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INCOME TAXES (Tables) | 12 Months Ended
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Oct. 31, 2023
Income Tax Disclosure [Abstract] |
Schedule of Income before Income Tax, Domestic and Foreign [Table Text Block] | The components of income before income taxes and noncontrolling interests are as follows (in thousands):
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Domestic | $479,990 |  |  | $429,329 |  |  | $345,733 |
Foreign | 75,293 |  |  | 61,694 |  |  | 41,325 |
Income before taxes and noncontrolling interests | $555,283 |  |  | $491,023 |  |  | $387,058 |
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block] | The components of the provision for income taxes on income before income taxes and noncontrolling interests are as follows (in thousands):
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Current: |  |  |  |  |
Federal | $96,492 |  |  | $63,861 |  |  | $47,839 |
State | 18,225 |  |  | 13,015 |  |  | 11,639 |
Foreign | 22,714 |  |  | 14,648 |  |  | 13,457 |
| 137,431 |  |  | 91,524 |  |  | 72,935 |
Deferred: |  |  |  |  |
Federal | (19,049) |  |  | 8,154 |  |  | (10,097) |
State | (4,311) |  |  | 1,129 |  |  | (3,251) |
Foreign | (3,171) |  |  | (407) |  |  | (2,287) |
| (26,531) |  |  | 8,876 |  |  | (15,635) |
Total income tax expense | $110,900 |  |  | $100,400 |  |  | $57,300 |
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block] | A reconciliation of the federal statutory income tax rate to the Company’s effective tax rate is as follows:
| Year ended October 31,
| 2023 |  | 2022 |  | 2021
Federal statutory income tax rate | 21.0 | % |  | 21.0 | % |  | 21.0 | %
State taxes, net of federal income tax benefit | 2.5 | % |  | 2.6 | % |  | 2.9 | %
Tax benefit related to stock option exercises | (1.1 | %) |  | (3.6 | %) |  | (3.7 | %)
Tax-exempt (gains) losses on corporate-owned life insurance policies | (.6 | %) |  | 2.8 | % |  | (2.9 | %)
Research and development tax credits | (1.9 | %) |  | (1.5 | %) |  | (2.5 | %)
Foreign derived intangible income deduction | (1.9 | %) |  | (1.9 | %) |  | (1.9 | %)
Nondeductible compensation | 1.4 | % |  | 1.2 | % |  | 1.2 | %
Other, net | .6 | % |  | (.2 | %) |  | .7 | %
Effective tax rate | 20.0 | % |  | 20.4 | % |  | 14.8 | %
Schedule of Deferred Tax Assets and Liabilities [Table Text Block] | Significant components of the Company’s deferred tax assets and liabilities are as follows (in thousands):
| As of October 31,
| 2023 |  | 2022
Deferred tax assets: |  |  |
Inventories | $85,560 |  |  | $51,505 |
Deferred compensation plan liability | 44,882 |  |  | 42,285 |
Capitalized research and development costs | 29,142 |  |  | 543 |
Operating lease liabilities | 26,771 |  |  | 20,043 |
Interest expense limitation carryforward | 24,770 |  |  | 24 |
Share-based compensation | 10,665 |  |  | 9,177 |
Performance-based compensation accrual | 6,632 |  |  | 4,482 |
Customer rebates accrual | 4,145 |  |  | 3,323 |
Other | 17,832 |  |  | 17,107 |
Total deferred tax assets | 250,399 |  |  | 148,489 |
Deferred tax liabilities: |  |  |
Goodwill and other intangible assets | (324,774) |  |  | (176,436) |
Property, plant and equipment | (28,533) |  |  | (21,746) |
Operating lease right-of-use assets | (25,620) |  |  | (19,344) |
Other | (3,318) |  |  | (2,125) |
Total deferred tax liabilities | (382,245) |  |  | (219,651) |
Net deferred tax liability | ($131,846) |  |  | ($71,162) |
Summary of Income Tax Contingencies [Table Text Block] | A reconciliation of the activity related to the liability for gross unrecognized tax benefits during fiscal 2023 and 2022 is as follows (in thousands):
| Year ended October 31,
| 2023 |  | 2022
Balances as of beginning of year | $3,503 |  |  | $4,072 |
Increases related to current year tax positions | 1,356 |  |  | 870 |
Increases related to prior year tax positions | 214 |  |  | — |
Decreases related to prior year tax positions | — |  |  | (286) |
Settlements | — |  |  | (522) |
Lapses of statutes of limitations | (710) |  |  | (631) |
Balance as of end of year | $4,363 |  |  | $3,503 |

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