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DEBT
 6 Months Ended
Apr. 30, 2025
Debt Disclosure [Abstract]  
Long-term Debt [Text Block] LONG-TERM DEBT
Long-term debt consists of the following (in thousands):
April 30, 2025October 31, 2024
Borrowings under revolving credit facility$1,065,000 $1,015,000 
2028 senior unsecured notes600,000 600,000 
2033 senior unsecured notes600,000 600,000 
Finance leases and notes payable24,015 26,133 
Less: Debt discount and debt issuance costs(10,864)(11,759)
2,278,151 2,229,374 
Less: Current maturities of long-term debt(3,789)(4,107)
$2,274,362 $2,225,267 

Revolving Credit Facility
The Company's borrowings under its revolving credit facility mature in fiscal 2028. As of April 30, 2025 and October 31 2024, the weighted average interest rate on borrowings under the Company's revolving credit facility ("Credit Facility") was 5.9% and 6.3%, respectively. The Credit Facility contains both financial and non-financial covenants. As of April 30, 2025, the Company was in compliance with all such covenants.

Senior Unsecured Notes

The Company's senior unsecured notes consist of $600 million principal amount of 5.25% Senior Notes due August 1, 2028 (the "2028 Notes") and $600 million principal amount of 5.35% Senior Notes due August 1, 2033 (the "2033 Notes" and, collectively with the 2028 Notes, the "Notes"). Interest on the Notes is payable semi-annually in arrears on February 1 and August 1 of each year. The 2028 Notes and 2033 Notes each have an effective interest rate of 5.5%. The Notes are fully and unconditionally guaranteed on a senior unsecured basis by all of the Company's existing and future subsidiaries that guarantee the Company's obligations under the Credit Facility (the "Guarantor Group"). As of April 30, 2025, the Company was in compliance with all covenants related to the Notes.
The following table sets forth the carrying value and estimated fair value of the Company’s Notes, which are classified as Level 1 financial instruments in the fair value hierarchy (in thousands). The Company estimated the fair value of the Notes by taking the weighted average of market quotes for the exact security that was actively traded on April 30, 2025 and October 31, 2024.

April 30, 2025October 31, 2024
Carrying ValueFair ValueCarrying ValueFair Value
2028 Notes$595,844 $612,735 $595,267 $609,376 
2033 Notes593,292 606,878 592,974 605,917 
Total $1,189,136 $1,219,613 $1,188,241 $1,215,293