View Filing Data

Print Document View Excel Document

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Apr. 30, 2013	Jun. 04, 2013
Document Information [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2013
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	Q2
Trading Symbol	NX
Entity Registrant Name	Quanex Building Products CORP
Entity Central Index Key	0001423221
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		37,063,665

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Apr. 30, 2013	Oct. 31, 2012
Current assets:
Cash and equivalents	$ 9,628,000	$ 71,255,000
Accounts receivable, net of allowance of $802 and $1,026	95,584,000	85,644,000
Inventories, net	77,208,000	65,904,000
Deferred income taxes	27,163,000	20,439,000
Prepaid and other current assets	5,576,000	7,628,000
Total current assets	215,159,000	250,870,000
Property, plant and equipment, net	179,041,000	168,877,000
Deferred income taxes	10,808,000	8,911,000
Goodwill	71,003,000	68,331,000
Intangible assets, net	82,970,000	78,380,000
Other assets	15,677,000	14,169,000
Total assets	574,658,000	589,538,000
Current liabilities:
Accounts payable	77,628,000	80,985,000
Accrued liabilities	39,980,000	46,459,000
Current maturities of long-term debt	278,000	368,000
Total current liabilities	117,886,000	127,812,000
Long-term debt	11,072,000	1,033,000
Deferred pension and postretirement benefits	5,398,000	6,873,000
Liability for uncertain tax positions	6,844,000	6,736,000
Non-current environmental reserves	9,230,000	9,827,000
Other liabilities	17,154,000	15,430,000
Total liabilities	167,584,000	167,711,000
Commitments and contingencies (Note 12)
Stockholders' equity:
Preferred stock, no par value, shares authorized 1,000,000; issued and outstanding - none	0	0
Common stock, $0.01 par value, shares authorized 125,000,000; issued 37,757,139 and 37,788,804 respectively	378,000	378,000
Additional paid-in-capital	247,271,000	245,144,000
Retained earnings	174,558,000	193,105,000
Accumulated other comprehensive income (loss)	(5,352,000)	(5,299,000)
Less treasury stock at cost, 694,224 and 816,302 shares, respectively	(9,781,000)	(11,501,000)
Total stockholders' equity	407,074,000	421,827,000
Total liabilities and stockholders' equity	$ 574,658,000	$ 589,538,000

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Accounts receivable, allowance	$ 802	$ 1,026
Preferred stock, no par value	$ 0.00	$ 0.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	37,757,139	37,788,804
Treasury stock, shares	694,224	816,302

CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Net sales	$ 232,458	$ 194,444	$ 418,171	$ 356,023
Cost and expenses:
Cost of sales (exclusive of items shown separately below)	198,963	171,837	361,653	309,879
Selling, general and administrative	31,329	29,125	58,380	54,277
Depreciation and amortization	11,539	9,561	21,196	19,250
Operating income (loss)	(9,373)	(16,079)	(23,058)	(27,383)
Non-operating income (expense):
Interest expense	(174)	(114)	(313)	(240)
Other, net	9	(39)	(82)	178
Income (loss) before income taxes	(9,538)	(16,232)	(23,453)	(27,445)
Income tax benefit (expense)	2,190	3,947	7,987	8,412
Net income (loss)	$ (7,348)	$ (12,285)	$ (15,466)	$ (19,033)
Basic earnings (loss) per share	$ (0.20)	$ (0.34)	$ (0.42)	$ (0.52)
Diluted earnings (loss) per share	$ (0.20)	$ (0.34)	$ (0.42)	$ (0.52)
Weighted-average common shares outstanding:
Basic	36,850	36,567	36,830	36,557
Diluted	36,850	36,567	36,830	36,557
Common Stock, Dividends, Per Share, Cash Paid	$ 0.04	$ 0.04	$ 0.08	$ 0.08

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Statement - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Net income (loss)	$ (7,348)	$ (12,285)	$ (15,466)	$ (19,033)
Other comprehensive income (loss) - foreign currency translation adjustments (pretax)	(1,227)	876	(326)	(1,094)
Other comprehensive income (loss) - foreign currency translation adjustments tax benefit	148	(203)	273	(66)
Other comprehensive income (loss), net of tax	(1,079)	673	(53)	(1,160)
Comprehensive income (loss)	$ (8,427)	$ (11,612)	$ (15,519)	$ (20,193)

