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Leases (Tables) | 12 Months Ended
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Oct. 31, 2023
Leases [Abstract] |
Lease Cost and Additional Lease Information | Additional lease information is summarized below for the twelve months ended October 31:
| October 31, 2023 |  | October 31, 2022
| Finance Leases |  | Operating Leases |  | Finance Leases |  | Operating Leases
Amortization of right of use assets | $ | 5,926 |  |  |  |  | $ | 6,388 |  |  |
Interest | 357 |  |  |  |  | 374 |  |  |
Lease cost (1) | 6,283 |  |  | $ | 19,662 |  |  | 6,762 |  |  | $ | 20,354 |
Short-term and variable lease cost (1) | 2,338 |  |  | 1,989 |  |  | 1,876 |  |  | 1,611 |
Total lease cost | $ | 8,621 |  |  | $ | 21,651 |  |  | $ | 8,638 |  |  | $ | 21,965 |
(1) Lease costs are recorded in both Cost of sales and Selling and administrative expenses on the Consolidated Statements of Income. Supplemental cash flow information is summarized below for the twelve months ended October 31, 2023:
| Finance Leases |  | Operating Leases
Cash outflows for leases | $ | 6,840 |  | $ | 19,783
Weighted average remaining lease term (years) | 7.39 |  | 8.76
Weighted average discount rate | 2.85% |  | 1.97%
Finance Lease, Liability, Fiscal Year Maturity | The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2023. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet.
Year: |  | Finance Leases |  | Operating Leases
2024 |  | $ | 4,918 |  |  | $ | 16,853 |
2025 |  | 3,740 |  |  | 14,715 |
2026 |  | 2,315 |  |  | 13,726 |
2027 |  | 1,138 |  |  | 11,263 |
2028 |  | 495 |  |  | 9,909 |
Later years |  | 5,743 |  |  | 52,851 |
Total minimum lease payments |  | 18,349 |  |  | 119,317 |
Amounts representing interest |  | 1,761 |  |  | 10,052 |
Present value of minimum lease payments |  | $ | 16,588 |  |  | $ | 109,265 |
Lessee, Operating Lease, Liability, Maturity | The following table reconciles the undiscounted cash flows for five years and thereafter to the operating and finance lease liabilities recognized on the Consolidated Balance Sheet as of October 31, 2023. The reconciliation excludes short-term leases that are not recognized on the Consolidated Balance Sheet.
Year: |  | Finance Leases |  | Operating Leases
2024 |  | $ | 4,918 |  |  | $ | 16,853 |
2025 |  | 3,740 |  |  | 14,715 |
2026 |  | 2,315 |  |  | 13,726 |
2027 |  | 1,138 |  |  | 11,263 |
2028 |  | 495 |  |  | 9,909 |
Later years |  | 5,743 |  |  | 52,851 |
Total minimum lease payments |  | 18,349 |  |  | 119,317 |
Amounts representing interest |  | 1,761 |  |  | 10,052 |
Present value of minimum lease payments |  | $ | 16,588 |  |  | $ | 109,265 |

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- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-4 + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org//1943274/2147478964/842-20-50-6 + Details
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