XML 79 R66.htm IDEA: XBRL DOCUMENT v3.25.3
Retirement Plans (Detail) - USD ($)
12 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Oct. 31, 2023
Net periodic benefit cost:      
Defined Benefit Plan, Service Cost     $ 383,000
Defined Benefit Plan, Interest Cost     1,558,000
Defined Benefit Plan, Expected Return (Loss) on Plan Assets     (1,465,000)
Amortization of net loss     42,000
Settlements     (5,431,000)
Net periodic benefit cost     $ 5,949,000
Defined Benefit Plan, Net Periodic Benefit Cost (Credit) Excluding Service Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]     Other, net
Defined Benefit Plan, Plan Assets, Contributions by Employer   $ 6,300,000  
Defined Contribution Plan, Employer Matching Contribution, Percent of Match 100.00%    
Employer discretionary contribution amount $ 10,400,000 7,700,000 $ 6,500,000
Deferred compensation liability $ 4,100,000 $ 4,700,000  
Retirement Plans Retirement Plans
We have a number of retirement plans covering substantially all employees. We have provided both defined benefit and defined contribution plans, though we terminated our defined benefit plan in 2023. In general, an employee’s coverage for retirement benefits depends on the location of employment.
Defined Benefit Plan
During the year ended October 31, 2023, we terminated our defined benefit plan and settled the obligation during the three months ended October 31, 2023. Until such time that the termination was complete, the participants received an interest related credit on their respective balance equivalent to the prevailing 30-year Treasury rate. The majority of our pension plan participants had their benefit determined pursuant to the cash balance formula. For the remaining participants, the benefit formula was a traditional formula for retirement benefits, whereby the plan payed benefits to employees using a formula which considered years of service and pensionable compensation. During the year ended October 31, 2023, we contributed $6.3 million to the plan in connection with the termination and distribution of the obligation.
The net periodic benefit cost for the year ended October 2023, was as follows (in thousands):
 Year Ended October 31,
 2023
Service cost$383 
Interest cost1,558 
Expected return on plan assets(1,465)
Amortization of net loss42 
Settlements5,431 
Net periodic benefit cost$5,949 
Defined Contribution Plan
We also sponsor a defined contribution plan into which we and our employees make contributions. We match 100% of employee deferrals up to 5% of eligible annual compensation for all employees under the plan. We do not offer our common stock as a direct investment option under these plans. For the years ended October 31, 2025, 2024 and 2023, we contributed approximately $10.4 million, $7.7 million and $6.5 million for these plans, respectively.
Other Plans
We have had supplemental benefit plans covering certain executive officers and currently have a non-qualified deferred compensation plan covering members of the Board of Directors and certain key employees. During the year ended October 31, 2024, the supplemental benefit plan was terminated and the benefits associated with this plan were distributed in accordance with Internal Revenue Service regulations. As of October 31, 2025 and 2024 our liability under the deferred compensation plan
was approximately $4.1 million and $4.7 million, respectively. As of October 31, 2025 and 2024, the current portion of these liabilities was recorded under the caption “Accrued Liabilities,” and the long-term portion was included under the caption “Other Liabilities” in the accompanying balance sheets.
   
Maximum      
Net periodic benefit cost:      
Employer matching contribution, percent of employees' gross pay 5.00%