Debt and Capital Lease Obligations (Tables)

12 Months Ended

Oct. 31, 2020

Debt Disclosure [Abstract]

Debt & Capital Lease Obligations

Long-term debt consisted of the following at October 31, 2020 and 2019 (in thousands):

	October 31,
	2020		2019
Revolving Credit Facility	$	103,000	$	142,500
Finance lease obligations and other	15,321		15,865
Unamortized deferred financing fees	(901)		(1,205)
Total debt	117,420		157,160
Less: Current maturities of long-term debt	692		746
Long-term debt	$	116,728	$	156,414

Schedule of Margin and Commitment Fee

The applicable margin and commitment fees are outlined in the following table:

Pricing Level	Consolidated Leverage Ratio	Commitment Fee	LIBOR Rate Loans	Base Rate Loans
I	Less than or equal to 1.50 to 1.00	0.200%	1.25%	0.25%
II	Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00	0.225%	1.50%	0.50%
III	Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00	0.250%	1.75%	0.75%
IV	Greater than 3.00 to 1.00	0.300%	2.00%	1.00%

Schedule of Maturities of Long-term Debt

The table below presents the scheduled maturity dates of our long-term debt outstanding (excluding deferred loan costs of $0.9 million ) at October 31, 2020 (in thousands):

	Revolving Credit Facility		Finance Leases and Other Obligations		Aggregate Maturities
2021	$	—	$	1,529	$	1,529
2022	—		1,482		1,482
2023	103,000		1,383		104,383
2024	—		1,271		1,271
2025	—		1,188		1,188
Thereafter	—		12,768		12,768
Total debt payments	103,000		19,621		122,621
Less: present value discount of finance leases	—		(4,300)		(4,300)
Total	$	103,000	$	15,321	$	118,321