Acquisitions (Tables)

12 Months Ended

Oct. 31, 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		26,742
Inventories		14,279
Prepaid expenses		3,079
Property, plant and equipment		34,319
Goodwill		434,625
Intangible assets		286,000
Other assets		343
Total assets acquired	$	802,700
Liabilities assumed:
Current liabilities		19,130
Deferred tax liabilities		64,531
Total liabilities assumed	$	83,661
Net assets acquired	$	719,039

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 is 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 effected on the date indicated, nor are they necessarily indicative of our future results of operations.

	Twelve Months Ended
	October 31, 2017		October 31, 2016
Sales	$	2,132,417	$	1,939,525
Net income		294,891		260,991
Diluted earnings per share		5.07		4.54