OPERATING SEGMENTS

6 Months Ended

Apr. 30, 2019

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 six and three months ended April 30, 2019 and 2018, respectively, is as follows (in thousands):

					Other, Primarily Corporate and Intersegment (1)			Consolidated Totals
	Segment
	FSG		ETG
Six months ended April 30, 2019:
Net sales		$595,464		$398,880		($12,550	)		$981,794
Depreciation	6,758		5,395		503			12,656
Amortization	9,723		17,677		492			27,892
Operating income	115,046		118,954		(16,870		)	217,130
Capital expenditures	6,576		6,012		8			12,596
Six months ended April 30, 2018:
Net sales		$522,557		$324,380		($11,925	)		$835,012
Depreciation	6,582		4,584		186			11,352
Amortization	9,879		16,267		591			26,737
Operating income	97,357		91,350		(17,582		)	171,125
Capital expenditures	6,206		3,985		19,266			29,457
Three months ended April 30, 2019:
Net sales		$308,251		$214,451		($7,054	)		$515,648
Depreciation	3,403		2,789		252			6,444
Amortization	4,920		8,901		246			14,067
Operating income	62,166		67,352		(10,335		)	119,183
Capital expenditures	3,727		2,954		8			6,689
Three months ended April 30, 2018:
Net sales		$267,836		$168,722		($5,956	)		$430,602
Depreciation	3,290		2,310		124			5,724
Amortization	4,932		8,163		246			13,341
Operating income	51,488		48,130		(8,053		)	91,565
Capital expenditures	3,909		2,242		15,729			21,880

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

Total assets by operating segment as of April 30, 2019 and October 31, 2018 are as follows (in thousands):

					Other, Primarily Corporate		Consolidated Totals
	Segment
	FSG		ETG
Total assets as of April 30, 2019		$1,145,039		$1,529,048		$179,553		$2,853,640
Total assets as of October 31, 2018	1,093,858		1,391,997		167,541		2,653,396