XML 39 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
Goodwil and Intangible Assets (Tables)
9 Months Ended
Jul. 31, 2014
Intangible Assets [Abstract]  
Schedule of Goodwill [Table Text Block]
The table below reflects the changes in the carrying value of goodwill for the nine month period ending July 31, 2014:

    
 
October 31, 2013
 
Fair Value Valuation
 
July 31, 2014
Goodwill
$6,768
 
$10,773
 
$17,541
Schedule of Finite-Lived Intangible Assets [Table Text Block]
:
 
 
 
 
 
 
 
 
 
 
July 31, 2014
 
 
Useful Life
 
Cost
 
Accumulated Amortization
 
Net
 
Trade Name (Albany-Chicago)
15 years
 
$
1,850

 
$
(195
)
 
$
1,655

 
Non-compete (Albany-Chicago)
2 years
 
744

 
(589
)
 
155

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

 
(1,617
)
 
11,845

 
Trade Name (Contech)
0.25 years
 
25

 
(25
)
 

 
Trademark (Contech)
10 years
 
166

 
(17
)
 
149

 
Developed Technology (Contech)
5 years
 
2,707

 
(541
)
 
2,166

 
Customer Relationships (FMS)
9 years
 
13,006

 

 
13,006

 
Customer Relationships (FMS)
12 years
 
7,176

 

 
7,176

 
Developed Technology (FMS)
11 years
 
3,588

 

 
3,588

 
 
 
 
$
42,724

 
$
(2,984
)
 
$
39,740

 
 
 
 
 
 
 
 
 
 
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

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]
Amortization expense related to intangible assets for the fiscal years ending is estimated to be as follows:
        
Remainder of 2014
 
$
1,335

2015
 
4,148

2016
 
4,086

2017
 
4,086

2018
 
3,951

Thereafter
 
22,134

 
 
$
39,740