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Income Taxes (Tables) | 12 Months Ended
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Oct. 31, 2019
Income Tax Disclosure [Abstract] |
Income Tax Expense | Income tax expense includes the following:
|  | 2019 |  |  | 2018 |  |  | 2017 |
Current: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  | $ | 40,012 |  |  | $ | 39,837 |  |  | $ | 54,878 |
State and local |  |  | 3,429 |  |  |  | 1,734 |  |  |  | 3,731 |
Foreign |  |  | 51,590 |  |  |  | 63,522 |  |  |  | 66,352 |
Total current |  |  | 95,031 |  |  |  | 105,093 |  |  |  | 124,961 |
Deferred: |  |  |  |  |  |  |  |  |  |  |  |
U.S. federal |  |  | 1,470 |  |  |  | (32,829 | ) |  |  | 3,596 |
State and local |  |  | 633 |  |  |  | 891 |  |  |  | 1,164 |
Foreign |  |  | (3,121 | ) |  |  | (2,011 | ) |  |  | (5,232 | )
Total deferred |  |  | (1,018 | ) |  |  | (33,949 | ) |  |  | (472 | )
|  | $ | 94,013 |  |  | $ | 71,144 |  |  | $ | 124,489 |
Income Taxes Computed at the U.S. Statutory Rate and Income Tax | A reconciliation of the U.S. statutory federal rate to the worldwide consolidated effective tax rate follows:
|  | 2019 |  |  | 2018 |  |  | 2017 |
Statutory federal income tax rate |  |  | 21.00 | % |  |  | 23.34 | % |  |  | 35.00 | %
Transition tax |  |  | 1.46 |  |  |  | 6.16 |  |  |  | — |
Tax rate change deferred tax remeasurement |  |  | — |  |  |  | (10.94 | ) |  |  | — |
Share-based and other compensation |  |  | (0.55 | ) |  |  | (1.45 | ) |  |  | — |
Domestic production deduction |  |  | — |  |  |  | (0.82 | ) |  |  | (1.48 | )
Foreign tax rate variances, net of foreign tax credits |  |  | 1.16 |  |  |  | (0.46 | ) |  |  | (4.69 | )
State and local taxes, net of federal income tax benefit |  |  | 0.74 |  |  |  | 0.45 |  |  |  | 0.76 |
Amounts related to prior years |  |  | (0.55 | ) |  |  | (0.21 | ) |  |  | 0.03 |
Foreign-Derived Intangible Income Deduction |  |  | (1.51 | ) |  |  | — |  |  |  | — |
Global Intangible Low-Taxed Income net of foreign tax credits |  |  | 0.85 |  |  |  | — |  |  |  | — |
Other – net |  |  | (0.79 | ) |  |  | (0.21 | ) |  |  | — |
Effective tax rate |  |  | 21.81 | % |  |  | 15.86 | % |  |  | 29.62 | %
Unrecognized Tax Benefits |
|  | 2019 |  |  | 2018 |  |  | 2017 |
Balance at beginning of year |  | $ | 2,891 |  |  | $ | 3,781 |  |  | $ | 3,336 |
Additions based on tax positions related to the current year |  |  | 370 |  |  |  | 310 |  |  |  | 529 |
Additions for tax positions of prior years |  |  | 547 |  |  |  | 40 |  |  |  | 621 |
Reductions for tax positions of prior years |  |  | — |  |  |  | (120 | ) |  |  | (150 | )
Lapse of statute of limitations |  |  | (899 | ) |  |  | (1,120 | ) |  |  | (555 | )
Balance at end of year |  | $ | 2,909 |  |  | $ | 2,891 |  |  | $ | 3,781 |
Significant Components of Deferred Tax Assets and Liabilities | Significant components of deferred tax assets and liabilities are as follows:
|  | 2019 |  |  | 2018 |
Deferred tax assets: |  |  |  |  |  |  |  |
Employee benefits |  | $ | 73,025 |  |  | $ | 56,622 |
Other accruals not currently deductible for taxes |  |  | 16,294 |  |  |  | 18,186 |
Tax credit and loss carryforwards |  |  | 18,074 |  |  |  | 16,652 |
Inventory adjustments |  |  | 5,269 |  |  |  | 4,451 |
Total deferred tax assets |  |  | 112,662 |  |  |  | 95,911 |
Valuation allowance |  |  | (15,301 | ) |  |  | (14,862 | )
Total deferred tax assets |  |  | 97,361 |  |  |  | 81,049 |
Deferred tax liabilities: |  |  |  |  |  |  |  |
Depreciation and amortization |  |  | 169,009 |  |  |  | 171,304 |
Other - net |  |  | 655 |  |  |  | 669 |
Total deferred tax liabilities |  |  | 169,664 |  |  |  | 171,973 |
Net deferred tax liabilities |  | $ | (72,303 | ) |  | $ | (90,924 | )

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