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LONG-TERM DEBT AND NOTE PAYABLE (Tables)
9 Months Ended
Jul. 31, 2016
Debt Disclosure [Abstract]  
Schedule Of Debt
Debt is comprised of the following (in thousands): 
 
July 31,
2016
 
November 1,
2015
Credit Agreement, due June 2019 (variable interest, at 4.25% on July 31, 2016 and November 1, 2015)
$
164,147

 
$
194,147

8.25% senior notes, due January 2023
250,000

 
250,000

Amended Asset-Based lending facility, due June 2019 (interest at 4.25% on July 31, 2016 and 4.00% on November 1, 2015)

 

Current portion of long-term debt

 

Total long-term debt, net
$
414,147

 
$
444,147

Debt Instrument Redemption
On or after January 15, 2018, the Company may redeem all or a part of the Notes at redemption prices (expressed as percentages of principal amount thereof) set forth below, plus accrued and unpaid interest, if any, to the applicable redemption date of the Notes, if redeemed during the 12-month period beginning on January 15 of the year as follows:

Year
 
Percentage
2018
 
106.188%
2019
 
104.125%
2020
 
102.063%
2021 and thereafter
 
100.000%