OPERATING SEGMENTS (Tables)

12 Months Ended

Oct. 31, 2016

Schedule of Segment Reporting Information by Segment [Table Text Block]

Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):



	Segment				Other, Primarily Corporate and Intersegment			Consolidated Totals
	FSG		ETG		Other, Primarily Corporate and Intersegment			Consolidated Totals
Year ended October 31, 2016:
Net sales		$875,870		$511,272		($10,884	)		$1,376,258
Depreciation	12,113		8,030		218			20,361
Amortization	16,590		22,664		662			39,916
Operating income	163,427		126,031		(24,113		)	265,345
Capital expenditures	18,434		11,962		467			30,863
Total assets	878,674		1,017,827		142,974			2,039,475

Year ended October 31, 2015:
Net sales		$809,700		$390,982		($12,034	)		$1,188,648
Depreciation	10,859		6,803		168			17,830
Amortization	13,470		15,945		662			30,077
Operating income	149,798		98,833		(18,975		)	229,656
Capital expenditures	11,737		6,201		311			18,249
Total assets	868,218		746,018		122,151			1,736,387

Year ended October 31, 2014:
Net sales		$762,801		$379,404		($9,894	)		$1,132,311
Depreciation	9,809		7,113		146			17,068
Amortization	10,034		19,993		662			30,689
Operating income	136,480		88,914		(22,006		)	203,388
Capital expenditures	9,437		6,327		646			16,410
Total assets	676,824		703,144		109,246			1,489,214

Schedule of Product Information [Table Text Block]

The following table summarizes the Company’s net sales to external customers by product lines included in each operating segment (in thousands):



	Year ended October 31,
	2016			2015			2014
Flight Support Group:
Aftermarket replacement parts ⁽¹⁾		$405,108			$356,070			$327,416
Repair and overhaul parts and services ⁽²⁾	251,357			258,952			253,717
Specialty products ⁽³⁾	219,405			194,678			181,668
Total net sales		$875,870			$809,700			$762,801

Electronic Technologies Group:
Electronic component parts for defense,
space and aerospace equipment ⁽⁴⁾		$371,297			$255,095			$243,130
Electronic component parts for equipment
in various other industries ⁽⁵⁾	139,975			135,887			136,274
Total net sales		$511,272			$390,982			$379,404

Other, primarily corporate and intersegment		($10,884	)		($12,034	)		($9,894	)

Total consolidated net sales		$1,376,258			$1,188,648			$1,132,311


⁽¹⁾	Includes various jet engine and aircraft component replacement parts.


⁽²⁾	Includes primarily the sale of parts consumed in various repair and overhaul services on selected jet engine and aircraft components, avionics, instruments, composites and flight surfaces of commercial and military aircraft.


⁽³⁾	Includes primarily the sale of specialty components to OEMs such as thermal insulation blankets, renewable /reusable insulation systems, advanced niche components, complex composite assemblies, and expanded foil mesh.

⁽⁴⁾

Includes various component parts such as electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave and other power equipment, high-speed interface products, power conversion products, underwater locator beacons, traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, crashworthy and ballistically self-sealing auxiliary fuel systems, RF and microwave amplifiers, transmitters and receivers, and high performance communications and electronic intercept receivers and tuners.


⁽⁵⁾	Includes various component parts such as electromagnetic and radio interference shielding, high voltage interconnection devices, high voltage advanced power electronics, harsh environment connectivity products, and custom molded cable assemblies.

Schedule of Revenue from External Customers Attributed to Foreign Countries by Geographic Area [Table Text Block]

The following table also summarizes the Company’s long-lived assets held within and outside of the United States as of October 31 of the last three fiscal years (in thousands). Long-lived assets consist of net property, plant and equipment.



	2016		2015		2014
Net Sales:
United States of America		$904,670		$785,567		$754,616
Other countries	471,588		403,081		377,695
Total net sales		$1,376,258		$1,188,648		$1,132,311

Long-lived assets:
United States of America		$94,889		$85,253		$84,116
Other countries	26,722		20,417		9,749
Total long-lived assets		$121,611		$105,670		$93,865