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Goodwill and Intangible Assets (Tables)

9 Months Ended

Jul. 31, 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			(4)
July 31, 2020			$	1,538

Indefinite-Lived Intangible Assets

Intangible assets consisted of the following as of July 31, 2020 and October 31, 2019 (in thousands):

			July 31, 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					$	(801)					$	2,985					10						$	3,786					$	(542)					$	3,244					10
Customer relationships			5,010						(914)						4,096						9						5,010						(500)						4,510						9
Non-competition agreement			1,040						(121)						919						10						1,040						(42)						998						10
Acquired water and mineral rights			3,609						—						3,609						Indefinite						3,655						—						3,655						Indefinite
			$	13,445					$	(1,836)					$	11,609											$	13,491					$	(1,084)					$	12,407

Finite-Lived Intangible Assets

Intangible assets consisted of the following as of July 31, 2020 and October 31, 2019 (in thousands):

			July 31, 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					$	(801)					$	2,985					10						$	3,786					$	(542)					$	3,244					10
Customer relationships			5,010						(914)						4,096						9						5,010						(500)						4,510						9
Non-competition agreement			1,040						(121)						919						10						1,040						(42)						998						10
Acquired water and mineral rights			3,609						—						3,609						Indefinite						3,655						—						3,655						Indefinite
			$	13,445					$	(1,836)					$	11,609											$	13,491					$	(1,084)					$	12,407

Estimated Future Amortization Expense of Intangible Assets

Estimated future amortization expense of intangible assets as of July 31, 2020 are as follows (in thousands):

2020 (excluding the nine months ended July 31, 2020)			$	285
2021			1,027
2022			976
2023			976
2024			976
Thereafter			3,760
			$	8,000

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

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