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LONG-TERM DEBT
 6 Months Ended
Apr. 30, 2016
Debt Disclosure [Abstract]  
Long-term Debt [Text Block]
LONG-TERM DEBT

Long-term debt consists of the following (in thousands):
 
 
April 30, 2016
 
October 31, 2015
Borrowings under revolving credit facility
 

$560,621

 

$365,203

Capital leases
 
2,309

 
2,395

 
 
562,930

 
367,598

Less: Current maturities of long-term debt
 
(355
)
 
(357
)
 
 

$562,575

 

$367,241



As of April 30, 2016 and October 31, 2015, the weighted average interest rate on borrowings under the Company’s revolving credit facility was 1.6% and 1.3%, respectively. The revolving credit facility contains both financial and non-financial covenants. As of April 30, 2016, the Company was in compliance with all such covenants.