Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net Income Attributable to Noncontrolling Interests

12 Months Ended

Oct. 31, 2018

Equity Method Investments and Joint Ventures [Abstract]

Equity Earnings of Unconsolidated Affiliates, Net of Tax and Net Income Attributable to Noncontrolling Interests

EQUITY EARNINGS OF UNCONSOLIDATED AFFILIATES, NET OF TAX AND NET INCOME ATTRIBUTABLE TO NONCONTROLLING INTERESTS

Equity earnings of unconsolidated affiliates, net of tax for the years ended October 31, 2018, 2017 and 2016 were $3.0 million, $2.0 million and $0.8 million, respectively. Dividends received from the Company’s equity method affiliates for the years ended October 31, 2018, 2017 and 2016 were $0.9 million, $0.4 million and $0.4 million, respectively.

Net income attributable to noncontrolling interests

Net income attributable to noncontrolling interests represent the portion of earnings or losses from the operations of the Company’s consolidated subsidiaries attributable to unrelated third party equity owners that were deducted from net income to arrive at net income attributable to the Company. Net income attributable to noncontrolling interests for the years ended October 31, 2018, 2017 and 2016 was $20.1 million, $16.5 million and $0.6 million, respectively.