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FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Oct. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of fair value of derivatives and consolidated balance sheet location
The following table presents the fair value and location of the company’s derivative instruments on the Consolidated Balance Sheets (in thousands):
Fair Value as of October 31
 
2018
 
2017
Derivative assets:
 
 

 
 

Derivatives designated as cash flow hedging instruments:
 
 

 
 

Prepaid expenses and other current assets
 
 

 
 

Forward currency contracts
 
$
8,596

 
$
1,014

Derivatives not designated as cash flow hedging instruments:
 
 

 
 

Prepaid expenses and other current assets
 
 

 
 

Forward currency contracts
 
2,305

 
27

Total assets
 
$
10,901

 
$
1,041

Derivative liabilities:
 
 

 
 

Derivatives designated as cash flow hedging instruments:
 
 

 
 

Accrued liabilities
 
 

 
 

Forward currency contracts
 
$
—

 
$
1,563

Derivatives not designated as cash flow hedging instruments:
 
 

 
 

Accrued liabilities
 
 

 
 

Forward currency contracts
 
13

 
703

Total liabilities
 
$
13

 
$
2,266
Schedule of effects of the master netting arrangements on the fair value of the company's derivative contracts that are recorded in the Consolidated Balance Sheets
The following table shows the effects of the master netting arrangements on the fair value of the company’s derivative instruments that are recorded in the Consolidated Balance Sheets (in thousands):
Fair Value as of October 31
 
2018
 
2017
Derivative assets:
 
 

 
 

Forward currency contracts:
 
 

 
 

Gross amounts of recognized assets
 
$
10,901

 
$
1,055

Gross liabilities offset in the Consolidated Balance Sheets
 
—

 
(14
)
Net amounts of assets presented in the Consolidated Balance Sheets
 
$
10,901

 
$
1,041

Derivative liabilities:
 
 

 
 

Forward currency contracts:
 
 

 
 

Gross amounts of recognized liabilities
 
$
(13
)
 
$
(2,266
)
Gross assets offset in the Consolidated Balance Sheets
 
—

 
—

Net amounts of liabilities presented in the Consolidated Balance Sheets
 
$
(13
)
 
$
(2,266
)
Schedule of impact of derivative instruments on consolidated statements of earnings for derivatives designated as cash flow hedging instruments
The following table presents the impact and location of the amounts reclassified from AOCL into net earnings on the Consolidated Statements of Earnings and the impact of derivative instruments on the Consolidated Statements of Comprehensive Income for the company's derivatives designated as cash flow hedging instruments (in thousands):
 
 
Gain (Loss) Reclassified from AOCL into Income
 
Gain (Loss) Recognized in OCI on Derivatives
Fiscal Years Ended October 31
 
2018
 
2017
 
2018
 
2017
Derivatives designated as cash flow hedging instruments:
 
 
 
 
 
 
 
 
Forward currency contracts:
 
 
 
 
 
 
 
 
Net sales
 
$
(2,914
)
 
$
1,547

 
$
7,008

 
$
(2,007
)
Cost of sales
 
988

 
(1,156
)
 
132

 
1,849

Total derivatives designated as cash flow hedging instruments
 
$
(1,926
)
 
$
391

 
$
7,140

 
$
(158
)
The following tables present the impact and location of derivative instruments on the Consolidated Statements of Earnings for the company’s derivatives designated as cash flow hedging instruments and the related components excluded from effectiveness testing (in thousands):
 
 
Gain (Loss) Recognized in Earnings on Cash Flow Hedging Instruments
Fiscal Year Ended
October 31, 2018
 
Net Sales
 
Cost of Sales
 
Other Income, Net
Total Consolidated Statements of Earnings income (expense) amounts in which the effects of cash flow hedging instruments are recorded
 
$
2,618,650

 
$
(1,677,639
)
 
$
18,408

Gain (loss) on derivatives designated as cash flow hedging instruments:
 
 
 
 
 
 
Forward currency contracts:
 
 
 
 
 
 
Amount of gain (loss) reclassified from AOCL into earnings
 
(2,914
)
 
988

 
—

Gain (loss) on components excluded from effectiveness testing recognized in earnings based on changes in fair value
 
$
490

 
$
(369
)
 
$
—

 
 
Gain (Loss) Recognized in Earnings on Cash Flow Hedging Instruments
Fiscal Year Ended
October 31, 2017
 
Net Sales
 
Cost of Sales
 
Other Income, Net
Total Consolidated Statements of Earnings income (expense) amounts in which the effects of cash flow hedging instruments are recorded
 
$
2,505,176

 
$
(1,584,339
)
 
$
17,187

Gain (loss) on derivatives designated as cash flow hedging instruments:
 
 
 
 
 
 
Forward currency contracts:
 
 
 
 
 
 
Amount of gain (loss) reclassified from AOCL into earnings
 
1,547

 
(1,156
)
 
—

Gain on components excluded from effectiveness testing recognized in earnings based on changes in fair value
 
$
—

 
$
—

 
$
231
Schedule of impact of derivative instruments on consolidated statements of earnings for derivatives not designated as hedging instruments
The following table presents the impact and location of derivative instruments on the Consolidated Statements of Earnings for the company’s derivatives not designated as cash flow hedging instruments (in thousands):
Fiscal Years Ended October 31
 
2018
 
2017
Gain (loss) on derivative instruments not designated as cash flow hedging instruments:
 
 
 
 
Forward currency contracts:
 
 
 
 
Other income, net
 
$
2,930

 
$
(4,251
)
Total gain (loss) on derivatives not designated as cash flow hedging instruments
 
$
2,930

 
$
(4,251
)