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Operating Segments (Tables)
9 Months Ended
Jul. 31, 2020
Segment Reporting [Abstract]  
Segments

The following table presents information about our segments:

 

 

 

Industrial

Precision

Solutions

 

 

Advanced

Technology

Solutions

 

 

Corporate

 

 

Total

 

Three months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

288,965

 

 

$

249,216

 

 

$

 

 

$

538,181

 

Operating profit (loss)

 

 

74,744

 

 

 

49,952

 

 

 

(12,641

)

 

 

112,055

 

July 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

306,648

 

 

$

253,098

 

 

$

 

 

$

559,746

 

Operating profit (loss)

 

 

88,811

 

 

 

53,562

 

 

 

(12,097

)

 

 

130,276

 

Nine months ended

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

July 31, 2020

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

835,038

 

 

$

727,537

 

 

$

 

 

$

1,562,575

 

Operating profit (loss)

 

 

207,603

 

 

 

140,928

 

 

 

(36,354

)

 

 

312,177

 

July 31, 2019

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net external sales

 

$

871,925

 

 

$

736,850

 

 

$

 

 

$

1,608,775

 

Operating profit (loss)

 

 

229,702

 

 

 

150,882

 

 

 

(37,131

)

 

 

343,453

 

 

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

 

 

Nine Months Ended

 

 

 

July 31, 2020

 

 

July 31, 2019

 

 

July 31, 2020

 

 

July 31, 2019

 

Total profit for reportable segments

 

$

112,055

 

 

$

130,276

 

 

$

312,177

 

 

$

343,453

 

Interest expense

 

 

(7,314

)

 

 

(11,500

)

 

 

(25,348

)

 

 

(36,238

)

Interest and investment income

 

 

434

 

 

 

511

 

 

 

1,301

 

 

 

1,153

 

Other-net

 

 

(9,668

)

 

 

210

 

 

 

(12,943

)

 

 

(4,546

)

Income before income taxes

 

$

95,507

 

 

$

119,497

 

 

$

275,187

 

 

$

303,822

 

Sales and Long-lived Asset Information by Geographic Regions

 

We have significant sales in the following geographic regions:

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

July 31, 2020

 

 

July 31, 2019

 

 

July 31, 2020

 

 

July 31, 2019

 

United States

 

$

183,508

 

 

$

190,460

 

 

$

560,941

 

 

$

551,510

 

Americas

 

 

38,265

 

 

 

47,040

 

 

 

106,021

 

 

 

123,159

 

Europe

 

 

132,107

 

 

 

143,449

 

 

 

394,554

 

 

 

425,650

 

Japan

 

 

31,226

 

 

 

30,488

 

 

 

90,353

 

 

 

89,566

 

Asia Pacific

 

 

153,075

 

 

 

148,309

 

 

 

410,706

 

 

 

418,890

 

Total net external sales

 

$

538,181

 

 

$

559,746

 

 

$

1,562,575

 

 

$

1,608,775