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Property, Plant and Equipment
9 Months Ended
Jul. 31, 2023
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

Note 5. Property, Plant and Equipment

Property, plant and equipment consisted of the following:

 

 

 

July 31,
2023

 

 

October 31,
2022

 

Land & land improvements

 

$

18.8

 

 

$

18.6

 

Buildings & improvements

 

 

109.5

 

 

 

105.4

 

Machinery & equipment

 

 

101.1

 

 

 

95.4

 

Rental & used vehicles

 

 

2.1

 

 

 

2.1

 

Computer hardware & software

 

 

62.4

 

 

 

60.6

 

Office furniture & fixtures

 

 

5.3

 

 

 

5.0

 

Construction in process

 

 

13.1

 

 

 

6.6

 

 

 

312.3

 

 

 

293.7

 

Less: accumulated depreciation

 

 

(159.7

)

 

 

(144.8

)

Total property, plant and equipment, net

 

$

152.6

 

 

$

148.9

 

Depreciation expense was $5.7 million and $5.6 million for the three months ended July 31, 2023, and July 31, 2022, respectively, and $16.7 million and $19.5 million for the nine months ended July 31, 2023, and July 31, 2022, respectively.