XML 33 R20.htm IDEA: XBRL DOCUMENT v3.22.4
SUBSEQUENT EVENTS
12 Months Ended
Oct. 31, 2022
SUBSEQUENT EVENTS [Abstract]  
SUBSEQUENT EVENTS
(12) SUBSEQUENT EVENTS

On December 14, 2022, the Board of Directors of the Company declared cash dividends of $0.2250 for each share of Common Stock and $0.2500 for each share of Class A Common Stock.  The dividends are payable on January 14, 2023 to stockholders of record on January 5, 2023. The Board of Directors also ratified the actions of the Company’s compensation committee authorizing awards of 109,800 shares of Common Stock and 151,750 shares of Class A Common Stock to certain officers, directors and employees of the Company effective January 3, 2023, pursuant to the Company’s restricted stock plan.  The fair value of the shares awarded totaling $4.9 million will be charged to expense over the requisite service periods (see Note 1).