v3.26.1
CREDIT FACILITY (Tables)
 6 Months Ended
Apr. 30, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
(in millions)April 30, 2026October 31, 2025
Current portion of long-term debt(1)(2)
Gross term loan$42.8 $30.0 
Unamortized deferred financing costs(1.0)(0.6)
Current portion of term loan
$41.8 $29.4 
Long-term debt(1)(2)
Gross term loan$779.1 $555.0 
Unamortized deferred financing costs(2.5)(1.9)
Total noncurrent portion of term loan
776.6 553.1 
Revolving line of credit(3)
1,045.0 984.0 
Long-term debt
$1,821.6 $1,537.1 
(1) At April 30, 2026, and October 31, 2025, the weighted average interest rate on all outstanding borrowings, not including letters of credit and swaps, was 5.66% and 5.84%, respectively.
(2) At April 30, 2026, we had borrowing capacity of $518.9 million.
(3) At April 30, 2026, standby letters of credit amounted to $23.5 million.
Schedule of Long-Term Debt Maturities As of April 30, 2026, the following principal payments are required under the Amended Credit Facility:
(in millions)20262027202820292030
Debt maturities$21.4 $42.8 $42.8 $42.8 $1,717.2 
Schedule of Interest Rate Swaps
Notional AmountFixed Interest RateEffective DateMaturity Date
$100.0 million1.72%February 9, 2022June 28, 2026
$150.0 million1.85%February 25, 2022June 28, 2026
$100.0 million2.88%May 4, 2022June 28, 2026
     $86.9 million
2.83%July 7, 2022June 28, 2026
     $13.1 million
2.79%July 18, 2022June 28, 2026
$170.0 million3.81%November 1, 2022June 28, 2026
$251.8 million (1)
3.68%April 2, 2026February 26, 2030
(1) In April 2026, we entered into an amortizing interest rate swap agreement with an initial notional amount of $255.0 million, reducing by $3.2 million at the end of every quarter before maturing on February 26, 2030.