Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes Subsidiary Guarantors for Credit Agreement, Term Loan and 2021 Notes (Tables) - Subsidiary Guarantors

9 Months Ended

Jul. 29, 2016

Condensed Financial Statements, Captions [Line Items]

Subsidiary guarantor condensed consolidating statements of operations

Condensed Consolidating Statement of Operations Quarter ended July 29, 2016
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	294,676		$	471,037		$	(179,161	)	$	586,552
Cost of sales	—			250,211			347,943			(143,560		)	454,594
Product development, selling and administrative expenses	12,195			47,189			55,678			(685		)	114,377
Restructuring expenses	—			12,562			11,869			—			24,431
Other (income) expense	—			3,423			(5,104		)	—			(1,681		)
Operating (loss) income	(12,195		)	(18,709		)	60,651			(34,916		)	(5,169		)
Intercompany items	13,466			(14,172		)	(18,072		)	18,778			—
Interest (expense) income, net	(12,252		)	579			566			—			(11,107		)
(Loss) income before income taxes and equity in income of subsidiaries	(10,981		)	(32,302		)	43,145			(16,138		)	(16,276		)
(Benefit) provision for income taxes	(8,012		)	(11,690		)	3,298			—			(16,404		)
Equity in income (loss) of subsidiaries	3,097			12,454			—			(15,551		)	—
Net income (loss) from continuing operations	$	128		$	(8,158	)	$	39,847		$	(31,689	)	$	128
Comprehensive (loss) income	$	(13,032	)	$	(7,959	)	$	39,160		$	(31,201	)	$	(13,032	)

Condensed Consolidating Statement of Operations Quarter ended July 31, 2015
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	430,840		$	611,006		$	(249,663	)	$	792,183
Cost of sales	—			320,352			448,222			(193,736		)	574,838
Product development, selling and administrative expenses	12,294			51,788			64,471			—			128,553
Restructuring expenses	—			7,294			481			—			7,775
Other (income) expense	—			3,771			(5,005		)	—			(1,234		)
Operating income (loss)	(12,294		)	47,635			102,837			(55,927		)	82,251
Intercompany items	16,750			(30,145		)	(6,865		)	20,260			—
Interest (expense) income, net	(16,068		)	1,907			485			—			(13,676		)
Income (loss) before income taxes and equity in income of subsidiaries	(11,612		)	19,397			96,457			(35,667		)	68,575
Provision (benefit) for income taxes	(6,218		)	997			22,460			—			17,239
Equity in income of subsidiaries	56,730			3,449			—			(60,179		)	—
Net income from continuing operations	$	51,336		$	21,849		$	73,997		$	(95,846	)	$	51,336
Comprehensive income	$	13,862		$	23,040		$	36,608		$	(59,648	)	$	13,862

Condensed Consolidating Statement of Operations Nine months ended July 29, 2016
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	851,801		$	1,361,773		$	(498,737	)	$	1,714,837
Cost of sales	—			718,846			1,026,154			(393,671		)	1,351,329
Product development, selling and administrative expenses	31,642			134,314			176,161			(684		)	341,433
Restructuring expenses	395			39,760			44,329			—			84,484
Other (income) expense	—			4,580			(12,408		)	—			(7,828		)
Operating (loss) income	(32,037		)	(45,699		)	127,537			(104,382		)	(54,581		)
Intercompany items	43,729			(206,525		)	117,833			44,963			—
Interest (expense) income, net	(37,552		)	1,033			1,717			—			(34,802		)
(Loss) income before income taxes and equity in income of subsidiaries	(25,860		)	(251,191		)	247,087			(59,419		)	(89,383		)
(Benefit) provision for income taxes	(24,165		)	(20,765		)	10,945			—			(33,985		)
Equity in (loss) income of subsidiaries	(48,237		)	145,774			—			(97,537		)	—
Net (loss) income from continuing operations	$	(49,932	)	$	(84,652	)	$	236,142		$	(156,956	)	$	(55,398	)
Comprehensive (loss) income	$	(57,692	)	$	(84,137	)	$	248,213		$	(164,076	)	$	(57,692	)

