LEASES (Tables)

3 Months Ended

Jan. 31, 2021

LEASES [Abstract]

Information on Operating and Finance Leases Included in Consolidated Balance Sheets

The following table provides information on operating and finance leases included in our consolidated balance sheets.

Classification	January 31, 2021		October 31, 2020
ROU Assets – Operating Leases
Other assets	$	7,517	$	7,706
ROU Assets – Finance Leases
Property, plant and equipment	$	35,560	$	-
Lease Liabilities – Operating Leases
Accrued liabilities	$	2,282	$	2,175
Other liabilities		4,792		5,008
	$	7,074	$	7,183
Lease Liabilities – Finance Leases
Current portion of long-term debt	$	5,819	$	-
Long-term debt		29,741		-
	$	35,560	$	-

Future Lease Payments under Noncancelable Operating and Finance Leases

The following table presents future lease payments under noncancelable operating and finance leases as of January 31, 2021. Imputed interest represents the difference between undiscounted cash flows and discounted cash flows.

	Operating Leases		Finance Lease
Remainder of fiscal year 2021	$	1,814	$	4,506
2022		2,306		6,054
2023		1,311		5,760
2024		783		5,760
2025		639		14,661
Thereafter		550		-
Total lease payments		7,403		36,741
Imputed interest		329		1,181
Lease liabilities	$	7,074	$	35,560

Lease Costs

The following table presents lease costs for the three-month periods ended January 31, 2021 and February 2, 2020.

	Three Months Ended
	January 31, 2021		February 2, 2020
Operating lease costs	$	664	$	1,178
Short-term lease costs	$	46	$	122
Variable lease costs	$	144	$	-
Interest on lease liabilities	$	35	$	-
Amortization of ROU assets	$	-	$	-

Supplemental Information Related to Leases

Presented below is other information related to our operating and finance leases.

	Three Months Ended
Supplemental cash flows information:	January 31, 2021		February 2, 2020
Operating cash flows used for operating leases	$	603	$	1,885
Operating cash flows used for finance leases	$	35	$	-
Financing cash flows used for finance leases	$	-	$	-
ROU assets obtained in exchange for operating lease obligations	$	267	$	282
ROU assets obtained in exchange for finance lease obligations	$	35,560	$	-

Weighted-Average Lease Terms and Weighted-Average Discount Rates

	As of
	January 31, 2021					October 31, 2020
Classification	Weighted-average remaining lease term (in years)		Weighted-average discount rate			Weighted-average remaining lease term (in years)		Weighted-average discount rate
Operating leases		3.9		2.37	%		4.1		2.37	%
Finance lease		3.9		1.14	%		-		-