OPERATING SEGMENTS

3 Months Ended

Jan. 31, 2019

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, 2019 and 2018, respectively, is as follows (in thousands):



					Other, Primarily Corporate and Intersegment ⁽¹⁾			Consolidated Totals
	Segment
	FSG		ETG
Three months ended January 31, 2019:
Net sales		$287,213		$184,429		($5,496	)		$466,146
Depreciation	3,355		2,606		251			6,212
Amortization	4,803		8,776		246			13,825
Operating income	52,880		51,602		(6,535		)	97,947
Capital expenditures	2,849		3,058		—			5,907

Three months ended January 31, 2018:
Net sales		$254,721		$155,658		($5,969	)		$404,410
Depreciation	3,292		2,274		62			5,628
Amortization	4,947		8,104		345			13,396
Operating income	45,869		43,220		(9,529		)	79,560
Capital expenditures	2,297		1,743		3,537			7,577

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

Total assets by operating segment as of January 31, 2019 and October 31, 2018 are as follows (in thousands):



					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of January 31, 2019		$1,098,267		$1,522,291		$176,456		$2,797,014
Total assets as of October 31, 2018	1,093,858		1,391,997		167,541		2,653,396