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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2024
Oct. 31, 2023
Oct. 31, 2022
Cash flows from operating activities:      
Net income $ 467,284 $ 487,493 $ 513,103
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 59,203 52,179 49,098
Amortization 76,972 59,719 50,825
Provision for losses on receivables 619 283 1,259
Deferred income taxes (18,557) (16,116) (10,732)
Non-cash stock compensation 18,957 22,710 30,748
Loss (gain) on sale of property, plant and equipment 1,468 1,092 (581)
Pension settlement charge for U.S. Plans 0 0 41,221
Other non-cash 3,396 8,136 1,259
Changes in operating assets and liabilities:      
Receivables 13,988 18,185 (72,907)
Inventories 46,615 22,418 (69,132)
Prepaid expenses (4,543) (14,677) (1,708)
Accounts payable (38,591) (15,820) 10,671
Income taxes payable (19,385) 17,722 6,155
Accrued liabilities 8,187 (28,620) 925
Customer advance payments (48,425) (2,779) 18,682
Other (10,995) 29,357 (55,755)
Net cash provided by operating activities 556,193 641,282 513,131
Cash flows from investing activities:      
Additions to property, plant and equipment (64,410) (34,583) (51,428)
Proceeds from sale of property, plant and equipment 75 101 280
Acquisition of businesses, net of cash acquired (789,996) (1,422,780) (171,613)
Other 9,933 20,383 0
Net cash used in investing activities (844,398) (1,436,879) (222,761)
Cash flows from financing activities:      
Proceeds from issuance of debt 783,039 2,178,596 63,067
Repayment of debt (318,686) (1,202,553) (96,975)
Repayment of capital lease obligations (6,148)    
Repayment of capital lease obligations   (6,840) (5,439)
Issuance of common shares 31,067 21,373 12,124
Purchase of treasury shares (33,339) (89,708) (262,869)
Dividends paid (161,438) (150,356) (125,914)
Net cash provided (used) in financing activities 294,495 750,512 (416,006)
Effect of exchange rate changes on cash (6,017) (2,693) (10,879)
Increase (decrease) in cash and cash equivalents 273 (47,778) (136,515)
Cash and cash equivalents at beginning of year 115,679 163,457 299,972
Cash and cash equivalents at end of year $ 115,952 $ 115,679 $ 163,457