Condensed Consolidating Statement of Operations Nine months ended July 31, 2015
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,400,258		$	1,616,442		$	(710,121	)	$	2,306,579
Cost of sales	(6,354		)	1,026,939			1,191,499			(543,451		)	1,668,633
Product development, selling and administrative expenses	35,544			161,298			193,247			—			390,089
Restructuring expenses	252			13,134			6,164			—			19,550
Other (income) expense	68			12,872			(18,287		)	—			(5,347		)
Operating income (loss)	(29,510		)	186,015			243,819			(166,670		)	233,654
Intercompany items	50,106			(75,362		)	(35,306		)	60,562			—
Interest (expense) income, net	(47,449		)	5,242			2,302			—			(39,905		)
Income (loss) before income taxes and equity in income of subsidiaries	(26,853		)	115,895			210,815			(106,108		)	193,749
Provision for income taxes	7,920			25,502			22,508			—			55,930
Equity in income of subsidiaries	172,592			18,818			—			(191,410		)	—
Net income from continuing operations	$	137,819		$	109,211		$	188,307		$	(297,518	)	$	137,819
Comprehensive (loss) income	$	(8,553	)	$	110,087		$	43,757		$	(153,844	)	$	(8,553	)

Condensed Consolidating Statement of Operations Quarter ended July 29, 2016
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	296,926		$	468,787		$	(179,161	)	$	586,552
Cost of sales	—			251,950			346,204			(143,560		)	454,594
Product development, selling and administrative expenses	12,195			47,345			55,521			(684		)	114,377
Restructuring expenses	—			12,563			11,868			—			24,431
Other (income) expense	—			3,421			(5,102		)	—			(1,681		)
Operating (loss) income	(12,195		)	(18,353		)	60,296			(34,917		)	(5,169		)
Intercompany items	13,466			(14,173		)	(18,071		)	18,778			—
Interest (expense) income, net	(12,252		)	581			564			—			(11,107		)
(Loss) income before income taxes and equity in income of subsidiaries	(10,981		)	(31,945		)	42,789			(16,139		)	(16,276		)
(Benefit) provision for income taxes	(8,012		)	(11,660		)	3,268			—			(16,404		)
Equity in income (loss) of subsidiaries	3,097			12,128			—			(15,225		)	—
Net income (loss) from continuing operations	$	128		$	(8,157	)	$	39,521		$	(31,364	)	$	128
Comprehensive (loss) income	$	(13,032	)	$	(7,958	)	$	38,834		$	(30,876	)	$	(13,032	)

Condensed Consolidating Statement of Operations Quarter ended July 31, 2015
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	432,882		$	608,964		$	(249,663	)	$	792,183
Cost of sales	—			322,255			446,319			(193,736		)	574,838
Product development, selling and administrative expenses	12,294			51,788			64,471			—			128,553
Restructuring expenses	—			7,294			481			—			7,775
Other (income) expense	—			3,769			(5,003		)	—			(1,234		)
Operating income (loss)	(12,294		)	47,776			102,696			(55,927		)	82,251
Intercompany items	16,750			(30,145		)	(6,865		)	20,260			—
Interest (expense) income, net	(16,068		)	1,863			529			—			(13,676		)
Income (loss) before income taxes and equity in income of subsidiaries	(11,612		)	19,494			96,360			(35,667		)	68,575
Provision (benefit) for income taxes	(6,218		)	997			22,460			—			17,239
Equity in income of subsidiaries	56,730			26,378			—			(83,108		)	—
Net income from continuing operations	$	51,336		$	44,875		$	73,900		$	(118,775	)	$	51,336
Comprehensive income	$	13,862		$	46,066		$	36,511		$	(82,577	)	$	13,862

Condensed Consolidating Statement of Operations Nine months ended July 29, 2016
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	857,961		$	1,355,613		$	(498,737	)	$	1,714,837
Cost of sales	—			723,843			1,021,157			(393,671		)	1,351,329
Product development, selling and administrative expenses	31,642			134,775			175,700			(684		)	341,433
Restructuring expenses	395			39,760			44,329			—			84,484
Other (income) expense	—			4,567			(12,395		)	—			(7,828		)
Operating (loss) income	(32,037		)	(44,984		)	126,822			(104,382		)	(54,581		)
Intercompany items	43,729			(206,525		)	117,833			44,963			—
Interest (expense) income, net	(37,552		)	1,056			1,694			—			(34,802		)
(Loss) income before income taxes and equity in income of subsidiaries	(25,860		)	(250,453		)	246,349			(59,419		)	(89,383		)
(Benefit) provision for income taxes	(24,165		)	(20,989		)	11,169			—			(33,985		)
Equity in (loss) income of subsidiaries	(48,237		)	144,812			—			(96,575		)	—
Net (loss) income from continuing operations	$	(49,932	)	$	(84,652	)	$	235,180		$	(155,994	)	$	(55,398	)
Comprehensive (loss) income	$	(57,692	)	$	(84,137	)	$	247,251		$	(163,114	)	$	(57,692	)

