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Property, Plant, and Equipment
12 Months Ended
Oct. 31, 2015
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

4.     Property, Plant, and Equipment

 

Property, plant, and equipment consist of the following (in thousands):

 

 

 

 

 

 

 

 

 

 

 

October 31, 

 

 

 

2015

 

2014

 

 

 

 

 

 

 

 

 

Land

    

$

7,023

    

$

7,023

 

Buildings and improvements

 

 

22,497

 

 

21,713

 

Leasehold improvements

 

 

4,810

 

 

4,435

 

Equipment

 

 

59,391

 

 

55,467

 

Information systems - hardware and software

 

 

7,839

 

 

7,564

 

Construction in progress

 

 

12,305

 

 

1,057

 

 

 

 

113,865

 

 

97,259

 

Less accumulated depreciation and amortization

 

 

(44,417)

 

 

(39,907)

 

 

 

$

69,448

 

$

57,352

 

 

Depreciation expense was $6.4 million, $5.3 million and $4.6 million for fiscal years 2015, 2014, and 2013, of which $0.5 million was related to depreciation on capital leases for fiscal year 2015, 2014, and 2013. 

 

Property, plant, and equipment include various capital leases which total $3.3 million and $3.4 million, less accumulated depreciation of $2.1 million and $1.7 million as of October 31, 2015 and 2014.

 

The increase in construction in progress from $1.1 million as of October 31, 2014, to $12.3 million as of October 31, 2015, is due to the construction of our new processing facility in Jacksonville, Florida, and the construction of a packinghouse in Jalisco, Mexico.

 

We capitalize software development costs for internal use beginning in the application development stage and ending when the asset is placed into service.  We amortize such costs using the straight-line basis over estimated useful lives.