ACQUISITIONS (Tables)

9 Months Ended

Jul. 31, 2016

Schedule of Estimated Fair Value of Assets and Liabilities Assumed from Acquisition

The following table summarizes the 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 were finalized during the first quarter of fiscal 2016, including certain contingent assets and liabilities and the post-closing working capital adjustment, which did not result in any material adjustments during the first quarter of fiscal 2016. As we continue to integrate CENTRIA into our existing operations, we may identify integration charges that would be required to be recognized.



(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	61,869
Other long-term liabilities	8,893
Liabilities assumed	70,762
Fair value of net assets acquired	175,088
Total cash consideration transferred	257,927
Goodwill	$	82,839

The fair values of the assets acquired and liabilities assumed as part of this acquisition as of November 3, 2015, as determined in accordance with ASC Topic 805, were as follows (in thousands):



	November 3, 2015
Current assets	$	307
Property, plant and equipment	4,810
Assets acquired	5,117
Current liabilities assumed	380
Fair value of net assets acquired	4,737
Total cash consideration transferred	2,201
Deferred tax liabilities	672
Gain from bargain purchase	$	(1,864	)

Schedule of Acquisition Pro Forma Information

The following table shows our unaudited financial information and unaudited pro forma financial information for the nine month periods ended July 31, 2016 and August 2, 2015, respectively (in thousands, except per share amounts):



	(Unaudited)		Pro Forma (Unaudited)
	Fiscal Nine Months Ended
	July 31, 2016		August 2, 2015
Sales	$	1,204,614	$	1,148,348
Net income applicable to common shares	31,761		785
Income per common share:
Basic	$	0.44	$	0.01
Diluted	$	0.43	$	0.01

Schedule of Intangible Assets Acquired from Acquisition

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