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Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Operating activities:    
Net income $ 63,669 $ 36,082
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 30,554 32,543
Stock-based compensation 1,707 1,470
Deferred income tax 505 5,429
Other, net 2,647 5,485
Changes in assets and liabilities:    
Increase in accounts receivable (5,306) (8,277)
Increase in inventory (48,280) (32,113)
Increase in other current assets (824) (2,768)
Increase in accounts payable 2,765 1,600
(Decrease) increase in accrued liabilities (4,721) 12,521
Increase (decrease) in income taxes payable 7,522 (5,158)
Decrease in deferred pension and postretirement benefits (239) (158)
Increase in other long-term liabilities 32 962
Other, net (177) (183)
Cash provided by operating activities 49,854 47,435
Investing activities:    
Capital expenditures (19,488) (16,006)
Proceeds from disposition of capital assets 134 3,138
Cash used for investing activities (19,354) (12,868)
Financing activities:    
Borrowings under credit facility 70,500 0
Repayments of credit facility borrowings (70,500) (45,000)
Debt issuance costs (1,210) 0
Repayments of other long-term debt (1,301) (502)
Common stock dividends paid (7,916) (8,017)
Issuance of common stock 502 16,272
Payroll tax paid to settle shares forfeited upon vesting of stock (1,412) (492)
Purchase of treasury stock (6,600) (5,741)
Cash used for financing activities (17,937) (43,480)
Effect of exchange rate changes on cash and cash equivalents (2,594) 955
Increase (decrease) in cash and cash equivalents 9,969 (7,958)
Cash and cash equivalents at beginning of period 40,061 51,621
Cash and cash equivalents at end of period $ 50,030 $ 43,663