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Other assets
3 Months Ended
Jan. 31, 2020
Other Assets  
Other Assets

5.

Other assets

​

Other assets consist of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

    

January 31, 

    

October 31, 

​

​

​

2020

​

2019

​

Mexican IVA (i.e. value-added) taxes receivable (see note 15)

​

$

29,515

​

$

27,592

​

Infrastructure advance to Agricola Belher

​

 

1,800

​

 

1,800

​

Intangibles, net

​

 

418

​

 

435

​

Other

​

 

1,511

​

 

1,514

​

​

​

$

33,244

​

$

31,341

​

​

Intangible assets consist of the following (in thousands):

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

​

January 31, 2020

​

October 31, 2019

​

​

    

Weighted-

    

Gross

    

​

​

    

Net

    

Gross

    

​

​

    

Net

​

​

​

Average

​

Carrying

​

Accum.

​

Book

​

Carrying

​

Accum.

​

Book

​

​

​

Useful Life

​

Value

​

Amortization

​

Value

​

Value

​

Amortization

​

Value

​

Customer list/relationships

 

—

​

$

7,640

​

$

(7,640)

​

$

—

​

$

7,640

​

$

(7,640)

​

$

—

​

Trade names

 

—

​

 

2,760

​

 

(2,760)

​

 

—

​

 

2,760

​

 

(2,760)

​

 

—

​

Trade secrets/recipes

 

9.3 years

​

 

630

​

 

(487)

​

 

143

​

 

630

​

 

(470)

​

 

160

​

Brand name intangibles

 

indefinite

​

 

275

​

 

—

​

 

275

​

 

275

​

 

—

​

 

275

​

Intangibles, net

​

​

​

$

11,305

​

$

(10,887)

​

$

418

​

$

11,305

​

$

(10,870)

​

$

435

​

​

We anticipate recording amortization expense of $0.1 million for the remainder of fiscal 2020, $0.1 million for fiscal year 2021, $0.1 million for fiscal year 2022, $0.1 million for fiscal year 2023, and less than $0.1 million for thereafter, through fiscal year 2023.

​

See Note 11 for additional information related to Mexican IVA taxes.