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References + Details

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6943989&loc=d3e3602-108585

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.19)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.18)
-URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.22)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=20435746&loc=d3e565-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 130
-Paragraph 10, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A7
-Appendix A

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 87-21
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 19
-Article 5

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 95
-Paragraph 28, 29, 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 20
-Article 9

+ Details

- Definition

Before tax and net of reclassification adjustments of the change in the balance sheet adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into the reporting currency of the reporting entity. Also includes the following: gain (loss) on foreign currency forward exchange contracts; foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; and gain (loss) on a derivative instrument or nonderivative financial instrument that may give rise to a foreign currency transaction gain (loss) that has been designated and qualified as a hedging instrument for hedging of the foreign currency exposure of a net investment in a foreign operation.

+ References + Details

- Definition

Net of tax amount of other comprehensive income (loss) attributable to the parent entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=18733093&loc=SL4573702-111684

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569616-111683

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=7656940&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012
Operating activities:
Net income (loss)	$ (15,466)	$ (19,033)
Adjustments to reconcile net income (loss) to cash provided by operating activities from continuing operations:
Depreciation and amortization	21,324	19,285
Restructuring charges	0	2,759
Deferred income taxes	(8,740)	(10,064)
Stock-based compensation	3,565	2,879
Changes in assets and liabilities, net of effects from acquisitions and dispositions:
Decrease (increase) in accounts and notes receivable	(6,380)	111
Decrease (increase) in inventory	(6,267)	(9,658)
Decrease (increase) in other current assets	1,046	(705)
Increase (decrease) in accounts payable	(4,236)	3,493
Increase (decrease) in accrued liabilities	(7,039)	(883)
Increase (decrease) in income taxes	1,766	425
Increase (decrease) in deferred pension and postretirement benefits	(1,475)	(2,453)
Other, net	1,119	2,054
Cash provided by (used for) operating activities from continuing operations	(20,783)	(11,790)
Investing activities:
Acquisitions, net of cash acquired	(22,096)	0
Capital expenditures	(24,983)	(21,311)
Other, net	22	21
Cash provided by (used for) investing activities from continuing operations	(47,057)	(21,290)
Financing activities:
Borrowings under credit facility	14,500
Repayments of credit facility borrowings	(4,500)
Repayments of long-term debt	(142)	(131)
Common stock dividends paid	(2,964)	(2,939)
Purchase of treasury stock	0	(1,284)
Issuance of common stock from stock option exercises, including related tax benefits	865	1,427
Debt issuance costs	(1,163)	0
Cash provided by (used for) financing activities from continuing operations	6,596	(2,927)
Effect of exchange rate changes on cash and equivalents	(383)	533
Decrease in cash and equivalents	(61,627)	(35,474)
Cash and equivalents at beginning of period	71,255	89,619
Cash and equivalents at end of period	$ 9,628	$ 54,145

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - 6 months ended Apr. 30, 2013 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock & Other
Balance at Oct. 31, 2012	$ 421,827	$ 378	$ 245,144	$ 193,105	$ (5,299)	$ (11,501)
Net income (loss)	(15,466)			(15,466)
Foreign currency translation adjustment (net of taxes of $273)	(53)				(53)
Common dividends ($0.08 per share)	(2,964)			(2,964)
Treasury shares purchased, at cost	0					0
Stock-based compensation activity:
Stock-based compensation earned	3,409		3,409
Stock options exercised	694		(20)	0		714
Restricted stock awards	0		(1,006)			1,006
Stock-based compensation tax benefit	145		145
Other	(518)		(401)	(117)
Balance at Apr. 30, 2013	$ 407,074	$ 378	$ 247,271	$ 174,558	$ (5,352)	$ (9,781)

CONDENSED CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Foreign currency translation adjustment, tax	$ 148	$ (203)	$ 273	$ (66)
Common stock, dividends per share	$ 0.04	$ 0.04	$ 0.08	$ 0.08

