XML 35 R25.htm IDEA: XBRL DOCUMENT v3.22.4
REVENUE (Tables)
 3 Months Ended
Jan. 31, 2023
Revenue from Contract with Customer [Abstract]  
Contract with Customer, Asset and Liability [Table Text Block] Changes in the Company’s contract assets and liabilities for the three months ended January 31, 2023 are as follows (in thousands):
January 31, 2023October 31, 2022Change
Contract assets $101,540 $93,978 $7,562 
Contract liabilities 83,876 58,757 25,119 
Net contract assets $17,664 $35,221 ($17,557)
Product Line [Member]  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue [Table Text Block] The following table summarizes the Company’s net sales by product line for each operating segment (in thousands):
Three months ended January 31,
20232022
Flight Support Group:
Aftermarket replacement parts (1)
$208,643 $150,901 
Specialty products (2)
91,485 59,293 
Repair and overhaul parts and services (3)
71,150 62,487 
Total net sales371,278 272,681 
Electronic Technologies Group:
Electronic component parts primarily for defense,
space and aerospace equipment (4)
174,578 157,468 
Electronic component parts for equipment
in various other industries (5)
80,481 64,868 
Total net sales255,059 222,336 
Intersegment sales(5,422)(4,674)
Total consolidated net sales$620,915 $490,343 

(1)    Includes various jet engine and aircraft component replacement parts.
(2)    Includes primarily the sale of specialty components such as thermal insulation blankets, renewable/reusable insulation systems, advanced niche components, complex composite assemblies, and expanded foil mesh as well as machining, brazing, fabricating and welding services generally to original equipment manufacturers.
(3)    Includes primarily the sale of parts consumed in various repair and overhaul services on selected jet engine and aircraft components, avionics, instruments, composites and flight surfaces of commercial and military aircraft.
(4)    Includes various component parts such as electro-optical infrared simulation and test equipment, electro-optical laser products, electro-optical, microwave and other power equipment, high-speed interface products, power conversion products, underwater locator beacons, emergency locator transmission beacons, traveling wave tube amplifiers, microwave power modules, a wide variety of memory products and radio frequency (RF) and microwave products, crashworthy and ballistically self-sealing auxiliary fuel systems, high performance communications and electronic intercept receivers and tuners, high performance active antenna systems and airborne antennas, technical surveillance countermeasures (TSCM) equipment, custom high power filters and filter assemblies, radiation assurance services and products, and high-reliability, complex, passive electronic components and rotary joint assemblies.
(5)    Includes various component parts such as electromagnetic and radio frequency interference shielding, high voltage interconnection devices, high voltage advanced power electronics, harsh environment connectivity products, custom molded cable assemblies, silicone material for a variety of demanding applications, and rugged small form-factor embedded computing solutions, and high performance test sockets and adaptors.
Sales by Industry [Member]  
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue [Table Text Block] The following table summarizes the Company’s net sales by industry for each operating segment (in thousands):
Three months ended January 31,
20232022
Flight Support Group:
Aerospace$254,540 $202,405 
Defense and Space 95,642 58,655 
Other (1)
21,096 11,621 
Total net sales371,278 272,681 
Electronic Technologies Group:
Defense and Space 121,962 131,447 
Other (2)
97,770 73,363 
Aerospace 35,327 17,526 
Total net sales255,059 222,336 
Intersegment sales (5,422)(4,674)
Total consolidated net sales$620,915 $490,343 
(1)    Principally industrial products. (2)    Principally other electronics and medical products.