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QUARTERLY RESULTS (Unaudited) (Tables)
12 Months Ended
Oct. 28, 2018
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
Shown below are selected unaudited quarterly data (in thousands, except per share data):
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
FISCAL YEAR 2018
 
 
 
 
 
 
 
 
Sales
$
421,349

 
$
457,069

 
$
548,525

 
$
573,634

 
Gross profit
$
91,917

 
$
104,083

 
$
133,401

 
$
133,281

 
Net income (loss)
$
5,249

 
$
(5,684
)
 
$
35,986

 
$
27,555

 
Net income allocated to participating securities
$
(38
)
 
$

 
$
(221
)
 
$
(138
)
 
Net income (loss) applicable to common shares(3)
$
5,211

 
$
(5,684
)
 
$
35,765

 
$
27,417

 
Income (loss) per common share:(1)(2)
 
 
 
 
 
 
 
 
Basic
$
0.08

 
$
(0.09
)
 
$
0.54

 
$
0.41

 
Diluted
$
0.08

 
$
(0.09
)
 
$
0.54

 
$
0.41

 
 
 
 
 
 
 
 
 
 
FISCAL YEAR 2017
 
 
 
 
 
 
 
 
Sales
$
391,703

 
$
420,464

 
$
469,385

 
$
488,726

 
Gross profit
$
83,951

 
$
100,839

 
$
114,969

 
$
116,305

 
Net income
$
2,039

 
$
16,974

 
$
18,221

 
$
17,490

 
Net income allocated to participating securities
$
(8
)
 
$
(115
)
 
$
(102
)
 
$
(78
)
 
Net income applicable to common shares(3)
$
2,031

 
$
16,859

 
$
18,119

 
$
17,412

 
Income per common share:(1)(2)
 
 
 
 
 
 
 
 
Basic
$
0.03

 
$
0.24

 
$
0.26

 
$
0.25

 
Diluted
$
0.03

 
$
0.24

 
$
0.25

 
$
0.25

 
(1)
The sum of the quarterly income per share amounts may not equal the annual amount reported, as per share amounts are computed independently for each quarter and for the full year based on the respective weighted average common shares outstanding.
(2)
Excludes net income allocated to participating securities. The participating securities are treated as a separate class in computing earnings per share (see Note 8 — Earnings per Common Share).
(3)
The quarterly income before income taxes were impacted by the following special income (expense) items:
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
FISCAL YEAR 2018
 
 
 
 
 
 
 
Loss on extinguishment of debt
$

 
$
(21,875
)
 
$

 
$

(Loss) gain on disposition of business

 
(6,686
)
 
1,013

 

Restructuring and impairment charges, net
(1,094
)
 
(488
)
 
439

 
(769
)
Strategic development and acquisition related costs
(727
)
 
(1,134
)
 
(3,642
)
 
(11,661
)
Acceleration of CEO retirement benefits
(4,600
)
 

 

 

Gain on insurance recovery

 

 
4,741

 

Discrete tax effects of U.S. tax reform
323

 

 

 

Total special income (expense) items in income before income taxes
$
(6,098
)
 
$
(30,183
)
 
$
2,551

 
$
(12,430
)
 
 
 
 
 
 
 
 
FISCAL YEAR 2017
  

 
  

 
  

 
  

Goodwill impairment
$

 
$

 
$

 
$
(6,000
)
Restructuring charges and impairment charges, net
(2,264
)
 
(315
)
 
(1,009
)
 
(1,710
)
Strategic development and acquisition related costs
(357
)
 
(124
)
 
(1,297
)
 
(193
)
Loss on sale of assets and asset recovery

 
(137
)
 

 

Gain on insurance recovery

 
9,601

 
148

 

Unreimbursed business interruption costs

 
(191
)
 
(235
)
 
(28
)
Total special income (expense) items in income before income taxes
$
(2,621
)
 
$
8,834

 
$
(2,393
)
 
$
(7,931
)
Schedule of quarterly income effects of special income (expense) items
The quarterly income before income taxes were impacted by the following special income (expense) items:
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
FISCAL YEAR 2018
 
 
 
 
 
 
 
Loss on extinguishment of debt
$

 
$
(21,875
)
 
$

 
$

(Loss) gain on disposition of business

 
(6,686
)
 
1,013

 

Restructuring and impairment charges, net
(1,094
)
 
(488
)
 
439

 
(769
)
Strategic development and acquisition related costs
(727
)
 
(1,134
)
 
(3,642
)
 
(11,661
)
Acceleration of CEO retirement benefits
(4,600
)
 

 

 

Gain on insurance recovery

 

 
4,741

 

Discrete tax effects of U.S. tax reform
323

 

 

 

Total special income (expense) items in income before income taxes
$
(6,098
)
 
$
(30,183
)
 
$
2,551

 
$
(12,430
)
 
 
 
 
 
 
 
 
FISCAL YEAR 2017
  

 
  

 
  

 
  

Goodwill impairment
$

 
$

 
$

 
$
(6,000
)
Restructuring charges and impairment charges, net
(2,264
)
 
(315
)
 
(1,009
)
 
(1,710
)
Strategic development and acquisition related costs
(357
)
 
(124
)
 
(1,297
)
 
(193
)
Loss on sale of assets and asset recovery

 
(137
)
 

 

Gain on insurance recovery

 
9,601

 
148

 

Unreimbursed business interruption costs

 
(191
)
 
(235
)
 
(28
)
Total special income (expense) items in income before income taxes
$
(2,621
)
 
$
8,834

 
$
(2,393
)
 
$
(7,931
)