Equipment and Leasehold Improvements
12 Months Ended
Oct. 31, 2011
Equipment And Leasehold Improvements Disclosure [Abstract]  
Equipment and Leasehold Improvements

9. Equipment and Leasehold Improvements

 

The following is a summary of equipment and leasehold improvements at October 31, 2011 and 2010:

 (in thousands) 2011 2010
      
 Equipment$ 70,546$ 70,584
 Leasehold improvements  51,056  45,805
 Subtotal  121,602  116,389
 Less: Accumulated depreciation and amortization  (54,375)  (45,170)
 Equipment and leasehold improvements, net$ 67,227$ 71,219

Depreciation and amortization expense was $15.8 million, $ 15.4 million, and $14.1 million for the years ended October 31, 2011, 2010 and 2009, respectively.