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CREDIT FACILITY (Tables) | 9 Months Ended
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Jul. 31, 2025
Debt Disclosure [Abstract] |
Schedule of Components of Debt |
(in millions) |  | July 31, 2025 |  | October 31, 2024
Current portion of long-term debt(1)(2) |  |  |  |
Gross term loan |  | $ | 30.0 |  |  | $ | 32.5 |
Unamortized deferred financing costs |  | (0.7) |  |  | (0.9) |
Current portion of term loan |  | $ | 29.3 |  |  | $ | 31.6 |
Long-term debt(1)(2) |  |  |  |
Gross term loan |  | $ | 562.5 |  |  | $ | 503.8 |
Unamortized deferred financing costs |  | (2.1) |  |  | (0.6) |
Total noncurrent portion of term loan |  | 560.4 |  |  | 503.2 |
Revolving line of credit(3) |  | 940.0 |  |  | 799.0 |
Long-term debt |  | $ | 1,500.4 |  |  | $ | 1,302.2 |
(1) At July 31, 2025, and October 31, 2024, the weighted average interest rate on all outstanding borrowings, not including letters of credit and swaps, was 6.09% and 6.68%, respectively. (2) At July 31, 2025, we had borrowing capacity of $621.7 million. (3) At July 31, 2025, standby letters of credit amounted to $29.7 million.
Schedule of Long-Term Debt Maturities | As of July 31, 2025, the following principal payments are required under the Amended Credit Facility:
(in millions) |  | 2025 |  | 2026 |  | 2027 |  | 2028 |  | 2029 |  | 2030
Debt maturities |  | $ | 7.5 |  |  | $ | 30.0 |  |  | $ | 30.0 |  |  | $ | 30.0 |  |  | $ | 30.0 |  |  | $ | 1,405.0 |
Schedule of Interest Rate Swaps |
Notional Amount |  | Fixed Interest Rate |  | Effective Date |  | Maturity Date
$100.0 million |  | 1.72% |  | February 9, 2022 |  | June 28, 2026
$150.0 million |  | 1.85% |  | February 25, 2022 |  | June 28, 2026
$100.0 million |  | 2.88% |  | May 4, 2022 |  | June 28, 2026
$161.9 million (1) |  | 2.83% |  | July 7, 2022 |  | June 28, 2026
$13.1 million (1) |  | 2.79% |  | July 18, 2022 |  | June 28, 2026
$170.0 million |  | 3.81% |  | November 1, 2022 |  | June 28, 2026
(1) In July 2022, we entered into interest rate swap agreements with notional values totaling $300.0 million at inception. The notional amount reduces to $100.0 million in October 2025 before maturing on June 28, 2026.

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