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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Jul. 31, 2024
Segment Reporting [Abstract] |
Schedule of Financial Information by Reportable Segment | Financial Information by Reportable Segment
| Three Months Ended July 31, |  | Nine Months Ended July 31,
(in millions) | 2024 |  | 2023 |  | 2024 |  | 2023
Revenues |  |  |  |  |  |  |
Business & Industry | $ | 1,010.6 |  |  | $ | 1,021.4 |  |  | $ | 3,033.4 |  |  | $ | 3,056.4 |
Manufacturing & Distribution | 377.1 |  |  | 381.9 |  |  | 1,166.6 |  |  | 1,135.5 |
Education | 228.3 |  |  | 219.1 |  |  | 674.0 |  |  | 650.7 |
Aviation | 268.4 |  |  | 238.0 |  |  | 756.1 |  |  | 677.5 |
Technical Solutions | 209.7 |  |  | 167.9 |  |  | 551.9 |  |  | 483.4 |
Total Revenues | $ | 2,094.2 |  |  | $ | 2,028.2 |  |  | $ | 6,182.0 |  |  | $ | 6,003.5 |
Operating profit |  |  |  |  |  |  |
Business & Industry | $ | 77.8 |  |  | $ | 78.9 |  |  | $ | 235.0 |  |  | $ | 231.1 |
Manufacturing & Distribution | 40.9 |  |  | 38.1 |  |  | 125.9 |  |  | 119.7 |
Education | 18.0 |  |  | 15.9 |  |  | 42.3 |  |  | 39.5 |
Aviation | 17.8 |  |  | 11.7 |  |  | 40.6 |  |  | 43.6 |
Technical Solutions | 17.9 |  |  | 11.4 |  |  | 41.4 |  |  | 28.8 |
Corporate(1) | (130.6) |  |  | (15.9) |  |  | (285.0) |  |  | (156.7) |
Adjustment for income from unconsolidated affiliates, included in Aviation and Technical Solutions | (1.8) |  |  | (1.2) |  |  | (4.7) |  |  | (3.0) |
Adjustment for tax deductions for energy efficient government buildings, included in Technical Solutions | (2.6) |  |  | — |  |  | (2.6) |  |  | (0.1) |
Total operating profit | $ | 37.4 |  |  | $ | 138.9 |  |  | $ | 192.8 |  |  | $ | 303.1 |
Income from unconsolidated affiliates | 1.8 |  |  | 1.2 |  |  | 4.7 |  |  | 3.0 |
Interest expense | (21.2) |  |  | (20.9) |  |  | (63.1) |  |  | (61.8) |
Income before income taxes | $ | 18.0 |  |  | $ | 119.3 |  |  | $ | 134.4 |  |  | $ | 244.2 |
(1) Reflects adjustments to increase the fair value of the contingent consideration payable related to the RavenVolt Acquisition by $36.0 million during the three and nine months ended July 31, 2024, and adjustments to decrease the fair value by $37.2 million and $45.6 million during the three and nine months ended July 31, 2023, respectively. The three and nine months ended July 31, 2023, also include an employee retention credit totaling $22.4 million.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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