Notes Payable

12 Months Ended

Oct. 31, 2014

Debt Disclosure [Abstract]

Notes Payable

Note 8 — Notes payable

Bank lines of credit and notes payable are summarized as follows:

	2014			2013
Maximum borrowings under bank lines of credit:
Domestic banks	$	100,000		$	—
Foreign banks		48,619			83,191
Total	$	148,619		$	83,191
Outstanding notes payable:
Domestic bank debt	$	100,000		$	—
Foreign bank debt		6,181			3,604
Total	$	106,181		$	3,604
Weighted-average interest rate on notes payable		1.0	%		2.0	%
Unused bank lines of credit	$	42,438		$	79,587

In 2014, we entered into a 364-day, $100,000 unsecured credit facility with PNC Bank. We borrowed $100,000 under this facility to partially fund the Avalon acquisition.