XML 70 R50.htm IDEA: XBRL DOCUMENT v3.25.4
OPERATING SEGMENTS (Tables)
12 Months Ended
Oct. 31, 2025
Segment Reporting [Abstract]  
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
Corporate (1)
Intersegment (2)
Consolidated Totals
FSGETG
Year ended October 31, 2025:
Net sales to external customers$3,115,616 $1,369,428 $— $— 
Intersegment net sales1,661 43,692 — (45,353)
Net sales3,117,277 1,413,120 — (45,353)4,485,044 
Cost of sales1,928,042 812,850 — (42,312)
Other segment items (3)
438,840 275,318 — — 
Operating income750,395 324,952 (53,308)(3,041)1,018,998 
Capital expenditures32,342 25,078 15,466 — 72,886 
Depreciation (4)
26,901 25,536 1,978 — 54,415 
Amortization (4)
83,799 56,293 1,569 — 141,661 
Year ended October 31, 2024:
Net sales to external customers$2,638,893 $1,218,776 $— $— 
Intersegment net sales461 44,850 — (45,311)
Net sales2,639,354 1,263,626 — (45,311)3,857,669 
Cost of sales1,671,596 726,618 — (42,271)
Other segment items (3)
374,684 248,815 — — 
Operating income593,074 288,193 (53,772)(3,040)824,455 
Capital expenditures27,498 29,864 899 — 58,261 
Depreciation (4)
25,153 22,731 1,244 — 49,128 
Amortization (4)
73,640 50,994 1,569 — 126,203 
Year ended October 31, 2023:
Net sales to external customers$1,769,985 $1,198,120 $— $— 
Intersegment net sales200 27,102 — (27,302)
Net sales1,770,185 1,225,222 — (27,302)2,968,105 
Cost of sales1,130,703 710,896 — (26,982)
Other segment items (3)
252,185 229,273 — — 
Operating income387,297 285,053 (46,691)(320)625,339 
Capital expenditures22,775 26,493 166 — 49,434 
Depreciation (4)
18,699 20,478 1,101 — 40,278 
Amortization (4)
36,957 51,296 1,512 — 89,765 
(1) Corporate activity consists of unallocated corporate general and administrative expenses.
(2) Intersegment activity principally consists of net sales from the ETG to the FSG.
(3) Represents SG&A expenses.
(4) Depreciation and amortization expense disclosed by reportable segment are included within cost of sales and other segment items.
Reconciliation of Assets from Segment to Consolidated [Table Text Block]
Total assets by operating segment are as follows (in thousands):
Other,
Primarily Corporate
Consolidated
Totals
Segment
As of October 31,FSGETG
2025$4,571,887 $3,437,221 $491,326 $8,500,434 
20244,264,360 2,981,326 347,136 7,592,822 
Schedule of Revenue and Long-lived Assets by Geographic Area [Table Text Block] The Company markets its products and services in approximately 130 countries. The following table summarizes the Company’s net sales to customers located in the United States and to those in other countries for each of the last three fiscal years ended October 31 (in thousands). Net sales are attributed to countries based on the location of the customer. Net sales to any one customer or attributed to any one foreign country did not account for 10% or more of the Company's consolidated net sales during any of the last three fiscal years. The following table also summarizes the Company’s long-lived assets held within and outside of the United States as of October 31 for each of the last three fiscal years (in thousands). Long-lived assets consist of net property, plant and equipment and operating lease ROU assets.
202520242023
Net sales:
United States of America$2,776,103 $2,420,892 $1,963,451 
Other countries1,708,941 1,436,777 1,004,654 
Total net sales$4,485,044 $3,857,669 $2,968,105 
Long-lived assets:
United States of America$447,581 $357,303 $349,085 
Other countries (1)
119,110 113,567 94,136 
Total long-lived assets$566,691 $470,870 $443,221 

(1) France was the only foreign country where long-lived assets exceeded 10% of the Company's total long-lived assets for certain fiscal periods presented. Long-lived assets held in France totaled $54.2 million and $53.3 million as of October 31, 2024 and 2023, respectively.