Summary of Significant Accounting Policies and Related Data (Tables)

Inventories, net were as follows (in thousands):


October 31	2020		2019
Raw materials and work in process	$	168,759	$	179,967
Finished goods and service parts	565,761		553,767
Total FIFO value	734,520		733,734
Less: adjustment to LIFO value	82,087		82,071
Total inventories, net	$	652,433	$	651,663

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


October 31	2020		2019
Land and land improvements	$	57,387	$	55,613
Buildings and leasehold improvements	301,848		276,556
Machinery and equipment	499,312		453,314
Tooling	231,142		226,870
Computer hardware and software	102,312		94,409
Construction in process	48,157		34,937
Property, plant and equipment, gross	1,240,158		1,141,699
Less: accumulated depreciation	772,239		704,382
Property, plant and equipment, net	$	467,919	$	437,317

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):


Fiscal Years Ended October 31	2020	2019	2018
Basic
Weighted-average number of shares of common stock	107,647	106,762	106,356
Assumed issuance of contingent shares	11	11	13
Weighted-average number of shares of common stock outstanding – Basic	107,658	106,773	106,369

Diluted
Weighted-average number of shares of common stock outstanding – Basic	107,658	106,773	106,369
Effect of dilutive securities	1,005	1,317	2,288
Weighted-average number of shares of common stock outstanding – Diluted	108,663	108,090	108,657