v3.25.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Apr. 30, 2025
Apr. 30, 2024
Cash flows from operating activities    
Net income $ 85.8 $ 88.4
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 51.6 52.9
Deferred income taxes 0.1 (2.6)
Share-based compensation expense 18.7 16.6
Provision for bad debt 2.1 2.2
Discount accretion on insurance claims 0.3 0.3
Gain on sale of assets (0.1) (0.2)
Income from unconsolidated affiliates (2.1) (3.0)
Distributions from unconsolidated affiliates 5.5 1.8
Changes in operating assets and liabilities    
Trade accounts receivable and costs incurred in excess of amounts billed (190.9) 36.4
Prepaid expenses and other current assets (42.1) (34.4)
Right-of-use assets 0.8 5.0
Other noncurrent assets (7.6) (30.1)
Trade accounts payable and other accrued liabilities (5.9) (57.8)
Long-term lease liabilities (3.8) (1.8)
Insurance claims 11.7 49.5
Income taxes payable, net 4.3 (5.4)
Other noncurrent liabilities (2.0) (0.9)
Total adjustments (159.7) 28.4
Net cash (used in) provided by operating activities (73.9) 116.9
Cash flows from investing activities    
Additions to property, plant and equipment (33.8) (29.1)
Proceeds from sale of assets 0.4 0.6
Purchase price adjustment for the Quality Uptime Acquisition 1.9 0.0
Net cash used in investing activities (31.6) (28.6)
Cash flows from financing activities    
Taxes withheld from issuance of share-based compensation awards, net (9.6) (8.7)
Repurchases of common stock, including excise taxes (21.3) (23.8)
Dividends paid (32.9) (28.3)
Deferred financing costs paid (8.0) 0.0
Borrowings from debt 918.8 556.0
Repayment of borrowings from debt (700.0) (597.3)
Changes in book cash overdrafts (46.0) 6.0
Repayment of finance lease obligations (2.2) (2.0)
Net cash provided by (used in) financing activities 98.7 (98.0)
Effect of exchange rate changes on cash and cash equivalents 1.0 0.8
Net decrease in cash and cash equivalents (5.8) (8.8)
Cash and cash equivalents at beginning of year 64.6 69.5
Cash and cash equivalents at end of period $ 58.7 $ 60.7