Note 7 - Property, Plant and Equipment
|9 Months Ended|
Jul. 31, 2022
|Notes to Financial Statements|
|Property, Plant and Equipment Disclosure [Text Block]||
Note 7. Property, Plant and Equipment
The significant components of property, plant and equipment at July 31, 2022 and at October 31, 2021 are comprised of the following:
Depreciation expense for the three and nine-month periods ended July 31, 2022 was $8.7 million and $25.5 million, respectively. Depreciation expense for the three and nine-month periods ended July 31, 2021 was $7.2 million and $21.2 million, respectively. Depreciation expense related to revenue producing machinery and equipment is recorded in cost of operations and an immaterial amount of depreciation expense related to the Company's capital leases and furniture and fixtures is included in general and administrative expenses in the consolidated statements of operations.
The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections.
Reference 1: http://www.xbrl.org/2003/role/disclosureRef