Basis of Presentation and Nature of Operations	6 Months Ended
Basis of Presentation and Nature of Operations	Apr. 30, 2013
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Nature of Operations	1. Basis of Presentation and Nature of Operations The accompanying interim condensed consolidated financial statements include the accounts of Quanex Building Products Corporation and its subsidiaries. All intercompany accounts and transactions have been eliminated in consolidation. Unless the context indicates otherwise, references to "we", "us" and "our" refer to the consolidated business operations of Quanex Building Products Corporation and its subsidiaries. The financial statements have been prepared by us, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP) have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet as of October 31, 2012 was derived from audited financial information, but does not include all disclosures required by GAAP. The accompanying financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2012. In our opinion, the accompanying financial statements contain all adjustments (which consist of normal recurring adjustments, except as disclosed herein) necessary to fairly present our financial position, results of operations and cash flows for the interim periods. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year or for any future periods. We are a technological leader in the production of engineered materials and aluminum sheet products for original equipment manufacturers (OEMs) through our Engineered Products and Aluminum Sheet Products segments. Our energy efficient engineered products include flexible insulating glass spacers, extruded vinyl profiles, and thin film solar panel sealants. Our other engineered products include window and door screens and precision-formed metal and wood products. Our Aluminum Sheet Products segment manufactures high quality mill finished and coated aluminum sheet that is tailored toward our customers' specifications. Our primary customer base is in the North American region; however, through our operations in the United Kingdom and Germany, we are able to effectively serve our customers in other international markets.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=7880789&loc=SL6228881-111685

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4, 14, 15
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

New Accounting Pronouncements	6 Months Ended
New Accounting Pronouncements	Apr. 30, 2013
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	2. New Accounting Pronouncements In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-2, Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, which requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under GAAP that provide additional detail about those amounts. The provisions of ASU 2013-2 are effective for us as of November 1, 2013; however, we do not expect its provisions to have a material impact on our consolidated financial statements. In December 2011, the FASB issued ASU No. 2011-11, Disclosures about Offsetting Assets and Liabilities, which requires entities to disclose both gross information and net information about instruments and transactions eligible for offset in the statement of financial position and instruments and transactions subject to an agreement similar to a master netting arrangement. The scope of this standard, which was subsequently clarified by ASU 2013-1, includes derivatives, sale and repurchase agreements, reverse sale and repurchase agreements, and securities borrowing and securities lending arrangements. These disclosures assist users of financial statements in evaluating the effect or potential effect of netting arrangements on an entity's financial position. The provisions of ASU 2011-11 are effective for us as of November 1, 2013; however, we do not expect its provisions to have a material impact on our consolidated financial statements. In September 2011, the FASB issued ASU No. 2011-08, Testing Goodwill for Impairment which amends the guidance in ASC 350-20. The amendments in ASU 2011-08 provide entities with the option of performing a qualitative assessment before performing the first step of the two-step impairment test. If entities determine, on the basis of qualitative factors, it is not more likely than not that the fair value of the reporting unit is less than the carrying amount, then performing the two-step impairment test would be unnecessary. However, if an entity concludes otherwise, then it is required to perform the first step of the two-step impairment test by calculating the fair value of the reporting unit and comparing the fair value with the carrying amount of the reporting unit. If the carrying amount of a reporting unit exceeds its fair value, then the entity is required to perform the second step of the goodwill impairment test to measure the amount of the impairment loss, if any. ASU 2011-08 also provides entities with the option to bypass the qualitative assessment for any reporting unit in any period and proceed directly to the first step of the two-step impairment test. ASU 2011-08 applies to our annual and interim goodwill impairment tests performed after November 1, 2012. The provisions of ASU 2011-08 will not have a material effect on our consolidated financial statements. We adopted ASU No. 2011-05, Presentation of Comprehensive Income, as of November 1, 2012 and have elected to present separate Condensed Consolidated Statements of Comprehensive Income for the three and six months ended April 30, 2013 and 2012.

