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Unaudited Quarterly Data
12 Months Ended
Oct. 31, 2020
Quarterly Financial Information Disclosure [Abstract]  
Unaudited Quarterly Data lected quarterly financial data for the years ended October 31, 2020 and 2019 was as follows (amounts in thousands, except per share amounts):
For the Quarter EndedJanuary 31, 2020April 30, 2020July 31, 2020October 31, 2020
Net sales$196,597 $187,475 $212,096 $255,405 
Cost of sales (excluding depreciation and amortization)157,427 149,732 162,427 189,164 
Depreciation and amortization12,905 11,886 11,060 11,378 
Operating income1,980 8,893 16,563 27,829 
Net income$10 $5,501 $10,833 $22,152 
Basic earnings per share— 0.17 0.33 0.68 
Diluted earnings per share— 0.17 0.33 0.68 
Cash dividends paid per common share$0.08 $0.08 $0.08 $0.08 

For the Quarter EndedJanuary 31, 2019April 30, 2019July 31, 2019October 31, 2019
Net sales$196,808 $218,203 $238,461 $240,369 
Cost of sales (excluding depreciation and amortization)158,557 171,378 181,357 183,128 
Depreciation and amortization12,572 12,404 12,182 12,428 
Operating (loss) income(2,450)(19,363)19,110 (23,724)
Net (loss) income$(3,649)$(23,974)$11,841 $(30,948)
Basic (loss) earnings per share(0.11)(0.73)0.36 (0.94)
Diluted (loss) earnings per share(0.11)(0.73)0.36 (0.94)
Cash dividends paid per common share$0.08 $0.08 $0.08 $0.08 
Quarterly earnings (loss) per share results may not sum to the consolidated earnings per share results on the accompanying consolidated statements of income (loss) due to rounding and changes in weighted average shares during the respective periods.