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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
9 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Operating activities    
Net income $ 76,165 $ 104,629
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 97,829 81,549
Amortization of share-based compensation 9,661 13,697
Live inventory adjustment (9,600) 0
Provision for losses (recoveries) on accounts receivable (2,000) 0
Deferred income taxes 21,000 (23,862)
Change in assets and liabilities:    
Accounts receivable - trade (8,294) 7,947
Accounts receivable - insurance 1,494 0
Income taxes 25,719 (32,915)
Inventories (56,590) (29,291)
Prepaid expenses and other assets (17,729) (5,539)
Accounts payable 5,330 17,249
Accrued expenses and other liabilities 9,099 (29,559)
Total adjustments 75,919 (724)
Net cash provided by operating activities 152,084 103,905
Investing activities    
Capital expenditures (210,878) (216,587)
Net proceeds from sale of property and equipment 1,535 892
Net cash used in investing activities (209,343) (215,695)
Financing activities    
Payment of debt issuance costs (2,225) 0
Borrowings from revolving line of credit 100,000 0
Repayments of Lines of Credit 70,000 0
Proceeds from issuance of restricted stock under stock compensation plans 708 1,119
Payments from issuance of common stock under stock compensation plans (3,976) (5,717)
Dividends paid (14,179) (14,613)
Net cash provided by (used in) financing activities 10,328 (19,211)
Net change in cash and cash equivalents (46,931) (131,001)
Cash and cash equivalents at beginning of period 121,193 419,285
Cash and cash equivalents at end of period 74,262 288,284
Supplemental disclosure of non-cash investing and financing activities:    
Capital expenditures included in accounts payable 5,659 13,033
Dividends payable $ 7,089 $ 7,308