Acquisitions

6 Months Ended

Apr. 30, 2013

Business Combinations [Abstract]

Acquisitions

3. Acquisitions

On December 31, 2012, we acquired substantially all of the assets of Alumco, Inc. and its subsidiaries (Alumco), including its aluminum screen business, for $22.4 million in cash. The purchase agreement contains (1) a working capital clause that provides for an adjustment to the purchase price based on the working capital balance as of the acquisition date and (2) an earn-out clause that provides for the payment of an additional $0.5 million to Alumco contingent upon the achievement of certain financial targets. During the second quarter, we received $0.4 million from Alumco pursuant to the terms of the working capital clause. We have estimated the fair value of the contingent consideration to be $0.3 million and accrued it as part of the purchase price.

The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below. The allocation is preliminary and based on estimates and assumptions that are subject to change within the purchase price allocation period (generally one year from the acquisition date). The primary area of the purchase price allocation that is not yet finalized relates to taxes.

During the second quarter, we recorded an adjustment to goodwill of $0.1 million to recognize a derivative liability that existed as of the opening balance sheet date.



	As of Date of Opening Balance Sheet
	(In thousands)
Current assets:
Accounts receivable	$	3,638
Inventories	5,062
Prepaid and other current assets	140
Total current assets	8,840
Property, plant and equipment	4,702
Goodwill	2,555
Intangible assets	8,939
Total assets	$	25,036
Current liabilities:
Accounts payable	$	1,816
Accrued liabilities	783
Current maturities of long-term debt	14
Total current liabilities	2,613
Long-term debt	77
Total liabilities	2,690
Investment	22,346
Total liabilities and equity	$	25,036

We used recognized valuation techniques to determine the fair value of the assets and liabilities, including the income approach for customer relationships, with a discount rate that reflects the risk of the expected future cash flows. The goodwill balance, which is deductible for tax purposes, resulted primarily from management's expectation that the acquisition will allow us to become a leader in the screen market by expanding our product portfolio and geographic distribution capabilities. The goodwill has been recorded within the Engineered Products segment.

Pro forma results of operations have not been presented because the effect of the Alumco acquisition was not material to our results of operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Goodwill and Acquired Intangible Assets

6 Months Ended

Apr. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

4. Goodwill and Acquired Intangible Assets

Goodwill

All of our goodwill is recorded in the Engineered Products segment. The change in the carrying amount of goodwill for the period ended April 30, 2013 is as follows (in thousands):



	Engineered Products Goodwill
Balance at October 31, 2012	$	68,331
Alumco acquisition	2,555
Foreign currency translation adjustment	117
Balance at April 30, 2013	$	71,003

Acquired Intangible Assets

Intangible assets consist of the following (in thousands):



	As of April 30, 2013					As of October 31, 2012
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer relationships	$	52,487	$	(13,548	)	$	43,737	$	(11,675	)
Trademarks and trade names	44,524		(15,985		)	44,519		(14,520		)
Patents and other technology	25,018		(10,315		)	24,773		(9,382		)
Other	1,392		(603		)	1,392		(464		)
Total	$	123,421	$	(40,451	)	$	114,421	$	(36,041	)

The intangible assets as of April 30, 2013 include customer relationships of $8.7 million and technology of $0.2 million related to the Alumco acquisition. These assets have estimated useful lives of 10 and 3 years, respectively. (See "Acquisitions", Note 3 to the Condensed Consolidated Financial Statements for further information about the Alumco acquisition.)

The aggregate amortization expense for the three and six months ended April 30, 2013 was $2.2 million and $4.4 million respectively. The aggregate amortization expense for the three and six months ended April 30, 2012 was $2.1 million and $4.1 million, respectively. Estimated amortization expense for the next five years for existing intangibles is presented below (in thousands):



Fiscal Years Ending October 31,	Estimated Amortization
	(In thousands)
2013 (remaining six months)	$	4,534
2014	$	8,974
2015	$	8,843
2016	$	8,572
2017	$	8,466

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

Inventories

6 Months Ended

Apr. 30, 2013

Inventory Disclosure [Abstract]

Inventories

5. Inventories

Inventories consist of the following:



