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Operating Segments (Tables)
3 Months Ended
Jan. 31, 2020
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, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

207,225

 

 

$

231,117

 

 

$

56,574

 

 

$

 

 

$

494,916

 

Operating profit (loss)

 

 

48,618

 

 

 

32,287

 

 

 

7,786

 

 

 

(13,598

)

 

 

75,093

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

January 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

211,517

 

 

$

234,458

 

 

$

51,935

 

 

$

 

 

$

497,910

 

Operating profit (loss)

 

 

47,892

 

 

 

40,785

 

 

 

7,516

 

 

 

(11,912

)

 

 

84,281

 

 

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, 2020

 

 

January 31, 2019

 

Total profit for reportable segments

 

$

75,093

 

 

$

84,281

 

Interest expense

 

 

(9,740

)

 

 

(12,365

)

Interest and investment income

 

 

588

 

 

 

316

 

Other-net

 

 

(2,846

)

 

 

(4,189

)

Income before income taxes

 

$

63,095

 

 

$

68,043

 

Sales and Long-lived Asset Information by Geographic Regions

 

We have significant sales in the following geographic regions:

 

 

 

Three Months Ended

 

 

 

January 31, 2020

 

 

January 31, 2019

 

United States

 

$

188,500

 

 

$

170,350

 

Americas

 

 

31,083

 

 

 

32,437

 

Europe

 

 

126,391

 

 

 

132,675

 

Japan

 

 

27,552

 

 

 

29,047

 

Asia Pacific

 

 

121,390

 

 

 

133,401

 

Total net external sales

 

$

494,916

 

 

$

497,910