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Derivative Financial Instruments (Tables)
3 Months Ended
Jan. 31, 2014
Derivative Instruments And Hedging Activities Disclosure [Abstract]  
Outstanding Derivative Contracts Entered into Hedge Forecasted Purchases

As of January 31, 2014, the Company had the following outstanding derivative contracts that were entered into to hedge forecasted purchases:

 

In thousands    Commodity      Notional
Amount
     Maturity      Fair
Value
 

United States dollars

     Inventory       $ 250,613         Feb 2014 –June 2015       $ 4,473   
Fair Values of Assets and Liabilities Measured and Recognized at Fair Value

The following tables reflect the fair values of assets and liabilities measured and recognized at fair value on a recurring basis on the accompanying condensed consolidated balance sheets as of the dates indicated:

 

     Fair Value Measurements Using      Assets/(Liabilities)  
In thousands    Level 1      Level 2     Level 3      At Fair Value  

January 31, 2014:

  

Derivative assets:

          

Other receivables

   $ —         $ 4,026      $ —         $ 4,026   

Other assets

     —           521        —           521   

Derivative liabilities:

          

Accrued liabilities

     —           (74     —           (74
  

 

 

    

 

 

   

 

 

    

 

 

 

Total fair value

   $ —         $ 4,473      $ —         $ 4,473   
  

 

 

    

 

 

   

 

 

    

 

 

 

October 31, 2013:

  

Derivative assets:

          

Other receivables

   $ —         $ 2,026      $ —         $ 2,026   

Other assets

     —           382        —           382   

Derivative liabilities:

          

Accrued liabilities

     —           (3,313     —           (3,313
  

 

 

    

 

 

   

 

 

    

 

 

 

Total fair value

   $ —         $ (905   $ —         $ (905