Segment Information (Tables)

3 Months Ended

Jan. 31, 2022

Schedule of Segment Reporting Information, by Segment

Segment information for the three months ended January 31, 2022 and 2021, and total assets as of January 31, 2022 and October 31, 2021 are summarized in the following table (in thousands):


	NA Fenestration		EU Fenestration		NA Cabinet Comp.		Unallocated Corp. & Other		Total










Three Months Ended January 31, 2022
Net sales	$	146,631	$	58,914	$	62,353	$	(858)	$	267,040
Depreciation and amortization	4,139		2,569		3,463		86		10,257
Operating income (loss)	12,151		7,815		(1,453)		(4,387)		14,126
Capital expenditures	5,305		954		1,073		38		7,370
Three Months Ended January 31, 2021
Net sales	$	128,116	$	49,091	$	53,994	$	(1,054)	$	230,147
Depreciation and amortization	5,111		2,518		3,270		116		11,015
Operating income (loss)	11,203		8,187		(13)		(7,542)		11,835
Capital expenditures	2,820		472		1,953		1		5,246
As of January 31, 2022
Total assets	$	282,033	$	229,515	$	179,410	$	27,314	$	718,272
As of October 31, 2021
Total assets	$	268,773	$	236,755	$	178,671	$	33,124	$	717,323

Changes in the Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the three months ended January 31, 2022 was as follows (in thousands):


	Three Months Ended
	January 31, 2022
Beginning balance as of November 1, 2021	$	149,205


Foreign currency translation adjustment	(1,412)
Balance as of the end of the period	$	147,793

The following table summarizes the change in the carrying amount of goodwill by reportable business segment for the three months ended January 31, 2022 (in thousands):


	NA Fenestration		EU Fenestration		NA Cabinet Comp.		Unallocated Corp. & Other		Total
Balance as of October 31, 2021	$	38,712	$	71,346	$	39,147	$	—	$	149,205


Foreign currency translation adjustment	—		(1,412)		—		—		(1,412)
Balance as of January 31, 2022	$	38,712	$	69,934	$	39,147	$	—	$	147,793

Reconciliation of Operating Profit (Loss) from Segments to Consolidated

We did not allocate non-operating loss or income tax benefit to the reportable segments. The following table reconciles operating income as reported above to net income for the three months ended January 31, 2022 and 2021 (in thousands):


	Three Months Ended
	January 31,
		2022		2021
Operating income		$	14,126	$	11,835
Interest expense		(523)		(751)
Other, net		54		192
Income tax expense		(2,418)		(3,424)
Net income		$	11,239	$	7,852