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Business Combinations and Asset Acquisitions (Tables)
12 Months Ended
Oct. 31, 2025
Business Combination [Line Items]  
Business Combination, Pro Forma Information
We calculated the pro forma impact of the Tyman acquisition and the associated debt financing on our operating results for the twelve months ended October 31, 2024, and 2023. The following pro forma results give effect to these acquisitions, assuming the transaction occurred on November 1, 2023.
Year ended October 31,
20242023
(In thousands, except per share amounts)
(Unaudited)
Net sales$1,886,834 $1,954,950 
Net income$66,037 $48,458 
Basic earnings per share$1.40 $1.03 
Diluted earnings per share$1.40 $1.03 
Tyman  
Business Combination [Line Items]  
Business Combination
The revised allocation of the purchase price, reflecting the fair value of the assets acquired and liabilities assumed, including the identified measurement period adjustments, and the final purchase price allocation is detailed in the table below.
As of Date of
Opening Balance Sheet
Measurement Period AdjustmentsFinal Purchase Price Allocation
(In thousands)
Net assets acquired:
Accounts receivable$99,574 $— $99,574 
Inventories211,617 (286)211,331 
Prepaid and other assets21,516 (1,754)19,762 
Property, plant and equipment157,981 (130)157,851 
Operating lease right-of-use assets65,414 — 65,414 
Goodwill385,045 (4,104)380,941 
Intangible assets539,285 — 539,285 
Accounts payable(66,769)(595)(67,364)
Accrued liabilities(41,958)— (41,958)
Long-term debt (300,684)— (300,684)
Operating lease liabilities(66,228)— (66,228)
Deferred income taxes(145,677)6,869 (138,808)
Other liabilities(10,502)— (10,502)
Net assets acquired$848,614 $— $848,614 
Consideration:
Total Consideration, net of cash and cash equivalents$848,614 $— $848,614 
LMI Custom Mixing, LLC  
Business Combination [Line Items]  
Business Combination
The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below.
As of Date of
Opening Balance Sheet
(In thousands)
Net assets acquired:
Accounts receivable$7,012 
Inventories5,684 
Other assets790 
Property, plant and equipment35,887 
Goodwill41,393 
Intangible assets19,500 
Accounts payable(4,736)
Accrued liabilities(507)
Long-term debt (finance leases)(13,721)
Net assets acquired$91,302 
Consideration:
Cash, net of cash and cash equivalents acquired$91,302