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SHARE REPURCHASE PROGRAMS (Tables)
 3 Months Ended
Jan. 31, 2021
SHARE REPURCHASE PROGRAMS [Abstract]  
Shares Repurchase Programs

In September 2020, the Company’s board of directors authorized the repurchase of up to $100 million of its common stock, pursuant to a repurchase plan under Rule 10b5-1 of the Securities Act of 1933 (as amended) (the “Securities Act”). The company commenced repurchasing shares under this authorization on September 16, 2020. All of the 1.7 million shares repurchased under this authorization prior to November 1, 2020, were retired in fiscal 2020; the table below presents information on this repurchase program.

  
Three Months Ended
January 31, 2021
    
From Inception Date of
September 16, 2020
  
Number of shares repurchased
    
1,222
      
2,952
  
                 
Cost of shares repurchased
  
$
13,209
    
$
30,709
  
                 
Average price paid per share
  
$
10.81
    
$
10.40
  


In August 2019, the Company’s board of directors authorized the repurchase of up to $100 million of its common stock, pursuant to a repurchase plan under Rule 10b5-1 of the Securities Act. This repurchase program was terminated in March of 2020. All of the shares repurchased under this program have been retired. The table below presents information on this repurchase program.

  
Three Months Ended
February 2, 2020
    
From Inception Date of
September 25, 2019
  
Number of shares repurchased
    
916
      
1,911
  
                 
Cost of shares repurchased
  
$
11,000
    
$
22,000
  
                 
Average price paid per share
  
$
12.01
    
$
11.51