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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Cash flows from operating activities:      
Net income $ 249,539 $ 337,091 $ 377,375
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 56,323 55,454 52,959
Amortization 56,979 54,790 55,448
Provision for losses on receivables 2,165 2,254 1,185
Deferred income taxes (13,956) (1,018) (33,949)
Non-cash stock compensation 12,856 18,086 21,550
Loss on sale of property, plant and equipment 484 953 830
Impairment loss on assets held for sale 87,371 0 0
Other non-cash 3,729 (669) 1,359
Changes in operating assets and liabilities:      
Receivables 50,098 (39,992) 10,236
Inventories 5,785 (23,117) 5,532
Prepaid expenses 1,978 (2,024) (4,046)
Accounts payable (10,673) 654 (2,671)
Income taxes payable (7,816) (3,832) (2,718)
Accrued liabilities 6,360 (14,027) 2,134
Customer advance payments (619) 2,193 5,047
Other net 1,818 (3,903) 14,367
Net cash provided by operating activities 502,421 382,893 504,638
Cash flows from investing activities:      
Additions to property, plant and equipment (50,535) (64,244) (89,790)
Proceeds from sale of property, plant and equipment 840 1,285 458
Acquisition of businesses, net of cash acquired (142,414) (12,486) (50,586)
Other (2,000) (844) 0
Net cash used in investing activities (194,109) (76,289) (139,918)
Cash flows from financing activities:      
Proceeds from short-term borrowings 0 0 996
Repayment of short-term borrowings 0 0 (1,006)
Proceeds from long-term debt 165,734 186,635 585,661
Repayment of long-term debt (319,550) (254,473) (854,538)
Repayment of capital lease obligations (7,605)    
Repayment of capital lease obligations   (4,859) (5,333)
Payment of debt issuance costs 0 (1,742) (1,826)
Issuance of common shares 50,853 26,020 18,811
Purchase of treasury shares (52,614) (120,510) (24,012)
Dividends paid (88,347) (82,145) (72,443)
Net cash used in financing activities (251,529) (251,074) (353,690)
Effect of exchange rate changes on cash 346 (44) (5,735)
Increase in cash and cash equivalents 57,129 55,486 5,295
Cash and cash equivalents at beginning of year 151,164 95,678 90,383
Cash and cash equivalents at end of year $ 208,293 $ 151,164 $ 95,678