Significant Accounting Policies (Tables)

12 Months Ended

Oct. 31, 2023

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, 2023, the weighted-average useful lives for each major category of amortizable intangible assets were:

Patent/technology costs	11 years
Customer relationships	17 years
Noncompete agreements	4 years
Trade names	14 years

Summary of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss at October 31, 2023 and 2022 consisted of:

	Cumulative translation adjustments		Pension and postretirement benefit plan adjustments		Accumulated other comprehensive loss
Balance at October 31, 2022	$	(160,046)	$	(47,736)	$	(207,782)
Pension and postretirement plan changes, net of tax of $4,774	—		(15,425)		(15,425)
Currency translation losses	26,766		—		26,766
Balance at October 31, 2023	$	(133,280)	$	(63,161)	$	(196,441)

Reconciliation of Product Warranty Liability

Following is a reconciliation of the product warranty liability as of October 31, 2023 and 2022:

	2023		2022
Balance at beginning of year	$	11,723	$	11,113
Accruals for warranties	20,910		17,188
Warranty payments	(16,171)		(14,609)
Currency adjustments	(2,061)		(1,969)
Balance at end of year	$	14,401	$	11,723