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Property, Plant and Equipment
12 Months Ended
Oct. 31, 2019
Property Plant And Equipment [Abstract]  
Property, Plant and Equipment

Note 8. Property, Plant and Equipment

 

Property, plant and equipment as of October 31, 2019 and 2018 consisted of the following (in thousands):

 

 

 

2019

 

 

2018

 

 

Estimated

Useful Life

 

Land

 

$

524

 

 

$

524

 

 

 

 

Building and improvements

 

 

20,395

 

 

 

19,674

 

 

10-26 years

 

Machinery, equipment and software

 

 

106,726

 

 

 

93,356

 

 

3-8 years

 

Furniture and fixtures

 

 

4,255

 

 

 

3,958

 

 

10 years

 

Construction in progress

 

 

1,144

 

 

 

17,711

 

 

 

 

 

 

 

133,044

 

 

 

135,223

 

 

 

 

 

Accumulated depreciation

 

 

(91,910

)

 

 

(87,019

)

 

 

 

 

Property, plant and equipment, net

 

$

41,134

 

 

$

48,204

 

 

 

 

 

 

 

During the year ended October 31, 2019, the Company recorded a $2.8 million impairment of construction in process assets related to automation equipment due to uncertainty of completion.  There were no impairments of property, plant and equipment for the years ended October 31, 2018 and 2017.

 

Depreciation expense for property, plant and equipment was $4.9 million, $4.6 million and $4.4 million for the years ended October 31, 2019, 2018 and 2017, respectively.