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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2021
Oct. 31, 2020
Oct. 31, 2019
Cash flows from operating activities:      
Net income $ 454,368 $ 249,539 $ 337,091
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 53,332 56,323 55,454
Amortization 50,551 56,979 54,790
Provision for losses on receivables 32 2,165 2,254
Deferred income taxes 4,071 (13,956) (1,018)
Non-cash stock compensation 22,757 12,856 18,086
Loss on sale of property, plant and equipment 589 484 953
Impairment loss on assets held for sale 0 87,371 0
Other non-cash 4,907 3,729 (669)
Changes in operating assets and liabilities:      
Receivables (13,720) 50,098 (39,992)
Inventories (50,584) 5,785 (23,117)
Prepaid expenses (5,209) 1,978 (2,024)
Accounts payable 20,769 (10,673) 654
Income taxes payable 8,659 (7,816) (3,832)
Accrued liabilities 32,929 6,360 (14,027)
Customer advance payments 36,167 (619) 2,193
Other - principally pension plan (73,691) 1,818 (3,903)
Net cash provided by operating activities 545,927 502,421 382,893
Cash flows from investing activities:      
Additions to property, plant and equipment (38,303) (50,535) (64,244)
Proceeds from sale of property, plant and equipment 163 840 1,285
Acquisition of businesses, net of cash acquired 0 (142,414) (12,486)
Other 4,971 (2,000) (844)
Net cash used in investing activities (33,169) (194,109) (76,289)
Cash flows from financing activities:      
Proceeds from long-term debt 9,414 165,734 186,635
Repayment of long-term debt (298,830) (319,550) (254,473)
Repayment of capital lease obligations (6,624)    
Repayment of capital lease obligations   (7,605) (4,859)
Payment of debt issuance costs 0 0 (1,742)
Issuance of common shares 31,780 50,853 26,020
Purchase of treasury shares (60,970) (52,614) (120,510)
Dividends paid (97,683) (88,347) (82,145)
Net cash used in financing activities (422,913) (251,529) (251,074)
Effect of exchange rate changes on cash 1,834 346 (44)
Increase in cash and cash equivalents 91,679 57,129 55,486
Cash and cash equivalents at beginning of year 208,293 151,164 95,678
Cash and cash equivalents at end of year $ 299,972 $ 208,293 $ 151,164