Leases (Tables)

12 Months Ended

Oct. 31, 2020

Leases [Abstract]

Lease, cost

The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases (in thousands):

Fiscal Year Ended October 31	2020
Operating lease expense	$	19,637
Short-term lease expense	2,949
Variable lease expense	134
Total lease expense	$	22,720

The following table presents supplemental cash flow information related to the company's operating leases (in thousands):

Fiscal Year Ended October 31	2020
Operating cash flows for amounts included in the measurement of lease liabilities	$	17,762
Right-of-use assets obtained in exchange for lease obligations	$	22,667

The following table presents other lease information related to the company's operating leases as of October 31, 2020:

	October 31, 2020
Weighted-average remaining lease term of operating leases in years	7.1
Weighted-average discount rate of operating leases	2.79	%

Lessee, operating lease, liability, maturity

The following table reconciles the total undiscounted future cash flows based on the anticipated future minimum operating lease payments by fiscal year for the company's operating leases to the present value of operating lease liabilities recorded within the Consolidated Balance Sheets as of October 31, 2020 (in thousands):

	October 31, 2020
2021	$	18,077
2022	15,391
2023	12,293
2024	10,936
2025	9,919
Thereafter	23,604
Total future minimum operating lease payments	90,220
Less: imputed interest	8,132
Present value of operating lease liabilities	$	82,088

Schedule of future minimum rental payments for operating leases

The following table presents future minimum operating lease payments by respective fiscal year for non-cancelable operating leases under the legacy lease accounting guidance at ASC Topic 840, Leases, as of October 31, 2019 (in thousands):

	October 31, 2019
2020	$	17,135
2021	15,764
2022	12,806
2023	9,772
2024	8,863
Thereafter	18,732
Total future minimum lease payments	$	83,072