	April 30, 2013		October 31, 2012
	(In thousands)
Raw materials	$	37,383	$	30,400
Finished goods and work in process	37,469		32,937
Supplies and other	2,356		2,567
Total	$	77,208	$	65,904

Fixed costs related to excess manufacturing capacity, if any, have been expensed in the period they were incurred and, therefore, are not capitalized into inventory. The values of inventories are based on the following accounting methods:



	April 30, 2013		October 31, 2012
	(In thousands)
LIFO	$	31,967	$	28,224
FIFO	45,241		37,680
Total	$	77,208	$	65,904

During interim quarters, we estimate a LIFO reserve based on our expectations of year-end inventory levels and costs. If our calculations indicate that an adjustment at year-end will be required, we record a proportionate share of this amount during the quarter. At year-end, we calculate the actual LIFO reserve and record an adjustment for the difference between the annual calculation and any estimates recognized during the interim quarters. Because the interim projections are subject to many factors beyond management's control, the results could differ significantly from the year-end LIFO calculation. Our projections resulted in no interim LIFO allocation for the six months ended April 30, 2013. Similarly, no interim LIFO allocation was recognized for the six months ended April 30, 2012.

For inventories valued under the LIFO method, replacement cost exceeded the LIFO value by approximately $10.7 million as of April 30, 2013 and October 31, 2012.

Earnings Per Share	6 Months Ended
Earnings Per Share	Apr. 30, 2013
Earnings Per Share [Abstract]
Earnings Per Share	6. Earnings Per Share Basic and diluted earnings per share are identical for the three and six months ended April 30, 2013 and 2012. The computation of diluted earnings per share excludes outstanding options and other common stock equivalents when their inclusion would be anti-dilutive. This is always the case when an entity incurs a net loss, as we did during the periods presented. For the three and six months ended April 30, 2013 and 2012, 0.1 million of restricted stock and 0.4 million of common stock equivalents were excluded from the computation of diluted earnings per share. For the three months ended April 30, 2013 and 2012, we had 1.2 million and 0.8 million, respectively, of securities that are potentially dilutive in future earnings per share calculations. For the six months ended April 30, 2013 and 2012, we had 0.7 million and 0.8 million, respectively, of securities that are potentially dilutive in future earnings per share calculations. Such dilution will be dependent on the excess of the market price of our stock over the exercise price and other components of the treasury stock method.

Long-Term Debt and Capital Lease Obligations

6 Months Ended

Apr. 30, 2013

Debt Disclosure [Abstract]

Long-Term Debt and Capital Lease Obligations

7. Long-Term Debt and Capital Lease Obligations

Long-term debt consists of the following:



	April 30, 2013		October 31, 2012
	(In thousands)
Revolving Credit Facility	$	10,000	$	—
City of Richmond, Kentucky Industrial Building Revenue Bonds	700		800
Scott County, Iowa Industrial Waste Recycling Revenue Bonds	400		400
Capital lease obligations and other	250		201
Total debt	$	11,350	$	1,401
Less maturities due within one year included in current liabilities	278		368
Long-term debt	$	11,072	$	1,033

On January 28, 2013 we entered into a Senior Unsecured Revolving Credit Facility (the Credit Facility) that has a five-year term and permits aggregate borrowings at any time of up to $150 million, with a letter of credit sub-facility, a swing line sub-facility and a multi-currency sub-facility. Borrowings denominated in U.S. dollars bear interest at a spread above LIBOR or a base rate derived from the prime rate. Foreign denominated borrowings bear interest at a spread above the LIBOR applicable to such currencies. Subject to customary conditions, we may request that the aggregate commitments under the Credit Facility be increased by up to $100 million, with total commitments not to exceed $250 million. The Credit Facility replaces our previous Senior Unsecured Revolving Credit Facility that was scheduled to expire on April 23, 2013.

The Credit Facility requires us to comply with certain financial covenants. Specifically, we must not permit, on a quarterly basis, the ratio of our consolidated EBITDA to our consolidated interest expense (Consolidated Interest Coverage Ratio) to exceed 3.00 to 1 or the ratio of our consolidated funded debt to our consolidated EBITDA (Consolidated Leverage Ratio) to exceed 3.25 to 1. As of April 30, 2013, our Consolidated Interest Coverage Ratio was 45.01 to 1, and our Consolidated Leverage Ratio was 0.74 to 1.

