v3.21.1
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
6 Months Ended
Apr. 30, 2021
Apr. 30, 2020
Net loss $ (23,143) $ (58,850)
Net loss (23,143) (58,850)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Goodwill and intangibles impairment 0 57,944
Depreciation 13,991 13,015
Deferred income taxes (2,926) (3,515)
Amortization of deferred financing costs 1,419 2,076
Amortization of intangible assets 13,853 17,147
Stock-based compensation expense 4,022 2,850
Change in fair value of warrant liabilities 11,456 (2,864)
Loss on extinguishment of debt 15,510 0
Net gain on the sale of property, plant and equipment (869) (477)
Payment of contingent consideration in excess of amounts established in purchase accounting 0 (526)
Net changes in operating assets and liabilities (net of acquisitions):    
Trade receivables, net 3,135 4,009
Inventory 161 127
Prepaid expenses and other current assets (3,377) (5,209)
Income taxes payable, net 750 301
Accounts payable (145) (101)
Accrued payroll, accrued expenses and other current liabilities 2,359 1,060
Net cash provided by operating activities 36,196 26,987
Cash flows from investing activities:    
Purchases of property, plant and equipment (16,672) (23,305)
Proceeds from sale of property, plant and equipment 3,687 3,607
Net cash used in investing activities (12,985) (19,698)
Cash flows from financing activities:    
Proceeds on long term debt 375,000 0
Payments on long term debt (381,206) (10,444)
Proceeds on revolving loan 138,239 143,559
Payments on revolving loan (139,004) (127,404)
Payment of debt issuance costs (8,464) 0
Payments on capital lease obligations (47) (45)
Purchase of treasury stock (330) (131)
Payment of contingent consideration established in purchase accounting 0 (1,161)
Net cash provided by (used in) financing activities (15,812) 4,374
Effect of foreign currency exchange rate on cash (421) (1,088)
Net increase in cash and cash equivalents 6,978 10,575
Cash and cash equivalents:    
Beginning of period 6,736 7,473
End of period 13,714 18,048
Supplemental cash flow information:    
Cash paid for interest 5,908 16,673
Cash paid for income taxes 953 212
Non-cash investing and financing activities:    
Equipment purchases included in accrued expenses and accounts payable $ 2,029 $ 4,557

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