OPERATING SEGMENTS

9 Months Ended

Jul. 31, 2016

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

OPERATING SEGMENTS

Information on the Company’s two operating segments, the FSG and the ETG, for the nine and three months ended July 31, 2016 and 2015, respectively, is as follows (in thousands):

					Other, Primarily Corporate and Intersegment (1)			Consolidated Totals
	Segment
	FSG		ETG
Nine months ended July 31, 2016:
Net sales		$647,419		$372,933		($7,393	)		$1,012,959
Depreciation	8,973		5,854		166			14,993
Amortization	12,414		16,700		496			29,610
Operating income	118,757		89,280		(18,768		)	189,269
Capital expenditures	13,449		9,257		407			23,113
Nine months ended July 31, 2015:
Net sales		$591,431		$277,439		($8,894	)		$859,976
Depreciation	7,927		5,036		112			13,075
Amortization	9,636		11,859		496			21,991
Operating income	107,498		65,996		(12,790		)	160,704
Capital expenditures	9,000		4,457		310			13,767
Three months ended July 31, 2016:
Net sales		$222,553		$136,215		($2,684	)		$356,084
Depreciation	3,049		1,878		54			4,981
Amortization	4,169		6,105		165			10,439
Operating income	41,969		33,609		(5,724		)	69,854
Capital expenditures	5,034		2,516		17			7,567
Three months ended July 31, 2015:
Net sales		$206,599		$97,223		($3,452	)		$300,370
Depreciation	2,834		1,688		41			4,563
Amortization	3,568		3,629		165			7,362
Operating income	39,250		24,372		(5,112		)	58,510
Capital expenditures	2,523		1,600		184			4,307
(1) Intersegment activity principally consists of net sales from the ETG to the FSG.

Total assets by operating segment as of July 31, 2016 and October 31, 2015 are as follows (in thousands):

					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of July 31, 2016		$867,968		$1,010,480		$138,872		$2,017,320
Total assets as of October 31, 2015	868,218		746,018		122,151		1,736,387