to those used at grant date is set forth below:
 
 
 
 
 
 
 
 
 
 
Assumption
 
 
Value range used for
reporting dates and
applicable vesting dates
 
 
Value range used in grant
date fair value
 
 
Volatility
 
 
34.8%-38.8%
 
 
25%-30%
 
 
Risk-free interest rate
 
 
1.12%-4.89%
 
 
0.38%-1.7%
 
 
Expected term
 
 
2.5-6.17 years
 
 
6.25-7.2 years
 
 
Dividend yield
 
 
—
 
 
—
 
 
Forfeiture rate
 
 
—
 
 
—
 
 
 
 
 
 
 
 
 
 
For additional information on the assumptions used to calculate the valuation of the awards on the grant date, please refer to the Notes to Consolidated Financial Statements in our Annual Report on Form 10-K for the fiscal year ended October 31, 2025 and prior fiscal years.
(4)
In fiscal 2021, 2022 and 2023, the Company Selected Measure was adjusted operating income as that was the financial performance measure used under our annual cash incentive plan for those years. For fiscal 2024 and onwards, the Compensation Committee established Adjusted EBITDA as the financial performance under the 2024 annual cash incentive plan. Adjusted EBITDA refers to net income (loss), before interest expense, income taxes, depreciation and amortization expense, stock-based compensation expense, other income (expense), and income (loss) from equity method investees, further adjusted by asset impairment and disposals, farming costs for nonproductive orchards (which represents land lease costs), recognition of deferred ERP costs, advisory costs, amortization of inventory adjustments recognized from business combinations, and any special, non-recurring, or one-time items such as impairments, and any portion of these items attributable to the noncontrolling interest. A reconciliation of Adjusted EBITDA to net income is set forth below:
 
 
 
 
 
 
 
 
 
 
Fiscal Years Ended
October 31,
 
 
(In millions)
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Net income (loss)
 
 
$40.5
 
 
$41.8
 
 
$(3.1)
 
 
$(34.9)
 
 
$44.9
 
 
Interest expense
 
 
9.4
 
 
12.6
 
 
11.6
 
 
5.5
 
 
3.7
 
 
Provision for income taxes
 
 
21.4
 
 
18.6
 
 
2.2
 
 
3.7
 
 
21.1
 
 
Depreciation and amortization
 
 
34.6
 
 
37.7
 
 
32.8
 
 
24.8
 
 
20.4
 
 
Equity method income
 
 
(5.4)
 
 
(3.7)
 
 
(4.0)
 
 
(5.1)
 
 
(7.5)
 
 
Stock-based compensation
 
 
8.8
 
 
7.1
 
 
4.5
 
 
3.6
 
 
2.6
 
 
Severance
 
 
—
 
 
1.3
 
 
1.3
 
 
—
 
 
—
 
 
Legal settlement
 
 
—
 
 
0.2
 
 
—
 
 
—
 
 
0.8
 
 
Asset impairment and disposals, net of insurance recoveries
 
 
3.9
 
 
3.9
 
 
1.3
 
 
0.4
 
 
(0.2)
 
 
Farming costs for nonproductive orchards
 
 
1.8
 
 
1.7
 
 
1.8
 
 
1.5
 
 
0.8
 
 
ERP costs
 
 
2.2
 
 
2.2
 
 
2.2
 
 
4.6
 
 
—
 
 
Goodwill impairment
 
 
—
 
 
—
 
 
—
 
 
49.5
 
 
—
 
 
Remeasurement gain on business combination with Moruga
 
 
—
 
 
—
 
 
—
 
 
(2.0)
 
 
—
 
 
Advisory costs
 
 
1.2
 
 
—
 
 
0.3
 
 
0.6
 
 
—
 
 
Amortization of inventory adjustment recognized from business combination
 
 
—
 
 
—
 
 
0.7
 
 
0.4
 
 
—
 
 
Canada site closures
 
 
0.2
 
 
—
 
 
—
 
 
—
 
 
—
 
 
Tariffs(1)
 
 
1.1
 
 
—
 
 
—
 
 
—
 
 
—
 
 
Other (income) expense, net
 
 
(0.7)
 
 
(3.6)
 
 
0.2
 
 
(4.4)
 
 
(1.3)
 
 
Noncontrolling interest
 
 
(8.2)
 
 
(12.0)
 
 
(3.4)
 
 
(0.6)
 
 
—
 
 
Adjusted EBITDA
 
 
$110.8
 
 
$107.8
 
 
$48.4
 
 
$47.6
 
 
$85.3
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(1)
Short-lived temporary tariffs imposed on Mexican imports for three days during the fiscal year.
           
Company Selected Measure Name Adjusted EBITDA            
Named Executive Officers, Footnote
(1)
Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
 
 
 
 
 
 
 
 
 
 
Year
 
 
PEO
 
 
Non-PEO NEOs
 
 
2025
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, John M. Pawlowski, Juan A. Wiesner, Joanne C. Wu
 
 
2024
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, John M. Pawlowski, Juan A. Wiesner, Joanne C. Wu
 
 
2023
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Timothy A. Bulow
 
 
2022
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Timothy A. Bulow
 
 
2021
 
 
Stephen J. Barnard
 
 
Bryan E. Giles, Juan A. Wiesner, Joanne C. Wu, Michael A. Browne
 
 
 
 
 
 
 
 
 
 
           
Peer Group Issuers, Footnote
(2)
For the relevant fiscal year, represents the cumulative TSR (the “Peer Group TSR”) of the Nasdaq U.S. Smart Food & Beverage Total Return Index.
           
PEO Total Compensation Amount $ 3,050,746 $ 3,500,819 $ 2,575,284 $ 2,670,018 $ 1,266,091    
PEO Actually Paid Compensation Amount $ 4,085,031 4,722,779 (477,343) 1,450,041 5,043,593    
Adjustment To PEO Compensation, Footnote
(1)
Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Summary Compensation Table Total
 
 
3,050,746
 
 
1,549,036
 
 
3,500,819
 
 
1,560,735
 
 
2,575,284
 
 
1,160,340
 
 
2,670,018
 
 
813,970
 
 
1,266,091
 
 
537,456
 
 
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
 
 
(1,157,891)
 
 
(574,124)
 
 
(1,238,312)
 
 
(609,665)
 
 
(1,717,803)
 
 
(468,097)
 
 
(1,821,201)
 
 
(307,324)
 
 
—
 
 
(41,089)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
 
 
1,349,044
 
 
668,906
 
 
1,903,070
 
 
877,863
 
 
1,143,910
 
 
246,459
 
 
1,735,515
 
 
292,865
 
 
—
 
 
36,309
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
12,809
 
 
—
 
 
—
 
 
—
 
 
—
 
 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
 
 
230,124
 
 
108,188
 
 
572,164
 
 
118,663
 
 
(1,699,038)
 
 
(195,368)
 
 
(581,060)
 
 
(35,821)
 
 
2,625,582
 
 
157,052
 
 
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
 
 
613,008
 
 
123,860
 
 
(14,962)
 
 
23,221
 
 
(779,696)
 
 
(78,794)
 
 
(553,231)
 
 
(35,921)
 
 
1,151,920
 
 
48,475
 
 
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
(37,009)
 
 
TOTAL ADJUSTMENTS
 
 
1,034,285
 
 
326,830
 
 
1,221,960
 
 
410,082
 
 
(3,052,627)
 
 
(482,991)
 
 
(1,219,977)
 
 
(86,201)
 
 
3,777,502
 
 
163,738
 
 
COMPENSATION ACTUALLY PAID
 
 
4,085,031
 
 
1,875,866
 
 
4,722,779
 
 
1,970,817
 
 
(477,343)
 
 
677,349
 
 
1,450,041
 
 
727,769
 
 
5,043,593
 
 
701,194
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
           
Non-PEO NEO Average Total Compensation Amount $ 1,549,036 1,560,735 1,160,340 813,970 537,456    
Non-PEO NEO Average Compensation Actually Paid Amount $ 1,875,866 1,970,817 677,349 727,769 701,194    
Adjustment to Non-PEO NEO Compensation Footnote
(1)
Amounts represent compensation actually paid to our PEO and the average compensation actually paid to our remaining NEOs for the relevant fiscal year, as determined under SEC rules (and described below), which includes the individuals indicated in the table below for each fiscal year:
Compensation actually paid to our NEOs represents the “Total” compensation reported in the Summary Compensation Table for the applicable fiscal year, as adjusted as follows:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Summary Compensation Table Total
 
 
3,050,746
 
 
1,549,036
 
 
3,500,819
 
 
1,560,735
 
 
2,575,284
 
 
1,160,340
 
 
2,670,018
 
 
813,970
 
 
1,266,091
 
 
537,456
 
 
Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY
 
 
(1,157,891)
 
 
(574,124)
 
 
(1,238,312)
 
 
(609,665)
 
 
(1,717,803)
 
 
(468,097)
 
 
(1,821,201)
 
 
(307,324)
 
