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Condensed Consolidated Statements of Cash Flows (UNAUDITED) - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2020
Jul. 31, 2019
Cash flows from operating activities:    
Net income $ 231,064 $ 234,418
Depreciation and amortization 84,164 83,331
Non-cash stock compensation 9,005 13,019
Deferred income taxes (6,402) (1,828)
Other non-cash expense 5,874 2,455
Loss on sale of property, plant and equipment 274 1,053
Changes in operating assets and liabilities (14,021) (96,017)
Net cash provided by operating activities 309,958 236,431
Cash flows from investing activities:    
Additions to property, plant and equipment (36,096) (46,002)
Proceeds from sale of property, plant and equipment 164 1,037
Equity investments (2,000) (844)
Acquisition of businesses, net of cash acquired (125,260) (12,110)
Net cash used in investing activities (163,192) (57,919)
Cash flows from financing activities:    
Proceeds from long-term debt 165,734 184,892
Repayment of long-term debt (163,994) (148,883)
Repayment of finance lease obligations (5,814) (4,442)
Issuance of common shares 46,304 17,275
Purchase of treasury shares (51,897) (118,124)
Dividends paid (65,737) (60,325)
Net cash used in financing activities (75,404) (129,607)
Effect of exchange rate changes on cash (743) 3,262
Increase in cash and cash equivalents 70,619 52,167
Cash and cash equivalents:    
Beginning of year 151,164 95,678
End of period $ 221,783 $ 147,845