Summary of Significant Accounting Policies and Related Data (Tables)

Inventories, net were as follows (in thousands):


October 31	2021		2020
Raw materials and work in process	$	335,325	$	168,759
Finished goods and service parts	538,332		565,761
Total FIFO value	873,657		734,520
Less: adjustment to LIFO value	135,487		82,087
Total inventories, net	$	738,170	$	652,433

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


October 31	2021		2020
Land and land improvements	$	57,690	$	57,387
Buildings and leasehold improvements	308,217		301,848
Machinery and equipment	522,012		499,312
Tooling	220,966		231,142
Computer hardware and software	97,485		102,312
Construction in process	85,722		48,157
Property, plant and equipment, gross	1,292,092		1,240,158
Less: accumulated depreciation	804,361		772,239
Property, plant and equipment, net	$	487,731	$	467,919

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	2021	2020	2019
Basic
Weighted-average number of shares of common stock	107,336	107,647	106,762
Assumed issuance of contingent shares	5	11	11
Weighted-average number of shares of common stock outstanding – Basic	107,341	107,658	106,773

Diluted
Weighted-average number of shares of common stock outstanding – Basic	107,341	107,658	106,773
Effect of dilutive securities	1,132	1,005	1,317
Weighted-average number of shares of common stock outstanding – Diluted	108,473	108,663	108,090