LEASES (Tables)

6 Months Ended

May 01, 2022

LEASES [Abstract]

Information on Operating and Finance Leases Included in Consolidated Balance Sheets

The following table provides information on operating and finance leases included in our consolidated balance sheets.

Classification	May 1, 2022		October 31, 2021
ROU Assets – Operating Leases
Other assets	$	4,191	$	5,581
ROU Assets – Finance Leases
Property, plant and equipment, net	$	39,405	$	40,827
Lease Liabilities – Operating Leases
Accrued liabilities	$	1,850	$	2,273
Other liabilities		2,280		3,246
	$	4,130	$	5,519
Lease Liabilities – Finance Leases
Current portion of long-term debt	$	6,901	$	7,289
Long-term debt		27,839		31,083
	$	34,740	$	38,372

Future Lease Payments under Noncancelable Operating and Finance Leases

The following table presents future lease payments under noncancelable operating and finance leases as of May 1, 2022. Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.

	Operating Leases			Finance Leases
Remainder of fiscal year 2022	$	1,092		$	3,947
2023		1,297			6,938
2024		773			6,938
2025		608			18,013
2026		373			-
Thereafter		144			-
Total lease payments		4,287			35,836
Imputed interest		(157	)		(1,096	)
Lease liabilities	$	4,130		$	34,740

Lease Costs

The following table presents lease costs for the three and six-month periods ended May 1, 2022, and May 2, 2021.

	Three Months Ended				Six Months Ended
	May 1, 2022		May 2, 2021		May 1, 2022		May 2, 2021
Operating lease costs	$	569	$	724	$	1,158	$	1,389
Short-term lease costs	$	142	$	39	$	263	$	86
Variable lease costs	$	153	$	157	$	276	$	301
Interest on finance lease liabilities	$	92	$	166	$	230	$	201
Amortization of ROU assets	$	711	$	455	$	1,421	$	455

Weighted-Average Lease Terms and Weighted-Average Discount Rates

The following table presents statistical information related to our operating and finance leases. The information presented is as of the balance sheet dates.

	May 1, 2022					October 31, 2021
Classification	Weighted-average remaining lease term (in years)		Weighted-average discount rate			Weighted-average remaining lease term (in years)		Weighted-average discount rate
Operating leases		3.3		2.4	%		3.5		2.4	%
Finance leases		2.7		1.5	%		3.3		1.5	%

Supplemental Cash Flow Information Related to Leases

The following table presents the effects of leases on our condensed consolidated statements of cash flows, and provides leases-related non-cash information for the periods presented.

	Three Months Ended				Six Months Ended
	May 1, 2022		May 2, 2021		May 1, 2022		May 2, 2021
Operating cash flows used for operating leases	$	589	$	627	$	1,150	$	1,229
Operating cash flows used for finance leases	$	134	$	166	$	277	$	201
Financing cash flows used for finance leases	$	1,601	$	864	$	3,632	$	864
ROU assets obtained in exchange for operating lease obligations	$	1	$	99	$	32	$	367
ROU assets obtained in exchange for finance lease obligations	$	-	$	7,200	$	-	$	42,672