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Other assets
6 Months Ended
Apr. 30, 2014
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Other assets

5. Other assets

Other assets consist of the following (in thousands):

 

     April 30,
2014
     October 31,
2013
 

Intangibles, net

   $ 6,587       $ 7,272   

Grower advances

     790         938   

Loan to Agricola Belher

     1,690         1,690   

Loan to FreshRealm members

     290         283   

Notes receivable from San Rafael

     1,441         1,594   

Other

     638         570   
  

 

 

    

 

 

 
   $ 11,436       $ 12,347   
  

 

 

    

 

 

 

 

Intangible assets consist of the following (in thousands):

 

     April 30, 2014      October 31, 2013  
     Weighted-
Average
Useful Life
     Gross
Carrying
Value
     Accum.
Amortization
    Net
Book
Value
     Gross
Carrying
Value
     Accum.
Amortization
    Net
Book
Value
 

Customer list/relationships

     8.0 years       $ 7,640       $ (2,843   $ 4,797       $ 7,640       $ (2,364   $ 5,276   

Trade names

     8.4 years         2,760         (1,768     992         2,760         (1,636     1,124   

Trade secrets/recipes

     12.6 years         630         (190     440         630         (137     493   

Brand name intangibles

     indefinite         275         —          275         275         —          275   

Non-competition agreements

     5.0 years         267         (184     83         267         (163     104   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Intangibles, net

      $ 11,572       $ (4,985   $ 6,587       $ 11,572       $ (4,300   $ 7,272   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

We anticipate recording amortization expense of approximately $0.7 million for the remainder of fiscal 2014, with $1.3 million of amortization expense for fiscal year 2015, $1.2 million for fiscal year 2016, $1.1 million for each of the fiscal years 2017 and 2018, and $0.9 million for years thereafter, through fiscal year 2023.