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Employee Benefit Plan (Tables)
 12 Months Ended
Oct. 31, 2017
Defined Benefit Plan [Abstract]  
Obligations and Funded Status
Obligations and Funded Status U.S. Plans at October 31
 
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2017
 
2016
Change in benefit obligation:
 
 
 
 
 
 
 
Benefit obligation at beginning of year
$
(90,784
)
 
$
(86,827
)
 
$
(372
)
 
$
(423
)
Interest cost
(3,282
)
 
(3,566
)
 
(13
)
 
(16
)
Actuarial gain (loss)
576

 
(5,100
)
 
28

 
20

Benefits paid
4,427

 
4,709

 
44

 
47

Benefit obligation at end of year
(89,063
)
 
(90,784
)
 
(313
)
 
(372
)
Change in plan assets:
 
 
 
 
 
 
 
Fair value of plan assets at beginning of year
64,458

 
66,655

 
—

 
—

Actual return on plan assets
9,184

 
1,562

 
—

 
—

Employer contributions
—

 
950

 
44

 
47

Benefits paid
(4,427
)
 
(4,709
)
 
(44
)
 
(47
)
Fair value of plan assets at end of year
69,215

 
64,458

 
—

 
—

Funded status, benefit obligations in excess of plan assets
$
(19,848
)
 
$
(26,326
)
 
$
(313
)
 
$
(372
)
Amounts Recorded in the Liability Section of the Consolidated Balance Sheet
The above amounts are recorded in the liabilities section of the consolidated balance sheets as follows:  
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2017
 
2016
Other accrued expenses (1)
$
—

 
$
(4,120
)
 
$
(38
)
 
$
(42
)
Long-term benefit liabilities
(19,848
)
 
(22,206
)
 
(275
)
 
(330
)
Total
$
(19,848
)
 
$
(26,326
)
 
$
(313
)
 
$
(372
)
 
 
 
 
 
 
 
 
Components of Net Periodic Benefit Cost
Components of Net Periodic Benefit Cost U.S. Plans
 
 
 
 
 
 
 
 
 
 
 
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Interest cost
$
3,282

 
$
3,566

 
$
3,466

 
$
13

 
$
16

 
$
24

Expected return on plan assets
(3,455
)
 
(4,568
)
 
(4,698
)
 
—

 
—

 
—

Amortization of net actuarial loss
1,508

 
1,239

 
1,186

 
10

 
12

 
28

Net periodic benefit cost
$
1,335

 
$
237

 
$
(46
)
 
$
23

 
$
28

 
$
52
Amortization of Net Actuarial Loss
We expect to recognize in the consolidated statements of operations the following amounts that will be amortized from accumulated other comprehensive loss in fiscal 2018.
 
 
 
 
 
Pension Benefits
 
Other Post Retirement Benefits
Amortization of net actuarial loss
$
(1,311
)
 
$
(7
)
 
 
 
 
Net Actuarial Loss in Other Comprehensive Income
We have recognized the following cumulative pre-tax actuarial losses, prior service costs and transition obligations in accumulated other comprehensive loss:
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Net actuarial loss
$
43,982

 
$
51,795

 
$
84

 
$
122

 
 
 
 
 
 
 
 
Recognized in accumulated other comprehensive loss
$
43,982

 
$
51,795

 
$
84

 
$
122

 
 
 
 
 
 
 
 
The following table provides additional details of the amounts recognized into net earnings from accumulated other comprehensive loss, net of tax:
 
 
 
Pension and Post Retirement Plan Liability (1)
 
Marketable Securities Adjustment
 
Interest Rate Swap Adjustment (2)
 
Foreign Currency Translation Adjustment (3)
 
Accumulated Other Comprehensive Loss
Balance at October 31, 2015
 
$
(28,809
)
 
$
(341
)
 
$
(3,176
)
 
$
(17,723
)
 
$
(50,049
)
 
Other comprehensive loss
 
(8,087
)
 
(125
)
 
(1,466
)
 
(3,031
)
 
(12,709
)
 
Amounts reclassified from accumulated other comprehensive loss, net of tax
 
4,237

 
—

 
1,530

 
529

 
6,296

 
Net current-period other comprehensive income (loss)
 
(3,850
)
 
(125
)
 
64

 
(2,502
)
 
(6,413
)
Balance at October 31, 2016
 
$
(32,659
)
 
$
(466
)
 
$
(3,112
)
 
$
(20,225
)
 
$
(56,462
)
 
Other comprehensive income
 
6,333

 
29

 
392

 
7,156

 
13,910

 
Amounts reclassified from accumulated other comprehensive loss, net of tax
 
(1,521
)
 
435

 
1,401

 
—

 
315

 
Net current-period other comprehensive income
 
4,812

 
464

 
1,793

 
7,156

 
14,225

Balance at October 31, 2017
 
$
(27,847
)
 