Condensed Consolidating Statement of Operations Nine months ended July 31, 2015
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	1,405,663		$	1,611,037		$	(710,121	)	$	2,306,579
Cost of sales	(6,354		)	1,032,345			1,186,093			(543,451		)	1,668,633
Product development, selling and administrative expenses	35,544			161,298			193,247			—			390,089
Restructuring expenses	252			13,134			6,164			—			19,550
Other (income) expense	68			12,863			(18,278		)	—			(5,347		)
Operating income (loss)	(29,510		)	186,023			243,811			(166,670		)	233,654
Intercompany items	50,106			(75,362		)	(35,306		)	60,562			—
Interest (expense) income, net	(47,449		)	4,999			2,545			—			(39,905		)
Income (loss) before income taxes and equity in income of subsidiaries	(26,853		)	115,660			211,050			(106,108		)	193,749
Provision for income taxes	7,920			25,488			22,522			—			55,930
Equity in income of subsidiaries	172,592			41,747			—			(214,339		)	—
Net income from continuing operations	$	137,819		$	131,919		$	188,528		$	(320,447	)	$	137,819
Comprehensive (loss) income	$	(8,553	)	$	132,795		$	43,978		$	(176,773	)	$	(8,553	)

Subsidiary guarantor condensed consolidating balance sheets

Condensed Consolidating Balance Sheet As of July 29, 2016
In thousands	Parent Company			Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	20,584		$	4,257	$	157,984	$	—		$	182,825
Accounts receivable, net	—			139,901		517,705		(10,589		)	647,017
Inventories	—			404,768		579,967		(88,478		)	896,257
Other current assets	7,129			10,966		73,305		—			91,400
Assets held for sale	—			33,547		177		—			33,724
Total current assets	27,713			593,439		1,329,138		(99,067		)	1,851,223
Property, plant and equipment, net	19,193			222,504		437,261		(5,015		)	673,943
Other assets:
Other intangible assets, net	—			190,987		38,716		—			229,703
Goodwill	—			342,643		8,097		—			350,740
Deferred income taxes	153,869			—		48,594		—			202,463
Other non-current assets	2,437,379			1,862,532		3,178,408		(7,352,974		)	125,345
Total other assets	2,591,248			2,396,162		3,273,815		(7,352,974		)	908,251
Total assets	$	2,638,154		$	3,212,105	$	5,040,214	$	(7,457,056	)	$	3,433,417
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings, including current portion of long-term obligations	$	28,125		$	—	$	4,420	$	—		$	32,545
Trade accounts payable	2,238			80,060		149,415		—			231,713
Employee compensation and benefits	6,445			26,227		43,668		—			76,340
Advance payments and progress billings	—			71,188		136,281		(10,032		)	197,437
Accrued warranties	—			13,322		27,966		—			41,288
Other accrued liabilities	90,009			55,425		71,591		(7,156		)	209,869
Current liabilities of discontinued operations	—			—		—		—			—
Total current liabilities	126,817			246,222		433,341		(17,188		)	789,192
Long-term obligations	974,202			—		45		—			974,247
Other liabilities:
Liabilities for postretirement benefits	17,546			—		—		—			17,546
Accrued pension costs	160,894			—		—		—			160,894
Other non-current liabilities	(14,151		)	10,439		122,404		—			118,692
Total other liabilities	164,289			10,439		122,404		—			297,132
Shareholders’ equity	1,372,846			2,955,444		4,484,424		(7,439,868		)	1,372,846
Total liabilities and shareholders’ equity	$	2,638,154		$	3,212,105	$	5,040,214	$	(7,457,056	)	$	3,433,417

