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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Oct. 31, 2021
Share-based Payment Arrangement [Abstract]  
Schedule of Nonvested Restricted Stock Units Activity
The Company has made the following grants of RSUs under the 2020 LTIP:
Issuance DateDecember 17, 2020February 25, 2020
Service Period11/1/2020 - 10/31/202311/1/2019 - 10/31/2022
RSUs Granted139,360147,325
Weighted Average Fair Value of RSUs$48.50$37.42
Schedule of Valuation Assumptions
The following table summarizes the key assumptions used in estimating the value of PSUs:
Issuance DateDecember 17, 2020February 25, 2020
Performance Period11/1/2020 - 10/31/202311/1/2019 - 10/31/2022
PSUs Issued253,102258,519
Weighted Average Fair Value of PSUs at Issuance Date$47.26$35.58
Weighted Average Fair Value of PSUs at Valuation Date$67.97$73.50
Valuation Date Stock Price$64.94$64.94
Risk-Free Rate0.5%0.1%
Estimated Volatility40.2%31.0%