Acquired Intangible Assets and Goodwill (Tables)

12 Months Ended

Oct. 31, 2015

Acquired Intangible Assets and Goodwill [Abstract]

Acquired intangible assets and goodwill

	2015				2014
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortizable intangible assets:
Non-compete agreement	$	1,000,000	$	1,000,000	$	1,000,000	$	1,000,000
Customer relationships		2,451,073		1,393,228		2,451,073		1,271,130
Other		564,946		564,946		564,946		564,946
		4,016,019		2,958,174		4,016,019		2,836,076
Unamortizable intangible assets:
Goodwill		1,737,763		507,278		1,737,763		507,278
		1,737,763		507,278		1,737,763		507,278
Total goodwill and other intangibles	$	5,753,782	$	3,465,452	$	5,753,782	$	3,343,354

Estimated amortization expense

Estimated amortization expense for each of the following five years and thereafter is:

2016	$	122,098
2017		122,098
2018		122,098
2019		122,098
2020		122,098
Thereafter		447,355
	$	1,057,845

Changes in the carrying amount of trademark and masthead, and other amortizing intangibles

Amortizing Intangible Assets (net of amortization expense):

	Printing		Office Products and Furniture		Total
Balance at October 31, 2013:
Amortizing Intangible Assets (net of amortization expense)	$	442,317	$	865,932	$	1,308,249
Accumulated Impairment losses		-		-		-
		442,317		865,932		1,308,249
Amortizing Intangible Assets (net of amortization expense) acquired Fiscal 2014		-		-		-
Impairment losses Fiscal 2014		-		-		-
Amortization expense		47,111		81,195		128,306
Balance at October 31, 2014:
Amortizing Intangible Assets (net of amortization expense)		395,206		784,737		1,179,943
Accumulated Impairment Losses		-		-		-
		395,206		784,737		1,179,943
Amortizing intangible acquired in Fiscal 2015		-		-		-
Impairment losses Fiscal 2015		-		-		-
Amortization expense		40,903		81,195		122,098
Balance at October 31, 2015:
Amortizing intangible		354,303		703,542		1,057,845
Accumulated Impairment losses		-		-		-
	$	354,303	$	703,542	$	1,057,845

Impairment charges

A summary of impairment charges from continuing operations is included in the table below:

		2015		2014		2013
Goodwill	$	-	$	-	$	2,226,837
Other intangibles		-		-		-
	$	-	$	-	$	2,226,837