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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2016
Cash flows from operating activities:      
Net earnings $ 271,939 $ 267,717 $ 230,994
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (11,143) (9,960) (9,588)
Distributions from finance affiliate, net 9,228 8,050 9,848
Provision for depreciation and amortization 61,277 64,986 64,097
Stock-based compensation expense 12,161 13,517 10,637
Deferred income taxes 25,255 (6,887) 10,075
Other 507 202 (464)
Changes in operating assets and liabilities, net of effect of acquisitions:      
Receivables, net (10,365) (17,701) 15,785
Inventories, net (29,770) (15,611) 23,192
Prepaid expenses and other assets (11,744) (3,424) (905)
Accounts payable, accrued liabilities, deferred revenue and other long-term liabilities 47,460 59,859 30,614
Net cash provided by operating activities 364,805 360,748 384,285
Cash flows from investing activities:      
Purchases of property, plant and equipment (90,124) (58,276) (50,723)
Proceeds from asset disposals 151 199 310
Proceeds from sale of a business 0 0 1,500
Investments in unconsolidated entities (6,750) (1,500) 0
Acquisitions, net of cash acquired (31,202) (24,181) 0
Net cash used in investing activities (127,925) (83,758) (48,913)
Cash flows from financing activities:      
Short-term debt repayments, net 0 0 (1,161)
Payments on long-term debt (19,757) (19,136) (24,107)
Proceeds from exercise of stock options 17,243 10,274 20,226
Payments of withholding taxes for stock awards (4,095) (1,294) (2,013)
Purchases of Toro common stock (160,435) (159,354) (109,986)
Dividends paid on Toro common stock (85,031) (75,758) (65,890)
Net cash used in financing activities (252,075) (245,268) (182,931)
Effect of exchange rates on cash and cash equivalents (5,937) 4,979 (5,161)
Net (decrease) increase in cash and cash equivalents (21,132) 36,701 147,280
Cash and cash equivalents as of the beginning of the fiscal period 310,256 273,555 126,275
Cash and cash equivalents as of the end of the fiscal period 289,124 310,256 273,555
Cash paid during the fiscal year for:      
Interest 19,979 19,457 19,883
Income taxes $ 75,805 $ 97,057 $ 82,225