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INVENTORIES

12 Months Ended

Oct. 31, 2020

INVENTORIES

INVENTORIES

3.     INVENTORIES

Inventories as of October 31, 2020 and 2019 are summarized below (in thousands):

​

​	​	​	​	​	​	​
​	​	​	2020	​	​	2019
Purchased parts and sub–assemblies	​	$	30,390		$	32,074
Work–in–process	​		12,635	​		20,901
Finished goods	​		106,839	​		95,876
​	​	$	149,864		$	148,851

​

Finished goods inventory consigned to our distributors and agents throughout the Americas, Europe, and Asia was $17.2 million and $12.0 million as of October 31, 2020 and 2019, respectively.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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