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Other Current Assets (Tables)
12 Months Ended
Oct. 31, 2019
Deferred Costs Capitalized Prepaid And Other Assets Disclosure [Abstract]  
Schedule of Other Current Assets

Other current assets as of October 31, 2019 and 2018 consisted of the following (in thousands):

 

 

 

2019

 

 

2018

 

Advance payments to vendors (1)

 

$

1,899

 

 

$

2,696

 

Deferred finance costs (2)

 

 

-

 

 

 

97

 

Prepaid expenses and other (3)

 

 

4,022

 

 

 

5,799

 

Other current assets

 

$

5,921

 

 

$

8,592

 

 

(1)

Advance payments to vendors relate to payments for inventory purchases ahead of receipt.

(2)

Represents the direct deferred finance costs that relate primarily to securing a $40.0 million credit facility with NRG, which was being amortized over the five-year life of the facility.  The facility was terminated during fiscal year 2019.

(3)

Primarily relates to other prepaid vendor expenses including insurance, rent and lease payments.