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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2017
Cash flows from operating activities:      
Net income $ 337,091 $ 377,375 $ 295,802
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 55,454 52,959 45,947
Amortization 54,790 55,448 44,907
Provision for losses on receivables 2,254 1,185 4,030
Deferred income taxes (1,018) (33,949) (472)
Non-cash stock compensation 18,086 21,550 20,168
Loss on sale of property, plant and equipment 953 830 188
Other non-cash (669) 1,359 2,770
Changes in operating assets and liabilities:      
Receivables (39,992) 10,236 (46,152)
Inventories (23,117) 5,532 (19,667)
Prepaid expenses (2,024) (4,046) 4,737
Other assets (74) 320 (3,429)
Accounts payable 654 (2,671) 4,805
Income taxes payable (3,832) (2,718) 7,522
Accrued liabilities (14,027) 2,134 (5,629)
Customer advance payments 2,193 5,047 5,163
Other liabilities (4,325) 18,402 2,266
Other 496 (4,355) (6,204)
Net cash provided by operating activities 382,893 504,638 356,752
Cash flows from investing activities:      
Additions to property, plant and equipment (64,244) (89,790) (71,558)
Proceeds from sale of property, plant and equipment 1,285 458 4,007
Acquisition of businesses, net of cash acquired (12,486) (50,586) (805,943)
Equity investments (844)   (4,470)
Net cash used in investing activities (76,289) (139,918) (877,964)
Cash flows from financing activities:      
Proceeds from short-term borrowings   996 6,017
Repayment of short-term borrowings   (1,006) (8,149)
Proceeds from long-term debt 186,635 585,661 841,536
Repayment of long-term debt (254,473) (854,538) (237,183)
Repayment of capital lease obligations (4,859) (5,333) (5,287)
Payment of debt issuance costs (1,742) (1,826) (3,214)
Issuance of common shares 26,020 18,811 14,086
Purchase of treasury shares (120,510) (24,012) (3,216)
Dividends paid (82,145) (72,443) (63,840)
Net cash provided by (used in) financing activities (251,074) (353,690) 540,750
Effect of exchange rate changes on cash (44) (5,735) 3,606
Increase in cash and cash equivalents 55,486 5,295 23,144
Cash and cash equivalents at beginning of year 95,678 90,383 67,239
Cash and cash equivalents at end of year $ 151,164 $ 95,678 $ 90,383