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Leases (Tables)
6 Months Ended
Apr. 30, 2021
Leases [Abstract]  
Supplemental Cash Flow and Other Lease Information
The following table presents the lease expense incurred on the company’s operating, short-term, and variable leases:
Three Months EndedSix Months Ended
(Dollars in thousands)April 30, 2021May 1, 2020April 30, 2021May 1, 2020
Operating lease expense$5,117 $5,383 $10,091 $10,217 
Short-term lease expense857 646 1,437 1,328 
Variable lease expense33 59 50 96 
Total lease expense$6,007 $6,088 $11,578 $11,641 
The following table presents supplemental cash flow information related to the company's operating leases:
Six Months Ended
(Dollars in thousands)April 30, 2021May 1, 2020
Operating cash flows for amounts included in the measurement of lease liabilities$9,577 $10,266 
Right-of-use assets obtained in exchange for lease obligations$1,716 $17,042 
The following table presents other lease information related to the company's operating leases:
(Dollars in thousands)April 30, 2021May 1, 2020October 31, 2020
Weighted-average remaining lease term of operating leases in years6.87.47.1
Weighted-average discount rate of operating leases2.74 %2.81 %2.79 %
Future Minimum Operating Lease Payments
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 Condensed Consolidated Balance Sheets as of April 30, 2021:
(Dollars in thousands)April 30, 2021
2021 (remaining)$9,369 
202216,517 
202313,132 
202411,617 
202510,162 
Thereafter23,583 
Total future minimum operating lease payments84,380 
Less: imputed interest7,444 
Present value of operating lease liabilities$76,936