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Leases (Tables)
 12 Months Ended
Oct. 31, 2021
Leases [Abstract]  
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 October 31 (in thousands):
20212020
Land$3,516 $3,522 
Buildings, equipment and building improvements18,712 18,516 
Less: accumulated depreciation(6,331)(5,691)
Property, plant and equipment, net under operating leases$15,897 $16,347 
Composition of Rental Operations Revenue
The Company’s rental operations revenue consists of the following (in thousands):
Year ended October 31,
20212020
Operating lease revenue$4,329 $4,287 
Variable lease revenue317 335 
Total lease revenue$4,646 $4,622 
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 October 31, 2021 are as follows (in thousands):
2022$1,274 
20231,100 
2024822 
2025823 
2026167 
Thereafter675 
Total$4,861 
Supplemental Balance Sheet Information Related to Leases
Supplemental balance sheet information related to leases consists of the following as of October 31 (in thousands):
Classification20212020
Assets
Operating lease ROU assetsOther assets$2,041 $2,053 
Finance lease assetsOther assets1,142 — 
$3,183 $2,053 
Liabilities
Current operating lease liabilitiesAccrued liabilities and payables to related parties$488 $521 
Current finance lease liabilitiesAccrued liabilities249 — 
Non-current operating lease liabilitiesOther long-term liabilities1,648 1,610 
Non-current finance lease liabilitiesOther long-term liabilities884 — 
Total operating lease liabilities$3,269 $2,131 
Weighted-average remaining lease term (in years)
Operating leases10.911.0
Finance leases4.9— 
Weighted-average discount rate
Operating leases3.7 %3.8 %
Finance leases3.3 %— 
Supplemental Cash Flow Information Related to Leases
Supplemental cash flow information related to leases consists of the following (in thousands):
Year ended October 31,
20212020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash outflows from operating leases$603 $559 
Operating cash outflows from finance leases$3 $— 
Financing cash outflows from finance leases$18 $— 
ROU assets obtained in exchange for new operating lease liabilities$271 $108 
Leased assets obtained in exchange for new finance lease liabilities$1,151 $— 
Future Minimum Lease Payments under Non-Cancellable Leases
Future minimum lease payments under non-cancellable leases for each of the subsequent five fiscal years and thereafter are as follows (in thousands), which excludes $448,000 of operating lease payments for leases that have been signed but not commenced:
OperatingFinanceTotal
2022$488 $249 $737 
2023312 249 561 
2024281 249 530 
2025210 249 459 
2026134 229 363 
Thereafter1,192 — 1,192 
Total lease payments2,617 1,225 3,842 
Less: Imputed interest(481)(92)(573)
Present value of lease liabilities$2,136 $1,133 $3,269 
Future Minimum Lease Payments under Non-Cancellable Leases
Future minimum lease payments under non-cancellable leases for each of the subsequent five fiscal years and thereafter are as follows (in thousands), which excludes $448,000 of operating lease payments for leases that have been signed but not commenced:
OperatingFinanceTotal
2022$488 $249 $737 
2023312 249 561 
2024281 249 530 
2025210 249 459 
2026134 229 363 
Thereafter1,192 — 1,192 
Total lease payments2,617 1,225 3,842 
Less: Imputed interest(481)(92)(573)
Present value of lease liabilities$2,136 $1,133 $3,269