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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2022
Oct. 31, 2021
Oct. 31, 2020
Cash flows from operating activities:      
Net income $ 513,103 $ 454,368 $ 249,539
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 49,098 53,332 56,323
Amortization 50,825 50,551 56,979
Provision for losses on receivables 1,259 32 2,165
Deferred income taxes (10,732) 4,071 (13,956)
Non-cash stock compensation 30,748 22,757 12,856
Loss (gain) on sale of property, plant and equipment (581) 589 484
Impairment loss on assets held for sale 0 0 87,371
Pension settlement charge for U.S. Plans 41,221 0 0
Other non-cash 1,259 4,907 3,729
Changes in operating assets and liabilities:      
Receivables (72,907) (13,720) 50,098
Inventories (69,132) (50,584) 5,785
Prepaid expenses (1,708) (5,209) 1,978
Accounts payable 10,671 20,769 (10,673)
Income taxes payable 6,155 8,659 (7,816)
Accrued liabilities 925 32,929 6,360
Customer advance payments 18,682 36,167 (619)
Other (55,755) (73,691) 1,818
Net cash provided by operating activities 513,131 545,927 502,421
Cash flows from investing activities:      
Additions to property, plant and equipment (51,428) (38,303) (50,535)
Proceeds from sale of property, plant and equipment 280 163 840
Acquisition of businesses, net of cash acquired (171,613) 0 (142,414)
Other 0 4,971 (2,000)
Net cash used in investing activities (222,761) (33,169) (194,109)
Cash flows from financing activities:      
Proceeds from long-term debt 63,067 9,414 165,734
Repayment of long-term debt (96,975) (298,830) (319,550)
Repayment of capital lease obligations (5,439)    
Repayment of capital lease obligations   (6,624) (7,605)
Issuance of common shares 12,124 31,780 50,853
Purchase of treasury shares (262,869) (60,970) (52,614)
Dividends paid (125,914) (97,683) (88,347)
Net cash used in financing activities (416,006) (422,913) (251,529)
Effect of exchange rate changes on cash (10,879) 1,834 346
Increase (decrease) in cash and cash equivalents (136,515) 91,679 57,129
Cash and cash equivalents at beginning of year 299,972 208,293 151,164
Cash and cash equivalents at end of year $ 163,457 $ 299,972 $ 208,293