OPERATING SEGMENTS

3 Months Ended

Jan. 31, 2025

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 three months ended January 31, 2025 and 2024 is as follows (in thousands):

			Other, Primarily Corporate and Intersegment (1)	Consolidated Totals
	Segment
	FSG	ETG
Three months ended January 31, 2025:
Net sales	$713,174	$330,315	($13,267)	$1,030,222
Depreciation	6,578	5,969	501	13,048
Amortization	19,254	13,531	392	33,177
Operating income	166,116	76,456	(15,767)	226,805
Capital expenditures	10,246	7,089	—	17,335
Three months ended January 31, 2024:
Net sales	$618,716	$285,942	($8,295)	$896,363
Depreciation	6,487	5,539	304	12,330
Amortization	17,857	12,926	392	31,175
Operating income	136,091	55,328	(11,209)	180,210
Capital expenditures	6,732	6,174	471	13,377

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

Total assets by operating segment are as follows (in thousands):

			Other, Primarily Corporate	Consolidated Totals
	Segment
	FSG	ETG
Total assets as of January 31, 2025	$4,523,480	$2,961,755	$405,476	$7,890,711
Total assets as of October 31, 2024	4,264,360	2,981,326	347,136	7,592,822