XML 18 R5.htm IDEA: XBRL DOCUMENT v3.6.0.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2017
Jan. 31, 2016
Operating activities    
Net income $ 23,173 $ 10,681
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 22,641 19,871
Non-cash stock compensation 5,685 2,722
Deferred income taxes 11,927 29,735
Change in assets and liabilities:    
Accounts receivable, net 8,715 (6,971)
Income taxes (21,563) (25,846)
Inventories (16,047) (11,019)
Prepaid expenses and other assets (3,194) (2,226)
Accounts payable 13,871 6,292
Accrued expenses and other liabilities (7,939) (43,551)
Total adjustments 14,096 (30,993)
Net cash provided by (used in) operating activities 37,269 (20,312)
Investing activities    
Capital expenditures (46,265) (22,953)
Net proceeds from sale of property and equipment 302 3
Net cash used in investing activities (45,963) (22,950)
Financing activities    
Proceeds from issuance of restricted stock under stock compensation plans 187 484
Payments from issuance of common stock under stock compensation plans (1,966) (2,686)
Tax benefit on vesting of restricted stock grants 2,183 3,910
Net cash provided by financing activities 404 1,708
Net change in cash and cash equivalents (8,290) (41,554)
Cash and cash equivalents at beginning of period 234,111 196,659
Cash and cash equivalents at end of period 225,821 155,105
Supplemental disclosure of non-cash financing activity:    
Dividends payable $ (5,458) $ (4,966)