Condensed Consolidating Balance Sheet As of October 30, 2015
In thousands	Parent Company		Subsidiary Guarantors		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	581	$	2,008	$	100,296	$	—		$	102,885
Accounts receivable, net	—		214,381		597,826		(134		)	812,073
Inventories	—		508,774		607,461		(108,310		)	1,007,925
Other current assets	58,441		15,610		71,508		—			145,559
Total current assets	59,022		740,773		1,377,091		(108,444		)	2,068,442
Property, plant and equipment, net	21,318		297,476		478,253		(5,015		)	792,032
Other assets:
Other intangible assets, net	—		207,891		47,819		—			255,710
Goodwill	—		346,348		8,273		—			354,621
Deferred income taxes	49,660		—		69,253		—			118,913
Other non-current assets	2,740,518		2,078,294		2,517,110		(7,213,194		)	122,728
Total other assets	2,790,178		2,632,533		2,642,455		(7,213,194		)	851,972
Total assets	$	2,870,518	$	3,670,782	$	4,497,799	$	(7,326,653	)	$	3,712,446
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings, including current portion of long-term obligations	$	18,750	$	—	$	7,571	$	—		$	26,321
Trade accounts payable	3,342		96,891		175,556		—			275,789
Employee compensation and benefits	5,843		36,527		47,965		—			90,335
Advance payments and progress billings	—		100,312		149,795		(20,637		)	229,470
Accrued warranties	—		19,027		33,119		—			52,146
Other accrued liabilities	76,650		60,228		100,660		(12,261		)	225,277
Current liabilities of discontinued operations	—		11,582		—		—			11,582
Total current liabilities	104,585		324,567		514,666		(32,898		)	910,920
Long-term obligations	1,060,598		—		45		—			1,060,643
Other liabilities:
Liabilities for postretirement benefits	18,662		878		—		—			19,540
Accrued pension costs	159,594		8,406		7,699		—			175,699
Other non-current liabilities	81,595		8,325		35,715		—			125,635
Total other liabilities	259,851		17,609		43,414		—			320,874
Shareholders’ equity	1,445,484		3,328,606		3,939,674		(7,293,755		)	1,420,009
Total liabilities and shareholders’ equity	$	2,870,518	$	3,670,782	$	4,497,799	$	(7,326,653	)	$	3,712,446

Condensed Consolidating Balance Sheet As of July 29, 2016
In thousands	Parent Company			Supplemental Subsidiary Guarantors		Supplemental Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	20,584		$	4,384	$	157,857	$	—		$	182,825
Accounts receivable, net	—			140,809		516,797		(10,589		)	647,017
Inventories	—			410,176		574,559		(88,478		)	896,257
Other current assets	7,129			11,615		72,656		—			91,400
Assets held for sale	—			33,547		177		—			33,724
Total current assets	27,713			600,531		1,322,046		(99,067		)	1,851,223
Property, plant and equipment, net	19,193			223,938		435,827		(5,015		)	673,943
Other assets:
Other intangible assets, net	—			190,987		38,716		—			229,703
Goodwill	—			342,643		8,097		—			350,740
Deferred income taxes	153,869			—		48,594		—			202,463
Other non-current assets	2,437,379			1,891,233		3,149,707		(7,352,974		)	125,345
Total other assets	2,591,248			2,424,863		3,245,114		(7,352,974		)	908,251
Total assets	$	2,638,154		$	3,249,332	$	5,002,987	$	(7,457,056	)	$	3,433,417
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings, including current portion of long-term obligations	$	28,125		$	—	$	4,420	$	—		$	32,545
Trade accounts payable	2,238			80,289		149,186		—			231,713
Employee compensation and benefits	6,445			26,308		43,587		—			76,340
Advance payments and progress billings	—			71,227		136,242		(10,032		)	197,437
Accrued warranties	—			13,322		27,966		—			41,288
Other accrued liabilities	90,009			55,465		71,551		(7,156		)	209,869
Current liabilities of discontinued operations	—			—		—		—			—
Total current liabilities	126,817			246,611		432,952		(17,188		)	789,192
Long-term obligations	974,202			—		45		—			974,247
Other liabilities:
Liabilities for postretirement benefits	17,546			—		—		—			17,546
Accrued pension costs	160,894			—		—		—			160,894
Other non-current liabilities	(14,151		)	10,439		122,404		—			118,692
Total other liabilities	164,289			10,439		122,404		—			297,132
Shareholders’ equity	1,372,846			2,992,283		4,447,585		(7,439,868		)	1,372,846
Total liabilities and shareholders’ equity	$	2,638,154		$	3,249,333	$	5,002,986	$	(7,457,056	)	$	3,433,417

