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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

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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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