Commitments And Contingencies

6 Months Ended

Apr. 30, 2012

Commitments And Contingencies [Abstract]

Commitments And Contingencies

(9) COMMITMENTS AND CONTINGENCIES

Capital Lease Commitments

As of April 30, 2012, future minimum lease payments on capitalized leases were as follows:

For the years ending October 31,	Capital Leases
	(in thousands)
Remainder of 2012	$	739
2013		1,478
2014		1,455
2015		578
2016		—
Total minimum lease payments		4,250
Less: Amounts representing interest		349
Present value of minimum lease payments		3,901
Less: Current portion of obligations under capital leases		1,284
Long-term portion of obligations under capital leases	$	2,617

Claims and Lawsuits:

The Company and its subsidiaries are subject to claims and lawsuits which arise in the ordinary course of business. On the basis of information presently available and advice received from counsel representing the Company and its subsidiaries, it is the opinion of management that the disposition or ultimate determination of such claims and lawsuits against the Company will not have a material adverse effect on the Company's financial position, results of operations, or liquidity.