The Credit Facility also contains certain limitations on additional indebtedness, asset or equity sales and acquisitions. The payment of dividends and other distributions is permitted provided there is no event of default after giving effect to such transactions. We are in compliance with all of the covenants.

As of April 30, 2013, we had $10.0 million outstanding in borrowings, $5.6 million of outstanding letters of credit and $59.4 million available under the Credit Facility. The calculation of the available amount is based on: (1) our trailing twelve month EBITDA; (2) the maximum Consolidated Leverage Ratio allowed under the Credit Facility; and (3) the amount of outstanding borrowings and letters of credit.

During the three months ended April 30, 2013, we borrowed $14.5 million under the Credit Facility and repaid $4.5 million.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References + Details

Retirement Plans

6 Months Ended

Apr. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Retirement Plans

8. Retirement Plans

Pension Plan

We have a non-contributory, single employer defined benefit pension plan that covers substantially all non-union employees.

The net periodic pension cost for this plan includes the following components:



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Net periodic benefit cost:
Service cost	$	1,003		$	846		$	1,910		$	1,826
Interest cost	200			204			394			408
Expected return on plan assets	(335		)	(303		)	(700		)	(580		)
Amortization of net loss	122			23			184			73
Net periodic benefit cost	$	990		$	770		$	1,788		$	1,727

In February 2013, we contributed $3.3 million to our plan and currently expect to make a minimal contribution during the fourth quarter of fiscal 2013.

- Definition

The entire disclosure for pension and other postretirement benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph b
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph q
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Industry Segment Information

6 Months Ended

Apr. 30, 2013

Segment Reporting [Abstract]

Industry Segment Information

9. Industry Segment Information

We have two reportable segments: Engineered Products and Aluminum Sheet Products. The Engineered Products segment produces systems, finished products and components serving the OEM residential window and door industry, while the Aluminum Sheet Products segment produces mill finished and coated aluminum sheet serving the broader building and construction markets. The primary market drivers of both segments are residential repair and remodel activity (R&R) and new home construction.

We measure our inventory at the segment level on a FIFO or weighted-average basis; however, at the consolidated level, a portion of the inventory is measured on a LIFO basis. The LIFO reserve is computed on a consolidated basis as a single pool and is thus treated as a corporate expense. (See "Inventories", Note 5 to the Condensed Consolidated Financial Statements for further information.) LIFO inventory adjustments, along with corporate office charges and intersegment eliminations, are reported as Corporate, Intersegment Eliminations or Other. We account for intersegment sales and transfers as though the sales or transfers were to third parties, that is, at current market prices. Intersegment sales, related cost of sales, and intercompany profit are eliminated in consolidation at Corporate. The most significant components of Corporate assets generally include cash and equivalents, and property, plant and equipment, which are partially offset by our consolidated LIFO inventory reserve.



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Net Sales:
Engineered Products	$	125,158		$	108,770		$	231,277		$	208,163
Aluminum Sheet Products	109,691			88,293			194,294			153,993
Intersegment Eliminations	(2,391		)	(2,619		)	(7,400		)	(6,133		)
Consolidated	$	232,458		$	194,444		$	418,171		$	356,023
Operating Income (Loss):
Engineered Products	$	5,908		$	83		$	8,741		$	1,887
Aluminum Sheet Products	(468		)	(7,533		)	(4,698		)	(13,051		)
Corporate & Other	(14,813		)	(8,629		)	(27,101		)	(16,219		)
Consolidated	$	(9,373	)	$	(16,079	)	$	(23,058	)	$	(27,383	)



	April 30, 2013		October 31, 2012
	(In thousands)
Identifiable Assets:
Engineered Products	$	395,808	$	380,551
Aluminum Sheet Products	154,132		139,733
Corporate, Intersegment Eliminations & Other	24,718		69,254
Consolidated	$	574,658	$	589,538
Goodwill:
Engineered Products	$	71,003	$	68,331
Consolidated	$	71,003	$	68,331

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Stock-Based Compensation

6 Months Ended

Apr. 30, 2013

Share-based Compensation [Abstract]

Stock-Based Compensation

10. Stock-Based Compensation

Our Omnibus Incentive Plan (2008 Plan) provides for the granting of restricted stock awards (RSAs), stock options, restricted stock units (RSUs) and other stock-based and cash-based awards.

