GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)

12 Months Ended

Oct. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying amount of goodwill by operating segment

Our goodwill balance and changes in the carrying amount of goodwill by operating segment are as follows (in thousands):

	Engineered Building Systems		Metal Components			Metal Coil Coating		Total
Balance, November 2, 2014	$	5,200	$	70,026		$	—	$	75,226
Additions	9,110		73,571			—		82,681
Other, net	—		119			—		119
Balance, November 1, 2015	$	14,310	$	143,716		—		$	158,026
Purchase accounting adjustments(1)	—		(3,755		)	—		(3,755		)
Balance, October 30, 2016	$	14,310	$	139,961		$	—	$	154,271

(1) Includes immaterial error corrections related to the balance sheet and statement of operations as of and for the year ended November 1, 2015. These corrections related to the fair value of liabilities assumed in the acquisition of CENTRIA and resulted in a decrease in goodwill and current liabilities of $3.8 million and $3.0 million, respectively. The impact of these error corrections on net income for the fiscal year ended October 30, 2016 was a decrease of $0.5 million ($0.8 million, before tax). Management has assessed both quantitative and qualitative factors discussed in ASC Topic 250, Accounting Changes and Error Corrections, and Staff Accounting Bulletin 1.M, Materiality (SAB Topic 1.M) to determine that the correction of these misstatements qualifies as an immaterial error correction.

Intangible asset activity

The following table represents all our intangible assets activity for the fiscal years ended October 30, 2016 and November 1, 2015 (in thousands):

	Range of Life (Years)			October 30, 2016			November 1, 2015
Amortized intangible assets:
Cost:
Trade names		15		$	29,167		$	29,167
Customer lists and relationships	12	–	20	136,210			136,210
Non-competition agreements	5	–	10	8,132			8,132
Supplier relationships		3		150			150
Backlog		0.75		—			8,400
				$	173,659		$	182,059
Accumulated amortization:
Trade names				$	(8,768	)	$	(6,824	)
Customer lists and relationships				(23,295		)	(15,613		)
Non-competition agreements				(8,132		)	(8,132		)
Supplier relationships				(150		)	(150		)
Backlog				—			(8,400		)
				$	(40,345	)	$	(39,119	)
Net book value				$	133,314		$	142,940
Indefinite-lived intangible assets:
Trade names				13,455			13,455
Total intangible assets at net book value				$	146,769		$	156,395

Amortization expense over next five fiscal years

We expect to recognize amortization expense over the next five fiscal years as follows (in thousands):

2017	$	9,620
2018	9,620
2019	9,620
2020	9,327
2021	9,064