Operating Segments (Tables)

9 Months Ended

Jul. 31, 2018

The following table presents information about our segments:

	Adhesive Dispensing Systems			Advanced Technology Systems		Industrial Coating Systems		Corporate			Total
Three months ended
July 31, 2018
Net external sales	$	244,728		$	266,595	$	69,920	$	—		$	581,243
Operating profit (loss)		68,490	(a)		67,158		15,179		(15,251	)		135,576
Three months ended
July 31, 2017
Net external sales	$	233,367		$	290,406	$	65,665	$	—		$	589,438
Operating profit (loss)		66,451	(b)		87,385		13,192		(13,562	)		153,466
Nine months ended
July 31, 2018
Net external sales	$	704,367		$	789,135	$	191,871	$	—		$	1,685,373
Operating profit (loss)		191,319	(a)		192,732		36,911		(40,958	)		380,004
Nine months ended
July 31, 2017
Net external sales	$	668,146		$	645,907	$	178,991	$	—		$	1,493,044
Operating profit (loss)		185,226	(b)		168,054		30,529		(50,895	)		332,914

(a)

Includes $1,490 and $3,639 of severance and restructuring costs in the three and nine months ended July 31, 2018, respectively.

(b)

Includes $703 and $1,421 of severance and restructuring costs in the three and nine months ended July 31, 2017, respectively.

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, 2018			July 31, 2017			July 31, 2018			July 31, 2017
Total profit for reportable segments	$	135,576		$	153,466		$	380,004		$	332,914
Interest expense		(13,765	)		(11,306	)		(37,210	)		(24,854	)
Interest and investment income		356			268			865			813
Other-net		528			27			673			(1,452	)
Income before income taxes	$	122,695		$	142,455		$	344,332		$	307,421

We have significant sales in the following geographic regions: