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Income Taxes (Tables)

12 Months Ended

Oct. 31, 2018

Income Tax Disclosure [Abstract]

Income Before (Benefit) Provision for Income Taxes

Income before (benefit) provision for income taxes is taxed in the following jurisdictions:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017				October 29, 2016
Domestic		$	5.2			$	54.7			$	43.2
Foreign			(3.0	)			(4.6	)			—
Income before (benefit) provision for income taxes		$	2.2			$	50.1			$	43.2

(Benefit) Provision for Income Taxes

(Benefit) provision for income taxes is summarized as follows:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017				October 29, 2016
Current:
Federal		$	(6.8	)		$	12.1			$	12.6
State			0.1				3.7				4.1
Foreign			—				—				—
Total Current		$	(6.7	)		$	15.8			$	16.7
Deferred:
Federal			(6.4	)			4.6				(2.3	)
State			0.9				(0.1	)			(1.4	)
Foreign			1.4				(1.6	)			—
Total Deferred			(4.1	)			2.9				(3.7	)
(Benefit) provision for income taxes		$	(10.8	)		$	18.7			$	13.0

Reconciliation of Income Tax (Benefit)/Expense at Federal Statutory Rate to Company's (Benefit) Provision for Income Taxes

Income tax (benefit)/expense at the federal statutory rate is reconciled to the Company’s (benefit) provision for income taxes as follows:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017				October 29, 2016
Income tax expense at federal statutory rate		$	0.5			$	17.5			$	15.1
Taxes on foreign income which differ from the U.S. statutory rate			(0.3	)			0.1				—
State expense			0.5				2.3				1.6
Deferred tax adjustments			—				—				(1.5	)
Manufacturing and research incentives			(2.7	)			(2.1	)			(3.0	)
Nondeductible items			0.7				0.9				1.0
Uncertain tax positions			(0.4	)			—				0.5
Valuation allowance			2.2				—				—
Remeasurement of deferred taxes - U.S. Tax Reform			(11.3	)			—				—
Other items			—				—				(0.7	)
(Benefit) provision for income taxes		$	(10.8	)		$	18.7			$	13.0

Temporary Differences and Carryforwards that Give Rise to Deferred Tax Assets and Liabilities

Temporary differences and carryforwards that give rise to deferred tax assets and liabilities include the following items:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017
Deferred tax assets:
Product warranty		$	7.9			$	15.8
Inventory			6.7				7.7
Deferred employee benefits			1.7				13.8
Net operating loss and credit carryforwards			13.6				6.2
Other reserves and allowances			2.5				3.4
Gross deferred tax assets			32.4				46.9
Less valuation allowance			(2.3	)			(0.1	)
Deferred tax assets			30.1				46.8
Deferred tax liabilities:
Intangible assets			(28.4	)			(45.9	)
Property, plant and equipment			(20.6	)			(20.6	)
Other			(0.9	)			(1.3	)
Deferred tax liabilities			(49.9	)			(67.8	)
Net deferred tax liability		$	(19.8	)		$	(21.0	)

The net deferred tax assets/ (liabilities) recorded in the consolidated balance sheet are as follows:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017
Noncurrent deferred tax asset		$	0.1			$	1.5
Noncurrent deferred tax liability			(19.9	)			(22.5	)
Net deferred tax liability		$	(19.8	)		$	(21.0	)

Reconciliation of Beginning and Ending Amount of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits are as follows:

		Fiscal Year Ended
		October 31, 2018				October 31, 2017				October 29, 2016
Balance at beginning of year		$	2.6			$	2.7			$	4.2
Additions (reductions) for tax positions in    prior year			0.3				0.1				(1.5	)
Additions for tax positions in current year			0.3				0.1				0.2
Cash settlements with taxing authorities			(0.2	)			—				—
Statute of limitations			(0.9	)			(0.3	)			(0.2	)
Balance at end of year		$	2.1			$	2.6			$	2.7

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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