Correction of Errors and Restatements

12 Months Ended

Oct. 31, 2011

Correction of Errors and Restatements [Abstract]

Correction of Errors and Restatements

NOTE 19—CORRECTION OF ERRORS AND RESTATEMENT

In the fourth quarter of 2011, the Company corrected a prior period error related to the incorrect balance sheet elimination of certain intercompany balances occurring in 2003. The effect of the error impacted both foreign currency translation within other comprehensive income (loss), which had been overstated by $19.6 million, and accounts payable, which had been understated by $19.6 million. The Company has corrected the error for all periods presented by restating the consolidated statements of changes in shareholders’ equity and the consolidated balance sheets. The correction of the error did not impact total assets, consolidated net income, or cash flows

During the third quarter of 2011, the Company recorded an out-of-period correction of an error in both noncontrolling interest, which had been understated by $24.7 million, and foreign currency translation within other comprehensive income (loss), which had been overstated by $24.7 million, as of October 31, 2010. Since the Company restated its consolidated financial statements for the intercompany error noted above, the consolidated balance sheet as of October 31, 2010 and the consolidated statements of changes in shareholders’ equity have also been restated to reflect this correction as of October 31, 2010. The correction of the error did not impact total assets, consolidated net income, or cash flows.

The following are the previously stated and corrected balances on the consolidated balance sheets as of October 31, 2009 and 2010:

	October 31, 2009
Consolidated Balance Sheet	As Previously Reported			Correction			As Restated
Current liabilities
Accounts payable		335,816			19,547			355,363
Current liabilities		562,097			19,547			581,644
Shareholders’ equity
Accumulated other comprehensive income (loss):
Foreign currency translation		(6,825	)		(19,547	)		(26,372	)
Other comprehensive loss		(88,246	)		(19,547	)		(107,793	)
Noncontrolling interests		6,997			—			6,997
Total shareholders’ equity		1,106,592			(19,547	)		1,087,045
Total liabilities and shareholders’ equity		2,823,929			—			2,823,929
	October 31, 2010
Consolidated Balance Sheet	As Previously Reported			Correction			As Restated
Current Liabilities
Accounts payable		448,310			19,547			467,857
Current liabilities		761,811			19,547			781,358
Shareholders’ equity
Accumulated other comprehensive income (loss):
Foreign currency translation		44,612			(44,224	)		388
Other comprehensive loss		(33,419	)		(44,224	)		(77,643	)
Noncontrolling interests		76,711			24,677			101,388
Total shareholders’ equity		1,355,432			(19,547	)		1,335,885
Total liabilities and shareholders’ equity		3,498,445			—			3,498,445