Condensed Consolidating Balance Sheet As of October 30, 2015
In thousands	Parent Company		Supplemental Subsidiary Guarantors		Supplemental Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Current assets:
Cash and cash equivalents	$	581	$	2,008	$	100,296	$	—		$	102,885
Accounts receivable, net	—		214,381		597,826		(134		)	812,073
Inventories	—		508,774		607,461		(108,310		)	1,007,925
Other current assets	58,441		15,610		71,508		—			145,559
Total current assets	59,022		740,773		1,377,091		(108,444		)	2,068,442
Property, plant and equipment, net	21,318		297,476		478,253		(5,015		)	792,032
Other assets:
Other intangible assets, net	—		207,891		47,819		—			255,710
Goodwill	—		346,348		8,273		—			354,621
Deferred income taxes	49,660		—		69,253		—			118,913
Other non-current assets	2,740,518		2,078,294		2,517,110		(7,213,194		)	122,728
Total other assets	2,790,178		2,632,533		2,642,455		(7,213,194		)	851,972
Total assets	$	2,870,518	$	3,670,782	$	4,497,799	$	(7,326,653	)	$	3,712,446
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term borrowings, including current portion of long-term obligations	$	18,750	$	—	$	7,571	$	—		$	26,321
Trade accounts payable	3,342		96,891		175,556		—			275,789
Employee compensation and benefits	5,843		36,527		47,965		—			90,335
Advance payments and progress billings	—		100,312		149,795		(20,637		)	229,470
Accrued warranties	—		19,027		33,119		—			52,146
Other accrued liabilities	76,650		60,228		100,660		(12,261		)	225,277
Current liabilities of discontinued operations	—		11,582		—		—			11,582
Total current liabilities	104,585		324,567		514,666		(32,898		)	910,920
Long-term obligations	1,060,598		—		45		—			1,060,643
Other liabilities:
Liabilities for postretirement benefits	18,662		878		—		—			19,540
Accrued pension costs	159,594		8,406		7,699		—			175,699
Other non-current liabilities	81,595		8,325		35,715		—			125,635
Total other liabilities	259,851		17,609		43,414		—			320,874
Shareholders’ equity	1,445,484		3,328,606		3,939,674		(7,293,755		)	1,420,009
Total liabilities and shareholders’ equity	$	2,870,518	$	3,670,782	$	4,497,799	$	(7,326,653	)	$	3,712,446

Subsidiary guarantor condensed consolidating statements of cash flow

Condensed Consolidating Statement of Cash Flows Nine months ended July 29, 2016
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Consolidated
Operating Activities:
Net cash provided (used) by operating activities	$	101,711		$	(3,527	)	$	80,599		$	178,783
Investing Activities:
Property, plant and equipment acquired	(559		)	(7,538		)	(23,887		)	(31,984		)
Proceeds from sale of property, plant and equipment	—			13,314			6,764			20,078
Other investing activities, net	184			—			—			184
Net cash (used) provided by investing activities	(375		)	5,776			(17,123		)	(11,722		)
Financing Activities:
Dividends paid	(2,972		)	—			—			(2,972		)
Repayments of term loan	(18,750		)	—			—			(18,750		)
Payments on credit agreement	(58,600		)	—			—			(58,600		)
Repayments of short-term debt	—			—			(3,214		)	(3,214		)
Financing fees	(1,011		)	—			—			(1,011		)
Net cash used by financing activities	(81,333		)	—			(3,214		)	(84,547		)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	—			—			(2,574		)	(2,574		)
Increase in Cash and Cash Equivalents	20,003			2,249			57,688			79,940
Cash and Cash Equivalents at Beginning of Period	581			2,008			100,296			102,885
Cash and Cash Equivalents at End of Period	$	20,584		$	4,257		$	157,984		$	182,825

