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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2022
Apr. 30, 2021
Apr. 30, 2022
Apr. 30, 2021
Cash flows from operating activities:        
Net income $ 2,029 $ 2,437 $ 5,564 $ 3,100
Adjustments to reconcile net income to net cash provided by (used for) operating activities:        
Provision for doubtful accounts (107) 146 (193) 227
Deferred income taxes 79 379 65 511
Equity in (income) loss of affiliates (276) (93) (390) (36)
Foreign currency (gain) loss 815 296 1,182 (660)
Unrealized (gain) loss on derivatives (485) (372) (328) (143)
Depreciation and amortization 965 1,050 1,907 2,116
Stock-based compensation 806 721 1,595 1,380
Change in assets and liabilities:        
(Increase) decrease in accounts receivable 3,521 (9,247) 6,562 (8,873)
(Increase) decrease in inventories (6,741) 1,640 (12,676) 7,354
(Increase) decrease in prepaid expenses 1,226 426 5,382 (1,161)
Increase (decrease) in accounts payable (111) 7,351 3,751 9,342
Increase (decrease) in customer deposits (2,211) 3,048 (2,144) 2,797
Increase (decrease) in accrued expenses 784 56 (138) 34
Increase (decrease) in accrued payroll and employee benefits 317 617 (2,240) 835
Increase (decrease) in accrued income tax (377) (30) 880 216
Net change in derivative assets and liabilities (77) 392 (29) 163
Other (1,256) 83 (438) 732
Net cash provided by (used for) operating activities (1,099) 8,900 8,312 17,934
Cash flows from investing activities:        
Proceeds from sale of property and equipment 94 3 101 3
Purchase of property and equipment (231) (378) (508) (676)
Software development costs (295) (282) (598) (606)
Other investments 262 (42)   (182)
Net cash provided by (used for) investing activities (170) (699) (1,005) (1,461)
Cash flows from financing activities:        
Proceeds from exercise of common stock options     117  
Dividends paid (986) (924) (1,923) (1,789)
Taxes paid related to net settlement of restricted shares     (208) (197)
Stock repurchases (1,671)   (2,890)  
Net cash provided by (used for) financing activities (2,657) (924) (4,904) (1,986)
Effect of exchange rate changes on cash and cash equivalents (4,061) 58 (4,424) 1,542
Net increase (decrease) in cash and cash equivalents (7,987) 7,335 (2,021) 16,029
Cash and cash equivalents at beginning of period 90,029 66,553 84,063 57,859
Cash and cash equivalents at end of period 82,042 $ 73,888 82,042 $ 73,888
Cash and cash equivalents at beginning of period     84,063  
Cash and cash equivalents at end of period $ 82,042   $ 82,042