XML 19 R17.htm IDEA: XBRL DOCUMENT v2.4.0.8
Intangible Assets Intangible Assets
 12 Months Ended
Oct. 31, 2013
Intangible Assets [Abstract]  
Intangible Assets [Text Block]
Intangible Assets

Intangible assets acquired with the acquisitions described in Note 3 consist of the following:

 
October 31, 2013
 
 
Useful Life
 
Cost
 
Accumulated Amortization
 
Net
 
Trade Name (Albany Chicago)
15 years
 
$
1,850

 
$
(103
)
 
$
1,747

 
Non-compete (Albany-Chicago)
2 years
 
744

 
(310
)
 
434

 
Customer Relationships (Albany-Chicago)
13 years
 
13,462

 
(771
)
 
12,691

 
Trade Name (Contech)
0.25 years
 
25

 
(25
)
 
—

 
Trademark (Contech)
10 years
 
166

 
(4
)
 
162

 
Developed Technology (Contech)
5 years
 
2,707

 
(136
)
 
2,571

 
 
 
 
$
18,954

 
$
(1,349
)
 
$
17,605


Total amortization expense for the year ending October 31, 2013 was $1,349. Amortization expense related to intangible assets for the following fiscal years ending is estimated to be as follows:
2014
 
$
2,180

2015
 
1,779

2016
 
1,717

2017
 
1,717

2018
 
1,582

Thereafter
 
8,630

 
 
$
17,605