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Other assets and Intangibles
9 Months Ended
Jul. 31, 2022
Other assets and Intangibles  
Other assets and Intangibles

5.

Other assets and Intangibles

Other assets consist of the following (in thousands):

    

July 31, 

    

October 31, 

2022

2021

Mexican IVA (i.e. value-added) taxes receivable (see note 11)

$

41,265

$

37,493

Infrastructure advances to Agricola Belher

 

1,641

 

1,641

Bridge loan to Agricola Belher

 

1,700

 

Other

 

815

 

1,366

Total

$

45,421

$

40,500

Intangible assets consist of the following (in thousands):

July 31, 2022

October 31, 2021

    

Weighted-

    

Gross

    

    

Net

    

Gross

    

    

Net

Average

Carrying

Accum.

Book

Carrying

Accum.

Book

Useful Life

Value

Amortization

Value

Value

Amortization

Value

Customer list/relationships

 

7 years

$

17,340

$

(11,028)

$

6,312

$

17,340

$

(9,989)

$

7,351

Trade names

 

11 years

 

4,060

 

(3,070)

 

990

 

4,060

 

(2,980)

 

1,080

Trade secrets/recipes

 

9 years

 

630

 

(620)

 

10

 

630

 

(567)

 

63

Brand name intangibles

 

indefinite

 

275

 

 

275

 

275

 

 

275

Intangibles, net

$

22,305

$

(14,718)

$

7,587

$

22,305

$

(13,536)

$

8,769

We anticipate recording amortization expense of $0.4 million for the remainder of fiscal 2022, $1.5 million for fiscal year 2023, $1.5 million for fiscal year 2024, $1.5 million for fiscal year 2025, and $2.4 million thereafter.