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COMMITMENTS AND CONTINGENCIES
 9 Months Ended
Jul. 31, 2024
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block] COMMITMENTS AND CONTINGENCIES
Guarantees

As of July 31, 2024, the Company has arranged for standby letters of credit aggregating $9.9 million, which are supported by its revolving credit facility and principally pertain to performance guarantees related to customer contracts entered into by certain of the Company's subsidiaries as well as payment guarantees related to potential workers' compensation claims.

Product Warranty

Changes in the Company’s product warranty liability for the nine months ended July 31, 2024 and 2023, respectively, are as follows (in thousands):
Nine months ended July 31,
20242023
Balances as of beginning of fiscal year$3,847 $3,296 
Accruals for warranties2,244 1,812 
Acquired warranty liabilities 245 (85)
Warranty claims settled(2,119)(1,699)
Balances as of July 31$4,217 $3,324 

Litigation

The Company is involved in various legal actions arising in the normal course of business. Based upon the Company’s and its legal counsel’s evaluations of any claims or assessments, management is of the opinion that the outcome of these matters will not have a material adverse effect on the Company’s results of operations, financial position or cash flows.