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Employee Benefits (Tables)
12 Months Ended
Oct. 31, 2013
Compensation and Retirement Disclosure [Abstract]  
Schedule of Changes in Benefit Obligation and Changes in Plan Assets
The following table sets forth the Plan's benefit obligations and fair value of the Plan assets at October 31, 2013, and the funded status of the Plan and net periodic pension costs for each of the years in the three-year period ended October 31, 2013.
 
Retirement Income Plan
Years Ended October 31,
(In thousands)
2013
 
2012
 
2011
Change in benefit obligation

 

 

Benefit obligation, beginning of year
$
88,607

 
$
64,989

 
$
54,751

Service cost
7,383

 
4,937

 
4,749

Interest cost
3,287

 
3,053

 
2,973

Benefits paid
(3,508
)
 
(1,308
)
 
(1,440
)
Actuarial (gain)/loss
(11,609
)
 
16,936

 
3,956

Benefit obligation, end of year
$
84,160

 
$
88,607

 
$
64,989

Change in plan assets

 

 

Fair value of plan assets, beginning of year
$
47,427

 
$
39,098

 
$
33,444

Actual return on plan assets
9,083

 
4,411

 
1,474

Employer contributions
6,234

 
5,226

 
5,620

Benefits paid
(3,508
)
 
(1,308
)
 
(1,440
)
Fair value of plan assets, end of year
$
59,236

 
$
47,427

 
$
39,098

Funded status at end of year
$
(24,924
)
 
$
(41,180
)
 
$
(25,891
)
Schedule of Amounts Recognized in Balance Sheet
Years Ended October 31,
(In thousands)                  
2013
 
2012
 
2011
Amounts recognized in the statement of financial position consist of:

 

 

Noncurrent asset
$


$


$

Current liability





Noncurrent liabilities
(24,924
)

(41,180
)

(25,891
)
Net amount recognized at year end
$
(24,924
)

$
(41,180
)

$
(25,891
)
Schedule of Amounts Recognized in Accumulated Other Comprehensive Income
Years Ended October 31,
(In thousands)                  
2013
 
2012
 
2011
Amounts recognized in accumulated other comprehensive income consist of:

 

 

Net transition obligation
$

 
$

 
$
20

Prior service cost
28

 
53

 
77

Net loss
16,012

 
34,957

 
20,134

Accumulated other comprehensive income
$
16,040

 
$
35,010

 
$
20,231

Schedule of Accumulated Benefit Obligations in Excess of Fair Value of Plan Assets
Years Ended October 31,
(In thousands)                  
2013
 
2012
 
2011
Information for pension plans with accumulated benefit obligations in excess of plan assets

 

 

Projected benefit obligation
$
84,160

 
$
88,607

 
$
64,989

Accumulated benefit obligation
$
73,641

 
$
77,596

 
$
57,388

Fair value of plan assets
$
59,236

 
$
47,427

 
$
39,098

Schedule of Reconciliation of Prepaid (Accrued) Pension Cost
Years Ended October 31,
(In thousands)                  
2013
 
2012
 
2011
Reconciliation of prepaid (accrued) pension cost
 
 
 
 
 
Accrued pension cost at prior fiscal year end
$
(6,170
)
 
$
(5,660
)
 
$
(5,706
)
Net periodic benefit cost
8,947

 
5,736

 
5,574

Contributions made during the year
6,234

 
5,226

 
5,620

Accrued pension cost at fiscal year end
$
(8,883
)
 
$
(6,170
)
 
$
(5,660
)
Schedule of Components of Net Periodic Pension Costs
Years Ended October 31,
(In thousands)                  
2013
 
2012
 
2011
Components of net periodic benefit cost and other amounts recognized in other comprehensive income
 
 
 
 
 
Net periodic benefit cost:
 
 
 
 
 
   Service cost
$
7,383

 
$
4,937

 
$
4,748

   Interest cost
3,287

 
3,053

 
2,973

   Expected return on plan assets
(3,933
)
 
(3,424
)
 
(2,944
)
   Amortization of transitional (asset) or obligation

 
20

 
21

   Amortization of prior service cost
24

 
24

 
24

   Recognized actuarial loss
2,186

 
1,126

 
752

   Net periodic pension cost
$
8,947

 
$
5,736

 
$
5,574

Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
Years Ended October 31,
(In thousands)
2013
 
2012
 
2011
Other changes in plan assets and benefit obligations recognized in other comprehensive income
 
 
 
 
 
Net transition obligation
$

 
$

 
$

Prior service cost

 

 

Net (gain) loss
(16,760
)
 
15,950

 
5,426

Amortizations of net transition obligation

 
(21
)
 
(21
)
Amortizations of prior service cost
(24
)
 
(24
)
 
(24
)
Amortizations of net gain
(2,186
)
 
(1,126
)
 
(752
)
Total recognized in other comprehensive income
$
(18,970
)
 
$
14,779

 
$
4,629

Total recognized in net periodic benefit cost and other comprehensive income
$
(10,023
)
 
$
20,515

 
$
10,203

Schedule of Weighted-Average Assumptions Used in Computing the Net Periodic Pension Cost and Projected Benefit Obligation
Years Ended October 31,
2013
 
2012
 
2011
Weighted-average assumptions used in computing the net periodic pension cost and projected benefit obligation at year end:

 

 

Discount rate for determining net periodic pension cost
3.75
%
 
4.75
%
 
5.50
%
Discount rate for determining benefit obligations at year end
4.75
%
 
3.75
%
 
4.75
%
Rate of compensation increase for determining expense
4.00
%
 
4.00
%
 
4.00
%
Rate of compensation increase for determining benefit obligations at year end
4.00
%
 
4.00
%
 
4.00
%
Expected rate of return on plan assets for determining net periodic pension cost
8.00
%
 
8.50
%
 
8.50
%
Expected rate of return on plan assets at year end
8.00
%
 
8.00
%
 
8.50
%
Measurement date for determining assets and benefit obligations at year end
10/31/2013

 
10/31/2012

 
10/31/2011

Schedule of Weighted-Average Asset Allocations by Asset Category
Weighted-average asset allocations at year end, by asset category are as follows:
Years Ended October 31,
2013
 
2012
 
2011
Asset category

 

 

Cash and cash equivalents
5.3
%
 
3.0
%
 
2.1
%
Corporate common stock
14.6
%
 
16.5
%
 
19.0
%
Equity mutual funds
47.5
%
 
43.2
%
 
41.1
%
Real estate funds
3.8
%
 
5.2
%
 
5.6
%
Bond mutual funds
28.8
%
 
32.1
%
 
32.2
%
Total
100.0
%
 
100.0
%
 
100.0
%
Schedule of Fair Value Measurement of Plan Assets
Fair Value Measurement of Plan Assets
(In thousands)
Total
 
Quoted Prices
in Active
Markets for
Identical Assets
(Level 1)
 
Significant
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Asset category

 

 

 

Cash and cash equivalents
$
3,112

  
$
3,112

  
$

  
$

Corporate common stock
8,670

  
8,670

  

  

Equity mutual funds
28,163

  
28,163

  

  

Real estate funds
2,267

  
2,267

  

  

Bond mutual funds
17,024

  
17,024

  

  

Total
$
59,236

  
$
59,236

  
$

  
$

Schedule of Estimated Future Benefit Payments
Estimated Future Benefit Payments
Years
(In thousands)
 
2014
$
2,019

2015
$
2,349

2016
$
2,748

2017
$
3,142

2018
$
3,491

2019 - 2023
$
24,587