OPERATING SEGMENTS

9 Months Ended

Jul. 31, 2017

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

OPERATING SEGMENTS

Information on the Company’s two operating segments, the FSG and the ETG, for the nine and three months ended July 31, 2017 and 2016, respectively, is as follows (in thousands):

					Other, Primarily Corporate and Intersegment (1)			Consolidated Totals
	Segment
	FSG		ETG
Nine months ended July 31, 2017:
Net sales		$710,676		$405,194		($12,281	)		$1,103,589
Depreciation	9,654		6,304		160			16,118
Amortization	13,088		17,158		548			30,794
Operating income	132,771		106,453		(22,010		)	217,214
Capital expenditures	12,305		7,920		220			20,445
Nine months ended July 31, 2016:
Net sales		$647,419		$372,933		($7,393	)		$1,012,959
Depreciation	8,973		5,854		166			14,993
Amortization	12,414		16,700		496			29,610
Operating income	118,757		89,280		(18,768		)	189,269
Capital expenditures	13,449		9,257		407			23,113
Three months ended July 31, 2017:
Net sales		$257,966		$137,860		($4,326	)		$391,500
Depreciation	3,378		2,168		54			5,600
Amortization	4,885		5,722		204			10,811
Operating income	46,664		38,543		(9,085		)	76,122
Capital expenditures	3,745		3,086		76			6,907
Three months ended July 31, 2016:
Net sales		$222,553		$136,215		($2,684	)		$356,084
Depreciation	3,049		1,878		54			4,981
Amortization	4,169		6,105		165			10,439
Operating income	41,969		33,609		(5,724		)	69,854
Capital expenditures	5,034		2,516		17			7,567

(1) Intersegment activity principally consists of net sales from the ETG to the FSG.

Total assets by operating segment as of July 31, 2017 and October 31, 2016 are as follows (in thousands):

					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of July 31, 2017		$1,040,802		$1,015,645		$167,276		$2,223,723
Total assets as of October 31, 2016	878,674		1,017,827		142,974		2,039,475