FINANCIAL INSTRUMENTS (Tables)

12 Months Ended

Oct. 31, 2011

FINANCIAL INSTRUMENTS

Fair value of the company's derivatives and consolidated balance sheet location

The following table presents the fair value of the company's derivatives and consolidated balance sheet location.

Asset Derivatives

Liability Derivatives

October 31, 2011

October 31, 2010

October 31, 2011

October 31, 2010

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Balance Sheet Location

Fair Value

Derivatives Designated as Hedging Instruments

Foreign exchange contracts

Prepaid expenses

$

–

Prepaid expenses

$

–

Accrued liabilities

$

563

Accrued liabilities

$

3,886

Derivatives Not Designated as Hedging Instruments

Foreign exchange contracts

Prepaid expenses

–

Prepaid expenses

–

Accrued liabilities

2,587

Accrued liabilities

2,626

Total Derivatives

$

–

$

–

$

3,150

$

6,512

Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designed as cash flow hedging instruments

The following table presents the impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designated as cash flow hedging instruments for the fiscal years ended October 31, 2011 and 2010, respectively.

	Gain (Loss) Recognized in OCI on Derivatives (Effective Portion)						Location of Gain (Loss) Reclassified from AOCL into Income (Effective Portion)	Gain (Loss) Reclassified from AOCL into Income (Effective Portion)						Location of Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion and excluded from Effectiveness Testing)	Gain (Loss) Recognized in Income on Derivatives (Ineffective Portion and Excluded from Effectiveness Testing)
Fiscal years ended		October 31, 2011			October 31, 2010				October 31, 2011			October 31, 2010				October 31, 2011			October 31, 2010
Foreign exchange contracts	$	4,001		$	(6,177	)	Net sales	$	(6,254	)	$	(1,294	)	Other income (expense), net	$	(1,049	)	$	(55	)
Foreign exchange contracts		(1,335	)		976		Cost of sales		919			272
Total	$	2,666		$	(5,201	)		$	(5,335	)	$	(1,022	)

Impact of derivatives not designated as hedges on the consolidated statements of earnings

 The following table presents the impact of derivative instruments on the consolidated statements of earnings for the company's derivatives not designated as hedging instruments.

		Gain (Loss) Recognized in Net Earnings Fiscal Year Ended
	Location of Gain (Loss) Recognized in Net Earnings		October 31, 2011			October 31, 2010
Foreign exchange contracts	Other income (expense), net	$	(6,867	)	$	1,619

Assets and liabilities measured at fair value on a recurring basis

 Assets and liabilities measured at fair value on a recurring basis, as of October 31, 2011 and 2010, respectively, are summarized below:

October 31, 2011		Fair Value		Level 1		Level 2	Level 3
Assets:
Cash and cash equivalents	$	80,886	$	80,886		–	–
Total assets	$	80,886	$	80,886		–	–
Liabilities:
Foreign exchange contracts	$	3,150		–	$	3,150	–
Deferred compensation liabilities		4,297		–		4,297	–
Total liabilities	$	7,447		–	$	7,447	–

October 31, 2010		Fair Value		Level 1		Level 2	Level 3
Assets:
Cash and cash equivalents	$	177,366	$	177,366		–	–
Total assets	$	177,366	$	177,366		–	–
Liabilities:
Foreign exchange contracts	$	6,512		–	$	6,512	–
Deferred compensation liabilities		4,994		–		4,994	–
Total liabilities	$	11,506		–	$	11,506	–

Assets measured at fair value on a nonrecurring basis, acquisition of Lawn Solutions and Unique Lighting

 Assets and liabilities measured at fair value on a nonrecurring basis related to the company's acquisitions of Lawn Solutions and Unique Lighting, as of October 31, 2011, are summarized below:

		Fair Value	Level 1	Level 2		Level 3
Assets:
Trade name	$	1,500	–	–	$	1,500	a
Patents		700	–	–		700	a
Non-compete agreements		3,100	–	–		3,100	a
Customer list		713	–	–		713	b
Developed technology		11,250	–	–		11,250	a
Total assets	$	17,263	–	–	$	17,263