|
Year Ended
|
||||||||
|
October 31,
2022
|
October 31,
2021
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
179,242
|
$
|
78,816
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
80,330
|
90,396
|
||||||
|
Share-based compensation
|
6,308
|
5,348
|
||||||
|
Changes in operating assets, liabilities and other
|
9,307
|
(23,788
|
)
|
|||||
|
Net cash provided by operating activities
|
275,187
|
150,772
|
||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(112,338
|
)
|
(109,099
|
)
|
||||
|
Purchases of available-for-sale debt securities
|
(38,854
|
)
|
-
|
|||||
|
Government incentives
|
3,615
|
5,775
|
||||||
|
Other
|
(180
|
)
|
(170
|
)
|
||||
|
Net cash used in investing activities
|
(147,757
|
)
|
(103,494
|
)
|
||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of debt
|
(65,440
|
)
|
(20,352
|
)
|
||||
|
Purchases of treasury stock
|
(2,522
|
)
|
(48,249
|
)
|
||||
|
Contributions from noncontrolling interest
|
24,995
|
-
|
||||||
|
Dividends paid to noncontrolling interests
|
-
|
(9,597
|
)
|
|||||
|
Proceeds from share-based arrangements
|
5,749
|
3,874
|
||||||
|
Proceeds from long-term debt
|
-
|
20,858
|
||||||
|
Net settlements of restricted stock awards
|
(1,471
|
)
|
(437
|
)
|
||||
|
Net cash used in financing activities
|
(38,689
|
)
|
(53,903
|
)
|
||||
|
Effects of exchange rate changes on cash, cash equivalents, and restricted cash
|
(46,012
|
)
|
4,703
|
|||||
|
Net increase (decrease) in cash, cash equivalents, and restricted cash
|
42,729
|
(1,922
|
)
|
|||||
|
Cash, cash equivalents, and restricted cash, beginning of period
|
279,680
|
281,602
|
||||||
|
Cash, cash equivalents, and restricted cash, end of period
|
$
|
322,409
|
$
|
279,680
|
||||