STOCKHOLDERS' EQUITY

12 Months Ended

Oct. 31, 2017

Stockholders' Equity Note [Abstract]

STOCKHOLDERS' EQUITY

Shares have been adjusted for prior periods presented to reflect a two-for-one stock split effective September 16, 2016.

Stock Repurchase Program

On December 3, 2015, the company's Board of Directors authorized the repurchase of 8,000,000 shares of the company's common stock in open-market or in privately negotiated transactions. This repurchase program has no expiration date but may be terminated by the company's Board of Directors at any time.

During fiscal 2017, 2016, and 2015, the company paid $159,354, $109,986, and $105,964 to repurchase an aggregate of 2,710,837 shares, 2,625,913 shares, and 3,122,358 shares, respectively, under the Board's authorized stock repurchase program. As of October 31, 2017, 4,981,878 shares remained authorized by the company's Board of Directors for repurchase. The Board of Directors authorized shares for repurchase does not include shares of the company's common stock surrendered by employees to satisfy minimum tax withholding obligations upon vesting of certain equity securities granted under the company's stock-based compensation plans.

Treasury Shares

As of October 31, 2017, the company had a total of 21,245,028 treasury shares at a cost of $1,369,548. As of October 31, 2016, the company had a total of 19,700,607 treasury shares at a cost of $1,280,495.

Accumulated Other Comprehensive Loss

Components of accumulated other comprehensive loss ("AOCL"), net of tax, within the Consolidated Statements of Stockholders' Equity are as follows:

As of October 31	2017		2016		2015
Foreign currency translation adjustments	$	21,303	$	31,430	$	24,328
Pension and post-retirement benefits	2,012		6,359		5,386
Derivative instruments	805		647		129
Total accumulated other comprehensive loss	$	24,120	$	38,436	$	29,843

The components and activity of AOCL are as follows:

	Foreign Currency Translation Adjustments			Pension and Post-Retirement Benefits			Cash Flow Derivative Instruments			Total
Balance as of October 31, 2016	$	31,430		$	6,359		$	647		$	38,436
Other comprehensive income before reclassifications	(10,127		)	(4,347		)	(233		)	(14,707		)
Amounts reclassified from AOCL	—			—			391			391
Net current period other comprehensive (income) loss	(10,127		)	(4,347		)	158			(14,316		)
Balance as of October 31, 2017	$	21,303		$	2,012		$	805		$	24,120

	Foreign Currency Translation Adjustments		Pension and Post-Retirement Benefits		Cash Flow Derivative Instruments			Total
Balance as of October 31, 2015	$	24,328	$	5,386	$	129		$	29,843
Other comprehensive loss before reclassifications	7,102		973		1,116			9,191
Amounts reclassified from AOCL	—		—		(598		)	(598		)
Net current period other comprehensive loss	7,102		973		518			8,593
Balance as of October 31, 2016	$	31,430	$	6,359	$	647		$	38,436

For additional information on the components of AOCL associated with pension and post-retirement benefits refer to Note 11. For additional information on the components reclassified from AOCL to the respective line items in net earnings for derivative instruments refer to Note 14.