XML 49 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1
Selected Quarterly Financial Data (Unaudited)
 12 Months Ended
Oct. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Selected Quarterly Financial Data (Unaudited)
SELECTED QUARTERLY FINANCIAL DATA (UNAUDITED)
 
 
 
Fiscal Quarter
 
(in millions, except per share amounts)
First
 
Second
 
Third
 
Fourth
 
Year ended October 31, 2018
 
 
 
 
 
 
 
 
Revenues
$
1,588.3

 
$
1,580.8

 
$
1,624.3

 
$
1,648.8

 
Gross profit
159.0

 
175.0

 
177.6

 
183.1

 
Income from continuing operations
28.0

 
25.4

 
33.7

 
8.9

 
(Loss) income from discontinued operations, net of taxes
(0.1
)
 
1.2

 
(0.1
)
 
0.8

 
Net income
$
27.8

(1) 
$
26.6

 
$
33.6

 
$
9.7

(2) 
 
 
 
 
 
 
 
 
 
Net income per common share — Basic
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.42

 
$
0.38

 
$
0.51

 
$
0.13

 
Income from discontinued operations
—

 
0.02

 
—

 
0.01

 
Net income
$
0.42

 
$
0.40

 
$
0.51

 
$
0.15

 
 
 
 
 
 
 
 
 
 
Net income per common share — Diluted
 
 
 
 
 
 
 
 
Income from continuing operations
$
0.42

 
$
0.38

 
$
0.51

 
$
0.13

 
Income from discontinued operations
—

 
0.02

 
—

 
0.01

 
Net income
$
0.42

(1) 
$
0.40

 
$
0.51

 
$
0.15

(2) 
 
 
 
 
 
 
 
 
 
Year ended October 31, 2017
 
 
 
 
 
 
 
 
Revenues
$
1,326.7

 
$
1,310.5

 
$
1,318.4

 
$
1,497.9

 
Gross profit
131.6

 
145.9

 
134.0

 
160.9

 
Income (loss) from continuing operations
16.1

 
31.6

 
32.9

 
(2.5
)
 
Loss from discontinued operations, net of taxes
(72.9
)
 
(0.4
)
 
—

 
(1.1
)
 
Net (loss) income
$
(56.8
)
 
$
31.3

 
$
32.9

 
$
(3.6
)
(3) 
 
 
 
 
 
 
 
 
 
Net (loss) income per common share — Basic
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.29

 
$
0.56

 
$
0.59

 
$
(0.04
)
 
Loss from discontinued operations
(1.30
)
 
(0.01
)
 
—

 
(0.02
)
 
Net (loss) income
$
(1.01
)
 
$
0.56

 
$
0.59

 
$
(0.06
)
 
 
 
 
 
 
 
 
 
 
Net (loss) income per common share — Diluted
 
 
 
 
 
 
 
 
Income (loss) from continuing operations
$
0.28

 
$
0.56

 
$
0.58

 
$
(0.04
)
 
Loss from discontinued operations
(1.28
)
 
(0.01
)
 
—

 
(0.02
)
 
Net (loss) income
$
(1.00
)
 
$
0.55

 
$
0.58

 
$
(0.06
)
(3) 

(1) Includes a one-time net tax benefit of $22.6 million, or $0.34 per diluted share, related to the Tax Act.
(2) Includes goodwill and asset impairment charges of $26.5 million, or $0.40 per diluted share.
(3) Includes transaction expenses of $22.0 million, or $0.38 per diluted share, related to the GCA acquisition.