LEASES (Tables)

9 Months Ended

Jul. 31, 2020

Leases [Abstract]

Lessee, Operating Lease Asset and Liabilities [Table Text Block]

The following table presents the Company’s operating lease ROU assets and lease liabilities as of July 31, 2020 (in thousands):

	July 31, 2020
Right-of-use assets	$57,752
Current lease liabilities	$13,587
Long-term lease liabilities	45,232
Total operating lease liabilities	$58,819

Lease, Cost [Table Text Block]

The following table presents the components of operating lease expense for the nine and three months ended July 31, 2020 (in thousands): 

	Nine months ended	Three months ended
	July 31, 2020	July 31, 2020
Operating lease expense	$12,855	$4,311
Variable lease expense	1,942	619
Total operating lease expense (1)	$14,797	$4,930

⁽¹⁾ Excludes short-term lease expense, which is not material.

Lessee, Operating Lease, Liability, Maturity [Table Text Block]

The following table presents a maturity analysis of the Company's operating lease liabilities as of July 31, 2020 for the remainder of fiscal 2020 and the next five fiscal years and thereafter (in thousands):

Year ending October 31,
2020	$3,639
2021	16,377
2022	14,394
2023	8,952
2024	5,115
2025	4,243
Thereafter	18,566
Total minimum lease payments	71,286
Less: amount representing interest	(12,467)
Present value of minimum lease payments	$58,819

Lessee, Operating Lease Term and Discount Rate [Table Text Block]

The following table presents the weighted average remaining lease term and discount rate of the Company’s operating leases as of July 31, 2020:

	July 31, 2020
Weighted average remaining lease term (years)	7.0
Weighted average discount rate	5.1	%

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

The following table presents supplemental disclosures of cash flow information associated with the Company's operating leases for the nine months ended July 31, 2020 (in thousands):

	Nine months ended
	July 31, 2020
Cash paid for amounts included in the measurement of lease liabilities	$12,652
Right-of-use assets obtained in exchange for new lease liabilities	7,423