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Segment Data (Tables)
6 Months Ended
Apr. 29, 2022
Segment Reporting [Abstract]  
Summarized Financial Information Concerning Reportable Segments
The following tables present summarized financial information concerning the company’s reportable business segments and Other activities (in thousands):
Three Months Ended April 29, 2022ProfessionalResidentialOtherTotal
Net sales$925,810 $319,675 $3,993 $1,249,478 
Intersegment gross sales (eliminations)7,348 20 (7,368)— 
Earnings (loss) before income taxes$165,370 $37,095 $(37,409)$165,056 
Six Months Ended April 29, 2022ProfessionalResidentialOtherTotal
Net sales$1,598,695 $575,077 $8,356 $2,182,128 
Intersegment gross sales (eliminations)12,765 35 (12,800)— 
Earnings (loss) before income taxes258,642 68,855 (75,294)252,203 
Total assets$2,589,796 $477,926 $411,584 $3,479,306 
Three Months Ended April 30, 2021ProfessionalResidentialOtherTotal
Net sales$828,358 $315,035 $5,714 $1,149,107 
Intersegment gross sales (eliminations)9,151 10 (9,161)— 
Earnings (loss) before income taxes$167,132 $45,986 $(35,875)$177,243 
Six Months Ended April 30, 2021ProfessionalResidentialOtherTotal
Net sales$1,478,581 $532,735 $10,777 $2,022,093 
Intersegment gross sales (eliminations)15,793 26 (15,819)— 
Earnings (loss) before income taxes283,948 78,094 (48,973)313,069 
Total assets$1,980,708 $365,040 $650,361 $2,996,109 
Summary of Components of Loss Before Income Taxes Included in Other Segment
The following table presents the details of operating loss before income taxes for the company's Other activities:
 Three Months EndedSix Months Ended
(Dollars in thousands)April 29, 2022April 30, 2021April 29, 2022April 30, 2021
Corporate expenses$(30,715)$(33,714)$(63,543)$(45,017)
Interest expense(8,024)(7,124)(15,037)(14,646)
Earnings from wholly-owned domestic distribution companies and other income, net1,330 4,963 3,286 10,690 
Total operating loss$(37,409)$(35,875)$(75,294)$(48,973)