XML 41 R26.htm IDEA: XBRL DOCUMENT

Quarterly financial data (unaudited)

12 Months Ended

Oct. 31, 2020

Quarterly Financial Information Disclosure [Abstract]


	First		Second		Third		Fourth
2020:
Sales	$	494,916	$	529,478	$	538,181	$	558,525
Gross margin	263,194		289,598		280,808		296,868
Net income	52,004		92,079		86,981		18,475
Earnings per share:
Basic	0.90		1.60		1.51		0.32
Diluted	0.89		1.58		1.49		0.31
2019:
Sales	$	497,910	$	551,119	$	559,746	$	585,451
Gross margin	268,976		301,529		302,623		318,975
Net income	48,567		91,923		93,928		102,673
Earnings per share:
Basic	0.84		1.60		1.64		1.79
Diluted	0.83		1.58		1.62		1.76

The sum of the per-share amounts for the four quarters may not always equal the annual per-share amounts due to differences in the average number of shares outstanding during the respective periods. The sum of other amounts for the four quarters may not always equal the annual amounts due to rounding.

During the fourth quarter of 2020, we recorded a non-cash, assets held for sale impairment charge of $87,371 related to the disposal of our screws and barrels product line. Refer to Note 4 for additional information.

During the first quarter of 2019, we recorded a discrete tax expense of $4,866 related to the Act.