Leases (Tables)

12 Months Ended

Oct. 31, 2024

Leases [Abstract]

Lease Cost and Additional Lease Information

Additional lease information is summarized below for the twelve months ended October 31:

	October 31, 2024				October 31, 2023
	Finance Leases		Operating Leases		Finance Leases		Operating Leases
Amortization of right of use assets	$	5,978			$	5,926
Interest	505				357
Lease cost (1)	6,483		$	20,133	6,283		$	19,662
Short-term and variable lease cost (1)	3,019		2,908		2,338		1,989
Total lease cost	$	9,502	$	23,041	$	8,621	$	21,651

(1) Lease costs are recorded in both Cost of sales and Selling and administrative expenses on the Consolidated Statements of Income.

Supplemental cash flow information is summarized below for the twelve months ended October 31, 2024:

	Finance Leases		Operating Leases
Cash outflows for leases	$	6,148	$	20,754
Weighted average remaining lease term (years)	6.70		8.06
Weighted average discount rate	3.08%		2.09%

Finance Lease, Liability, Fiscal Year Maturity

The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2024. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet.

Year:	Finance Leases		Operating Leases
2025	$	5,713	$	18,784
2026	4,316		17,651
2027	2,957		14,164
2028	1,385		11,379
2029	469		10,062
Later years	4,175		34,646
Total minimum lease payments	19,015		106,686
Amounts representing interest	1,670		8,805
Present value of minimum lease payments	$	17,345	$	97,881

Lessee, Operating Lease, Liability, Maturity

The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2024. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet.

Year:	Finance Leases		Operating Leases
2025	$	5,713	$	18,784
2026	4,316		17,651
2027	2,957		14,164
2028	1,385		11,379
2029	469		10,062
Later years	4,175		34,646
Total minimum lease payments	19,015		106,686
Amounts representing interest	1,670		8,805
Present value of minimum lease payments	$	17,345	$	97,881