INCOME TAXES (Tables)

12 Months Ended

Oct. 31, 2018

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,
	2018		2017		2016
Domestic		$309,123		$264,420		$227,927
Foreign	47,163		33,540		29,123
Income before taxes and noncontrolling interests		$356,286		$297,960		$257,050

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,
	2018			2017			2016
Current:
Federal		$61,548			$85,047			$75,261
State	9,420			6,820			7,463
Foreign	12,608			9,529			7,370
	83,576			101,396			90,094
Deferred:
Federal	(13,115		)	(9,661		)	(5,979		)
State	1,578			(499		)	(2,587		)
Foreign	(1,439		)	(936		)	(628		)
	(12,976		)	(11,096		)	(9,194		)
Total income tax expense		$70,600			$90,300			$80,900

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,
	2018		2017		2016
Federal statutory income tax rate (blended rate in fiscal 2018)	23.3	%	35.0	%	35.0	%
State taxes, net of federal income tax benefit	2.9	%	1.9	%	1.7	%
Discrete net tax benefit related to Tax Act	(3.4	%)	—	%	—	%
Research and development tax credits	(2.0	%)	(1.8	%)	(2.7	%)
Domestic production activities tax deduction	(.8	%)	(1.1	%)	(1.3	%)
Tax benefit related to stock option exercises	(.5	%)	(1.0	%)	—	%
Noncontrolling interests’ share of income	(.3	%)	(.7	%)	(.7	%)
Tax-exempt losses (gains) on corporate-owned life insurance policies	.1	%	(1.8	%)	(.1	%)
Other, net	.5	%	(.2	%)	(.4	%)
Effective tax rate	19.8	%	30.3	%	31.5	%

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,
	2018			2017
Deferred tax assets:
Deferred compensation liability		$31,152			$47,093
Inventories	22,204			31,797
Share-based compensation	9,811			12,984
Bonus accrual	4,474			4,956
Customer rebates accrual	1,526			1,864
Vacation accrual	1,456			2,112
Deferred revenue	68			730
Other	7,084			9,230
Total deferred tax assets	77,775			110,766
Deferred tax liabilities:
Goodwill and other intangible assets	(112,533		)	(160,158		)
Property, plant and equipment	(11,615		)	(7,887		)
Other	(271		)	(1,747		)
Total deferred tax liabilities	(124,419		)	(169,792		)
Net deferred tax liability		($46,644	)		($59,026	)

Summary of Income Tax Contingencies [Table Text Block]

A reconciliation of the activity related to the liability for gross unrecognized tax benefits during fiscal 2018 and 2017 is as follows (in thousands):

	Year ended October 31,
	2018			2017
Balances as of beginning of year		$2,040			$1,602
Increases related to current year tax positions	591			596
Increases related to prior year tax positions	20			—
Decreases related to prior year tax positions	—			(24		)
Settlements	(394		)	—
Lapses of statutes of limitations	(157		)	(134		)
Balances as of end of year		$2,100			$2,040