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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
12 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2015
Operating activities      
Net income $ 279,745 $ 188,961 $ 216,001
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 100,337 84,583 74,661
Amortization of share-based compensation 17,376 15,813 16,068
Provision for losses on accounts receivable 610 150 300
Deferred income taxes 16,150 28,223 4,781
Change in assets and liabilities:      
Accounts receivable (15,130) (11,574) 5,071
Inventories (32,459) (21,553) (7,930)
Income taxes (9,341) 37,821 (35,273)
Prepaid expenses and other assets (4,279) (1,263) (1,162)
Accounts payable 12,013 5,109 11,615
Accrued expenses, claims payable and other liabilities 43,931 (29,511) 16,304
Total adjustments 129,208 107,798 84,435
Net cash provided by operating activities 408,953 296,759 300,436
Investing activities      
Capital expenditures (166,768) (200,882) (158,289)
Net proceeds from sale of property and equipment 853 478 848
Net cash used in investing activities (165,915) (200,404) (157,441)
Financing activities      
Principal payments on long-term debt 0 (10,000) (10,000)
Payments for debt issuance costs (2,416) 0 (1,960)
Dividends paid (46,399) (42,900) (31,092)
Repurchase of common stock 0 0 (55,193)
Proceeds from issuance of restricted stock under stock compensation plans 983 1,279 1,209
Payments from issuance of common stock under stock compensation plans (10,032) (7,282) (14,910)
Net cash used in financing activities (57,864) (58,903) (111,946)
Net change in cash and cash equivalents 185,174 37,452 31,049
Cash and cash equivalents at beginning of year 234,111 196,659 165,610
Cash and cash equivalents at end of year 419,285 234,111 196,659
Supplemental disclosure of cash flow information:      
Income taxes paid 139,990 72,213 149,770
Interest paid, net $ 1,867 $ 1,709 $ 2,615