OPERATING SEGMENTS

9 Months Ended

Jul. 31, 2018

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, 2018 and 2017, respectively, is as follows (in thousands):

					Other, Primarily Corporate and Intersegment (1)			Consolidated Totals
	Segment
	FSG		ETG
Nine months ended July 31, 2018:
Net sales		$807,683		$510,750		($17,596	)		$1,300,837
Depreciation	9,819		6,841		439			17,099
Amortization	14,729		24,858		837			40,424
Operating income	152,069		147,371		(26,892		)	272,548
Capital expenditures	9,710		6,922		19,266			35,898
Nine months ended July 31, 2017:
Net sales		$710,676		$405,194		($12,281	)		$1,103,589
Depreciation	9,654		6,304		160			16,118
Amortization	13,088		17,158		548			30,794
Operating income	132,771		106,453		(22,010		)	217,214
Capital expenditures	12,305		7,920		220			20,445
Three months ended July 31, 2018:
Net sales		$285,126		$186,370		($5,671	)		$465,825
Depreciation	3,237		2,257		253			5,747
Amortization	4,850		8,591		246			13,687
Operating income	54,712		56,021		(9,310		)	101,423
Capital expenditures	3,504		2,937		—			6,441
Three months ended July 31, 2017:
Net sales		$257,966		$137,860		($4,326	)		$391,500
Depreciation	3,378		2,168		54			5,600
Amortization	4,885		5,722		204			10,811
Operating income	46,664		38,543		(9,085		)	76,122
Capital expenditures	3,745		3,086		76			6,907

(1) Intersegment activity principally consists of net sales from the ETG to the FSG.

Total assets by operating segment as of July 31, 2018 and October 31, 2017 are as follows (in thousands):

					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of July 31, 2018		$1,078,657		$1,396,692		$179,490		$2,654,839
Total assets as of October 31, 2017	1,042,925		1,339,363		130,143		2,512,431