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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Apr. 30, 2017
Apr. 30, 2016
Apr. 30, 2017
Apr. 30, 2016
Statement of Comprehensive Income [Abstract]        
Net income (loss) $ 27.6 $ 0.9 $ 55.9 $ (21.2)
Other comprehensive income (loss), net of income taxes:        
Foreign currency translation adjustments (4.7) 14.3 (7.3) 5.0
Net (loss) gain related to net investment hedge (4.6) (25.8) 4.0 (18.9)
Net gain on intra-entity foreign currency transactions 0.0 3.8 0.0 3.0
Change in value of derivatives designated as foreign currency cash flow hedges (3.4) 6.9 (1.1) (1.0)
Losses from foreign currency hedges reclassified to consolidated statement of operations (1) [1] 0.7 3.5 2.2 8.1
Net change in minimum pension liability [2] 0.7 0.4 1.4 0.8
Comprehensive income (loss) $ 16.3 $ 4.0 $ 55.1 $ (24.2)
[1] 1 Net of an income tax benefit of $0.1 million for the three and six months ended April 30, 2017. Income tax expense is not applicable for the six months ended April 30, 2016 as these amounts are from the Company's Canadian operations which were under a full valuation allowance in the prior period. The valuation allowance was released during the fourth quarter of fiscal 2016. Amounts, gross of tax, have been reclassified to foreign exchange loss, net on the consolidated statements of operations.
[2] 2 Net of an income tax expense of $0.0 million for the three and six months ended April 30, 2017 and 2016, which is included as a component of provision for income taxes on the consolidated statements of operations. Amounts, gross of tax, have been reclassified to cost of goods sold and selling, general and administrative expenses in the consolidated statements of operations. See Note 7 for further information.