Operating Segments and Geographic Area Data (Tables)

12 Months Ended

Oct. 31, 2013

Segment Reporting [Abstract]

Reportable Segments

The following table presents information about our reportable segments:

	Adhesive Dispensing Systems			Advanced Technology Systems			Industrial Coating Systems			Corporate			Total
Year ended October 31, 2013
Net external sales	$	793,488		$	516,266		$	233,167		$	—		$	1,542,921
Depreciation		15,638			9,180			3,370			3,578			31,766
Operating profit		203,757	(a)		123,403	(b)		33,786			(37,097	)		323,849
Identifiable assets (c)		750,616			721,524			113,835			456,919	(d)		2,042,894
Expenditures for long-lived assets		20,498			10,080			6,239			10,402			47,219
Year ended October 31, 2012
Net external sales	$	684,096		$	515,992		$	209,490		$	—		$	1,409,578
Depreciation		9,532			8,695			3,141			3,101			24,469
Operating profit (loss)		211,072	(a)		134,074			25,933	(e)		(35,599	)		335,480
Identifiable assets (c)		611,357			718,354			110,982			395,331	(d)		1,836,024
Expenditures for long-lived assets		14,612			6,871			4,602			4,874			30,959
Year ended October 31, 2011
Net external sales	$	611,911		$	437,232		$	184,016		$	—		$	1,233,159
Depreciation		7,087			7,851			2,855			2,965			20,758
Operating profit		210,350	(a)		114,660			27,220			(36,687	)(f)		315,543
Identifiable assets (c)		286,974			691,479			71,438			270,500	(d)		1,320,391
Expenditures for long-lived assets		4,477			4,833			2,437			8,492			20,239

(a) Includes $315 of severance and restructuring costs in 2013. Includes $3,862 of cost of goods sold – restructuring and severance and restructuring costs in 2012. Includes $1,811 of impairment charges related to the write down of assets to fair value and $1,589 of severance charges and other termination fees in 2011.

(b) Includes $811 of severance and restructuring costs.

(c) Operating segment identifiable assets include notes and accounts receivable net of customer advance payments and allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill.

(d) Corporate assets are principally cash and cash equivalents, deferred income taxes, capital leases, headquarter facilities, the major portion of our enterprise management system, and intangible assets.

(e) Includes $690 of severance and restructuring costs.

(f) Includes $3,120 of expense related to the withdrawal from a multi-employer employee pension plan in Japan.

Sales Information by Geographic Regions

We have significant sales and long-lived assets in the following geographic areas:

	2013		2012		2011
Net external sales
United States	$	465,789	$	388,904	$	312,328
Americas		123,654		109,074		102,077
Europe		416,725		381,005		390,319
Japan		127,945		127,509		111,003
Asia Pacific		408,808		403,086		317,432
Total net external sales	$	1,542,921	$	1,409,578	$	1,233,159
Long-lived assets
United States	$	136,551	$	127,486	$	90,994
Americas		4,154		3,180		2,933
Europe		22,576		14,896		16,312
Japan		4,384		3,431		3,496
Asia Pacific		33,314		25,938		17,148
Total long-lived assets	$	200,979	$	174,931	$	130,883

Total Consolidated Income Before Income Taxes

A reconciliation of total segment operating income to total consolidated income before income taxes is as follows:

	2013			2012			2011
Total profit for reportable segments	$	323,849		$	335,480		$	315,543
Interest expense		(14,841	)		(11,153	)		(5,069	)
Interest and investment income		421			463			569
Other-net		1,694			1,463			3,518
Income before income taxes	$	311,123		$	326,253		$	314,561

Summary of Reconciliation of Consolidated Assets

A reconciliation of total assets for reportable segments to total consolidated assets is as follows:

	2013			2012			2011
Total assets for reportable segments	$	2,042,894		$	1,836,024		$	1,320,391
Customer advance payments		28,341			20,894			9,375
Eliminations		(28,946	)		(27,403	)		(25,316	)
Total consolidated assets	$	2,042,289		$	1,829,515		$	1,304,450