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Leases

12 Months Ended

Oct. 31, 2019

Note 10 — Leases

We have lease commitments expiring at various dates, principally for manufacturing, warehouse and office space, automobiles and office equipment. Many leases contain renewal options and some contain purchase options and residual guarantees.

Rent expense for all operating leases was approximately $22,061, $19,131 and $17,938 in 2019, 2018 and 2017, respectively.

Amortization of assets recorded under capital leases is recorded in depreciation expense.

Assets held under capitalized leases and included in property, plant and equipment are as follows:

	2019			2018
Transportation equipment	$	21,602		$	18,226
Other		7,926			7,892
Total capitalized leases		29,528			26,118
Accumulated amortization		(14,940	)		(12,956	)
Net capitalized leases	$	14,588		$	13,162

At October 31, 2019, future minimum lease payments under non-cancelable capitalized (which include executory and interest costs) and operating leases are as follows:

	Capitalized Leases		Operating Leases
Year:
2020	$	5,685	$	20,194
2021		3,832		17,579
2022		1,893		16,238
2023		952		13,540
2024		647		11,925
Later years		3,562		60,672
Total minimum lease payments	$	16,571	$	140,148