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FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Apr. 30, 2023

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The Company's assets and liabilities that were measured at fair value on a recurring basis are set forth by level within the fair value hierarchy in the following tables (in thousands):

						As of April 30, 2023
						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
Assets:
Deferred compensation plan:
Corporate-owned life insurance						$—						$229,241						$—						$229,241
Money market fund						7,677						—						—						7,677
Total assets						$7,677						$229,241						$—						$236,918
Liabilities:
Contingent consideration						$—						$—						$56,831						$56,831

						As of October 31, 2022
						Quoted Prices in Active Markets for Identical Assets (Level 1)						Significant Other Observable Inputs (Level 2)						Significant Unobservable Inputs (Level 3)						Total
Assets:
Deferred compensation plan:
Corporate-owned life insurance						$—						$201,239						$—						$201,239
Money market fund						3,477						—						—						3,477
Total assets						$3,477						$201,239						$—						$204,716
Liabilities:
Contingent consideration						$—						$—						$82,803						$82,803

Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]

The following unobservable inputs were used to derive the estimated fair value of the Company's Level 3 contingent consideration liabilities as of April 30, 2023 ($ in thousands):

												Unobservable												Weighted
Acquisition Date						Fair Value						Input						Range						Average (1)
9-1-2022						$6,296						Compound annual revenue growth rate						0% - 17%						13%
												Discount rate						7.6% - 7.6%						7.6%
7-18-2022						16,068						Compound annual revenue growth rate						2% - 9%						5%
												Discount rate						7.6% - 7.6%						7.6%
3-17-2022						6,513						Compound annual revenue growth rate						(3%) - 5%						0%
												Discount rate						6.6% - 6.6%						6.6%
8-18-2020						8,475						Compound annual revenue growth rate						15% - 24%						22%
												Discount rate						8.2% - 8.2%						8.2%
9-15-2017						19,479						Compound annual revenue growth rate						4% - 5%						5%
												Discount rate						6.3% - 6.3%						6.3%

(1)    Unobservable inputs were weighted by the relative fair value of the contingent consideration liability.

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

Changes in the Company’s contingent consideration liabilities measured at fair value on a recurring basis using unobservable inputs (Level 3) for the six months ended April 30, 2023 are as follows (in thousands):

						Liabilities
Balance as of October 31, 2022						$82,803
Payment of contingent consideration						(18,909)
Amendment and termination of contingent consideration agreement						(9,057)
Increase in accrued contingent consideration, net						1,843
Foreign currency transaction adjustments						151
Balance as of April 30, 2023						$56,831
Included in the accompanying Condensed Consolidated Balance Sheet  under the following captions:
Accrued expenses and other current liabilities						$19,479
Other long-term liabilities						37,352
						$56,831

X

- Definition

Tabular disclosure of input and valuation technique used to measure fair value and change in valuation approach and technique for each separate class of asset and liability measured on recurring and nonrecurring basis.

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-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (bbb)
-SubTopic 10
-Topic 820
-Publisher FASB
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- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (c)
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- Definition

Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482106/820-10-50-2

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