REVENUE (Tables)

9 Months Ended

Jul. 31, 2019

Revenue from Contract with Customer [Abstract]

Contract with Customer, Asset and Liability [Table Text Block]

Changes in the Company’s contract assets and liabilities for the nine months ended July 31, 2019 are as follows (in thousands):



	July 31, 2019		November 1, 2018		Change

Contract assets		$47,238		$54,272		($7,034	)
Contract liabilities	21,474		19,674		1,800
Net contract assets		$25,764		$34,598		($8,834	)

Product Line [Member]

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Revenue

The following table summarizes the Company’s net sales by product line for each operating segment (in thousands):



	Nine months ended July 31,						Three months ended July 31,
	2019			2018			2019			2018
Flight Support Group:
Aftermarket replacement parts ⁽¹⁾		$500,714			$424,584			$173,992			$150,729
Repair and overhaul parts and services ⁽²⁾	216,887			214,933			76,270			74,853
Specialty products ⁽³⁾	197,879			168,166			69,754			59,544
Total net sales	915,480			807,683			320,016			285,126

Electronic Technologies Group:
Electronic component parts for defense, space and aerospace equipment ⁽⁴⁾	459,445			394,884			160,031			146,652
Electronic component parts for equipment in various other industries ⁽⁵⁾	155,564			115,866			56,098			39,718
Total net sales	615,009			510,750			216,129			186,370

Intersegment sales	(16,371		)	(17,596		)	(3,821		)	(5,671		)

Total consolidated net sales		$1,514,118			$1,300,837			$532,324			$465,825


⁽¹⁾	Includes various jet engine and aircraft component replacement parts.


⁽²⁾	Includes primarily the sale of parts consumed in various repair and overhaul services on selected jet engine and aircraft components, avionics, instruments, composites and flight surfaces of commercial and military aircraft.


⁽³⁾	Includes primarily the sale of specialty components such as thermal insulation blankets, renewable/reusable insulation systems, advanced niche components, complex composite assemblies, and expanded foil mesh.

⁽⁴⁾

Includes various component parts such as electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave and other power equipment, high-speed interface products, power conversion products, underwater locator beacons, emergency locator transmission beacons, traveling wave tube amplifiers, microwave power modules, three-dimensional microelectronic and stacked memory products, crashworthy and ballistically self-sealing auxiliary fuel systems, radio frequency (RF) and microwave amplifiers, transmitters and receivers, high performance communications and electronic intercept receivers and tuners and high performance active antenna systems.

⁽⁵⁾

Includes various component parts such as electromagnetic and radio interference shielding, high voltage interconnection devices, high voltage advanced power electronics, harsh environment connectivity products, custom molded cable assemblies, silicone material for a variety of demanding applications and technical surveillance countermeasures equipment.

Sales by Industry [Member]

Disaggregation of Revenue [Line Items]

Disaggregation of Revenue [Table Text Block]

The following table summarizes the Company’s net sales by industry for each operating segment (in thousands):



	Nine months ended July 31,						Three months ended July 31,
	2019			2018			2019			2018
Flight Support Group:
Aerospace		$742,555			$660,307			$258,157			$230,633
Defense and Space	137,272			114,103			49,769			43,009
Other ⁽¹⁾	35,653			33,273			12,090			11,484
Total net sales	915,480			807,683			320,016			285,126

Electronic Technologies Group:
Defense and Space	390,046			331,587			138,875			125,375
Other ⁽²⁾	162,063			132,559			56,525			44,849
Aerospace	62,900			46,604			20,729			16,146
Total net sales	615,009			510,750			216,129			186,370

Other, primarily corporate and intersegment	(16,371		)	(17,596		)	(3,821		)	(5,671		)

Total consolidated net sales		$1,514,118			$1,300,837			$532,324			$465,825


⁽¹⁾	Principally industrial products.

⁽²⁾

Principally other electronics and medical products.