XML 23 R8.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Operating activities    
Net income (loss) $ (32,458) $ 22,803
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 75,474 62,379
Amortization of share-based compensation 5,173 5,907
Live inventory adjustment (net of prior period reversal) (2,800) (9,600)
Provision for losses (recoveries) on accounts receivable 0 (1,500)
Deferred income taxes 57,256 6,699
Gain (Loss) on Disposition of Assets 238 0
Change in assets and liabilities:    
Accounts receivable - trade (294) (3,457)
Accounts receivable - insurance 445 1,111
Income taxes (120,760) 27,363
Inventories (4,749) (35,817)
Prepaid expenses and other assets (6,242) (9,160)
Right of use assets 8,733 0
Lease liabilities (8,733) 0
Accounts payable (8,159) (10,738)
Accrued expenses and other liabilities (353) (6,193)
Total adjustments (4,771) 26,994
Net cash provided by (used in) operating activities (37,229) 49,797
Investing activities    
Capital expenditures (129,691) (162,268)
Net proceeds from sale of property and equipment 207 880
Net cash used in investing activities (129,484) (161,388)
Financing activities    
Payment of debt issuance costs 0 (2,225)
Borrowings from revolving line of credit 145,000 100,000
Proceeds from issuance of restricted stock under stock compensation plans 600 479
Payments from issuance of common stock under stock compensation plans (5,861) (3,829)
Dividends paid (7,113) (7,089)
Net cash provided by financing activities 132,626 87,336
Net change in cash and cash equivalents (34,087) (24,255)
Cash and cash equivalents at beginning of period 95,417 121,193
Cash and cash equivalents at end of period 61,330 96,938
Supplemental disclosure of non-cash investing and financing activities:    
Capital expenditures included in accounts payable 5,588 5,174
Dividends payable $ 7,117 $ 7,089