v3.20.4
Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Net loss $ (12,290) $ (2,746)
Adjustments to reconcile net loss to net cash provided by operating activities:    
Depreciation 6,925 6,492
Deferred income taxes (2,855) (645)
Amortization of deferred financing costs 961 1,044
Amortization of intangible assets 6,913 8,593
Stock-based compensation expense 672 1,467
Loss on extinguishment of debt 15,510 0
Net gain on the sale of property, plant and equipment (593) (281)
Payment of contingent consideration in excess of amounts established in purchase accounting 0 (537)
Net changes in operating assets and liabilities (net of acquisitions):    
Trade receivables, net 5,656 5,207
Inventory (10) (549)
Prepaid expenses and other current assets (4,287) (5,771)
Income taxes payable, net (512) (558)
Accounts payable (1,157) 393
Accrued payroll, accrued expenses and other current liabilities (2,353) (10,295)
Net cash provided by operating activities 12,580 1,814
Cash flows from investing activities:    
Purchases of property, plant and equipment (9,434) (17,410)
Proceeds from sale of property, plant and equipment 1,894 1,718
Net cash used in investing activities (7,540) (15,692)
Cash flows from financing activities:    
Proceeds on long term debt 375,000 0
Payments on long term debt (381,206) (5,222)
Proceeds on revolving loan 80,945 84,460
Payments on revolving loan (75,122) (69,748)
Payment of debt issuance costs (8,464) 0
Payments on capital lease obligations (23) (22)
Purchase of treasury stock (330) (131)
Payment of contingent consideration established in purchase accounting 0 (1,183)
Net cash provided by (used in) financing activities (9,200) 8,154
Effect of foreign currency exchange rate on cash (304) 887
Net decrease in cash and cash equivalents (4,463) (4,837)
Cash and cash equivalents:    
Beginning of period 6,736 7,473
End of period 2,273 2,636
Supplemental cash flow information:    
Cash paid for interest 5,890 11,191
Cash paid (refunded) for income taxes 614 (40)
Non-cash investing and financing activities:    
Equipment purchases included in accrued expenses and accounts payable $ 781 $ 4,110

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