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Significant Accounting Policies (Tables)
12 Months Ended
Oct. 31, 2014
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, 2014, the weighted-average useful lives for each major category of amortizable intangible assets were:

 

Patent/technology costs

     14 years   

Customer relationships

     14 years   

Noncompete agreements

     3 years   

Trade names

     16 years   
Summary of Accumulated Other Comprehensive Loss

Accumulated other comprehensive loss at October 31, 2014 and 2013 consisted of:

 

     Cumulative     Pension and     Accumulated  
     translation     postretirement benefit     other comprehensive  
     adjustments     plan adjustments     loss  

Balance at October 31, 2013

   $ 26,699      $ (84,079   $ (57,380

Pension and postretirement plan changes, net of tax of $(11,348)

            (21,847     (21,847

Current period charge

     (23,972            (23,972
  

 

 

   

 

 

   

 

 

 

Balance at October 31, 2014

   $ 2,727      $ (105,926   $ (103,199
  

 

 

   

 

 

   

 

 

 
Reconciliation of Product Warranty Liability

Following is a reconciliation of the product warranty liability for 2014 and 2013:

 

     2014      2013  

Balance at beginning of year

   $ 9,409       $ 8,929   

Accruals for warranties

     10,813         7,891   

Warranty assumed from acquisitions

             947   

Warranty payments

     (10,012      (8,356

Currency adjustments

     (292      (2
  

 

 

    

 

 

 

Balance at end of year

   $ 9,918       $ 9,409