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Goodwill and Intangible Assets
 3 Months Ended
Jan. 31, 2014
Intangible Assets [Abstract]  
Intangible Assets Disclosure [Text Block]
Intangible Assets

Goodwill

The following table reflects the carrying value of goodwill for the respective periods:

    
 
January 31, 2014
 
October 31, 2013
Goodwill
$
6,768

 
$
6,768



Intangible Assets
The following table reflects intangible assets and related accumulated amortization:
 
 
 
 
 
 
 
 
 
 
January 31, 2014
 
 
Useful Life
 
Cost
 
Accumulated Amortization
 
Net
 
Trade Name (Albany-Chicago)
15 years
 
$
1,850

 
$
(134
)
 
$
1,716

 
Non-compete (Albany-Chicago)
2 years
 
744

 
(403
)
 
341

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

 
(1,053
)
 
12,409

 
Trade Name (Contech)
0.25 years
 
25

 
(25
)
 
—

 
Trademark (Contech)
10 years
 
166

 
(8
)
 
158

 
Developed Technology (Contech)
5 years
 
2,707

 
(271
)
 
2,436

 
 
 
 
$
18,954

 
$
(1,894
)
 
$
17,060

 
 
 
 
 
 
 
 
 
 
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 was $545 and $112 for the periods ended January 31, 2014 and January 31, 2013, respectively. Amortization expense related to intangible assets for the fiscal years ending is estimated to be as follows:
        
Remainder of 2014
 
$
1,635

2015
 
1,779

2016
 
1,717

2017
 
1,717

2018
 
1,582

Thereafter
 
8,630

 
 
$
17,060