Fair Value of Financial Instruments (Tables)

9 Months Ended

Jul. 31, 2012

Fair Value Measurements

The following table presents the fair value hierarchy, carrying amounts, and fair values of the Company’s financial instruments measured on a recurring basis and other select significant financial instruments as of July 31, 2012 and October 31, 2011:

		July 31, 2012				October 31, 2011
	Fair Value	Carrying		Fair		Carrying		Fair
(in thousands)	Hierarchy	Amount		Value		Amount		Value
Financial assets measured at fair value on a recurring basis
Assets held in funded deferred compensation plan	1	$	4,930	$	4,930	$	4,717	$	4,717
Investments in auction rate securities	3		16,704		16,704		15,670		15,670
			21,634		21,634		20,387		20,387
Other select financial asset
Cash and cash equivalents	1		21,650		21,650		26,467		26,467
Total		$	43,284	$	43,284	$	46,854	$	46,854
Financial liability measured at fair value on a recurring basis
Interest rate swap	2	$	249	$	249	$	253	$	253
Other select financial liability
Line of credit	2		252,000		252,000		300,000		300,000
Total		$	252,249	$	252,249	$	300,253	$	300,253