SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

9 Months Ended

Jul. 31, 2019

Schedule of New Accounting Pronouncements and Changes in Accounting Principles [Table Text Block]

The following table presents the cumulative effect of adopting ASC 606 on the Company's Condensed Consolidated Balance Sheet as of November 1, 2018 (in thousands):



	As Reported		Impact of			As Adjusted
	Under ASC 605		ASC 606			Under ASC 606
	October 31, 2018		Adoption			November 1, 2018
Assets
Contract assets		$14,183		$40,089			$54,272
Inventories, net	401,553		(29,412		)	372,141
Prepaid expenses and other current assets	21,187		(489		)	20,698

Liabilities
Accrued expenses and other current liabilities		$171,514		($8,588	)		$162,926
Deferred income taxes	46,644		4,258			50,902

Redeemable noncontrolling interests		$132,046		$819			$132,865

Shareholders' equity
Retained earnings		$1,091,183		$13,373			$1,104,556
Noncontrolling interests	104,757		326			105,083

Schedule of Prospective Adoption of New Accounting Pronouncements [Table Text Block]

The following table presents the impact of adopting ASC 606 on the Company's Condensed Consolidated Balance Sheet as of July 31, 2019 (in thousands):



	As of July 31, 2019
	As Reported		Effect of			As Adjusted
	Under ASC 606		ASC 606			Under ASC 605
Assets
Contract assets		$47,238		($42,604	)		$4,634
Inventories, net	416,314		30,722			447,036
Prepaid expenses and other current assets	20,688		1,100			21,788

Liabilities
Accrued expenses and other current liabilities		$168,901		$6,141			$175,042
Deferred income taxes	51,626		(3,327		)	48,299

Redeemable noncontrolling interests		$178,353		$53			$178,406

Shareholders' equity
Retained earnings		$1,322,383		($13,295	)		$1,309,088
Noncontrolling interests	26,376		(354		)	26,022