Acquisitions (Tables)

6 Months Ended

Apr. 30, 2017

Summary of Preliminary Fair Values of the Assets Acquired and Liabilities Assumed at the Acquisition Date

The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed at the acquisition date:

Assets acquired:
Cash	$	3,313
Receivables		25,191
Inventories		15,150
Prepaid expenses		3,079
Property, plant and equipment		34,032
Goodwill		465,544
Intangible assets		285,000
Other noncurrent assets		16,849
Total assets acquired	$	848,158
Liabilities assumed:
Current liabilities		38,025
Deferred tax liabilities		91,679
Total liabilities assumed	$	129,704
Net assets acquired	$	718,454

Vention [Member]

Schedule of Pro Forma Financial Information on Vention Acquisition

The following unaudited pro forma financial information for 2017 and 2016 assumes the Vention acquisition occurred as of the beginning of 2016 and are based on our historical financial statements and those of Vention. The pro forma results have been prepared for comparative purposes only and are not necessarily indicative of the results of operations which may occur in the future or that would have occurred had the acquisition of Vention been affected on the date indicated, nor are they necessarily indicative of our future results of operations.

	Six Months Ended
	April 30, 2017		April 30, 2016
Sales	$	969,042	$	870,397
Net income		113,529		106,219
Diluted earnings per share		1.95		1.85