XML 52 R3.htm IDEA: XBRL DOCUMENT v3.25.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 31, 2025
Oct. 31, 2024
Current Assets    
Cash and cash equivalents $ 64.8 $ 58.0
Restricted cash 1.7 1.3
Accounts receivable    
Trade, net of allowances of $0.7 and $0.8, respectively 80.5 95.4
Grower and fruit advances 2.7 1.7
Other 14.6 15.3
Inventory 80.6 91.2
Prepaid expenses and other current assets 8.5 9.4
Income taxes receivable 8.8 6.7
Total current assets 262.2 279.0
Property, plant and equipment, net 542.2 523.4
Operating lease right-of-use assets 67.7 67.8
Equity method investees 34.8 33.0
Deferred income tax assets, net 10.2 9.7
Goodwill 39.4 39.4
Other assets 26.5 19.2
Total assets 983.0 971.5
Liabilities    
Accounts payable 47.3 35.3
Accrued expenses 38.9 39.9
Income taxes payable 6.8 7.7
Grower payables 23.8 50.3
Short-term borrowings 4.5 3.0
Notes payable 0.0 0.5
Loans from noncontrolling interest holders—current portion 0.2 0.1
Long-term debt—current portion 3.0 3.0
Operating leases—current portion 6.9 6.4
Finance leases—current portion 3.1 2.9
Total current liabilities 134.5 149.1
Long-term debt, net of current portion 92.8 110.7
Loans from noncontrolling interest holders, net of current portion 0.9 1.8
Operating leases, net of current portion 67.5 67.4
Finance leases, net of current portion 22.0 21.5
Income taxes payable 0.0 1.3
Deferred income tax liabilities, net 19.1 16.6
Other long-term liabilities 26.3 26.0
Total liabilities 363.1 394.4
Commitments and contingencies (Note 10)
Shareholders’ Equity    
Common stock ($0.001 par value, 1,000,000,000 shares authorized; 70,569,517 and 70,914,767 shares issued and outstanding as of October 31, 2025 and 2024, respectively) 0.1 0.1
Additional paid-in capital 247.3 239.7
Accumulated other comprehensive income (loss) 0.6 (0.2)
Retained earnings 339.3 307.7
Mission Produce shareholders' equity 587.3 547.3
Noncontrolling interest 32.6 29.8
Total equity 619.9 577.1
Total liabilities and equity $ 983.0 $ 971.5