INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2014

Income Tax Disclosure [Abstract]

Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block]

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

	Year ended October 31,
	2014		2013		2012
Domestic		$185,842		$168,643		$157,189
Foreign	12,730		12,118		3,986
Income before taxes and noncontrolling interests		$198,572		$180,761		$161,175

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,
	2014			2013			2012
Current:
Federal		$63,264			$49,275			$48,461
State	10,145			9,060			7,516
Foreign	3,136			3,650			1,357
	76,545			61,985			57,334
Deferred	(16,745		)	(5,785		)	(2,834		)
Total income tax expense		$59,800			$56,200			$54,500

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,
	2014		2013		2012
Federal statutory income tax rate	35.0	%	35.0	%	35.0	%
State taxes, net of federal income tax benefit	2.9		3.1		3.1
Nontaxable reduction in accrued contingent consideration	(3.4	)	—		—
Domestic production activities tax deduction	(1.6	)	(1.2	)	(1.3	)
Research and development tax credits	(1.2	)	(2.6	)	(1.7	)
Noncontrolling interests’ share of income	(1.0	)	(1.3	)	(1.7	)
Tax-exempt gains on corporate owned life insurance policies	(.6	)	(1.4	)	(.5	)
Other, net	—		(.5	)	.9
Effective tax rate	30.1	%	31.1	%	33.8	%

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,
	2014			2013
Deferred tax assets:
Deferred compensation liability		$27,568			$22,242
Inventories	23,099			21,673
Share-based compensation	7,427			5,002
Bonus accrual	4,031			3,394
Deferred revenue	2,660			—
R&D related carryforward	2,068			4,045
Vacation accrual	1,724			1,676
Customer rebates accrual	1,635			2,706
Other	8,258			7,958
Total deferred tax assets	78,470			68,696
Deferred tax liabilities:
Goodwill and other intangible assets	(144,381		)	(148,711		)
Property, plant and equipment	(9,090		)	(12,486		)
Other	(880		)	(1,154		)
Total deferred tax liabilities	(154,351		)	(162,351		)
Net deferred tax liability		($75,881	)		($93,655	)

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,
	2014			2013
Current asset		$34,485			$33,036
Long-term asset	1,063			1,791
Long-term liability	(111,429		)	(128,482		)
Net deferred tax liability		($75,881	)		($93,655	)

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, 2014 and 2013 is as follows (in thousands):

	Year ended October 31,
	2014			2013
Balances as of beginning of year		$1,072			$2,527
Increases related to prior year tax positions	10			58
Decreases related to prior year tax positions	—			(967		)
Increases related to current year tax positions	138			108
Settlements	(22		)	(570		)
Lapse of statutes of limitations	(319		)	(84		)
Balances as of end of year		$879			$1,072