PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Oct. 31, 2022

PROPERTY, PLANT AND EQUIPMENT, NET [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 3 - PROPERTY, PLANT AND EQUIPMENT, NET

Presented below are the components of Property, plant and equipment, net at the balance sheet dates.

	October 31, 2022			October 31, 2021
Land	$	11,134		$	12,442
Buildings and improvements		168,024			181,922
Machinery and equipment		1,769,478			1,961,474
Leasehold improvements		18,802			21,751
Furniture, fixtures and office equipment		14,355			15,534
Construction in progress		90,846			35,009
		2,072,639			2,228,132
Accumulated depreciation and amortization		(1,428,766	)		(1,531,579	)
	$	643,873		$	696,553

Information on ROU assets resulting from finance leases, at the balance sheet dates, is presented below.

	October 31, 2022			October 31, 2021
Machinery and equipment	$	42,760		$	42,760
Accumulated amortization		(4,784	)		(1,933	)
	$	37,976		$	40,827

The following table presents depreciation expense (including the amortization of ROU assets) related to property, plant and equipment incurred during the reporting periods.

	Year Ended
	October 31, 2022		October 31, 2021		October 31, 2020
Depreciation expense	$	79,971	$	87,535	$	89,171

      In the third quarter of 2021, we recorded a $3.5 million gain on the trade-in of a lithography tool with a tool vendor as partial compensation for a more advanced tool.