PROPERTY, PLANT AND EQUIPMENT, NET

12 Months Ended

Oct. 31, 2023

PROPERTY, PLANT, AND EQUIPMENT, NET [Abstract]

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 5 - PROPERTY, PLANT AND EQUIPMENT, NET

Presented below are the components of Property, plant and equipment, net at the balance sheet dates.

	October 31, 2023			October 31, 2022
Land	$	11,378		$	11,134
Buildings and improvements		185,850			168,024
Machinery and equipment		1,922,041			1,769,478
Leasehold improvements		18,894			18,802
Furniture, fixtures, and office equipment		15,856			14,355
Construction in progress		55,434			90,846
		2,209,453			2,072,639
Accumulated depreciation and amortization		(1,500,209	)		(1,428,766	)
	$	709,244		$	643,873

Information on ROU assets resulting from finance leases, at the balance sheet dates, is presented below.

	October 31, 2023			October 31, 2022
Machinery and equipment	$	42,820		$	42,760
Accumulated amortization		(7,655	)		(4,784	)
	$	35,165		$	37,976

The following table presents depreciation expense (including the amortization of ROU assets) related to property, plant and equipment incurred during the reporting periods.

	Years Ended
	October 31, 2023		October 31, 2022		October 31, 2021
Depreciation Expense	$	80,472	$	79,971	$	87,535

      In the third quarter of 2021, we recorded a $3.5 million gain on the trade-in of a lithography tool with a tool vendor as partial compensation for a more advanced tool.