XML 34 R24.htm IDEA: XBRL DOCUMENT v3.22.0.1
REVENUE (Tables)
 3 Months Ended
Jan. 31, 2022
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 three months ended January 31, 2022 are as follows (in thousands):
January 31, 2022October 31, 2021Change
Contract assets $82,238 $80,073 $2,165 
Contract liabilities 42,938 32,738 10,200 
Net contract assets $39,300 $47,335 ($8,035)
Product Line [Member]  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue [Table Text Block] The following table summarizes the Company’s net sales by product line for each operating segment (in thousands):
Three months ended January 31,
20222021
Flight Support Group:
Aftermarket replacement parts (1)
$150,901 $118,434 
Repair and overhaul parts and services (2)
62,487 42,412 
Specialty products (3)
59,293 38,488 
Total net sales272,681 199,334 
Electronic Technologies Group:
Electronic component parts primarily for defense,
space and aerospace equipment (4)
157,468 167,089 
Electronic component parts for equipment
in various other industries (5)
64,868 56,461 
Total net sales222,336 223,550 
Intersegment sales(4,674)(4,982)
Total consolidated net sales$490,343 $417,902 

(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 as well as machining, brazing, fabricating and welding services generally to original equipment manufacturers.
(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, a wide variety of memory products and radio frequency (RF) and microwave products, crashworthy and ballistically self-sealing auxiliary fuel systems, high performance communications and electronic intercept receivers and tuners, high performance active antenna systems and technical surveillance countermeasures (TSCM) equipment.
(5)    Includes various component parts such as electromagnetic and radio frequency 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 rugged small form-factor embedded computing solutions.
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):
Three months ended January 31,
20222021
Flight Support Group:
Aerospace$202,405 $135,056 
Defense and Space 58,655 54,044 
Other (1)
11,621 10,234 
Total net sales272,681 199,334 
Electronic Technologies Group:
Defense and Space 131,447 142,092 
Other (2)
73,363 63,907 
Aerospace 17,526 17,551 
Total net sales222,336 223,550 
Intersegment sales (4,674)(4,982)
Total consolidated net sales$490,343 $417,902 

(1)    Principally industrial products.
(2)    Principally other electronics and medical products.