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Other assets
6 Months Ended
Apr. 30, 2015
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other assets
5. Other assets

Other assets consist of the following (in thousands):

 

     April 30,
2015
     October 31,
2014
 

Intangibles, net

   $ 5,270       $ 5,925   

Grower advances

     494         642   

Loan to Agricola Belher

     845         845   

Loan to FreshRealm members

     301         296   

Notes receivable from San Rafael

     1,273         1,343   

Other

     771         733   
  

 

 

    

 

 

 
$ 8,954    $ 9,784   
  

 

 

    

 

 

 

 

Intangible assets consist of the following (in thousands):

 

            April 30, 2015      October 31, 2014  
     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       $ (3,802   $ 3,838       $ 7,640       $ (3,323   $ 4,317   

Trade names

     8.4 years         2,760         (2,032     728         2,760         (1,900     860   

Trade secrets/recipes

     13.0 years         630         (245     385         630         (220     410   

Brand name intangibles

     indefinite         275         —          275         275         —          275   

Non-competition agreements

     5.0 years         267         (223     44         267         (204     63   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

Intangibles, net

$ 11,572    $ (6,302 $ 5,270    $ 11,572    $ (5,647 $ 5,925   
     

 

 

    

 

 

   

 

 

    

 

 

    

 

 

   

 

 

 

We have recorded $0.3 million of amortization expense for the second quarter of 2015. We have recorded $0.7 million of amortization expense for the six months ended of fiscal 2015. We anticipate recording amortization expense of approximately $0.7 million for the remainder of fiscal 2015, with $1.2 million of amortization expense for fiscal year 2016. We anticipate recording amortization expense of approximately $1.1 million for each of fiscal years 2017 through 2018. We anticipate recording amortization expense of approximately $0.7 million for fiscal year 2019. We anticipate recording the total remaining amortization expense of approximately $0.2 million for fiscal year 2020 through 2023.