XML 66 R38.htm IDEA: XBRL DOCUMENT
v3.20.1

Goodwill and Intangible Assets (Tables) | 6 Months Ended
--- | ---
Apr. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract] |
Change in the Carrying Amount of Goodwill | A summary of the change in the carrying amount of goodwill is as follows (in thousands):
| Goodwill Net Carrying Amount
October 31, 2019 | $ | 1,839 |
Trapani Fresh purchase price adjustment | (297 | )
Foreign currency translation adjustment | (19 | )
April 30, 2020 | $ | 1,523 |
Indefinite-Lived Intangible Assets | Intangible assets consisted of the following as of April 30, 2020 and October 31, 2019 (in thousands):
| April 30, 2020 |  | October 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life in Years
Trade names and trademarks | $ | 3,786 |  |  | $ | (698 | ) |  | $ | 3,088 |  |  | 10 |  | $ | 3,786 |  |  | $ | (542 | ) |  | $ | 3,244 |  |  | 10
Customer relationships | 5,010 |  |  | (781 | ) |  | 4,229 |  |  | 9 |  | 5,010 |  |  | (500 | ) |  | 4,510 |  |  | 9
Non-competition agreement | 1,040 |  |  | (95 | ) |  | 945 |  |  | 10 |  | 1,040 |  |  | (42 | ) |  | 998 |  |  | 10
Acquired water and mineral rights | 3,420 |  |  | — |  |  | 3,420 |  |  | Indefinite |  | 3,655 |  |  | — |  |  | 3,655 |  |  | Indefinite
| $ | 13,256 |  |  | $ | (1,574 | ) |  | $ | 11,682 |  |  |  |  | $ | 13,491 |  |  | $ | (1,084 | ) |  | $ | 12,407 |  |  |
Finite-Lived Intangible Assets | Intangible assets consisted of the following as of April 30, 2020 and October 31, 2019 (in thousands):
| April 30, 2020 |  | October 31, 2019
| Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life in Years |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Weighted Average Useful Life in Years
Trade names and trademarks | $ | 3,786 |  |  | $ | (698 | ) |  | $ | 3,088 |  |  | 10 |  | $ | 3,786 |  |  | $ | (542 | ) |  | $ | 3,244 |  |  | 10
Customer relationships | 5,010 |  |  | (781 | ) |  | 4,229 |  |  | 9 |  | 5,010 |  |  | (500 | ) |  | 4,510 |  |  | 9
Non-competition agreement | 1,040 |  |  | (95 | ) |  | 945 |  |  | 10 |  | 1,040 |  |  | (42 | ) |  | 998 |  |  | 10
Acquired water and mineral rights | 3,420 |  |  | — |  |  | 3,420 |  |  | Indefinite |  | 3,655 |  |  | — |  |  | 3,655 |  |  | Indefinite
| $ | 13,256 |  |  | $ | (1,574 | ) |  | $ | 11,682 |  |  |  |  | $ | 13,491 |  |  | $ | (1,084 | ) |  | $ | 12,407 |  |  |
Estimated Future Amortization Expense of Intangible Assets | Estimated future amortization expense of intangible assets as of April 30, 2020 are as follows (in thousands):
2020 (excluding the six months ended April 30, 2020) | $ | 547 |
2021 | 1,027 |
2022 | 976 |
2023 | 976 |
2024 | 976 |
Thereafter | 3,760 |
| $ | 8,262 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 3 -Subparagraph (b),(d) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16373-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration