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Adoption of New Accounting Standards
12 Months Ended
Oct. 31, 2014
Adoption Of New Accounting Standards Disclosure [Abstract]  
Adoption of New Accounting Standards

2. Adoption of New Accounting Standards

 

The Company adopted the following accounting standard in fiscal 2014:

 

Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income

Effective November 1, 2013, the Company adopted ASU 2013-02, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The guidance provided in ASU 2013-02 requires an entity to present separately, for each component of accumulated other comprehensive income, the current period reclassification of amounts into net income and identify each line item in the statement of net income that is affected by the reclassification. The adoption of ASU 2013-02 was effective prospectively and did not have an impact on the Company's results of operations, financial position or liquidity.