ACQUISITION (Tables)

6 Months Ended

May 03, 2015

Business Acquisition, Pro Forma Information [Table Text Block]

The following table shows our unaudited pro forma financial information for the three and six month periods ended May 3, 2015 and May 4, 2014 (in thousands, expect per share amounts):

	Unaudited Pro Forma
	Fiscal Three Months Ended				Fiscal Six Months Ended
	May 3, 2015		May 4, 2014		May 3, 2015		May 4, 2014
Sales	$	360,147	$	359,290	$	727,560	$	720,485
Net income (loss)		(7,101)		(8,709)		(10,947)		(15,136)
Income (loss) per common share
Basic		(0.10)		(0.12)		(0.15)		(0.21)
Diluted	$	(0.10)	$	(0.12)	$	(0.15)	$	(0.21)

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as part of the CENTRIA Acquisition as of January 16, 2015. The fair value of all assets acquired and liabilities assumed are preliminary and the final determination of any required acquisition method adjustments will be made upon the completion of our fair value assessments. As a result, the initial purchase price allocations may be adjusted for changes in estimates of the fair value of assets acquired and liabilities assumed.

(In thousands)	January 16, 2015
Current assets	$	80,114
Property, plant and equipment		34,127
Intangible assets		92,030
Assets acquired	$	206,271
Current liabilities	$	65,173
Other liabilities		8,312
Liabilities assumed	$	73,485
Fair value of net assets acquired	$	132,786
Total consideration paid		255,841
Goodwill	$	123,055

Schedule of Finite-Lived Intangible Assets Acquired as Part of Business Combination [Table Text Block]

The amount allocated to intangible assets was attributed to the following categories (in thousands):

			Useful Lives
Backlog	$	7,000	9 months
Trade names		15,620	15 years
Customer lists and relationships		69,410	20 years
	$	92,030

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]

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

May 4, 2015 to November 1, 2015	$	8,001
2016		7,428
2017		7,428
2018		7,428
2019		7,428