Income Taxes (Tables)

12 Months Ended

Oct. 31, 2012

Summary of Provision for Income Taxes from Continuing Operations

A summary of the provision for income taxes from continuing operations is as follows:

	Year Ended October 31,
In thousands	2012			2011			2010
Current:
Federal	$	263		$	512		$	(1,502	)
State		408			(132	)		1,140
Foreign		14,585			13,248			18,090
		15,256			13,628			17,728
Deferred:
Federal		152			(181	)		(2,872	)
State		322			(33	)		(1,087	)
Foreign		(8,173	)		(27,729	)		9,664
		(7,699	)		(27,943	)		5,705
Provision (benefit) for income taxes	$	7,557		$	(14,315	)	$	23,433

Schedule of Effective Federal Income Tax Rates, Computed and Expected

A reconciliation of the effective income tax rate to a computed “expected” statutory federal income tax rate is as follows:

	Year Ended October 31,
	2012			2011			2010
Computed “expected” statutory federal income tax rate		35.0	%		35.0	%		35.0	%
State income taxes, net of federal income tax benefit		(18.7	)		0.4			(10.0	)
Foreign tax rate differential		(72.4	)		(16.4	)		15.7
Foreign tax exempt income		224.6			18.8			(38.2	)
Goodwill impairment		—			(76.5	)		—
Stock-based compensation		(152.0	)		(5.7	)		4.2
Uncertain tax positions		76.4			215.5			(3.1	)
Valuation allowance		(513.2	)		(118.4	)		133.1
Other		74.6			(8.2	)		16.1
Effective income tax rate		(345.7	)%		44.5	%		152.8	%

Components of Net Deferred Income Taxes

The components of net deferred income taxes are as follows:

	October 31,
In thousands	2012			2011
Deferred income tax assets:
Allowance for doubtful accounts	$	7,532		$	8,431
Unrealized gains and losses		5,541			12,946
Tax loss carry forwards		342,529			253,611
Accruals and other		79,037			70,515
		434,639			345,503
Deferred income tax liabilities:
Depreciation and amortization		(12,909	)		(7,041	)
Intangibles		(27,218	)		(26,310	)
		(40,127	)		(33,351	)
Deferred income taxes		394,512			312,152
Valuation allowance		(254,491	)		(156,065	)
Net deferred income taxes	$	140,021		$	156,087

Summary of Unrecognized Tax Benefits (Excluding Interest and Penalties and Related Tax Carryforwards)

The following table summarizes the activity related to the Company’s unrecognized tax benefits (excluding interest and penalties and related tax carry forwards):

	Year ended October 31,
In thousands	2012			2011
Balance, beginning of year	$	10,401		$	144,923
Gross increases related to current year tax positions		1,166			262
Settlements		—			(134,190	)
Lapse in statute of limitation		(598	)		(545	)
Foreign exchange and other		(182	)		(49	)
Balance, end of year	$	10,787		$	10,401