XML 49 R38.htm IDEA: XBRL DOCUMENT v3.25.0.1
Leases (Tables)
3 Months Ended
Jan. 31, 2025
Leases [Abstract]  
Schedule of Lease, Cost
The components of our lease expense during the period presented are as follows:
Three Months Ended January 31,
20252024
(in thousands)
Operating lease expense (1)
$25,052 $22,234 
Variable lease expense (2)
6,760 5,627 
Total lease expense$31,812 $27,861 
(1) Operating lease expense includes immaterial amounts of short-term leases, net of sublease income.
(2) Variable lease expense includes payments to lessors that are not fixed or determinable at lease commencement date. These payments primarily consist of maintenance, property taxes, insurance and variable indexed based payments.
Supplemental cash flow information during the period presented is as follows:
Three Months Ended January 31,
20252024
(in thousands)
Cash paid for amounts included in the measurement of operating lease liabilities(1)
$24,925 $24,172 
ROU assets obtained in exchange for operating lease liabilities(2)
$8,848 $5,004 
(1) Cash paid for amounts included in the measurement of operating lease liabilities included cash from discontinued operations of $1.5 million during the three months ended January 31, 2024.
(2) ROU assets obtained in exchange for operating lease liabilities included ROU assets from discontinued operations of $0.1 million during the three months ended January 31, 2024.
Schedule of Lessee, Lease Term and Discount Rate
Lease term and discount rate information related to our operating leases as of the end of the period presented are as follows:
As of
January 31, 2025October 31, 2024
Weighted-average remaining lease term (in years)7.397.59
Weighted-average discount rate2.87 %2.86 %
Schedule of Lessee, Operating Lease, Liability, Maturity
The following table represents the maturities of our future lease payments due under operating leases as of January 31, 2025:
Lease Payments
Fiscal year(in thousands)
Remainder of fiscal 2025$86,521 
2026113,525 
2027110,515 
202894,352 
202987,014 
2030 and thereafter232,254 
Total future minimum lease payments
724,181 
Less: Imputed interest73,364 
Total lease liabilities
$650,817 
Schedule of Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity The lease receipts from owned facilities, including sublease income from other facilities leased by us, due to us as of January 31, 2025 are as follows:
Lease Receipts
Fiscal year(in thousands)
Remainder of fiscal 2025$18,415 
202625,333 
202726,452 
202827,246 
202928,063 
2030 and thereafter28,429 
Total$153,938