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Leases (Tables)

12 Months Ended

Oct. 31, 2022

Leases

Schedule of lease-related assets and liabilities and cost

The following table presents the lease-related assets and liabilities recorded on the balance sheet as of October 31, 2022 and 2021 (in thousands):

​

​	​	​	​	​	​	​	​
​	​	​	October 31,			October 31,
​	​	​	2022			2021
​	​	​	​	​	​	​	​
Assets			​		​	​
Non-current assets:			​		​	​
Operating lease assets	Operating lease right-of-use assets	​	$	54,518	​	$	59,842
Finance lease assets	Property, plant and equipment, net	​		5,721	​		6,907
​	​	​	$	60,239	​	$	66,749
Liabilities		​			​
Current liabilities:		​			​
Operating	Current portion of operating leases	​	$	6,925	​	$	6,817
Finance	Current portion of long-term obligations and finance leases	​		1,574	​		1,587
Long-term obligations		​			​
Operating	Long-term operating leases, less current portion	​		52,140	​		57,561
Finance	Long-term obligations and finance leases, less current portion	​		4,447	​		5,553
​	​	​	$	65,086	​	$	71,518

​

​	​	​	​	​	​	​
Weighted-average remaining lease term:		Fiscal 2022		​	Fiscal 2021
Operating leases		9.3 years	​	​	10.1 years	​
Finance leases		6.9 years	​	​	7.1 years	​
​	​	​	​	​	​	​
Weighted-average discount rate:			​	​		​
Operating leases		2.87	%	​	2.80	%
Finance leases		3.62	%	​	3.20	%

​

Lease Costs

​

The following table presents certain information related to the lease costs for finance and operating leases for the year ended October 31, 2022 and 2021 (in thousands):

​

​	​	​	​	​	​	​
​		Year ended		​	Year ended
​		October 31, 2022		​	October 31, 2021
Amortization of financing lease assets		$	1,756	​	$	1,799
Operating lease cost	​	​	8,733	​	​	9,152
Short-term lease cost	​	​	2,483	​	​	2,981
Sublease income	​	​	(30)	​	​	(704)
Variable lease cost	​	​	133	​	​	275
Interest on financing lease liabilities	​	​	213	​	​	235
Total lease cost	​	$	13,288	​	$	13,738

​

Other Information

​

The following table presents supplemental cash flow information related to the leases for the year ended October 31, 2022 and 2021 (in thousands):

​

​	​	​	​	​	​	​
​		Year ended		​	Year ended
Cash paid for amounts included in the measurement of lease liabilities		October 31, 2022		​	October 31, 2021
Operating cash flows for operating leases		$	7,012	​	$	7,200
Financing cash flows for finance leases	​	​	1,683	​	​	1,672
Operating cash flows for finance leases	​	​	213	​	​	235

​

Schedule of undiscounted cash flows of operating lease

The following table reconciles the undiscounted cash flows for each of the first five years and total remaining years to the finance lease liabilities and operating lease liabilities recorded on the balance sheet as of October 31, 2022 (in thousands):

​

​	​	​	​	​	​	​
​		Operating			Finance
​		Leases			Leases
2023		$	8,494		$	1,778
2024	​	​	8,311	​	​	1,280
2025	​	​	7,212	​	​	786
2026	​	​	6,737	​	​	495
2027	​	​	6,348	​	​	371
Thereafter	​	​	30,411	​	​	2,162
Total lease payments	​	​	67,513	​	​	6,872
Less: imputed interest	​	​	8,448	​	​	851
Total lease liability		$	59,065		$	6,021

Schedule of undiscounted cash flows of finance lease

​

​	​	​	​	​	​	​
​		Operating			Finance
​		Leases			Leases
2023		$	8,494		$	1,778
2024	​	​	8,311	​	​	1,280
2025	​	​	7,212	​	​	786
2026	​	​	6,737	​	​	495
2027	​	​	6,348	​	​	371
Thereafter	​	​	30,411	​	​	2,162
Total lease payments	​	​	67,513	​	​	6,872
Less: imputed interest	​	​	8,448	​	​	851
Total lease liability		$	59,065		$	6,021

X

- Definition

Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 4
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980

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- References

No definition available.

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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 842
-SubTopic 20
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980

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