Shareholders' Equity

12 Months Ended

Nov. 03, 2012

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders' Equity

The authorized capital stock of the Company consists of 55,000,000 shares of $0.75 par value common stock and 4,000,000 shares of $1 par value preferred stock. At November 3, 2012, the Company had 30,801,994 common shares outstanding and 2,329,852 shares of common stock as treasury shares, which are primarily utilized for issuance of common stock shares under the Company's stock-based compensation plans.

During 2012, 219,763 common stock shares were issued from treasury for issuance under the Company's stock-based compensation plan. During 2011, 127,312 common stock shares were issued from treasury for issuance under the Company's stock-based compensation plan. See Note 9 for further information. No stock repurchases occurred in 2012 or 2011.