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SEGMENT INFORMATION
12 Months Ended
Oct. 31, 2017
Segment Reporting [Abstract]  
SEGMENT INFORMATION
14.       SEGMENT INFORMATION
 
We operate in a single segment: industrial automation equipment. We design, manufacture and sell computerized (i.e., Computer Numeric Control) machine tools, consisting primarily of vertical machining centers (mills) and turning centers (lathes), to companies in the metal cutting industry through a worldwide sales, service and distribution network.  Although the majority of our computer control systems and software products are proprietary, they predominantly use industry standard personal computer components.  Our computer control systems and software products are primarily sold as integral components of our computerized machine tool products.  We also provide machine tool components, software options, control upgrades, accessories and replacement parts for our products, as well as customer service and training support.
 
We sell our products through more than 193 independent agents and distributors throughout the Americas, Europe and Asia. Our line is the primary line for the majority of our distributors globally even though some may carry competitive products. We also have our own direct sales and service organizations in China, France, Germany, India, Italy, Poland, Singapore, South Africa, Taiwan, the United Kingdom, and certain areas of the United States, which are among the world's principal machine tool consuming countries. During fiscal 2017, no distributor accounted for more than 5% of our sales and service fees. In fiscal 2017, approximately 71% of our revenues were from customers located outside of the U.S. and no single end-user of our products accounted for more than 5% of our total sales and service fees.
 
The following table sets forth the contribution of each of our product groups to our total sales and service fees during each of the past three fiscal years (in thousands):
 
Net Sales and Service Fees by Product Category
 
  Year ended October 31, 
  2017 2016 2015 
        
Computerized Machine Tools * $209,311 $195,618 $189,712 
Computer Control Systems and Software
  2,324  2,078  3,085 
Service Parts  24,255  21,908  19,375 
Service Fees  7,777  7,685  7,211 
Total $243,667 $227,289 $219,383 
 
*  
 
Amounts shown include sales of Milltronics and Takumi computerized machine tools to third parties since the respective dates of acquisitions.
†  
Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine systems.

The following table sets forth revenues by geographic area, based on customer location, for each of the past three fiscal years (in thousands):
 
Revenues by Geographic Area
 
  Year Ended October 31, 
  2017 2016 2015 
United States of America $70,912 $70,630 $66,781 
Canada  3,801  3,881  3,114 
Central & South Americas  1,844  1,950  1,930 
Total Americas  76,557  76,461  71,825 
           
Germany  48,786  44,411  43,727 
United Kingdom  28,019  25,313  30,235 
Italy  13,416  12,947  11,768 
France  13,917  13,787  13,162 
Other Europe  27,583  27,150  26,598 
Total Europe  131,721  123,608  125,490 
           
Asia Pacific  32,694  25,633  20,265 
Other Foreign  2,695  1,587  1,803 
Total Europe, Asia Pacific and Other Foreign  167,110  150,828  147,558 
  $243,667 $227,289 $219,383 
 
Long-lived tangible assets, net by geographic area, were (in thousands):
 
  As of October 31, 
  2017 2016 2015 
United States of America $7,599 $7,846 $8,658 
Foreign countries  6,185  5,911  5,893 
  $13,784 $13,757 $14,551 
 
Net assets by geographic area were (in thousands):
 
  As of October 31, 
  2017 2016 2015 
Americas $86,432 $84,040 $83,236 
Europe  70,536  60,861  59,468 
Asia Pacific  46,117  40,574  31,864 
  $203,085 $185,475 $174,568