Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2021

Accounting Policies [Abstract]

Useful Lives of Property, Plant and Equipment and Depreciation

Useful lives are as follows:

Land improvements	15-25 years
Buildings	20-40 years
Machinery and equipment	3-18 years
Enterprise management systems	5-13 years

Weighted Average Useful Lives for Each Major Category of Amortizable Intangible Assets

At October 31, 2021, the weighted-average useful lives for each major category of amortizable intangible assets were:

Patent/technology costs	12 years
Customer relationships	14 years
Noncompete agreements	4 years
Trade names	15 years

Summary of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss at October 31, 2021 and 2020 consisted of:

	Cumulative translation adjustments		Pension and postretirement benefit plan adjustments		Accumulated other comprehensive loss
Balance at October 31, 2020	$	(40,422)	$	(185,696)	$	(226,118)
Pension and postretirement plan changes, net of tax of $(12,938)	—		43,250		43,250
Currency translation losses	7,033		—		7,033
Balance at October 31, 2021	$	(33,389)	$	(142,446)	$	(175,835)

Reconciliation of Product Warranty Liability

Following is a reconciliation of the product warranty liability as of October 31, 2021 and 2020:

	2021		2020
Balance at beginning of year	$	10,550	$	11,006
Accruals for warranties	16,011		11,662
Warranty payments	(15,475)		(12,330)
Currency adjustments	27		212
Balance at end of year	$	11,113	$	10,550