Segment Information

12 Months Ended

Oct. 25, 2013

Segment Reporting [Abstract]

Segment Information

Segment Information

We operate in two reportable segments: Underground Mining Machinery and Surface Mining Equipment. Crushing and conveying operating results related to surface applications are reported as part of the Surface Mining Equipment segment, while total crushing and conveying operating results are included with the Underground Mining Machinery segment. Eliminations consist of the surface applications of crushing and conveying included in both operating segments. On June 22, 2011, we acquired LeTourneau. LeTourneau historically operated in three business segments: mining equipment, steel products and drilling products. The results of operations for LeTourneau’s mining equipment and steel products have been included in the Surface Mining Equipment segment since June 22, 2011. The drilling products segment was sold on October 24, 2011, and the results of operations for the drilling products segment have been classified as discontinued operations. On December 29, 2011, we acquired control of IMM. IMM is a leading designer and manufacturer of underground coal mining equipment in China. The results of operations for IMM have been included in the Underground Mining Machinery segment since December 29, 2011.

Operating income (loss) of segments does not include interest income and expense, reorganization items, corporate administration expenses and the provision for income taxes. Identifiable assets are those used in our operations in each segment. Corporate assets consist primarily of cash and cash equivalents, property, plant and equipment and deferred financing costs. The accounting policies of the segments are the same as those described in Note 2, Significant Accounting Policies.

In thousands	Underground Mining Machinery		Surface Mining Equipment		Corporate			Eliminations			Total
Year Ended October 25, 2013
Net sales	$	2,691,039	$	2,494,678	$	—		$	(173,020	)	$	5,012,697
Operating income (loss)	$	367,233	$	525,314	$	(25,652	)	$	(45,234	)	$	821,661
Interest income	—		—		8,781			—			8,781
Interest expense	—		—		(66,285		)	—			(66,285		)
Income (loss) from continuing operations before income taxes	$	367,233	$	525,314	$	(83,156	)	$	(45,234	)	$	764,157
Depreciation and amortization	$	60,042	$	50,512	$	2,965		$	—		$	113,519
Capital expenditures	$	73,286	$	71,643	$	8,489		$	—		$	153,418
Total assets	$	3,676,120	$	1,917,717	$	195,745		$	—		$	5,789,582
Year Ended October 26, 2012
Net sales	$	3,107,488	$	2,737,488	$	—		$	(184,087	)	$	5,660,889
Operating income (loss)	$	671,797	$	592,687	$	(51,079	)	$	(40,846	)	$	1,172,559
Interest income	—		—		5,831			—			5,831
Interest expense	—		—		(73,259		)	—			(73,259		)
Income (loss) from continuing operations before income taxes	$	671,797	$	592,687	$	(118,507	)	$	(40,846	)	$	1,105,131
Depreciation and amortization	$	90,339	$	59,887	$	2,614		$	—		$	152,840
Capital expenditures	$	129,928	$	109,325	$	2,274		$	—		$	241,527
Total assets	$	3,881,583	$	2,158,405	$	102,515		$	—		$	6,142,503
Year Ended October 28, 2011
Net sales	$	2,576,625	$	1,959,353	$	—		$	(132,072	)	$	4,403,906
Operating income (loss)	$	595,262	$	422,472	$	(65,693	)	$	(31,862	)	$	920,179
Interest Income	—		—		13,869			—			13,869
Interest expense	—		—		(38,180		)	—			(38,180		)
Reorganization items	—		—		(35		)	—			(35		)
Income before income taxes	$	595,262	$	422,472	$	(90,039	)	$	(31,862	)	$	895,833
Depreciation and amortization	$	40,537	$	38,339	$	234		$	—		$	79,110
Capital expenditures	$	50,701	$	59,022	$	800		$	—		$	110,523
Total assets	$	2,022,553	$	1,936,246	$	1,467,555		$	—		$	5,426,354

Geographical Information
In thousands	Total Sales			Interarea Sales			Sales to Unaffiliated Customers		Operating Income (Loss)			Long Lived Assets
Year Ended October 25, 2013
United States	$	2,801,138		$	(840,823	)	$	1,960,315	$	345,862		$	493,379
Europe	725,835			(439,274		)	286,561		62,480			65,739
Australia	963,842			(24,375		)	939,467		154,518			116,563
Other Foreign Locations	1,948,886			(122,532		)	1,826,354		329,687			412,493
Interarea Eliminations	(1,427,004		)	1,427,004			—		(45,234		)	—
	$	5,012,697		$	—		$	5,012,697	$	847,313		$	1,088,174
Year Ended October 26, 2012
United States	$	3,238,196		$	(940,980	)	$	2,297,216	$	586,808		$	411,734
Europe	684,704			(281,797		)	402,907		83,887			50,837
Australia	1,088,654			(26,887		)	1,061,767		181,914			74,484
Other Foreign Locations	2,001,149			(102,150		)	1,898,999		411,875			382,931
Interarea Eliminations	(1,351,814		)	1,351,814			—		(40,846		)	—
	$	5,660,889		$	—		$	5,660,889	$	1,223,638		$	919,986
Year Ended October 28, 2011
United States	$	2,815,722		$	(804,206	)	$	2,011,516	$	589,837		$	332,892
Europe	515,817			(190,188		)	325,629		74,085			42,470
Australia	727,598			(23,282		)	704,316		121,883			46,038
Other Foreign Locations	1,425,999			(63,554		)	1,362,445		311,901			159,894
Interarea Eliminations	(1,081,230		)	1,081,230			—		(111,834		)	—
	$	4,403,906		$	—		$	4,403,906	$	985,872		$	581,294

Product Information
In thousands	October 25, 2013		October 26, 2012		October 28, 2011
Original equipment	$	2,254,400	$	2,709,944	$	1,785,380
Aftermarket	2,758,297		2,950,945		2,618,526
Total revenues	$	5,012,697	$	5,660,889	$	4,403,906