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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2018
Cash flows from operating activities:      
Net earnings $ 329,701 $ 273,983 $ 271,939
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Non-cash income from finance affiliate (7,663) (11,948) (11,143)
Proceeds from Equity Method Investment, Distribution 12,066 10,343 9,228
Depreciation of property, plant and equipment 76,108 69,314 53,484
Amortization of other intangible assets 19,507 18,384 7,793
Fair value step-up adjustment to acquired inventory 3,951 39,368 0
Stock-based compensation expense 15,408 13,429 12,161
Deferred income taxes 2,269 (6,190) 25,255
Other 492 6,357 507
Changes in operating assets and liabilities, net of the effect of acquisitions:      
Receivables, net 15,206 (11,042) (10,365)
Inventories, net 20,963 (104,832) (29,770)
Prepaid expenses and other assets 11,828 9,747 (11,744)
Accounts payable, accrued liabilities, deferred revenue and other liabilities 39,538 30,458 47,460
Net cash provided by operating activities 539,374 337,371 364,805
Cash flows from investing activities:      
Purchases of property, plant and equipment (78,068) (92,881) (90,124)
Proceeds from asset disposals 216 4,669 151
Proceeds from sale of a business 0 12,941 0
Investments in unconsolidated entities 0 (200) (6,750)
Acquisitions, net of cash acquired (138,225) (697,471) (31,202)
Net cash used in investing activities (216,077) (772,942) (127,925)
Cash flows from financing activities:      
Borrowings under debt arrangements 636,025 900,000 0
Repayments under debt arrangements (546,025) (511,000) (19,757)
Proceeds from exercise of stock options 22,198 29,336 17,243
Payments of withholding taxes for stock awards (2,146) (2,662) (4,095)
Purchases of TTC common stock 0 (20,043) (160,435)
Dividends paid on TTC common stock (107,698) (96,133) (85,031)
Net cash provided by (used in) financing activities 2,354 299,498 (252,075)
Effect of exchange rates on cash and cash equivalents 2,413 (1,223) (5,937)
Net increase (decrease) in cash and cash equivalents 328,064 (137,296) (21,132)
Cash and cash equivalents as of the beginning of the fiscal period 151,828 289,124 310,256
Cash and cash equivalents as of the end of the fiscal period 479,892 151,828 289,124
Cash paid during the fiscal year for:      
Interest 34,109 30,167 19,979
Income taxes $ 69,524 $ 54,738 $ 75,805