5. ON-BALANCE SHEET DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)

3 Months Ended

Jan. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding interest rate swaps

Instrument	Notional Amount	Receive Rate	Pay Rate
Interest rate swap	$5,333,335	1.25%	0.4295%
Interest rate swap	$4,911,000	0.68%	0.4295%

Schedule of Other Comprehensive Income

	Before-Tax			Tax (Benefit) Expense			Net-of-Tax
Three Months Ended January 31, 2015
Loss on interest rate swap	$	(3,295	)	$	1,318		$	(1,977	)
Reclassification adjustment for loss in income		8,119			(3,248	)		4,871
Net unrealized gain	$	4,824		$	(1,930	)	$	2,894
Three Months Ended January 31, 2016
Loss on interest rate swap	$	(51,043	)	$	20,417		$	(30,626	)
Reclassification adjustment for loss in income		4,833			(1,933	)		2,900
Net unrealized loss	$	(46,210	)	$	18,484		$	(27,726	)