Discontinued Operations (Tables)

9 Months Ended

Jul. 31, 2015

Discontinued Operations And Disposal Groups [Abstract]

Schedule of Discontinued Operations

The operating results of the discontinued operations for the three month period ended July 31, 2015, consisted of the following:

In Thousands	Avionics &			Sensors &		Advanced
	Controls			Systems		Materials			Other			Total
Net Sales	$	4,436		$	6,419	$	5,424		$	-		$	16,279
Operating earnings (loss)		(1,132	)		1,533		(830	)		(803	)		(1,232	)
Gain (loss) on net assets held for    sale		(1,718	)		619		(18	)		-			(1,117	)
Tax expense (benefit)		(695	)		428		(127	)		(262	)		(656	)
Income (loss) from discontinued    operations	$	(2,155	)	$	1,724	$	(721	)	$	(541	)	$	(1,693	)

The operating results of the discontinued operations for the nine month period ended July 31, 2015, consisted of the following:

In Thousands	Avionics &			Sensors &			Advanced
	Controls			Systems			Materials			Other			Total
Net Sales	$	18,349		$	18,684		$	11,529		$	-		$	48,562
Operating earnings (loss)		(2,649	)		3,270			(3,909	)		(1,988	)		(5,276	)
Gain (loss) on net assets held for    sale		(11,871	)		(3	)		(5,089	)		-			(16,963	)
Tax expense (benefit)		(1,252	)		626			(686	)		(673	)		(1,985	)
Income (loss) from discontinued    operations	$	(13,268	)	$	2,641		$	(8,312	)	$	(1,315	)	$	(20,254	)

The operating results of the discontinued operations for the three month period ended August 1, 2014, consisted of the following:

In Thousands	Avionics &			Sensors &			Advanced
	Controls			Systems			Materials			Other		Total
Net Sales	$	7,249		$	5,860		$	11,706		$	-	$	24,815
Operating earnings (loss)		(1,847	)		141			(196	)		-		(1,902	)
Gain (loss) on net assets held for    sale		-			-			-			-		-
Tax expense (benefit)		(520	)		(461	)		8			-		(973	)
Income (loss) from discontinued    operations	$	(1,327	)	$	602		$	(204	)	$	-	$	(929	)

The operating results of the discontinued operations for the nine month period ended August 1, 2014, consisted of the following:

In Thousands	Avionics &			Sensors &			Advanced
	Controls			Systems			Materials			Other			Total
Net Sales	$	24,783		$	16,798		$	20,987		$	-		$	62,568
Operating earnings (loss)		(6,566	)		(278	)		(5,020	)		(343	)		(12,207	)
Gain (loss) on net assets held for    sale		-			-			-			-			-
Tax expense (benefit)		(2,136	)		(595	)		(991	)		-			(3,722	)
Income (loss) from discontinued    operations	$	(4,430	)	$	317		$	(4,029	)	$	(343	)	$	(8,485	)

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at July 31, 2015, are comprised of the following:

In Thousands	Avionics &		Sensors &		Advanced
	Controls		Systems		Materials		Total
Accounts receivable, net	$	1,589	$	-	$	4,949	$	6,538
Inventories		2,451		-		5,111		7,562
Prepaid expenses		21		-		277		298
Deferred income tax benefits		-		-		-		-
Income tax refundable		-		-		-		-
Current Assets of Businesses Held for Sale	$	4,061	$	-	$	10,337	$	14,398
Net property, plant and equipment	$	5,324	$	-	$	16,817	$	22,141
Intangibles, net		950		-		6,905		7,855
Deferred income tax benefits		-		-		-		-
Other assets		-		-		1,562		1,562
Non-Current Assets of Businesses Held for Sale	$	6,274	$	-	$	25,284	$	31,558
Accounts payable	$	1,533	$	-	$	5,389	$	6,922
Accrued liabilities		506		-		1,457		1,963
Current Liabilities of Businesses Held for Sale	$	2,039	$	-	$	6,846	$	8,885
Deferred income tax liabilities	$	-	$	-	$	1,795	$	1,795
Other liabilities		64		-		-		64
Non-Current Liabilities of Businesses Held for Sale	$	64	$	-	$	1,795	$	1,859
Net Assets of Businesses Held for Sale	$	8,232	$	-	$	26,980	$	35,212

Assets and Liabilities Held for Sale within the Consolidated Balance Sheet at October 31, 2014, were comprised of the following:

In Thousands	Avionics &		Sensors &			Advanced
	Controls		Systems			Materials		Total
Accounts receivable, net	$	5,154	$	3,752		$	2,106	$	11,012
Inventories		12,646		7,972			5,258		25,876
Prepaid expenses		408		86			335		829
Deferred income tax benefits		671		680			-		1,351
Income tax refundable		-		-			2,378		2,378
Current Assets of Businesses Held for Sale	$	18,879	$	12,490		$	10,077	$	41,446
Net property, plant and equipment	$	4,949	$	4,105		$	19,839	$	28,893
Intangibles, net		22,228		10,659			8,327		41,214
Deferred income tax benefits		-		(30	)		-		(30	)
Other assets		-		-			1,600		1,600
Non-Current Assets of Businesses Held for Sale	$	27,177	$	14,734		$	29,766	$	71,677
Accounts payable	$	2,194	$	873		$	6,326	$	9,393
Accrued liabilities		1,765		1,008			2,025		4,798
Current Liabilities of Businesses Held for Sale	$	3,959	$	1,881		$	8,351	$	14,191
Deferred income tax liabilities	$	11,084	$	6,243		$	1,537	$	18,864
Other liabilities		-		-			12		12
Non-Current Liabilities of Businesses Held for Sale	$	11,084	$	6,243		$	1,549	$	18,876
Net Assets of Businesses Held for Sale	$	31,013	$	19,100		$	29,943	$	80,056