ACQUISITION (Tables)

12 Months Ended

Nov. 01, 2015

Pro Forma Financial Information Related to Acquisition

The pro forma information does not reflect any expected synergies or expense reductions that we believe will result from the acquisition.



	Unaudited Pro Forma
	Fiscal year ended
(In thousands, except per share amounts)	November 1, 2015		November 2, 2014
Sales	$	1,608,179	$	1,605,707
Net income (loss) applicable to common shares	22,266		(106		)
Income (loss) per common share
Basic	$	0.31	$	—
Diluted	$	0.30	$	—

Estimated Fair Value of Assets Acquired and Liabilities Assumed

The following table summarizes the estimated fair values of the assets acquired and liabilities assumed as part of the CENTRIA Acquisition as of January 16, 2015 as determined in accordance with ASC Topic 805. The fair value of all assets acquired and liabilities assumed are preliminary and the final determination of any required acquisition method adjustments will be made upon the completion of the determination of the post-closing adjustment in the Interest Purchase Agreement and the finalization of certain contingent assets and liabilities.



(In thousands)	January 16, 2015
Cash	$	8,718
Current assets, excluding cash	$	74,725
Property, plant and equipment	34,127
Intangible assets	128,280
Assets acquired	$	245,850
Current liabilities	$	63,797
Other long-term liabilities	8,893
Liabilities assumed	$	72,690
Fair value of net assets acquired	$	173,160
Total consideration paid	255,841
Goodwill	$	82,681

Intangible Assets Acquired as Part of Business Combination

The amount allocated to intangible assets was attributed to the following categories (in thousands):



			Useful Lives
Backlog	$	8,400	9 months
Trade names	13,980		15 years
Customer lists and relationships	105,900		20 years
	$	128,280