v3.26.1
DEBT (Tables)
 9 Months Ended
Jul. 31, 2026
Debt Disclosure [Abstract]  
Schedule of Components of Debt
(in millions)July 31, 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)
Total current portion of term loan, net$41.8 $29.4 
Long-term debt (1)(2)
Term loan$760.9 $555.0 
Borrowings under Receivables Financing Agreement300.0 — 
Revolving line of credit (3)
675.0 984.0 
Total long-term debt, gross1,735.9 1,539.0 
Unamortized deferred financing costs(3.6)(1.9)
Total long-term debt, net$1,732.2 $1,537.1 

(1) At July 31, 2026, and October 31, 2025, the weighted average interest rate on all outstanding borrowings, not including letters of credit and swaps, was 5.53% and 5.84%, respectively.
(2) At July 31, 2026, we had borrowing capacity of $495.3 million.
(3) At July 31, 2026, standby letters of credit amounted to $22.4 million.
Schedule of Long-Term Debt Maturities At July 31, 2026, the following principal payments are required under the terms of the long-term debt:
(in millions)20262027202820292030
Debt maturities$10.7 $42.8 $42.8 $342.8 $1,339.7 
Schedule of Interest Rate Swaps
Notional AmountFixed Interest RateEffective DateMaturity Date
$248.6 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.