LEASES

12 Months Ended

Oct. 31, 2025

LEASES [Abstract]

LEASES

NOTE 11 - LEASES

The following table provides information on operating and finance leases included in the Company’s consolidated balance sheets.

Classification	October 31, 2025		October 31, 2024
ROU Assets – Operating Leases
Other assets	$	5,976	$	5,010
ROU Assets – Finance Leases
Property, plant and equipment, net	$	1	$	32,293
Lease Liabilities – Operating Leases
Accrued liabilities	$	1,975	$	1,925
Other liabilities		3,960		3,037
	$	5,935	$	4,962
Lease Liabilities – Finance Leases
Current portion of long-term debt	$	11	$	17,972
Long-term debt		13		25
	$	24	$	17,997

The following table presents future lease payments under noncancelable operating and finance leases as of October 31, 2025. Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.

Fiscal Year	Operating Leases			Finance Leases
2026	$	2,109			12
2027		1,686			12
2028		532			1
2029		216			-
2030 and thereafter		2,088			-
Total lease payments	$	6,631			25
Imputed interest		(696	)		(1	)
Lease liabilities	$	5,935			24

The following table presents lease costs for 2025, 2024, and 2023.

	Year Ended
	October 31,		October 31,		October 31,
	2025		2024		2023
Operating lease costs	$	2,348	$	2,255	$	2,278
Short-term lease costs	$	1,280	$	1,273	$	462
Variable lease costs	$	599	$	595	$	656
Interest on finance lease	$	2	$	330	$	426
Amortization of ROU assets	$	19	$	2,950	$	2,870

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

	October 31, 2025					October 31, 2024
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		8.1		3.1	%		2.8		3.2	%
Finance leases		2.1		5.9	%		0.2		1.5	%

The following table presents the effects of leases on the Company’s 2025, 2024, and 2023 consolidated statements of cash flows, and provides leases-related non-cash information for those years.

	Year Ended
	October 31,		October 31,		October 31,
	2025		2024		2023
Operating cash flows used for operating leases	$	2,341	$	2,241	$	2,271
Operating cash flows used for finance leases	$	2	$	330	$	429
Financing cash flows used for finance leases	$	11	$	6,621	$	6,521
ROU assets obtained in exchange for operating lease obligations	$	2,824	$	842	$	5,116