OPERATING SEGMENTS (Tables)

12 Months Ended

Oct. 31, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information by Segment [Table Text Block]

Information on the Company’s two operating segments, the FSG and the ETG, for each of the last three fiscal years ended October 31 is as follows (in thousands):

	Segment		Other, Primarily Corporate and Intersegment (1)	Consolidated Totals
	FSG	ETG
Year ended October 31, 2023:
Net sales	$1,770,185	$1,225,222	($27,302)	$2,968,105
Depreciation	18,699	20,478	1,101	40,278
Amortization	36,957	51,296	1,512	89,765
Operating income	387,297	285,053	(47,011)	625,339
Capital expenditures	22,775	26,493	166	49,434
Year ended October 31, 2022:
Net sales	$1,255,212	$972,475	($19,365)	$2,208,322
Depreciation	15,656	13,602	999	30,257
Amortization	24,268	40,690	1,118	66,076
Operating income	267,167	269,473	(39,796)	496,844
Capital expenditures	15,588	15,530	864	31,982
Year ended October 31, 2021:
Net sales	$927,089	$959,170	($20,577)	$1,865,682
Depreciation	13,992	12,839	973	27,804
Amortization	20,648	43,431	1,136	65,215
Operating income	151,930	277,306	(36,336)	392,900
Capital expenditures	8,915	26,496	772	36,183

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

Reconciliation of Assets from Segment to Consolidated [Table Text Block]

Total assets by operating segment are as follows (in thousands):

			Other, Primarily Corporate	Consolidated Totals
	Segment
As of October 31,	FSG	ETG
2023	$4,006,748	$2,915,300	$273,015	7,195,063
2022	$1,635,229	$2,230,744	$229,523	4,095,496

Schedule of Revenue and Long-lived Assets by Geographic Area [Table Text Block]

The following table summarizes the Company’s net sales to customers located in the United States and to those in other countries for each of the last three fiscal years ended October 31 (in thousands). Net sales are attributed to countries based on the location of the customer. Net sales

to any one customer or originating from any one foreign country did not account for 10% or more of the Company’s consolidated net sales during any of the last three fiscal years. The following table also summarizes the Company’s long-lived assets held within and outside of the United States as of October 31 for each of the last three fiscal years (in thousands). Long-lived assets consist of net property, plant and equipment.

	2023	2022	2021
Net sales:
United States of America	$1,963,451	$1,443,581	$1,194,869
Other countries	1,004,654	764,741	670,813
Total net sales	$2,968,105	$2,208,322	$1,865,682
Long-lived assets:
United States of America	$240,875	$190,148	$155,537
Other countries	80,973	35,731	38,101
Total long-lived assets	$321,848	$225,879	$193,638