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SHARE REPURCHASE PROGRAMS
6 Months Ended
Apr. 30, 2023
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, have been retired prior to that date. As of April 30, 2023, $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 six-month periods ended April 30, 2023, and May 1, 2022.

  Three Months Ended         Six Months Ended  
April 30,
2023
 
May 1,
2022
   
April 30,
2023
   
May 1,
2022
 
                     
Number of shares repurchased
   
-
      -       -       188  
Cost of shares repurchased
 
$
-
    $ -     $
-     $
2,522  
Average price paid per share
 
$
-
    $ -     $
-     $
13.43