Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Cash Flows (Unaudited)

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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
 6 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Net income (loss) $ (780) $ 12,063
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Non-cash operating lease expense 2,567 2,317
Foreign currency adjustments (451) (1,106)
Depreciation 20,565 19,523
Deferred income taxes (590) 1,128
Amortization of deferred financing costs 890 957
Amortization of intangible assets 7,771 9,647
Stock-based compensation expense 1,273 2,204
Change in fair value of warrant liabilities (130) (5,728)
Net gain on the sale of property, plant and equipment (1,147) (640)
Other operating activities 65 (70)
Net changes in operating assets and liabilities:    
Receivables 6,279 867
Inventory 612 (681)
Other operating assets (2,420) (3,216)
Accounts payable (1,218) (1,112)
Other operating liabilities (3,841) (5,061)
Net cash provided by operating activities 29,445 31,092
Cash flows from investing activities:    
Purchases of property, plant and equipment (28,817) (34,745)
Proceeds from sale of property, plant and equipment 5,236 4,416
Purchases of intangible assets 0 (800)
Net cash used in investing activities (23,581) (31,129)
Cash flows from financing activities:    
Proceeds on revolving loan 167,611 174,504
Payments on revolving loan (170,138) (167,213)
Purchase of treasury stock (3,017) (8,285)
Other financing activities 1,409 (58)
Net cash used in financing activities (4,135) (1,052)
Effect of foreign currency exchange rate changes on cash 366 250
Net increase (decrease) in cash and cash equivalents 2,095 (839)
Cash and cash equivalents:    
Beginning of period 15,861 7,482
End of period $ 17,956 $ 6,643