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FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Oct. 31, 2024

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 October 31, 2024
						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						$—						$313,794						$—						$313,794
Money market fund						3,365						—						—						3,365
Total assets						$3,365						$313,794						$—						$317,159
Liabilities:
Contingent consideration						$—						$—						$30,207						$30,207

						As of October 31, 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						$—						$227,710						$—						$227,710
Money market fund						5,829						—						—						5,829
Total assets						$5,829						$227,710						$—						$233,539
Liabilities:
Contingent consideration						$—						$—						$71,136						$71,136

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 October 31, 2024:

Acquisition						Fair Value						Unobservable												Weighted
Date						(in thousands)						Input						Range						Average (1)
7-18-2022						$21,770						Compound annual revenue growth rate						3% - 10%						8%
												Discount rate						8.5% - 8.5%						8.5%
3-17-2022						—						Compound annual revenue growth rate						0% - 5%						3%

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

Fair Value, Assets 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) during fiscal 2024 and 2023 are as follows (in thousands):

			Liabilities
Balance as of October 31, 2022			$82,803
Payment of contingent consideration			(18,909)
Contingent consideration related to an acquisition			17,018
Amendment and termination of contingent consideration agreement			(9,057)
Decrease in accrued contingent consideration, net			(686)
Foreign currency transaction adjustments			(33)
Balance as of October 31, 2023			71,136
Payment of contingent consideration			(31,000)
Decrease in accrued contingent consideration, net			(9,884)
Foreign currency transaction adjustments			(45)
Balance as of October 31, 2024			$30,207
Included in the accompanying Consolidated Balance Sheet under the following captions:
Accrued expenses and other current liabilities			$8,437
Other long-term liabilities			21,770
			$30,207

Schedule of Impaired Intangible Assets

The aggregate fair value of these nonfinancial assets, which are classified within Level 3, and the related impairment loss recognized in fiscal 2024 are as follows (in thousands):

Carrying Amount

Impairment Loss

Fair Value (Level 3)

Asset:

Trade names

$11,500

($7,500)

$4,000

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques

The following unobservable inputs were used to derive the estimated fair value of the Level 3 trade names as of July 31, 2024 and October 31, 2024:

Unobservable Input						Range
Discount rate						15.0% - 20.5%
Royalty rate						1.0% - 2.5%

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