LONG-TERM DEBT

3 Months Ended

Jan. 31, 2023

Debt Disclosure [Abstract]

Long-term Debt [Text Block]

LONG-TERM DEBT

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

	January 31, 2023	October 31, 2022
Borrowings under revolving credit facility	$768,000	$275,000
Finance leases and note payable	14,789	15,274
	782,789	290,274
Less: Current maturities of long-term debt	(1,615)	(1,654)
	$781,174	$288,620

The Company's borrowings under its revolving credit facility mature in fiscal 2025. As of January 31, 2023 and October 31 2022, the weighted average interest rate on borrowings under the Company's revolving credit facility was 5.5% and 4.6%, respectively. The revolving credit facility contains both financial and non-financial covenants. As of January 31, 2023, the Company was in compliance with all such covenants.