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Acquisitions and Divestitures | 3 Months Ended
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Jan. 31, 2016
Business Combinations [Abstract] |
Acquisitions and Divestitures | NOTE 2 — ACQUISITIONS AND DIVESTITURES The Company completed no divestitures and no acquisitions for the three months ended January 31, 2016. Proceeds from divestitures completed in fiscal year 2015 and collected during the three months ended January 31, 2016 were $1.0 million. The Company has $2.4 million of notes receivable recorded from the sale of businesses, ranging in remaining term from nine months to four years. The Company completed no acquisitions and three immaterial divestitures for the three months ended January 31, 2015. The divestitures were of nonstrategic businesses in the Rigid Industrial Packaging & Services segment and the Flexible Products & Services segment. The gain on disposal of businesses was $0.8 million for the three months ended January 31, 2015. Proceeds from divestitures were $2.9 million.

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- Definition The entire disclosure for business combinations, including leverage buyout transactions (as applicable), and divestitures. This may include a description of a business combination or divestiture (or series of individually immaterial business combinations or divestitures) completed during the period, including background, timing, and assets and liabilities recognized and reclassified or sold. This element does not include fixed asset sales and plant closings. + References No definition available. + Details
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