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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2023
Apr. 30, 2022
Apr. 30, 2023
Apr. 30, 2022
Cash flows from operating activities:        
Net income (loss) $ 377 $ 2,029 $ 1,707 $ 5,564
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for doubtful accounts (22) (107) 62 (193)
Deferred income taxes 149 79 301 65
Equity in (income) loss of affiliates (232) (276) (222) (390)
Foreign currency (gain) loss (656) 815 (2,243) 1,182
Unrealized (gain) loss on derivatives 438 (485) 50 (328)
Depreciation and amortization 1,050 965 2,104 1,907
Stock-based compensation 750 806 1,524 1,595
Change in assets and liabilities:        
(Increase) decrease in accounts receivable 203 3,521 5,954 6,562
(Increase) decrease in inventories (7,487) (6,741) (10,471) (12,676)
(Increase) decrease in prepaid expenses 548 1,226 (2,656) 5,382
Increase (decrease) in accounts payable 7,450 (111) 2,206 3,751
Increase (decrease) in customer deposits (102) (2,211) 713 (2,144)
Increase (decrease) in accrued expenses (111) 784 (1,927) (138)
Increase (decrease) in accrued payroll and employee benefits 504 317 (2,804) (2,240)
Net change in deferred tax assets and liabilities (1,381) (377) (980) 880
Net change in derivative assets and liabilities 47 (77) 600 (29)
Other (574) (994) (953) (438)
Net cash provided by (used for) operating activities 951 (837) (7,035) 8,312
Cash flows from investing activities:        
Proceeds from sale of property and equipment 1 94 1 101
Purchase of property and equipment (443) (231) (657) (508)
Software development costs (364) (295) (749) (598)
Other investments 273   273  
Net cash provided by (used for) investing activities (533) (432) (1,132) (1,005)
Cash flows from financing activities:        
Proceeds from exercise of common stock options     270 117
Dividends paid (1,039) (986) (2,034) (1,923)
Taxes paid related to net settlement of restricted shares     (313) (208)
Stock repurchases (3,866) (1,671) (4,609) (2,890)
Net cash provided by (used for) financing activities (4,905) (2,657) (6,686) (4,904)
Effect of exchange rate changes on cash and cash equivalents (246) (4,061) 3,086 (4,424)
Net increase (decrease) in cash and cash equivalents (4,733) (7,987) (11,767) (2,021)
Cash and cash equivalents at beginning of period 56,888 90,029 63,922 84,063
Cash and cash equivalents at end of period 52,155 $ 82,042 52,155 $ 82,042
Cash and cash equivalents at beginning of period     63,922  
Cash and cash equivalents at end of period $ 52,155   $ 52,155