INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2012

Income Taxes (Tables) [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of the provision for income taxes on income before income taxes and noncontrolling interests are as follows (in thousands):

	Year ended October 31,
	2012			2011		2010
Current:
Federal		$48,461			$38,002		$29,180
State	7,516			4,008		4,659
Foreign	1,357			861		1,044
	57,334			42,871		34,883
Deferred	(2,834		)	29		1,817
Total income tax expense		$54,500			$42,900		$36,700

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

A reconciliation of the federal statutory income tax rate to the Company’s effective tax rate is as follows:

	Year ended October 31,
	2012		2011		2010
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, less applicable federal income tax reduction	3.1		1.8		3.2
Net tax benefit on noncontrolling interests’ share of income	(1.7	)	(2.5	)	(2.6	)
Net tax benefit on qualified research and development activities	(1.7	)	(2.7	)	(1.0	)
Net tax benefit on qualified domestic production activities	(1.3	)	(1.0	)	(.8	)
Other, net	.4		.4		(.1	)
Effective tax rate	33.8	%	31.0	%	33.7	%

Schedule of Deferred Tax Assets and Liabilities [Table Text Block]

Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):

	As of October 31,
	2012			2011
Deferred tax assets:
Inventories		$18,536			$15,581
Deferred compensation liability	15,805			11,708
Foreign R&D carryforward and credit	3,432			3,277
Stock option compensation	3,151			1,947
Bonus accrual	2,671			2,373
Customer rebates accrual	2,029			616
Capital lease obligations	1,412			1,354
Vacation accrual	1,288			877
Warranty reserve	871			793
Allowance for doubtful accounts receivable	778			973
Other	2,119			2,986
Total deferred tax assets	52,092			42,485
Deferred tax liabilities:
Goodwill and other intangible assets	(102,829		)	(68,601		)
Property, plant and equipment	(8,950		)	(7,069		)
Other	(712		)	(1,054		)
Total deferred tax liabilities	(112,491		)	(76,724		)
Net deferred tax liability		($60,399	)		($34,239	)

Schedule Of Net Deferred Tax Liability [Table Text Block]

The net deferred tax liability is classified in the Company’s Consolidated Balance Sheets as follows (in thousands):

	As of October 31,
	2012			2011
Current asset		$27,545			$22,286
Long-term asset	2,492			2,374
Long-term liability	(90,436		)	(58,899		)
Net deferred tax liability		($60,399	)		($34,239	)

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the activity related to the liability for gross unrecognized tax benefits during the fiscal years ended October 31, 2012 and 2011 is as follows (in thousands):

	Year ended October 31,
	2012			2011
Balances as of beginning of year		$1,834			$2,306
Increases related to prior year tax positions	1,281			50
Decreases related to prior year tax positions	(240		)	(482		)
Increases related to current year tax positions	299			393
Settlements	(52		)	(56		)
Lapse of statutes of limitations	(595		)	(377		)
Balances as of end of year		$2,527			$1,834