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Consolidated Statements of Cash Flow - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Operating activities:      
Net (loss) income $ 38,496 $ (46,730) $ 26,553
Adjustments to reconcile net income (loss) to cash provided by operating activities:      
Depreciation and amortization 47,229 49,586 51,822
Loss (gain) on disposition of capital assets 0 732 (142)
Stock-based compensation 879 2,045 1,874
Deferred income tax (189) 3,260 (5,556)
Noncash charge for deferred loan costs and debt discount 0 0 1,064
Asset impairment charges 0 74,600 0
Other, net 1,689 2,176 135
Changes in assets and liabilities, net of effects from acquisitions:      
(Increase) decrease in accounts receivable (5,766) 574 (5,550)
Decrease in inventory 6,119 3,797 17,230
Decrease (increase) in other current assets 2,896 (2,014) 217
Increase in accounts payable 15,922 8,124 8,325
(Decrease) increase in accrued liabilities (3,156) (6,760) 6,892
Increase in income taxes payable 237 3,416 676
(Decrease) increase in deferred pension and postretirement benefits (2,775) 2,531 2,038
(Decrease) increase in other long-term liabilities (236) 513 (523)
Other, net (549) 522 (444)
Cash provided by operating activities 100,796 96,372 104,611
Investing activities:      
Capital expenditures (25,726) (24,883) (26,484)
Proceeds from disposition of capital assets 502 1,324 432
Cash used for investing activities (25,224) (23,559) (26,052)
Financing activities:      
Borrowings under credit facility 114,500 83,500 268,500
Repayments of credit facility borrowings (154,000) (136,000) (296,250)
Debt issuance costs 0 0 (1,001)
Repayments of other long-term debt (1,027) (1,526) (1,798)
Common stock dividends paid (10,534) (10,644) (7,020)
Issuance of common stock 3,626 3,287 4,746
Payroll tax paid to settle shares forfeited upon vesting of stock (454) (330) (960)
Purchase of treasury stock (7,233) (9,551) (32,034)
Cash used for financing activities (55,122) (71,264) (65,817)
Effect of exchange rate changes on cash and cash equivalents 303 316 (1,194)
Increase in cash and cash equivalents 20,753 1,865 11,548
Cash and cash equivalents at beginning of period 30,868 29,003 17,455
Cash and cash equivalents at end of period $ 51,621 $ 30,868 $ 29,003