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LONG-TERM DEBT
9 Months Ended
Jul. 31, 2019
Debt Disclosure [Abstract]  
Long-term Debt [Text Block] LONG-TERM DEBT

Long-term debt consists of the following (in thousands):
 
 
July 31, 2019
 
October 31, 2018
Borrowings under revolving credit facility
 

$631,000

 

$523,000

Capital leases and note payable
 
9,164

 
9,470

 
 
640,164

 
532,470

Less: Current maturities of long-term debt
 
(860
)
 
(859
)
 
 

$639,304

 

$531,611



The Company's borrowings under its revolving credit facility mature in fiscal 2023. As of July 31, 2019 and October 31, 2018, the weighted average interest rate on borrowings under the Company’s revolving credit facility was 3.4%. The revolving credit facility contains both financial and non-financial covenants. As of July 31, 2019, the Company was in compliance with all such covenants.