Property, Plant & Equipment

3 Months Ended

Jan. 31, 2026

Property, Plant and Equipment [Abstract]

Property, plant and equipment consisted of the following as of January 31, 2026 and October 31, 2025 (in thousands):


	January 31, 2026		October 31, 2025
Land and land improvements	$	22,327	$	21,725
Buildings and building improvements	188,884		194,034
Machinery and equipment	561,124		548,623
Construction in progress	59,660		62,018
Property, plant and equipment, gross	831,995		826,400
Less: Accumulated depreciation	430,294		414,809
Property, plant and equipment, net	$	401,701	$	411,591

Depreciation expense, including amortization of finance leases, for the three months ended January 31, 2026 was $14.5 million and $13.9 million for the comparable prior year period.

If there are indicators of potential impairment, we evaluate our property, plant and equipment for recoverability over the remaining useful lives of the assets.

We did not record any impairment charges related to property, plant and equipment or intangible assets for the periods ended January 31, 2026 and October 31, 2025.