 
—
 
 
(41,089)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End
 
 
1,349,044
 
 
668,906
 
 
1,903,070
 
 
877,863
 
 
1,143,910
 
 
246,459
 
 
1,735,515
 
 
292,865
 
 
—
 
 
36,309
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2025
 
 
2024
 
 
2023
 
 
2022
 
 
2021
 
 
Adjustments
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
PEO
($)
 
 
Average
Non-PEO
NEOs
($)
 
 
Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Vested during Applicable FY, determined as of Vesting Date
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
12,809
 
 
—
 
 
—
 
 
—
 
 
—
 
 
Increase/deduction for Awards Granted during Prior FY that were Outstanding and Unvested as of Applicable FY End, determined based on change in ASC 718 Fair Value from Prior FY End to Applicable FY End
 
 
230,124
 
 
108,188
 
 
572,164
 
 
118,663
 
 
(1,699,038)
 
 
(195,368)
 
 
(581,060)
 
 
(35,821)
 
 
2,625,582
 
 
157,052
 
 
Increase/deduction for Awards Granted during Prior FY that Vested During Applicable FY, determined based on change in ASC 718 Fair Value from Prior FY End to Vesting Date
 
 
613,008
 
 
123,860
 
 
(14,962)
 
 
23,221
 
 
(779,696)
 
 
(78,794)
 
 
(553,231)
 
 
(35,921)
 
 
1,151,920
 
 
48,475
 
 
Deduction of ASC 718 Fair Value of Awards Granted during Prior FY that were Forfeited during Applicable FY, determined as of Prior FY End
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
(37,009)
 
 
TOTAL ADJUSTMENTS
 
 
1,034,285
 
 
326,830
 
 
1,221,960
 
 
410,082
 
 
(3,052,627)
 
 
(482,991)
 
 
(1,219,977)
 
 
(86,201)
 
 
3,777,502
 
 
163,738
 
 
COMPENSATION ACTUALLY PAID
 
 
4,085,031
 
 
1,875,866
 
 
4,722,779
 
 
1,970,817
 
 
(477,343)
 
 
677,349
 
 
1,450,041
 
 
727,769
 
 
5,043,593
 
 
701,194
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
           
Compensation Actually Paid vs. Total Shareholder Return
CAP versus TSR
           
Compensation Actually Paid vs. Net Income
CAP versus Net Income (Loss)
           
Compensation Actually Paid vs. Company Selected Measure
CAP versus Adjusted EBITDA
           
Total Shareholder Return Vs Peer Group
CAP versus TSR
           
Tabular List, Table
Pay Versus Performance Tabular List
We believe the following performance measures represent the most important financial performance measures used by us to link compensation actually paid to our NEOs for the fiscal year ended October 31, 2025:
•
Adjusted EBITDA
•
Adjusted net income per share; and
•
Adjusted operating income
For additional details regarding our most important financial performance measures, see Overview of 2025 Compensation Program for NEOs, Fiscal 2025 Compensation Decisions, and 2026 Compensation Design.
           
