SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Oct. 31, 2023

Accounting Policies [Abstract]

Property, Plant and Equipment [Table Text Block]

The Company’s property, plant and equipment is generally depreciated over the following estimated useful lives:

Buildings and improvements	10	to	40	years
Machinery and equipment	3	to	10	years
Leasehold improvements	2	to	20	years
Tooling	2	to	5	years

Intangible Assets Useful Life [Table Text Block]

The Company’s intangible assets subject to amortization are amortized on the straight-line method (except for certain customer relationships amortized on an accelerated method) over the following estimated useful lives:

Customer relationships	6	to	17	years
Intellectual property	7	to	22	years
Other	5	to	20	years

Defined Benefit Plans Disclosures [Table Text Block]

The following table presents the fair value of the Plan's assets and projected benefit obligation as of October 31, for each of the last two fiscal years (in thousands):

	As of October 31,
	2023	2022
Fair value of plan assets	$10,025	$10,106
Projected benefit obligation	9,592	9,924
Funded status	$433	$182