XML 38 R25.htm IDEA: XBRL DOCUMENT v3.25.1
FAIR VALUE MEASUREMENTS (Tables)
6 Months Ended
Apr. 30, 2025
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The Company's assets and liabilities that were measured at fair value on a recurring basis are set forth by level within the fair value hierarchy in the following tables (in thousands):

As of April 30, 2025
Quoted Prices
in Active Markets for Identical Assets (Level 1)
Significant
Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Total
Assets:
Deferred compensation plan:
Corporate-owned life insurance$— $318,547 $— $318,547 
Money market fund11,236 — — 11,236 
Total assets$11,236 $318,547 $— $329,783 
Liabilities:
Contingent consideration $— $— $40,044 $40,044 
As of October 31, 2024
Quoted Prices
in Active Markets for Identical Assets (Level 1)
Significant
Other Observable Inputs
(Level 2)
Significant Unobservable Inputs
(Level 3)
Total
Assets:
Deferred compensation plan:
Corporate-owned life insurance$— $313,794 $— $313,794 
Money market fund3,365 — — 3,365 
Total assets$3,365 $313,794 $— $317,159 
Liabilities:
Contingent consideration$— $— $30,207 $30,207 
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]
The following unobservable inputs were used to derive the estimated fair value of the Company's Level 3 contingent consideration liabilities as of April 30, 2025 ($ in thousands):
Unobservable Weighted
Acquisition Date Fair Value Input Range
Average (1)
1-31-2025$11,959Compound annual revenue growth rate
5% - 22%
17%
Discount rate
6.9% - 6.9%
6.9%
7-18-202221,375Compound annual revenue growth rate
3% - 9%
7%
Discount rate
6.9% - 6.9%
6.9%
3-17-20226,710Compound annual revenue growth rate
(2%) - 6%
3%
Discount rate
7.4% - 7.4%
7.4%
(1)    Unobservable inputs were weighted by the relative fair value of the contingent consideration liability.
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]
Changes in the Company’s contingent consideration liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3) for the six months ended April 30, 2025 are as follows (in thousands):
Liabilities
Balance as of October 31, 2024$30,207 
Contingent consideration related to an acquisition11,509 
Payment of contingent consideration(8,144)
Increase in accrued contingent consideration, net6,766 
Foreign currency transaction adjustments(294)
Balance as of April 30, 2025$40,044