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Leases (Tables)

6 Months Ended

Apr. 30, 2020

Components of the Company's Operating Lease Portfolio Included in Property, Plant and Equipment

The following table presents the components of the Company’s operating lease portfolio included in property, plant and equipment, net as of the dates indicated (in thousands):



	April 30, 2020			October 31, 2019
Land	$	1,279		$	1,279
Buildings, equipment and building improvements	22,841			22,841
Less accumulated depreciation	(7,877		)	(7,551		)
Property, plant and equipment, net under operating leases	$	16,243		$	16,569

Composition of Rental Operations Revenue

The Company’s rental operations revenue consists of the following (in thousands):



	Three Months Ended April 30, 2020		Six Months Ended April 30, 2020
Operating lease revenue	$	1,061	$	2,157
Variable lease revenue	71		148
Total lease revenue	$	1,132	$	2,305

Future Minimum Lease Payments to be Received Related to Net Operating Lease Agreements

The future minimum lease payments to be received by the Company related to these operating lease agreements as of April 30, 2020 are as follows (in thousands):



2020 (excluding the six months ended April 30, 2020)	$	563
2021	659
2022	469
2023	339
2024	42
Thereafter	758
Total	$	2,830

Supplemental Balance Sheet Information Related to Leases

Supplemental balance sheet information related to leases consists of the following (in thousands):



	Classification	April 30, 2020
Assets
Operating lease ROU assets	Other assets	$	2,187

Liabilities and Stockholders' Equity
Current operating lease liabilities	Accrued liabilities	540
Non-current operating lease liabilities	Other long-term liabilities	1,693
Total operating lease liabilities		$	2,233

Weighted-average remaining lease term (in years)		11.0
Weighted-average discount rate		3.9		%

Supplemental Cash Flow Information Related to Leases

Supplemental cash flow information related to leases consists of the following (in thousands):



	Three Months Ended April 30, 2020		Six Months Ended April 30, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases	$	122	$	306

ROU assets obtained in exchange for new operating lease liabilities	$	—	$	—

Future Minimum Lease Payments under Non-Cancellable Leases

A summary of the Company’s future minimum payments for obligations under non-cancellable operating leases as of October 31, 2019 was as follows (in thousands):



2020	$	688
2021	492
2022	291
2023	154
2024	134
Thereafter	1,382
	$	3,141

Future minimum lease payments under non-cancellable leases for the remainder of fiscal year 2020, each of the subsequent four fiscal years and thereafter are as follows (in thousands):



2020 (excluding the six months ended April 30, 2020)	$	240
2021	481
2022	330
2023	154
2024	134
Thereafter	1,450
Total lease payments	2,789
Less: Imputed interest	(556		)
Total	$	2,233