OPERATING SEGMENTS

3 Months Ended

Jan. 31, 2017

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 three months ended January 31, 2017 and 2016, respectively, is as follows (in thousands):

					Other, Primarily Corporate and Intersegment (1)			Consolidated Totals
	Segment
	FSG		ETG
Three months ended January 31, 2017:
Net sales		$220,901		$126,165		($3,634	)		$343,432
Depreciation	3,148		2,043		53			5,244
Amortization	4,104		5,735		165			10,004
Operating income	41,363		29,084		(5,897		)	64,550
Capital expenditures	3,872		2,504		46			6,422
Three months ended January 31, 2016:
Net sales		$204,576		$104,152		($2,501	)		$306,227
Depreciation	2,950		1,852		56			4,858
Amortization	4,128		4,770		165			9,063
Operating income	35,480		22,269		(5,128		)	52,621
Capital expenditures	3,705		1,683		302			5,690
(1) Intersegment activity principally consists of net sales from the ETG to the FSG.

Total assets by operating segment as of January 31, 2017 and October 31, 2016 are as follows (in thousands):

					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of January 31, 2017		$871,148		$1,004,554		$155,720		$2,031,422
Total assets as of October 31, 2016	878,674		1,017,827		142,974		2,039,475