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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Cash flows from operating activities:        
Net income $ 1,238 $ 1,568 $ 6,802 $ 4,668
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for doubtful accounts 14 (1) (179) 226
Deferred income taxes (70) 192 (5) 703
Equity in (income) loss of affiliates (72) (33) (462) (69)
Foreign currency (gain) loss 836 229 2,018 (431)
Unrealized (gain) loss on derivatives 152 (163) (176) (306)
Depreciation and amortization 1,049 1,034 2,956 3,150
Stock-based compensation 791 699 2,386 2,079
Change in assets and liabilities:        
(Increase) decrease in accounts receivable (2,154) 5,022 4,408 (3,851)
(Increase) decrease in inventories (9,518) (4,871) (22,194) 2,483
(Increase) decrease in prepaid expenses 256 481 5,638 (680)
Increase (decrease) in accounts payable (814) 4,200 2,937 13,542
Increase (decrease) in customer deposits 220 (107) (1,924) 2,690
Increase (decrease) in accrued expenses 1,195 660 1,057 694
Increase (decrease) in accrued payroll and employee benefits 667 (548) (1,573) 287
Increase (decrease) in accrued income tax (67) 216 813 432
Net change in derivative assets and liabilities 104 7 75 170
Other 302 (71) (136) 661
Net cash provided by (used for) operating activities (5,871) 8,514 2,441 26,448
Cash flows from investing activities:        
Proceeds from sale of property and equipment 2   103 3
Purchase of property and equipment (320) (325) (828) (1,001)
Software development costs (202) (227) (800) (833)
Other investments   (28)   (210)
Net cash provided by (used for) investing activities (520) (580) (1,525) (2,041)
Cash flows from financing activities:        
Proceeds from exercise of common stock options     117  
Dividends paid (1,004) (951) (2,927) (2,740)
Taxes paid related to net settlement of restricted shares     (208) (197)
Stock repurchases     (2,890)  
Net cash provided by (used for) financing activities (1,004) (951) (5,908) (2,937)
Effect of exchange rate changes on cash and cash equivalents (1,111) (400) (5,535) 1,142
Net increase (decrease) in cash and cash equivalents (8,506) 6,583 (10,527) 22,612
Cash and cash equivalents at beginning of period 82,042 73,888 84,063 57,859
Cash and cash equivalents at end of period 73,536 $ 80,471 73,536 $ 80,471
Cash and cash equivalents at beginning of period     84,063  
Cash and cash equivalents at end of period $ 73,536   $ 73,536