Acquisitions and Divestitures

3 Months Ended

Jan. 31, 2018

Business Combinations [Abstract]

Acquisitions and Divestitures

ACQUISITIONS AND DIVESTITURES

For the three months ended January 31, 2018, the Company completed no divestitures and no acquisitions. Proceeds from divestitures that were completed in fiscal year 2017 and collected during the three months ended January 31, 2018 were $0.5 million. Proceeds from divestitures that were completed in fiscal year 2015 and collected during the three months ended January 31, 2018 were $0.9 million. The Company has $2.9 million of notes receivable recorded from the sale of businesses.

For the three months ended January 31, 2017, the Company completed no divestitures and no acquisitions. The Company deconsolidated one nonstrategic business in the Flexible Products & Services segment during the first quarter of 2017, generating a loss on disposal of the business of $0.5 million.