Total Shareholder Return Amount $ 87.3 89.5 71.3 126.2 144    
Peer Group Total Shareholder Return Amount $ 115.7 $ 130 $ 116.8 $ 135.9 $ 122.2    
Company Selected Measure Amount 110,800,000 107,800,000 48,400,000 47,600,000 85,300,000    
PEO Name Stephen J. Barnard Stephen J. Barnard Stephen J. Barnard Stephen J. Barnard Stephen J. Barnard    
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $ 40,500,000 $ 41,800,000 $ (3,100,000) $ (34,900,000) $ 44,900,000    
Share Price | $ / shares $ 11.52 $ 11.8 $ 9.41 $ 16.64 $ 18.99    
Percentage of Probability of Achievement for Performance Share Units PSUs Granted Grant Date One   0.00% 0.00% 70.00%      
Percentage of Probability of Achievement for Performance Share Units PSUs Granted Grant Date Two 174.00% 102.00% 60.00%        
Percentage of Probability of Achievement for Performance Share Units PSUs Granted Grant Date Three 200.00% 161.00%          
Percentage of Probability of Achievement for Performance Share Units PSUs Granted Grant Date Four 167.00%            
Fair Value Assumptions Expected Volatility Rate Minimum 34.80%            
Fair Value Assumptions Expected Volatility Rate Maximum 38.80%            
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Minimum 25.00%            
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Volatility Rate, Maximum 30.00%            
Fair Value Assumptions Risk Free Interest Rate Maximum 1.12%            
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Minimum 4.89%            
Fair Value Assumptions Risk Free Interest Rate Minimum 0.38%            
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Risk Free Interest Rate, Maximum 1.70%            
Fair Value Assumptions Expected Term Minimum 2 years 6 months            
Fair Value Assumptions Expected Term Maximum 6 years 2 months 1 day            
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Expected Term Minimum 6 years 3 months            
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Expected Term Maximum 7 years 2 months 12 days            
Fair Value Assumptions Expected Dividend Rate 0.00%            
Share-Based Compensation Arrangement by Share-Based Payment Award, Fair Value Assumptions, Expected Dividend Rate 0.00%            
Fair Value Assumptions Estimated Forfeitures Rate 0.00%            
Share Based Compensation Arrangement by Share Based Payment Award Fair Value Assumptions Estimated Forfeitures Percentage 0.00%            
Interest Expense, Nonoperating $ 9,400,000 $ 12,600,000 $ 11,600,000 $ 5,500,000 $ 3,700,000    
Income Tax Expense (Benefit) 21,400,000 18,600,000 2,200,000 3,700,000 21,100,000    
Depreciation, Depletion and Amortization 34,600,000 37,700,000 32,800,000 24,800,000 20,400,000    
Income (Loss) from Equity Method Investments (5,400,000) (3,700,000) 4,000,000 5,100,000 7,500,000    
Share-Based Payment Arrangement, Noncash Expense 8,800,000 7,100,000 4,500,000 3,600,000 2,600,000    
Severance Costs 0 1,300,000 1,300,000 0 0    
Litigation Settlement, Fee Expense 0 200,000 0 0 800,000    
Gain (Loss) on Sale of Assets and Asset Impairment Charges 3,900,000 3,900,000 1,300,000 400,000 (200,000)    
Farming Costs for Non Productive Orchards 1,800,000 1,700,000 1,800,000 1,500,000 800,000    
Software Implementation Costs Noncapitalizable 2,200,000 2,200,000 2,200,000 4,600,000 0    
Goodwill, Impairment Loss 0 0 0 49,500,000 0    
Business Combination, Achieved in Stages, Preacquisition Equity Interest in Acquiree, Remeasurement, Gain 0 0 0 2,000,000 0    
Investment Advisory Fee 1,200,000 0 300,000 600,000 0    
Business Combination Recognized Identifiable Assets Acquired and Liabilities Assumed Amortization of Inventory Adjustment 0 0 700,000 400,000 0    
Disposal Group, Including Discontinued Operation, Costs of Goods Sold 200,000 0 0 0 0    
Import Tariff charges 1,100,000 0 0 0 0    
Other Nonoperating Income (Expense) (700,000) (3,600,000) 200,000 (4,400,000) (1,300,000)    
Net Income Loss Attributable to Noncontrolling Interest Including Non-GAAP Adjustments (8,200,000) (12,000,000) (3,400,000) (600,000) 0    
Income Loss from Continuing Operations Before Interest Taxes Depreciation and Amortization $ 110,800,000 107,800,000 48,400,000 47,600,000 $ 85,300,000    
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Grants in Period, Gross | shares         0.0   1.7
Number of Non PEO NEOs that Received One Time Stock Option Grant | Employee           3  
Measure:: 1              
Pay vs Performance Disclosure              
Name Adjusted EBITDA            
Measure:: 2              
Pay vs Performance Disclosure              
Name Adjusted net income per share            
Measure:: 3              
Pay vs Performance Disclosure              
Name Adjusted operating income            
PEO              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount $ 1,034,285 1,221,960 (3,052,627) (1,219,977) $ 3,777,502    
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount (1,157,891) (1,238,312) (1,717,803) (1,821,201) 0    
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 1,349,044 1,903,070 1,143,910 1,735,515 0    
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 230,124 572,164 (1,699,038) (581,060) 2,625,582    
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 0 0 0 0 0    
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 613,008 (14,962) (779,696) (553,231) 1,151,920    
PEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 0 0 0 0 0    
Non-PEO NEO              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 326,830 410,082 (482,991) (86,201) 163,738    
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount (574,124) (609,665) (468,097) (307,324) (41,089)    
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 668,906 877,863 246,459 292,865 36,309    
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 108,188 118,663 (195,368) (35,821) 157,052    
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 0 0 12,809 0 0    
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount 123,860 23,221 (78,794) (35,921) 48,475    
Non-PEO NEO | Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year              
Pay vs Performance Disclosure              
Adjustment to Compensation, Amount $ 0 $ 0 $ 0 $ 0 $ (37,009)