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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Jul. 31, 2021
Jul. 31, 2020
Jul. 31, 2021
Jul. 31, 2020
Cash flows from operating activities:        
Net income (loss) $ 1,568 $ 2,162 $ 4,668 $ (2,658)
Adjustments to reconcile net income to net cash provided by (used for) operating activities, net of acquisitions:        
Provision for doubtful accounts (1) 290 226 417
Deferred income taxes 192 142 703 201
Equity in income of affiliates (33) (11) (69) (77)
Foreign currency (gain) loss 229 (1,603) (431) (36)
Unrealized (gain) loss on derivatives (163) 1,823 (306) 1,842
Depreciation and amortization 1,034 1,246 3,150 3,418
Stock-based compensation 699 640 2,079 1,419
Change in assets and liabilities, net of acquisitions:        
(Increase) decrease in accounts receivable 5,022 (3,409) (3,851) 11,595
(Increase) decrease in inventories (4,871) 3,665 2,483 (1,093)
(Increase) decrease in prepaid expenses 481 (487) (680) (5,055)
Increase (decrease) in accounts payable 4,200 1,190 13,542 (3,127)
Increase (decrease) in customer deposits (107) (200) 2,690 (174)
Increase (decrease) in accrued expenses (175) 631 694 (5,758)
Increase (decrease) in accrued income tax 216 (526) 432 (2,006)
Net change in derivative assets and liabilities 7 245 170 40
Other 216 (778) 948 1,237
Net cash provided by (used for) operating activities 8,514 5,020 26,448 185
Cash flows from investing activities:        
Proceeds from sale of property and equipment   1 3 128
Purchase of property and equipment (325) (89) (1,001) (478)
Software development costs (227) (236) (833) (692)
Other investments (28)   (210) 0
Net cash provided by (used for) investing activities (580) (324) (2,041) (1,042)
Cash flows from financing activities:        
Dividends paid (951) (875) (2,740) (2,568)
Taxes paid related to net settlement of restricted shares     (197) (498)
Proceeds from exercise of common stock options   67 0 67
Stock repurchases   (3,088) 0 (7,000)
Net cash provided by (used for) financing activities (951) (3,896) (2,937) (9,999)
Effect of exchange rate changes on cash and cash equivalents (400) 1,022 1,142 1,002
Net increase (decrease) in cash and cash equivalents 6,583 1,822 22,612 (9,854)
Cash and cash equivalents at beginning of year 73,888 45,267 57,859 56,943
Cash and cash equivalents at end of year $ 80,471 $ 47,089 $ 80,471 $ 47,089