Prepaid Expenses Prepaid Expenses

12 Months Ended

Oct. 31, 2016

Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]

Other Current Assets [Text Block]

Prepaid expenses and other assets consist of the following:

		October 31,
		2016		2015
Tooling (1)		$	19,792	$	38,097
Prepaid expenses and other assets		10,694		7,609
Assets held for sale		6,500		—
	Total	$	36,986	$	45,706

The Company invested in stamping equipment for one of its manufacturing facilities. During the fourth quarter of fiscal 2016, the Company determined that a need no longer existed for this type of equipment and is currently recorded as a current asset held for sale. Based on the fair market value of the equipment, the Company recorded an impairment charge of $1,282 to properly reflect the $6,500 fair value of the equipment - see Note 4 - Asset Impairment and Restructuring Charges for further details. The Company is actively working with the supplier to identify a buyer over the next several months.

(1) Customer reimbursements for the development of molds, dies and tools (collectively, "tooling") related to new program awards that go into production over the next twelve months.

—Other Assets

			October 31,
			2016		2015
Other assets consist of the following:
	Deferred financing costs, net		$	6,098	$	6,818
	Tooling		881		1,499
	Investment in joint venture		1,300		—
	Other		4,417		3,192
		Total	$	12,696	$	11,509

    Deferred financing costs are amortized over the term of the debt. During fiscal 2016, 2015, and 2014, amortization of these costs amounted to $2,505, $992, and $807, respectively. Accumulated amortization was $6,771 and $4,266 as of October 31, 2016 and 2015, respectively. During fiscal years 2016 and 2015, the Company capitalized $1,785 and $5,529, respectively, of costs related to the Credit Agreement (as defined below).