SHARE REPURCHASE PROGRAMS

9 Months Ended

Jul. 31, 2022

SHARE REPURCHASE PROGRAMS [Abstract]

SHARE REPURCHASE PROGRAMS

NOTE 14 - SHARE 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. We commenced repurchasing shares under this authorization on September 16, 2020. All of the shares repurchased under this authorization prior to January 30, 2022, were retired prior to that date. As of July 31, 2022, $31.7 million was available under this authorization for the purchase of additional shares. The table below presents information on this repurchase program for the three and nine-month periods ended July 31, 2022, and August 1, 2021.

	Three Months Ended				Nine Months Ended
	July 31, 2022		August 1, 2021		July 31, 2022		August 1, 2021
Number of shares repurchased		-		964		188		2,983
Cost of shares repurchased	$	-	$	12,500	$	2,522	$	35,750
Average price paid per share	$	-	$	12.97	$	13.43	$	11.98