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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jan. 31, 2020
Feb. 01, 2019
Cash flows from operating activities:    
Net earnings $ 70,091 $ 59,540
Adjustments to reconcile net earnings to net cash (used in) provided by operating activities:    
Non-cash income from finance affiliate (1,751) (2,429)
Distributions from (contributions to) finance affiliate, net 442 (459)
Depreciation of property, plant and equipment 18,089 13,670
Amortization of other intangible assets 4,714 1,913
Fair value step-up adjustment to acquired inventory 470 0
Stock-based compensation expense 3,960 3,924
Deferred income taxes 141 (1,225)
Other 175 0
Changes in operating assets and liabilities, net of effect of acquisitions:    
Receivables, net (53,044) (31,331)
Inventories, net (88,557) (52,380)
Prepaid expenses and other assets 237 8,119
Accounts payable, accrued liabilities, deferred revenue and other liabilities 21,734 26,643
Net cash (used in) provided by operating activities (23,299) 25,985
Cash flows from investing activities:    
Purchases of property, plant and equipment (11,821) (14,180)
Proceeds from asset disposals 25 3
Investment in unconsolidated entities 0 (150)
Acquisitions, net of cash acquired 0 (12,498)
Net cash used in investing activities (11,796) (26,825)
Cash flows from financing activities:    
Borrowings under debt arrangements 82,025 0
Repayments under debt arrangements (68,025) 0
Proceeds from exercise of stock options 6,710 7,569
Payments of withholding taxes for stock awards (1,361) (1,872)
Purchases of Toro common stock 0 (20,043)
Dividends paid on Toro common stock (26,856) (23,923)
Net cash used in financing activities (7,507) (38,269)
Effect of exchange rates on cash and cash equivalents (312) (50)
Net decrease in cash and cash equivalents (42,914) (39,159)
Cash and cash equivalents as of the beginning of the fiscal period 151,828 289,124
Cash and cash equivalents as of the end of the fiscal period $ 108,914 $ 249,965