Acquired Intangible Assets and Goodwill (Tables)

9 Months Ended

Jul. 31, 2014

	July 31, 2014				October 31, 2013
	Gross				Gross
	Carrying		Accumulated		Carrying		Accumulated
	Amount		Amortization		Amount		Amortization
Amortizable intangible assets:
Non-compete agreement	$	1,000,000	$	1,000,000	$	1,000,000	$	1,000,000
Customer relationships		2,451,073		1,240,606		2,451,073		1,149,033
Other		564,946		564,946		564,946		558,737
		4,016,019		2,805,552		4,016,019		2,707,770

Unamortizable intangible assets:
Goodwill		1,737,763		507,278		1,737,763		507,278
		1,737,763		507,278		1,737,763		507,278

Total goodwill and other intangibles	$	5,753,782	$	3,312,830	$	5,753,782	$	3,215,048

Estimated amortization expense for each of the following years is:

The changes in the carrying amount of goodwill and other amortizing intangibles for the nine months ended July 31, 2014 were:

Goodwill:

	Printing			Office Products and Furniture		Total

Balance at October 31, 2013:
Goodwill	$	2,226,837		$	1,230,485	$	3,457,322
Accumulated impairment losses		(2,226,837	)		-		(2,226,837	)
		-			1,230,485		1,230,485

Goodwill acquired nine months ended July 31, 2014		-			-		-
Impairment losses nine months ended July 31, 2014		-			-		-

Balance at July 31, 2014:
Goodwill		2,226,837			1,230,485		3,457,322
Accumulated impairment losses		(2,226,837	)		-		(2,226,837	)
	$	-		$	1,230,485	$	1,230,485

Amortizing Intangible Assets (net of amortization expense):

	Printing		Office Products and Furniture		Total

Balance at October 31, 2013:
Amortizing intangible assets	$	442,317	$	865,932	$	1,308,249
Accumulated impairment losses		-		-		-
		442,317		865,932		1,308,249

Amortizing intangible assets acquired nine months ended July 31, 2014		-		-		-
Impairment losses nine months ended July 31, 2014		-		-		-
Amortization expense		36,811		60,971		97,782

Balance at July 31, 2014:
Amortizing intangible assets		405,506		804,961		1,210,467
Accumulated impairment losses		-		-		-
	$	405,506	$	804,961	$	1,210,467