Non-operating Income (Expense)

12 Months Ended

Oct. 31, 2020

Non-operating Income (Expense) [Abstract]

Non-operating Income (Expense)

16.Non-operating Income (Expense)

The components of non-operating income (expense) for the years ended October 31, 2020, 2019 and 2018 were as follows:

(in thousands)			2020		2019		2018
Interest and other income		$	25,336	$	43,665	$	35,150
Net gains (losses) on investments and derivatives (1)			(21,613)		8,255		(24,319)
Net foreign currency losses			(480)		(880)		(765)
Gains and other investment income, net			3,243		51,040		10,066
Interest expense			(23,940)		(23,795)		(23,629)
Other income (expense) of consolidated CLO entities:
	Interest income		73,307		74,512		14,883
	Net gains (losses) on bank loans and other investments
	and note obligations		(37,184)		(4,240)		1,999
	Gains and other investment income, net		36,123		70,272		16,882
	Structuring and closing fees		(8,251)		(6,337)		(4,830)
	Interest expense		(46,950)		(53,013)		(10,456)
	Interest and other expense		(55,201)		(59,350)		(15,286)
Total non-operating income (expense)		$	(39,775)	$	38,167	$	(11,967)
(1)	Fiscal 2018 includes a $6.5 million loss associated with the Company's determination not to exercise its option to acquire an additional 26 percent ownership in Hexavest.