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Property, Plant and Equipment
12 Months Ended
Oct. 31, 2018
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 6. Property, Plant and Equipment

Property, plant and equipment as of October 31, 2018 and 2017 consisted of the following (in thousands):

 

 

 

2018

 

 

2017

 

 

Estimated

Useful Life

 

Land

 

$

524

 

 

$

524

 

 

 

 

Building and improvements

 

 

19,674

 

 

 

9,331

 

 

10-26 years

 

Machinery, equipment and software

 

 

93,356

 

 

 

91,680

 

 

3-8 years

 

Furniture and fixtures

 

 

3,958

 

 

 

3,576

 

 

10 years

 

Construction in progress

 

 

17,711

 

 

 

23,163

 

 

 

 

 

 

 

135,223

 

 

 

128,274

 

 

 

 

 

Accumulated depreciation

 

 

(87,019

)

 

 

(84,709

)

 

 

 

 

Property, plant and equipment, net

 

$

48,204

 

 

$

43,565

 

 

 

 

 

 

The Company completed the first phase of its project to expand the existing 65,000 square foot manufacturing facility in Torrington, Connecticut by approximately 102,000 square feet for a total size of 167,000 square feet during the year ended October 31, 2018.

Depreciation expense for property, plant and equipment was $4.6 million, $4.4 million and $4.3 million for the years ended October 31, 2018, 2017 and 2016, respectively.