LONG-TERM DEBT

3 Months Ended

Jan. 31, 2020

Debt Disclosure [Abstract]

Long-term Debt [Text Block]

LONG-TERM DEBT

Long-term debt consists of the following (in thousands):

	January 31, 2020			October 31, 2019
Borrowings under revolving credit facility		$560,000			$553,000
Finance leases and note payable	8,796			8,955
	568,796			561,955
Less: Current maturities of long-term debt	(932		)	(906		)
		$567,864			$561,049

The Company's borrowings under its revolving credit facility mature in fiscal 2023. As of January 31, 2020 and October 31 2019, the weighted average interest rate on borrowings under the Company's revolving credit facility was 2.7% and 3.0%, respectively. The revolving credit facility contains both financial and non-financial covenants. As of January 31, 2020, the Company was in compliance with all such covenants.