Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Goodwill and Intangible Assets (Tables)

v3.24.0.1
Note 6 - Goodwill and Intangible Assets (Tables)
3 Months Ended
Jan. 31, 2024
Notes Tables  
Schedule of Finite-Lived Intangible Assets [Table Text Block]
   

As of January 31,

 
   

2024

 
   

Weighted Average

   

Gross

                   

Foreign Currency

   

Net

 
      Remaining Life       Carrying       Accumulated       Accumulated       Translation       Carrying  

(in thousands)

 

(in Years)

   

Value

   

Impairment

   

Amortization

   

Adjustment

   

Amount

 

Intangibles subject to amortization:

                                               

Customer relationship

    9.8     $ 195,126     $ -     $ (133,859 )   $ 1,135     $ 62,402  

Trade name

    4.8       5,097       -       (2,778 )     273       2,592  

Assembled workforce

    1.2       1,650       -       (1,110 )     -       540  

Noncompete agreements

    3.7       1,200       -       (455 )     -       745  

Indefinite-lived intangible assets:

                                               

Trade names (indefinite life)

    -       55,500       (5,000 )     -       -       50,500  

Total intangibles

          $ 258,573     $ (5,000 )   $ (138,202 )   $ 1,408     $ 116,779  
   

As of October 31,

 
   

2023

 
   

Weighted Average

   

Gross

                   

Foreign Currency

   

Net

 
      Remaining Life       Carrying       Accumulated       Accumulated       Translation       Carrying  

(in thousands)

 

(in Years)

   

Value

   

Impairment

   

Amortization

   

Adjustment

   

Amount

 

Intangibles subject to amortization:

                                               

Customer relationship

    10.1     $ 195,126     $ -     $ (130,295 )   $ 832     $ 65,663  

Trade name

    5.1       5,097       -       (2,645 )     146       2,598  

Assembled workforce

    1.4       1,650       -       (972 )     -       678  

Noncompete agreements

    3.9       1,200       -       (395 )     -       805  

Indefinite-lived intangible assets:

                                               

Trade names (indefinite life)

    -       55,500       (5,000 )     -       -       50,500  

Total intangibles

          $ 258,573     $ (5,000 )   $ (134,307 )   $ 978     $ 120,244  
Schedule of Goodwill [Table Text Block]

(in thousands)

 

U.S. Concrete Pumping

   

U.K. Operations

   

U.S. Concrete Waste Management Services

   

Total

 

Balance at October 31, 2023

  $ 147,482     $ 24,902     $ 49,133     $ 221,517  

Foreign currency translation

    -       1,227       -       1,227  

Balance at January 31, 2024

  $ 147,482     $ 26,129     $ 49,133     $ 222,744