Leases (Tables)

12 Months Ended

Oct. 31, 2021

Leases [Abstract]

Lease, Cost

The components of the Company’s lease expense during the period presented are as follows:

	Year Ended October 31,
	2021		2020
	(in thousands)
Operating lease expense (1)	$	93,848	$	93,636
Variable lease expense (2)	8,231		5,147
Total lease expense	$	102,079	$	98,783

(1) Operating lease expense includes immaterial amounts of short-term leases, net of sublease income.

(2) Variable lease expense includes payments to lessors that are not fixed or determinable at lease commencement date. These payments primarily consist of maintenance, property taxes, insurance and variable indexed based payments.

Supplemental cash flow information during the period presented is as follows:

	Year Ended October 31,
	2021		2020
	(in thousands)
Cash paid for amounts included in the measurement of operating lease liabilities	$	86,360	$	72,828
ROU assets obtained in exchange for operating lease liabilities	$	112,637	$	69,439

Lessee, Lease Term and Discount Rate

Lease term and discount rate information related to the Company’s operating leases as of the end of the period presented are as follows:

	October 31, 2021		October 31, 2020
Weighted-average remaining lease term (in years)	8.00		8.62
Weighted-average discount rate	2.01	%	2.56	%

Lessee, Operating Lease, Liability, Maturity

The following represents the maturities of the Company’s future lease payments due under operating leases as of October 31, 2021:

	Lease Payments
Fiscal year	(in thousands)
2022	$	89,891
2023	83,062
2024	76,762
2025	65,434
2026	55,647
Thereafter	243,891
Total future minimum lease payments	614,687
Less: Imputed interest	48,006
Total lease liabilities	$	566,681

Lessor, Operating Lease, Payment to be Received, Fiscal Year Maturity

The lease receipts from owned facilities, including sublease income from other facilities, due to the Company as of October 31, 2021 are as follows:

	Lease Receipts
	(in thousands)
Fiscal year
2022	$	17,131
2023	16,433
2024	13,949
2025	6,375
2026	6,566
Thereafter	31,466
Total	$	91,920