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Discontinued Operations
 6 Months Ended
Apr. 30, 2016
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued Operations
DISCONTINUED OPERATIONS
On October 26, 2015, in connection with our 2020 Vision, we sold substantially all of the assets of our Security business to Universal Protection Service, LP (“UPS”) for cash proceeds of $131.0 million, subject to a working capital adjustment. In the second quarter of 2016, the working capital adjustment related to the sale was finalized, resulting in a payment to UPS of $3.1 million. As such, we reduced the gain on sale recorded in the fourth quarter of 2015 by the amount of this adjustment.
Summarized Results of Operations and Cash Flows from Discontinued Operations
 
Three Months Ended April 30,
 
Six Months Ended April 30,
(in millions)
2016
 
2015
 
2016
 
2015
Revenues
$
—

 
$
93.7

 
$
—

 
$
188.6

Expenses(1)
0.8

 
90.1

 
1.8

 
182.6

Working capital adjustment to previously recorded gain
3.1

 
—

 
3.1

 
—

(Loss) income from discontinued operations before income taxes(2)
(3.9
)
 
3.6

 
(4.9
)
 
6.0

Income tax benefit (provision)(3)
1.5

 
(1.3
)
 
2.8

 
(0.3
)
Net (loss) income from discontinued operations
$
(2.4
)
 
$
2.3

 
$
(2.0
)
 
$
5.7

 
 
 
 
 
 
 
 
Net cash used in operating activities of discontinued
   operations(4)
 
 
 
 
$
(22.5
)
 
$
(0.9
)
(1) Consists of amounts that were directly related to the operations of our former Security business, including certain costs that were previously recorded in Corporate expenses. In addition, certain general corporate expenses that were previously allocated to Security are now allocated back to Corporate expenses and the Janitorial segment. Refer to Note 15, “Segment Information,” for further information.
(2) Discontinued operations includes both costs related to ongoing legal cases and insurance reserves associated with our former Security business. We will continue to reflect these types of costs within discontinued operations in future periods. Refer to Note 12, “Commitments and Contingencies,” and Note 10, “Insurance,” for further information.
(3) For the six months ended April 30, 2016, the income tax benefit includes the retroactive reinstatement of the Work Opportunity Tax Credits (“WOTC”).
(4) During the first quarter of 2016, we paid $20.6 million in taxes in connection with the sale of our Security business.