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Diluted earnings per share

$ 112,803

$ 100,548

$ 63,956

Basic earnings per share

$ 2.48

$ 2.23

$ 1.42

$ 2.43

$ 2.21

$ 1.42

Number of shares used to compute earnings per share:

Basic

45,530

45,173

44,995

Diluted

46,505

45,478

45,117

[1]	Adjusted as a result of the retrospective adoption of FSP APB 14-1.

Consolidated Balance Sheets - USD ($) $ in Thousands	12 Months Ended
Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2010	Oct. 31, 2009
ASSETS
Cash and cash equivalents	$ 3,573	$ 3,932
Trade accounts receivable, net of allowance for doubtful accounts of $4,238 and $4,690 at October 31, 2010 and 2009, respectively	197,490	170,941
Inventories	227,902	260,846
Deferred tax assets	28,828	23,360
Prepaid expense and other current assets	33,547	44,799
Total current assets	491,340	503,878
Property, plant and equipment, at cost	919,268	882,322
Less: accumulated depreciation and amortization	325,381	279,754
Property, plant and equipment, net	593,887	602,568
Goodwill	1,261,976	1,257,029
Other intangibles, net	114,177	114,700
Deferred tax assets	23,072	27,781
Other assets	40,566	45,951
Total assets	2,525,018	2,551,907
LIABILITIES AND STOCKHOLDERS' EQUITY
Short-term debt	19,159	7,051
Current portion of long-term debt	0	2,793
Accounts payable	51,792	36,878
Employee compensation and benefits	44,821	35,781
Accrued acquisition costs	2,379	3,599
Accrued income taxes	4,494	4,400
Other current liabilities	76,875	84,912
Total current liabilities	199,520	175,414
Long-term debt	591,977	771,630
Deferred tax liabilities	20,202	16,456
Accrued pension liability and other	46,543	48,065
Total liabilities	$ 858,242	$ 1,011,565
Commitments and contingencies (see Note 12)
Stockholders' equity:
Preferred stock, 10 cents par value, shares authorized: 1,000; zero shares issued or outstanding	$ 0	$ 0
Common stock, 10 cents par value, shares authorized: 70,000; issued 46,140 and 45,572 at October 31, 2010 and 2009, respectively	4,614	4,557
Additional paid-in capital	1,083,779	1,063,289
Accumulated other comprehensive loss	(17,334)	(12,920)
Retained earnings	600,522	490,451
Treasury stock at cost: 313 and 328 shares at October 31, 2010 and 2009, respectively	(4,805)	(5,035)
Stockholders' equity	1,666,776	1,540,342
Total liabilities and stockholders' equity	$ 2,525,018	$ 2,551,907

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Oct. 31, 2010	Oct. 31, 2009
Consolidated Balance Sheets
Trade accounts receivable, allowance for doubtful accounts	$ 4,238	$ 4,690
Preferred stock, par value	$ 0.1	$ 0.1
Preferred stock, shares authorized	1,000	1,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.1	$ 0.1
Common stock, shares authorized	70,000	70,000
Common stock, shares issued	46,140	45,572
Treasury stock	313	328

Consolidated Statements of Cash Flows - USD ($)
$ in Thousands

12 Months Ended

Oct. 31, 2010

Oct. 31, 2009

Oct. 31, 2008

Cash flows from operating activities:

Adjustments to reconcile net income to net cash provided by operating activities:

$ 112,803

$ 100,548

$ 63,956

^[1]

Depreciation and amortization expense

94,001

92,602

82,185

^[2]

In-process research and development expense

9,638

12,037

13,567

^[2]

3,035

^[2]

Impairment of property, plant and equipment

655

^[2]

Loss on disposal of property, plant and equipment

7,840

10,934

10,978

^[2]

(Gain) write-off on extinguishment of debt

(1,823)

3,066

^[2]

Deferred income taxes

(1,755)

7,292

3,139

^[2]

Provision for doubtful accounts

(833)

1,306

378

^[2]

Change in assets and liabilities:

Accounts receivable

(24,789)

(13,090)

4,528

^[2]

Inventories

34,978

22,601

(15,540)

^[2]

Other assets

16,078

20,211

(55,579)

^[2]

Accounts payable

8,644

(13,517)

(11,917)

^[2]

Accrued liabilities

2,474

(18,302)

8,598

^[2]

Income taxes payable

468

(2,657)

(12,692)

^[2]

Other long-term liabilities

8,116

1,951

1,206

^[2]

Cash provided by operating activities

267,663

223,128

96,528

^[2]

