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Condensed Consolidated Balance Sheets (USD $)
In Thousands, unless otherwise specified
Jan. 31, 2013
Oct. 31, 2012
Current assets    
Cash and cash equivalents $ 36,426 [1] $ 43,459 [1]
Trade accounts receivable, net of allowances of $11,963 and $11,125 at January 31, 2013 and October 31, 2012, respectively 642,870 561,317
Notes receivable and other 35,346 43,960
Prepaid expenses 58,687 46,672
Prepaid income taxes 251 385
Deferred income taxes, net 37,028 43,671
Insurance recoverables 9,870 9,870
Total current assets 820,478 749,334
Insurance deposits 27,982 31,720
Other investments and long-term receivables 4,623 5,666
Investments in unconsolidated affiliates, net 15,422 14,863
Investments in auction rate securities 17,832 [2] 17,780 [2]
Property, plant and equipment, net of accumulated depreciation of $116,307 and $107,771 at January 31, 2013 and October 31, 2012, respectively 74,232 59,909
Other intangible assets, net of accumulated amortization of $107,499 and $100,180 at January 31, 2013 and October 31, 2012, respectively 160,918 109,138
Goodwill 869,766 751,610
Noncurrent deferred income taxes, net 2,324 17,610
Noncurrent insurance recoverables 54,660 54,630
Other assets 39,911 38,898
Total assets 2,088,148 1,851,158
Current liabilities    
Trade accounts payable 131,114 130,410
Accrued liabilities    
Compensation 119,634 121,855
Taxes-other than income 30,140 19,437
Insurance claims 80,189 80,192
Other 93,850 95,473
Income taxes payable 4,227 8,450
Total current liabilities 459,154 455,817
Noncurrent income taxes payable 29,418 27,773
Line of credit 423,000 [3] 215,000 [3]
Retirement plans and other 43,753 38,558
Noncurrent insurance claims 273,360 263,612
Total liabilities 1,228,685 1,000,760
Commitments and contingencies      
Stockholders' Equity    
Preferred stock, $0.01 par value; 500,000 shares authorized; none issued      
Common stock, $0.01 par value; 100,000,000 shares authorized; 54,627,987 and 54,393,907 shares issued and outstanding at January 31, 2013 and October 31, 2012, respectively 546 544
Additional paid-in capital 238,870 234,636
Accumulated other comprehensive loss, net of taxes (2,180) (2,154)
Retained earnings 622,227 617,372
Total stockholders' equity 859,463 850,398
Total liabilities and stockholders' equity $ 2,088,148 $ 1,851,158
[1] Cash and cash equivalents are stated at nominal value, which equals fair value.
[2] As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, "Auction Rate Securities," for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.
[3] Represents the Company's $650.0 million five-year syndicated line of credit. Due to variable interest rates, the carrying value of outstanding borrowings under the Company's line of credit approximates its fair value. See Note 8, "Line of Credit," for more information