Operating Segments (Tables)

9 Months Ended

Jul. 31, 2015

The following table presents information about our reportable segments:

	Adhesive Dispensing Systems			Advanced Technology Systems			Industrial Coating Systems		Corporate			Total
Three months ended
July 31, 2015
Net external sales	$	211,649		$	184,888		$	66,194	$	—		$	462,731
Operating profit (loss)		54,854			44,633	(a)		12,326		(8,963	)		102,850
Three months ended
July 31, 2014
Net external sales	$	226,762		$	174,636		$	57,152	$	—		$	458,550
Operating profit (loss)		60,806			56,444			7,471		(10,266	)		114,455
Nine months ended
July 31, 2015
Net external sales	$	609,135		$	446,588		$	186,743	$	—		$	1,242,466
Operating profit (loss)		148,963			96,221	(a)		27,604		(30,706	)		242,082
Nine months ended
July 31, 2014
Net external sales	$	668,187		$	399,805		$	167,439	$	—		$	1,235,431
Operating profit (loss)		171,425	(b)		97,664	(c)		21,762		(29,703	)		261,148

(a)

Includes $2,319 of severance and restructuring costs in the three and nine months ended July 31, 2015.

(b)

Includes $699 of severance and restructuring costs in the nine months ended July 31, 2014.

(c)

Includes $579 of severance and restructuring costs in the nine months ended July 31, 2014.

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

	Three Months Ended						Nine Months Ended
	July 31, 2015			July 31, 2014			July 31, 2015			July 31, 2014
Total profit for reportable segments	$	102,850		$	114,455		$	242,082		$	261,148
Interest expense		(4,504	)		(3,810	)		(12,907	)		(10,917	)
Interest and investment income		111			137			349			466
Other-net		2			(236	)		(787	)		(851	)
Income before income taxes	$	98,459		$	110,546		$	228,737		$	249,846

We have significant sales in the following geographic regions: