SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND RELATED DATA (Tables)

12 Months Ended

Oct. 31, 2018

Inventories were as follows (in thousands):



October 31	2018		2017
Raw materials and work in process	$	115,280	$	100,077
Finished goods and service parts	315,179		295,716
Total FIFO value	430,459		395,793
Less: adjustment to LIFO value	72,200		66,801
Total inventories, net	$	358,259	$	328,992

Property, plant and equipment was as follows (in thousands):



October 31	2018		2017
Land and land improvements	$	39,607	$	38,060
Buildings and leasehold improvements	209,686		194,995
Machinery and equipment	349,550		349,976
Tooling	211,756		197,299
Computer hardware and software	83,338		88,152
Construction in process	35,044		17,132
Subtotal	928,981		885,614
Less: accumulated depreciation	657,522		650,384
Total property, plant, and equipment, net	$	271,459	$	235,230

The changes in accrued warranties were as follows (in thousands):

Reconciliations of basic and diluted weighted-average shares of common stock outstanding are as follows (in thousands):



(Shares in thousands)	2018	2017	2016
Basic
Weighted-average number of shares of common stock	106,356	108,299	109,816
Assumed issuance of contingent shares	13	13	18
Weighted-average number of shares of common stock and assumed issuance of contingent shares	106,369	108,312	109,834

Diluted
Weighted-average number of shares of common stock and assumed issuance of contingent shares	106,369	108,312	109,834
Effect of dilutive securities	2,288	2,940	2,153
Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities	108,657	111,252	111,987