$
(2
)
 
$
(1,319
)
 
$
(13,069
)
 
$
(42,237
)

(1) Amounts reclassified from accumulated other comprehensive loss, net of tax are classified with manufacturing expenses included in cost of goods sold on the statements of operations.
(2) Amounts reclassified from accumulated other comprehensive income loss, net of tax are classified with interest expense included on the statements of operations.
(3) Amounts reclassified from accumulated other comprehensive income loss, net of tax are classified with other expense, net included on the statements of operations.
Minimum Liability Included in Other Comprehensive Income
Additional Information on U.S. Plans
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2017
 
2016
Increase (decrease) in minimum liability included in other comprehensive income (loss)
$
(7,813
)
 
$
6,867

 
$
(38
)
 
$
31

 
 
 
 
 
 
 
 
Assumptions
Assumptions for U.S. Plans:
 
Weighted-average assumptions used
to determine benefit obligations at October 31
 
Pension Benefits
 
Other Post Retirement Benefits
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Discount rate
 
3.65
%
 
3.70
%
 
4.20
%
 
3.65
%
 
3.70
%
 
4.20
%

 
 
Pension Benefits
 
Other Post Retirement Benefits
Weighted-average assumptions used to determine net
periodic benefit costs for years ended October 31 
 
2017
 
2016
 
2015
 
2017
 
2016
 
2015
Discount rate
 
3.70
%
 
4.20
%
 
4.00
%
 
3.70
%
 
3.70
%
 
4.00
%
Expected long-term return on plan assets
 
6.50
%
 
7.50
%
 
7.50
%
 
—

 
—

 
—
Assumed Health Care Cost Trend Rates
 
October 31,
Assumed health care trend rates
2017
 
2016
Health care cost trend rate assumed for next year
7.0%
 
7.0%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate)
6.8%
 
6.8%
Year that the rate reaches the ultimate trend rate
2019
 
2018
Effect of One-Percentage-Point Change in Assumed Health Care Cost Trend Rates
A one-percentage point change in assumed healthcare cost trend rates would have the following effects at October 31, 2017:
 
 
One-Percentage
Point Increase 
 
One-Percentage
Point Decrease 
Effect on total of service and interest cost components
$
3

 
$
(3
)
Effect on post retirement obligation
$
23

 
$
(20
)
Allocation of Plan Assets
pension plan weighted-average asset allocations at October 31, 2017 and 2016, by asset category and comparison to the target allocation percentage are as follows:
 
 
Target
Allocation
Percentage
Plan Assets at October 31,
2017
 
2016
Asset Category
 
 
 
 
Equity securities
 30-70%
60%
 
59%
Debt securities
 30-70%
34%
 
35%
Real estate
0-10%
6%
 
6%
Total
 
100%
 
100%
 
 
 
 
 
Investments Measured At Fair Value
Investments totaling $69,215 at October 31, 2017 and $64,458 at October 31, 2016 measured at fair value on a recurring basis are summarized below:
 
 
 
 
Fair Value Measurements
 
Fair Value Measurements
 
 
 
 
 
 
at October 31, 2017 Using
 
at October 31, 2016 Using
 
 
 
 
 
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
 
 
 
 
 
 
 
 
 
 
U.S. Plans
 
 
 
 
 
Valuation Technique
Investments
 
 
 
 
 
 
 
 
 
 
 
Equity
 
 
 
 
 
 
 
 
 
 
 
 
Large U.S. Equity
 
$
16,778

 
$
6,381

 
$
12,904

 
$
10,294

 
Market
 
 
Small/Mid U.S. Equity
 
8,340

 
694

 
7,654
 
622
 
Market
 
 
International Equity
 
9,169

 
—

 
6,420
 
—

 
Market
 
Fixed Income
 
 
 
 
 
 
 
 
 
 
 
 
Money Market
 
—

 
314

 
—

 
—

 
Market
 
 
Government
 
—

 
—

 
—

 
309
 
Market
 
 
Corporate
 
18,876

 
4,513

 
17,738
 
4,571
 
Market
 
Real Estate (Primarily Commercial)
 
—

 
4,150

 
—

 
3,946

 
Market
Total Investments
 
$
53,163

 
$
16,052

 
$
44,716

 
$
19,742

 
 
Estimated Future Benefit Payments
Estimated Future Benefit Payments
The following benefit payments, which reflect expected future service, as appropriate, are expected to be paid by the plans:
 
 
Pension Benefits
 
Other Benefits
2018
 
$
4,620

 
 
 
$
38

 
2019
 
4,380

 
 
 
37

 
2020
 
4,320

 
 
 
37

 
2021
 
4,310

 
 
 
26

 
2022
 
4,850

 
 
 
24

 
2023-2026
 
$
25,080

 
 
 
$
101