| Schedule of Summarized Financial Information Concerning the Company's Reportable Segments |
The following tables present summarized financial information concerning the company's reportable business segments and Other activities (dollars in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2025 | | Professional | | Residential | | Other | | Total | | Net sales to external customers | | $ | 3,561.0 | | | $ | 858.3 | | | $ | 91.1 | | | $ | 4,510.4 | | | Intersegment gross sales (eliminations) | | 63.0 | | | 0.1 | | | (63.1) | | | — | | | Net sales | | 3,624.0 | | | 858.4 | | | 28.0 | | | 4,510.4 | | | Cost of sales | | 2,255.1 | | | 698.0 | | | 52.5 | | | 3,005.6 | | | Selling, general and administrative expense | | 670.0 | | | 125.3 | | | 218.5 | | | 1,013.8 | | Non-cash impairment charge1 | | — | | | — | | | 81.1 | | | 81.1 | | | Other income, net | | 3.6 | | | 0.7 | | | 22.5 | | | 26.8 | | | Earnings (loss) before interest and taxes | | $ | 702.5 | | | $ | 35.8 | | | $ | (301.6) | | | $ | 436.7 | | | Interest expense | | | | | | | | (59.1) | | | Provision for income taxes | | | | | | | | 61.5 | | | Net earnings | | | | | | | | $ | 316.1 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2024 | | Professional | | Residential | | Other | | Total | | Net sales to external customers | | $ | 3,507.7 | | | $ | 997.9 | | | $ | 78.2 | | | $ | 4,583.8 | | | Intersegment gross sales (eliminations) | | 49.2 | | | 0.4 | | | (49.6) | | | — | | | Net sales | | 3,556.9 | | | 998.3 | | | 28.6 | | | 4,583.8 | | | Cost of sales | | 2,236.1 | | | 783.7 | | | 14.7 | | | 3,034.5 | | | Selling, general and administrative expense | | 692.2 | | | 140.7 | | | 183.1 | | | 1,016.0 | | | | | | | | | | | | Other income, net | | 10.3 | | | 4.5 | | | 26.6 | | | 41.4 | | | Earnings (loss) before interest and taxes | | $ | 638.9 | | | $ | 78.4 | | | $ | (142.6) | | | $ | 574.7 | | | Interest expense | | | | | | | | (61.9) | | | Provision for income taxes | | | | | | | | 93.9 | | | Net earnings | | | | | | | | $ | 418.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2023 | | Professional | | Residential | | Other | | Total | | Net sales to external customers | | $ | 3,628.8 | | | $ | 854.0 | | | $ | 70.4 | | | $ | 4,553.2 | | | Intersegment gross sales (eliminations) | | 45.8 | | | 0.2 | | | (46.0) | | | — | | | Net sales | | 3,674.6 | | | 854.2 | | | 24.4 | | | 4,553.2 | | | Cost of sales | | 2,324.7 | | | 647.0 | | | 3.9 | | | 2,975.6 | | | Selling, general and administrative expense | | 694.1 | | | 138.8 | | | 162.7 | | | 995.6 | | Non-cash impairment charges2 | | — | | | — | | | 151.3 | | | 151.3 | | | Other income, net | | 4.6 | | | 0.5 | | | 23.4 | | | 28.5 | | | Earnings (loss) before interest and taxes | | $ | 660.4 | | | $ | 68.9 | | | $ | (270.1) | | | $ | 459.2 | | | Interest expense | | | | | | | | (58.7) | | | Provision for income taxes | | | | | | | | 70.8 | | | Net earnings | | | | | | | | $ | 329.7 | |
1 Other activities earnings (loss) before interest and taxes includes an $81.1 million non-cash impairment charge recorded during the third quarter of fiscal 2025 related to the Spartan trade name. For additional information regarding the impairment charge, refer to Note 1, Summary of Significant Accounting Policies and Related Data. 2 Presentation of fiscal 2023 non-cash impairment charges related to the Spartan operating segment has been conformed to the current year presentation within the 'Other' activities. There was no change to consolidated results. | | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2025 | | Professional | | Residential | | Other | | Total | | Total assets | | $ | 2,503.7 | | | $ | 409.6 | | | $ | 525.5 | | | $ | 3,438.8 | | | Capital expenditures | | 62.8 | | | 7.7 | | | 13.2 | | | 83.7 | | | Depreciation and amortization | | $ | 93.8 | | | $ | 21.6 | | | $ | 27.5 | | | $ | 142.9 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2024 | | Professional | | Residential | | Other | | Total | | Total assets | | $ | 2,673.6 | | | $ | 521.2 | | | $ | 388.0 | | | $ | 3,582.8 | | | Capital expenditures | | 60.0 | | | 14.7 | | | 28.8 | | | 103.5 | | | Depreciation and amortization | | $ | 94.6 | | | $ | 18.0 | | | $ | 15.6 | | | $ | 128.2 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | Fiscal Year Ended October 31, 2023 | | Professional | | Residential | | Other | | Total | | Total assets | | $ | 2,679.6 | | | $ | 565.1 | | | $ | 399.6 | | | $ | 3,644.3 | | | Capital expenditures | | 79.9 | | | 45.6 | | | 24.0 | | | 149.5 | | | Depreciation and amortization | | $ | 89.3 | | | $ | 14.9 | | | $ | 15.0 | | | $ | 119.2 | |
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| Schedule of Geographic Area Data |
The following geographic area data includes net sales based on product shipment destination and long-lived assets, which consist of property, plant, and equipment, net and right-of-use assets and is based on physical location (dollars in millions): | | | | | | | | | | | | | | | | | | | | | | Fiscal Years Ended October 31 | | United States | | International Countries | | Total | | 2025 | | | | | | | | Net sales | | $ | 3,632.1 | | | $ | 878.3 | | | $ | 4,510.4 | | | Long-lived assets | | $ | 572.6 | | | $ | 157.9 | | | $ | 730.5 | | | 2024 | | | | | | | | Net sales | | $ | 3,660.8 | | | $ | 923.0 | | | $ | 4,583.8 | | Long-lived assets1 | | $ | 582.7 | | | $ | 176.6 | | | $ | 759.3 | | | 2023 | | | | | | | | Net sales | | $ | 3,605.5 | | | $ | 947.7 | | | $ | 4,553.2 | | Long-lived assets1 | | $ | 593.2 | | | $ | 173.8 | | | $ | 767.0 | |
1 Presentation of fiscal 2024 and fiscal 2023 long-lived assets has been conformed to the current year presentation. |