Cash flows from investing activities:

Purchases of property, plant and equipment

(73,757)

(93,906)

(124,885)

^[2]

Acquisitions of businesses, net of cash acquired

(32,847)

(4,731)

(3,872)

^[2]

Cash used in investing activities

(106,604)

(98,637)

(128,757)

^[2]

Cash flows from financing activities:

Proceeds from long-term debt

564,114

736,467

894,220

^[2]

Repayments and repurchase of long-term debt

(736,560)

(821,785)

(864,820)

^[2]

Capital lease repayment

(10,000)

^[2]

Proceeds (repayments) under short-term agreements

12,108

(35,960)

(3,505)

^[2]

Excess tax benefit from share-based compensation arrangements

407

135

1,758

^[2]

11,096

1,116

6,250

^[2]

Cash (used in) provided by financing activities

(2,732)

(2,712)

(2,699)

^[2]

(161,567)

(122,739)

31,204

^[2]

Effect of exchange rate changes on cash and cash equivalents

149

236

(257)

^[2]

Net (decrease) increase in cash and cash equivalents

(359)

1,988

(1,282)

^[2]

Cash and cash equivalents at beginning of year

3,932

1,944

^[2]

3,226

^[2]

Cash and cash equivalents at end of year

3,573

3,932

1,944

^[2]

Supplemental disclosures of cash flow information:

Interest, net of amounts capitalized

36,658

42,999

48,616

^[2]

Income taxes

8,603

6,359

11,568

^[2]

Litigation settlement charge

$ 27,000

$ 0

^[2]

[1]	Adjusted as a result of the retrospective adoption of FSP APB 14-1.
[2]	Adjusted as a result of the retrospective adoption of FSP APB 14-1.

Consolidated Statements of Stockholders' Equity and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands

12 Months Ended

Oct. 31, 2010

Oct. 31, 2009

Oct. 31, 2008

$ 1,540,342

$ 1,417,076

$ 1,461,007

112,803

100,548

63,956

^[1]

Adjustment to net income for adoption of FSP APB 14-1

65,476

(1,520)

Change in value of derivative instruments, net of tax

(14,396)

22,760

(132,065)

9,640

(2,725)

(564)

342

(7,715)

(391)

108,389

112,868

(69,064)

5,338

11,096

1,116

6,250

(43)

2,677

(2,732)

(2,712)

(2,699)

9,638

12,037

13,567

^[2]

$ 1,666,776

$ 1,540,342

$ 1,417,076

Common Shares [Member]

45,244

45,129

44,869

$ 4,525

$ 4,513

$ 4,487

Change in value of derivative instruments, net of tax

Issuance of common stock for stock plans, Shares

$ 58

$ 12

$ 26

583

115

260

$ 0

$ 0

45,827

45,244

45,129

$ 4,583

$ 4,525

$ 4,513

Treasury Stock [Member]

328

353

384

$ (5,035)

$ (5,419)

$ (5,894)

Change in value of derivative instruments, net of tax

Issuance of common stock for stock plans, Shares

$ 230

$ 384

$ 475

(15)

(25)

(31)

$ 0

$ 0

313

328

353

Additional Paid-In Capital [Member]

$ (4,805)

$ (5,035)

$ (5,419)

^[3]

1,063,289

1,050,572

1,028,576

^[3]

^[3]

Change in value of derivative instruments, net of tax

^[3]

^[3]

^[3]

^[3]

^[3]

^[3]

10,809

723

5,752

^[3]

(43)

2,677

^[3]

^[3]

9,638

12,037

13,567

Accumulated Other Comprehensive Income (Loss) [Member]

^[3]

1,083,779

1,063,289

1,050,572

(12,920)

(25,240)

107,780

Change in value of derivative instruments, net of tax

(14,396)

22,760

(132,065)

9,640

(2,725)

(564)

342

(7,715)

(391)

Retained Earnings [Member]

(17,334)

(12,920)

(25,240)

^[3]

490,451

392,615

326,020

^[3]

112,803

100,548

Adjustment to net income for adoption of FSP APB 14-1

^[3]

65,476

^[3]

(1,520)

Change in value of derivative instruments, net of tax

^[3]

^[3]

^[3]

^[3]

^[3]

5,338

^[3]

^[3]

^[3]

(2,732)

(2,712)

(2,699)

^[3]

Treasury Stock Par Net Value [Member]

^[3]

600,522

490,451

392,615

Change in value of derivative instruments, net of tax

(1)

(3)