|
Year Ended
|
||||||||
|
October 31,
2021 |
October 31,
2020 |
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
78,816
|
$
|
40,343
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
90,396
|
93,814
|
||||||
|
Share-based compensation
|
5,348
|
4,927
|
||||||
|
Changes in operating assets, liabilities and other
|
(23,788
|
)
|
3,962
|
|||||
|
Net cash provided by operating activities
|
150,772
|
143,046
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(109,099
|
)
|
(70,815
|
)
|
||||
|
Government incentives
|
5,775
|
5,263
|
||||||
|
Purchases of intangible assets
|
(170
|
)
|
(159
|
)
|
||||
|
Net cash used in investing activities
|
(103,494
|
)
|
(65,711
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Proceeds from long-term debt
|
20,858
|
20,340
|
||||||
|
Purchases of treasury stock
|
(48,250
|
)
|
(34,394
|
)
|
||||
|
Repayments of debt
|
(20,352
|
)
|
(7,392
|
)
|
||||
|
Dividends paid to noncontrolling interests
|
(9,597
|
)
|
(16,151
|
)
|
||||
|
Proceeds from share-based arrangements
|
3,874
|
4,239
|
||||||
|
Contribution from noncontrolling interest
|
-
|
17,596
|
||||||
|
Net settlements of restricted stock awards
|
(436
|
)
|
(248
|
)
|
||||
|
Net cash used in financing activities
|
(53,903
|
)
|
(16,010
|
)
|
||||
|
Effect of exchange rate changes on cash, cash equivalents, and restricted cash
|
4,703
|
10,986
|
||||||
|
Net (decrease) increase in cash, cash equivalents, and restricted cash
|
(1,922
|
)
|
72,311
|
|||||
|
Cash, cash equivalents, and restricted cash, beginning of period
|
281,602
|
209,291
|
||||||
|
Cash, cash equivalents, and restricted cash, end of period
|
$
|
279,680
|
$
|
281,602
|
||||