Condensed Consolidating Statement of Cash Flows Nine months ended July 31, 2015
In thousands	Parent Company			Subsidiary Guarantors			Non-Guarantor Subsidiaries			Consolidated
Operating Activities:
Net cash provided by operating activities	76,032			14,392			78,290			168,714
Investing Activities:
Acquisition of business, net of cash acquired	—			—			(114,353		)	(114,353		)
Property, plant and equipment acquired	(141		)	(17,429		)	(40,251		)	(57,821		)
Proceeds from sale of property, plant and equipment	942			214			2,915			4,071
Other investing activities, net	(1,227		)	—			1,852			625
Net cash used by investing activities	(426		)	(17,215		)	(149,837		)	(167,478		)
Financing Activities:
Common stock issued	2,853			—			—			2,853
Dividends paid	(58,456		)	—			—			(58,456		)
Repayments of short-term debt	—			(11,634		)	89			(11,545		)
Treasury stock purchased	(50,000		)	—			—			(50,000		)
Other financing activities, net	261			—			—			261
Net cash (used) provided by financing activities	(105,342		)	(11,634		)	89			(116,887		)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	—			—			(13,640		)	(13,640		)
Decrease in Cash and Cash Equivalents	(29,736		)	(14,457		)	(85,098		)	(129,291		)
Cash and Cash Equivalents at Beginning of Period	54,874			16,429			198,888			270,191
Cash and Cash Equivalents at End of Period	$	25,138		$	1,972		$	113,790		$	140,900

Condensed Consolidating Statement of Cash Flows Nine months ended July 29, 2016
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Consolidated
Operating Activities:
Net cash provided (used) by operating activities	$	101,711		$	(3,400	)	$	80,472		$	178,783
Investing Activities:
Property, plant and equipment acquired	(559		)	(7,538		)	(23,887		)	(31,984		)
Proceeds from sale of property, plant and equipment	—			13,314			6,764			20,078
Other investing activities, net	184			—			—			184
Net cash (used) provided by investing activities	(375		)	5,776			(17,123		)	(11,722		)
Financing Activities:
Dividends paid	(2,972		)	—			—			(2,972		)
Repayments of term loan	(18,750		)	—			—			(18,750		)
Payments on credit agreement	(58,600		)	—			—			(58,600		)
Repayments of short-term debt	—			—			(3,214		)	(3,214		)
Financing fees	(1,011		)	—			—			(1,011		)
Net cash used by financing activities	(81,333		)	—			(3,214		)	(84,547		)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	—			—			(2,574		)	(2,574		)
Increase in Cash and Cash Equivalents	20,003			2,376			57,561			79,940
Cash and Cash Equivalents at Beginning of Period	581			2,008			100,296			102,885
Cash and Cash Equivalents at End of Period	$	20,584		$	4,384		$	157,857		$	182,825

Condensed Consolidating Statement of Cash Flow Nine months ended July 31, 2015
In thousands	Parent Company			Supplemental Subsidiary Guarantors			Supplemental Non-Guarantor Subsidiaries			Consolidated
Operating Activities:
Net cash provided by operating activities	76,032			14,882			77,800			168,714
Investing Activities:
Acquisition of business, net of cash acquired	—			—			(114,353		)	(114,353		)
Property, plant and equipment acquired	(141		)	(17,429		)	(40,251		)	(57,821		)
Proceeds from sale of property, plant and equipment	942			214			2,915			4,071
Other investing activities, net	(1,227		)	—			1,852			625
Net cash used by investing activities	(426		)	(17,215		)	(149,837		)	(167,478		)
Financing Activities:
Common stock issued	2,853			—			—			2,853
Dividends paid	(58,456		)	—			—			(58,456		)
Repayments of short-term debt	—			(11,634		)	89			(11,545		)
Treasury stock purchased	(50,000		)	—			—			(50,000		)
Other financing activities, net	261			—			—			261
Net cash (used) provided by financing activities	(105,342		)	(11,634		)	89			(116,887		)
Effect of Exchange Rate Changes on Cash and Cash Equivalents	—			—			(13,640		)	(13,640		)
Decrease in Cash and Cash Equivalents	(29,736		)	(13,967		)	(85,588		)	(129,291		)
Cash and Cash Equivalents at Beginning of Period	54,874			16,429			198,888			270,191
Cash and Cash Equivalents at End of Period	$	25,138		$	2,462		$	113,300		$	140,900