OPERATING SEGMENTS (Tables)

12 Months Ended

Oct. 31, 2018

Schedule of Segment Reporting Information by Segment [Table Text Block]

Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Segment				Other, Primarily Corporate and Intersegment ⁽¹⁾			Consolidated Totals
	FSG		ETG		Other, Primarily Corporate and Intersegment ⁽¹⁾			Consolidated Totals
Year ended October 31, 2018:
Net sales		$1,097,937		$701,827		($22,043	)		$1,777,721
Depreciation	13,322		9,225		692			23,239
Amortization	19,530		33,339		1,083			53,952
Operating income	206,623		204,508		(34,886		)	376,245
Capital expenditures	13,074		9,531		19,266			41,871
Total assets	1,093,858		1,391,997		167,541			2,653,396

Year ended October 31, 2017:
Net sales		$967,540		$574,261		($16,988	)		$1,524,813
Depreciation	13,042		8,609		227			21,878
Amortization	18,026		24,167		752			42,945
Operating income	179,278		157,451		(30,071		)	306,658
Capital expenditures	15,665		10,100		233			25,998
Total assets	1,042,925		1,339,363		130,143			2,512,431

Year ended October 31, 2016:
Net sales		$875,870		$511,272		($10,884	)		$1,376,258
Depreciation	12,113		8,030		218			20,361
Amortization	16,590		22,664		662			39,916
Operating income	163,427		126,031		(24,113		)	265,345
Capital expenditures	18,434		11,962		467			30,863
Total assets	877,672		1,015,696		105,044			1,998,412

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

Schedule of Product Information [Table Text Block]

The following table summarizes the Company’s net sales to external customers by product lines included in each operating segment (in thousands):



	Year ended October 31,
	2018			2017			2016
Flight Support Group:
Aftermarket replacement parts ⁽¹⁾		$582,562			$489,644			$405,108
Repair and overhaul parts and services ⁽²⁾	286,454			270,482			251,357
Specialty products ⁽³⁾	228,921			207,414			219,405
Total net sales	1,097,937			967,540			875,870

Electronic Technologies Group:
Electronic component parts for defense, space and aerospace equipment ⁽⁴⁾	547,088			420,991			371,297
Electronic component parts for equipment in various other industries ⁽⁵⁾	154,739			153,270			139,975
Total net sales	701,827			574,261			511,272

Other, primarily corporate and intersegment	(22,043		)	(16,988		)	(10,884		)

Total consolidated net sales		$1,777,721			$1,524,813			$1,376,258


⁽¹⁾	Includes various jet engine and aircraft component replacement parts.


⁽²⁾	Includes primarily the sale of parts consumed in various repair and overhaul services on selected jet engine and aircraft components, avionics, instruments, composites and flight surfaces of commercial and military aircraft.


⁽³⁾	Includes primarily the sale of specialty components such as thermal insulation blankets, renewable/reusable insulation systems, advanced niche components, complex composite assemblies, and expanded foil mesh.

⁽⁴⁾

Includes various component parts such as electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave and other power equipment, high-speed interface products, power conversion products, underwater locator beacons, emergency locator transmission beacons, traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, crashworthy and ballistically self-sealing auxiliary fuel systems, radio frequency (RF) and microwave amplifiers, transmitters and receivers, high performance communications and electronic intercept receivers and tuners and high performance active antenna systems.

⁽⁵⁾

Includes various component parts such as electromagnetic and radio interference shielding, high voltage interconnection devices, high voltage advanced power electronics, harsh environment connectivity products and custom molded cable assemblies.

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The following table also summarizes the Company’s long-lived assets held within and outside of the United States as of October 31 of the last three fiscal years (in thousands). Long-lived assets consist of net property, plant and equipment.



	2018		2017		2016
Net Sales:
United States of America		$1,127,998		$1,007,491		$904,670
Other countries	649,723		517,322		471,588
Total net sales		$1,777,721		$1,524,813		$1,376,258

Long-lived assets:
United States of America		$124,225		$97,367		$94,889
Other countries	30,514		32,516		26,722
Total long-lived assets		$154,739		$129,883		$121,611