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DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES (Tables)
 9 Months Ended
Jul. 31, 2012
Derivative Instruments Recorded at Fair Value On Balance Sheet

As of July 31, 2012 and October 31, 2011, all derivative instruments were recorded at fair value on the balance sheets as follows (in thousands):

 

  July 31, 2012     October 31, 2011   
  Balance sheet     Fair     Balance sheet     Fair  
Derivatives   Location     value     location     value  
                         
Designated as hedging instruments:                                
Foreign exchange forward contracts     Derivative assets     $ 2,514       Derivative assets     $ 634  
Foreign exchange forward contracts     Derivative liabilities     $ 367       Derivative liabilities     $ 1,492  
                                 
Not designated as hedging instruments:                                
Foreign exchange forward contracts     Derivative assets     $ 590       Derivative assets     $ 563  
Foreign exchange forward contracts     Derivative liabilities     $ 80       Derivative liabilities     $ 117  
Designated as Hedging Instrument
  
Derivative Instrument And Hedging Activities

Derivative instruments had the following effects on our Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Changes in Shareholders’ Equity and Income during the nine months ended July 31, 2012 and 2011 (in thousands):

 

Derivatives   Amount of gain (loss)
recognized in Other
comprehensive loss		     Location of gain
(loss) reclassified
from Other
comprehensive loss		     Amount of gain (loss)
reclassified from Other
comprehensive loss		  
    Nine months ended 
July 31,		           Nine months ended 
July 31,		  
    2012     2011           2012     2011  
Designated as hedging instruments: (Effective portion)                              
Foreign exchange forward contracts                                      
– Intercompany sales/purchases   $ 4,069     $ (1,043 )   Cost of sales and service     $ (627 )   $ 610  
                                       
Foreign exchange forward contract                                      
– Net investment   $ 484     $ (153 )                      

 

 

Derivative instruments had the following effects on our Condensed Consolidated Balance Sheets and Condensed Consolidated Statements of Changes in Shareholders’ Equity and Income during the three months ended July 31, 2012 and 2011 (in thousands):

 

Derivatives   Amount of gain (loss)
recognized in Other
comprehensive loss		     Location of gain
(loss) reclassified
from Other
comprehensive loss		   Amount of gain (loss)
reclassified from Other
comprehensive loss		  
    Three months ended
July 31,		         Three months ended 
July 31,		  
    2012     2011         2012     2011  
Designated as hedging
instruments: (Effective portion)		                            
Foreign exchange forward contracts – Intercompany sales/purchases   $ 1,678     $ 370     Cost of sales and service   $ 88     $ 113  
                                     
Foreign exchange forward contract – Net investment   $ 281     $ 126                      
Not Designated as Hedging Instrument
  
Derivative Instrument And Hedging Activities
Derivatives   Location of gain
(loss) recognized in
operations		     Amount of gain (loss)
Recognized in operations		  
      Nine months ended July 31,  
      2012     2011  
Not designated as hedging instruments:                  
                   
Foreign exchange forward contracts   Other (income)expense, net     $ 2,148     $ (461 )

 

 

Derivatives   Location of gain
(loss) recognized in
operations		     Amount of gain (loss)
Recognized in operations		  
      Three months ended July 31,   
      2012     2011  
Not designated as hedging instruments:                  
                   
Foreign exchange forward contracts  

Other (income) expense, net

     $ 1,099     $ 87