|
Six Months Ended
|
||||||||
|
April 30,
2023
|
May 1,
2022
|
|||||||
|
Cash flows from operating activities:
|
||||||||
|
Net income
|
$
|
88,223
|
$
|
74,755
|
||||
|
Adjustments to reconcile net income to net cash provided by operating activities:
|
||||||||
|
Depreciation and amortization
|
39,085
|
41,405
|
||||||
|
Share-based compensation
|
3,830
|
3,041
|
||||||
|
Changes in operating assets, liabilities and other
|
(21,461
|
)
|
(15,912
|
)
|
||||
|
|
||||||||
|
Net cash provided by operating activities
|
109,677
|
103,289
|
||||||
|
|
||||||||
|
Cash flows from investing activities:
|
||||||||
|
Purchases of property, plant and equipment
|
(57,728
|
)
|
(34,809
|
)
|
||||
|
Purchases of available-for-sale debt securities
|
(9,837
|
)
|
0
|
|||||
|
Proceeds from maturity of available-for-sale debt securities
|
4,000
|
0
|
||||||
|
Government incentives
|
1,393
|
1,394
|
||||||
|
Other
|
(88
|
)
|
(199
|
)
|
||||
|
|
||||||||
|
Net cash used in investing activities
|
(62,260
|
)
|
(33,614
|
)
|
||||
|
|
||||||||
|
Cash flows from financing activities:
|
||||||||
|
Repayments of debt
|
(14,720
|
)
|
(27,571
|
)
|
||||
|
Purchases of treasury stock
|
-
|
(2,522
|
)
|
|||||
|
Contributions from noncontrolling interest
|
-
|
24,995
|
||||||
|
Proceeds from share-based arrangements
|
730
|
4,384
|
||||||
|
Net settlements of restricted stock awards
|
(1,252
|
)
|
(1,452
|
)
|
||||
|
|
||||||||
|
Net cash used in financing activities
|
(15,242
|
)
|
(2,166
|
)
|
||||
|
|
||||||||
|
Effects of exchange rate changes on cash, cash equivalents, and restricted cash
|
15,621
|
(14,917
|
)
|
|||||
|
|
||||||||
|
Net increase in cash, cash equivalents, and restricted cash
|
47,796
|
52,592
|
||||||
|
Cash, cash equivalents, and restricted cash, beginning of period
|
322,409
|
279,680
|
||||||
|
|
||||||||
|
Cash, cash equivalents, and restricted cash, end of period
|
$
|
370,205
|
$
|
332,272
|
||||