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Goodwill and Intangible Assets
9 Months Ended
Jul. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block]

Goodwill:

The changes in the carrying amount of goodwill for the nine months ended July 31, 2019 are as follows:
Balance October 31, 2018
 
$
27,376

 
Foreign currency translation
 
8

Balance July 31, 2019
 
$
27,384



Intangible Assets
    
The changes in the carrying amount of finite-lived intangible assets for the nine months ended July 31, 2019 are as follows:
 
 
Customer Relationships
 
Developed Technology
 
Non-Compete
 
Trade Name
 
Trademark
 
Total
Balance October 31, 2018
$
10,311

 
$
3,404

 
$
15

 
$
1,131

 
$
78

 
$
14,939

 
Amortization expense
(998
)
 
(296
)
 
(12
)
 
(93
)
 
(12
)
 
(1,411
)
 
Foreign currency translation
(3
)
 
(36
)
 

 

 

 
(39
)
Balance July 31, 2019
$
9,310

 
$
3,072

 
$
3

 
$
1,038

 
$
66

 
$
13,489


Intangible assets are amortized on the straight-line method over their legal or estimated useful lives. The following summarizes the gross carrying value and accumulated amortization for each major class of intangible assets:
 
 
July 31, 2019
 
 
Weighted Average Useful Life (years)
 
Gross Carrying Value Net of Foreign Currency
 
Accumulated Amortization
 
Net
 
Customer relationships
7.2
 
17,561

 
$
(8,251
)
 
$
9,310

 
Developed technology
9.1
 
7,129

 
(4,057
)
 
3,072

 
Non-compete
0.2
 
824

 
(821
)
 
3

 
Trade Name
8.4
 
1,875

 
(837
)
 
1,038

 
Trademark
4.0
 
166

 
(100
)
 
66

 
 
 
 
$
27,555

 
$
(14,066
)
 
$
13,489


Total amortization expense was $518 and $1,558 for the three and nine months ended July 31, 2019, respectively, and $607 and $1,767 for the three and nine months ended July 31, 2018, respectively. A favorable lease asset of $1,458 was acquired as part of the Brabant acquisitions in fiscal year 2018 with a 7 year useful life. Amortization expense for the three and nine months ended July 31, 2019 was $49 and $147, respectively. A net balance of $1,050 is included within other assets for the favorable lease asset. Amortization expense related to intangible assets and the favorable lease asset for the following fiscal years ending is estimated to be as follows:
    
Twelve Months Ended July 31,
 
 
2020
 
$
2,060

2021
 
2,057

2022
 
2,057

2023
 
2,056

2024
 
2,041

Thereafter
 
4,268

 
 
$
14,539