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Operating Segments (Tables)
3 Months Ended
Jan. 31, 2017
Segment Reporting [Abstract]  
Segments

The following table presents information about our segments:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adhesive Dispensing Systems

 

 

Advanced Technology Systems

 

 

Industrial Coating Systems

 

 

Corporate

 

 

Total

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 31, 2017

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

207,837

 

 

$

145,360

 

 

$

54,273

 

 

$

 

 

$

407,470

 

Operating profit (loss)

 

 

53,056

 

(a)

 

26,363

 

 

 

7,085

 

 

 

(10,586

)

 

 

75,918

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 31, 2016

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

203,439

 

 

$

117,860

 

 

$

50,921

 

 

$

 

 

$

372,220

 

Operating profit (loss)

 

 

50,360

 

(a)

 

7,973

 

(b)

 

4,178

 

(c)

 

(10,533

)

 

 

51,978

 

 

 

(a)

Includes $227 and $480 of severance and restructuring costs in the three months ended January 31, 2017, and January 31, 2016, respectively.

 

(b)

Includes $510 of severance and restructuring costs in the three months ended January 31, 2016.

 

(c)

Includes $27 of severance and restructuring costs in the three months ended January 31, 2016. 

Reconciliation of Segment Operating Income to Consolidated Income Before Income Taxes

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

 

 

 

Three Months Ended

 

 

 

January 31, 2017

 

 

January 31, 2016

 

Total profit for reportable segments

 

$

75,918

 

 

$

51,978

 

Interest expense

 

 

(5,641

)

 

 

(5,844

)

Interest and investment income

 

 

273

 

 

 

138

 

Other-net

 

 

(157

)

 

 

802

 

Income before income taxes

 

$

70,393

 

 

$

47,074

 

 

Sales and Long-lived Asset Information by Geographic Regions

 

We have significant sales in the following geographic regions:

 

 

 

Three Months Ended

 

 

 

January 31, 2017

 

 

January 31, 2016

 

United States

 

$

125,521

 

 

$

117,391

 

Americas

 

 

30,042

 

 

 

26,707

 

Europe

 

 

119,159

 

 

 

119,718

 

Japan

 

 

24,177

 

 

 

19,503

 

Asia Pacific

 

 

108,571

 

 

 

88,901

 

Total net external sales

 

$

407,470

 

 

$

372,220