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Inventories

9 Months Ended

Jul. 31, 2014

Inventories

At July 31, 2014 and October 31, 2013, inventories consisted of the following:


	July 31, 2014			October 31, 2013
Raw materials and component parts	$	84,212		$	81,943
Work-in-process		33,987			34,756
Finished goods		129,029			115,078

		247,228			231,777
Obsolescence and other reserves		(29,452	)		(26,579	)
LIFO reserve		(7,424	)		(6,797	)

	$	210,352		$	198,401

- Definition

The entire disclosure for inventory. This may include, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the major classes of inventory, and the nature of the cost elements included in inventory. If inventory is stated above cost, accrued net losses on firm purchase commitments for inventory and losses resulting from valuing inventory at the lower-of-cost-or-market may also be included. For LIFO inventory, may disclose the amount and basis for determining the excess of replacement or current cost over stated LIFO value and the effects of a LIFO quantities liquidation that impacts net income.

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