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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2022
Jan. 31, 2021
Operating activities    
Net income $ 192,807 $ 9,478
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 43,523 40,566
Amortization of share-based compensation 8,406 2,671
Deferred income taxes 3,934 1,169
Gain on asset disposals (119) (48)
Change in assets and liabilities:    
Accounts receivable - trade (217) (20,165)
Accounts receivable - insurance 2,057 0
Income taxes 58,364 2,076
Inventories (16,495) (35,665)
Prepaid expenses and other assets (7,164) (4,191)
Right of use assets 4,126 3,891
Lease liabilities (4,126) (3,891)
Accounts payable 55,865 17,995
Accrued expenses and other liabilities (64,459) (4,455)
Total adjustments 83,695 (47)
Net cash provided by operating activities 276,502 9,431
Investing activities    
Capital expenditures (27,876) (36,859)
Net proceeds from sale of property and equipment 156 65
Net cash used in investing activities (27,720) (36,794)
Financing activities    
Borrowings from revolving line of credit 0 30,000
Proceeds from issuance of restricted stock under stock compensation plans 656 265
Payments from issuance of common stock under stock compensation plans (2,954) (1,873)
Net cash provided by (used in) financing activities (2,298) 28,392
Net change in cash and cash equivalents 246,484 1,029
Cash and cash equivalents at beginning of period 439,339 49,061
Cash and cash equivalents at end of period 685,823 50,090
Supplemental disclosure of non-cash investing and financing activities:    
Capital expenditures included in accounts payable 3,740 5,405
Dividends payable $ 9,823 $ 9,823