Quarterly report [Sections 13 or 15(d)]

Note 5 - Property, Plant and Equipment

v3.26.1
Note 5 - Property, Plant and Equipment
 6 Months Ended
Apr. 30, 2026
Notes to Financial Statements  
Property, Plant, and Equipment [Text Block]

Note 5. Property, Plant and Equipment

 

The significant components of property, plant and equipment as of April 30, 2026 and  October 31, 2025 are comprised of the following:

 

   

As of April 30,

    

As of October 31,

  

(in thousands)

  

2026

    

2025

  

Land, building and improvements

   $ 33,137     $ 32,874  

Machinery and equipment

     578,486       558,679  

Transportation equipment

     14,688       12,909  

Furniture and office equipment

     4,538       4,371  

Accumulated depreciation

     (210,868 )     (196,317 )

Property, plant and equipment, net

   $ 419,981     $ 412,516  

 

For the three and six months ended April 30, 2026 and 2025 depreciation expense is as follows:

 

   

Three Months Ended April 30,

    

Six Months Ended April 30,

  

(in thousands)

  

2026

    

2025

    

2026

    

2025

  

Cost of operations

   $ 9,888     $ 10,004     $ 19,816     $ 19,627  

General and administrative expenses

     538       550       1,067       1,099  

Total depreciation expense

   $ 10,426     $ 10,554     $ 20,883     $ 20,726