XML 36 R23.htm IDEA: XBRL DOCUMENT v3.25.1
DEBT (Tables)
 6 Months Ended
Apr. 30, 2025
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments [Table Text Block]
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 
Schedule of Carrying Values and Estimated Fair Values of Debt Instruments
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