XML 39 R25.htm IDEA: XBRL DOCUMENT v3.7.0.1
Subsequent Event
6 Months Ended
Apr. 30, 2017
Subsequent Events [Abstract]  
Subsequent Events [Text Block]
Subsequent Events

On May 22, 2017, the Company completed the divestiture of its joint venture in China through Shiloh Holdings Hong Kong Limited, a company organized and existing under the laws of Hong Kong ("Shiloh HK"), whereby Shiloh HK owned a 55% equity interest.  Pursuant to an Equity Transfer Agreement, the Company received cash proceeds of $1,170 from Suzhou Sanji Foundry Equipment Co., Ltd., a company incorporated and existing under the laws of the People’s Republic of China.  As a result of such payment, Shiloh HK no longer holds any equity interests in the joint venture.