LONG-TERM DEBT

9 Months Ended

Jul. 31, 2020

Debt Disclosure [Abstract]

Long-term Debt [Text Block]

LONG-TERM DEBT

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

	July 31, 2020	October 31, 2019
Borrowings under revolving credit facility	$730,000	$553,000
Finance leases and note payable	10,089	8,955
	740,089	561,955
Less: Current maturities of long-term debt	(1,073)	(906)
	$739,016	$561,049

The Company's borrowings under its revolving credit facility mature in fiscal 2023. As of July 31, 2020 and October 31 2019, the weighted average interest rate on borrowings under the Company's revolving credit facility was 1.3% and 3.0%, respectively. The revolving credit facility contains both financial and non-financial covenants. As of July 31, 2020, the Company was in compliance with all such covenants.