Income Taxes (Tables)

12 Months Ended

Oct. 31, 2014

Income Tax Disclosure [Abstract]

Income Tax Expense

Income tax expense includes the following:

	2014			2013			2012
Current:
U.S. federal	$	52,985		$	45,004		$	51,458
State and local		1,900			2,351			1,378
Foreign		47,366			36,829			38,760
Total current		102,251			84,184			91,596
Deferred:
U.S. federal		8,695			8,361			7,204
State and local		(1,635	)		(991	)		782
Foreign		(3,571	)		(2,248	)		1,842
Total deferred		3,489			5,122			9,828
	$	105,740		$	89,306		$	101,424

Income Taxes Computed at the U.S. Statutory Rate and Income Tax

A reconciliation of the U.S. statutory federal rate to the worldwide consolidated effective tax rate follows:

	2014			2013			2012
Statutory federal income tax rate		35.00	%		35.00	%		35.00	%
Domestic Production Deduction		(1.74	)		(1.71	)		(1.82	)
Foreign tax rate variances, net of foreign tax credits		(3.42	)		(3.39	)		(2.31	)
State and local taxes, net of federal income tax benefit		0.05			0.28			0.43
Amounts related to prior years		(0.24	)		(1.00	)		(0.31	)
Other — net		0.35			(0.48	)		0.10
Effective tax rate		30.00	%		28.70	%		31.09	%

Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits for 2014, 2013 and 2012 is as follows:

	2014			2013			2012
Balance at beginning of year	$	5,717		$	3,140		$	2,576
Additions based on tax positions related to the current year		196			703			148
Additions for tax positions of prior years		319			3,261			896
Reductions for tax positions of prior years		—			(317	)		—
Settlements		(110	)		—			—
Lapse of statute of limitations		(310	)		(1,070	)		(480	)
Balance at end of year	$	5,812		$	5,717		$	3,140

Significant Components of Deferred Tax Assets and Liabilities

Significant components of deferred tax assets and liabilities are as follows:

	2014			2013
Deferred tax assets:
Employee benefits	$	79,669		$	66,148
Other accruals not currently deductible for taxes		17,379			16,984
Tax credit and loss carryforwards		16,531			13,077
Inventory adjustments		5,276			4,998
Translation of foreign currency accounts		154			384
Total deferred tax assets		119,009			101,591
Valuation allowance		(7,672	)		(5,663	)
Total deferred tax assets		111,337			95,928
Deferred tax liabilities:
Depreciation and amortization		163,107			146,500
Other — net		—			51
Total deferred tax liabilities		163,107			146,551
Net deferred tax liabilities	$	(51,770	)	$	(50,623	)