Restricted Stock Awards

RSAs are awarded to key employees and officers and typically cliff vest over a three-year period with service as the vesting condition. The recipient is entitled to all of the rights of a shareholder, except that the shares are nontransferable during the vesting period. The fair value of the RSAs is established on the grant date and then expensed over the vesting period with a corresponding increase to additional paid-in-capital. A summary of non-vested restricted stock award changes during the six months ended April 30, 2013 is presented below:



	Shares		Weighted - Average Grant-Date Fair Value Per Share
Non-vested at October 31, 2012	212,700		$	16.08
Granted	71,400		21.09
Canceled	(6,900	)	16.00
Vested	(67,300	)	16.21
Non-vested at April 30, 2013	209,900		$	17.74

The weighted-average grant-date fair value of restricted stock granted during the six months ended April 30, 2013 and 2012 was $21.09 and $15.08 per share, respectively. The total fair value of restricted stock vested during the six months ended April 30, 2013 and 2012 was $1.1 million and $0.9 million, respectively. Total unrecognized compensation cost related to unamortized restricted stock awards was $2.0 million as of April 30, 2013. This cost is expected to be recognized over a weighted-average period of 2.1 years.

Stock Options

Options are awarded to key employees, officers and non-employee directors. Director options vest immediately while employee and officer options typically vest on a straight-line basis over a three-year period with service as the vesting condition. Similar to RSAs, the fair value of the options is established on the grant date and expensed over the vesting period with a corresponding increase to additional paid-in-capital.

We use the Black-Scholes pricing model to estimate the fair value of our stock options. The following table provides a summary of assumptions used to estimate the fair value of options issued during the six months ended April 30, 2013 and 2012.



	Six Months Ended
	April 30,
	2013			2012
Weighted-average expected volatility	54.0		%	54.0		%
Expected term (in years)	4.9-5.1			4.9-5.1
Risk-free interest rate	0.6		%	1.0		%
Expected dividend yield over expected term	1.0		%	1.0		%
Weighted-average grant-date fair value per share	$	8.99		$	6.49

The following table summarizes our stock option shares activity for the six months ended April 30, 2013:



	Shares		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2012	2,473,250		$	14.57
Granted	426,100		21.06
Exercised	(50,678	)	13.69
Cancelled/Expired	(6,386	)	19.40
Outstanding at April 30, 2013	2,842,286		15.54		7.2	$	4,912
Vested or expected to vest at April 30, 2013	2,756,925		15.45		7.1	$	4,893
Exercisable at April 30, 2013	1,887,702		$	14.14	6.3	$	4,570

The total intrinsic value of options (the amount by which the market price of the stock on the date of exercise exceeded the exercise price of the option) exercised during the six months ended April 30, 2013 and 2012 was $0.4 million and $0.3 million, respectively. The total fair value of shares vested during the six months ended April 30, 2013 and 2012 was $2.7 million and $2.3 million, respectively. Total unrecognized compensation cost related to stock options granted under the 2008 Plan was $3.9 million as of April 30, 2013. This cost is expected to be recognized over a weighted-average period of 1.8 years.

Restricted Stock Units

RSUs are awarded to key employees, officers and non-employee directors. The director RSUs vest immediately and the employee and officer RSUs typically cliff vest after a three-year period with service as the vesting condition. RSUs are not considered to be outstanding stock and do not have voting rights, although they do receive cash for an equivalent amount of dividends paid to our shareholders. Upon the completion of certain service requirements, each RSU is payable to the holder in cash based on the market value of one share of our common stock. Accordingly, we record a liability for the RSUs on our balance sheet and recognize any changes in the market value during each reporting period as an expense.

No restricted stock units were granted during the six months ended April 30, 2013. The weighted-average grant-date fair value of restricted stock units granted during the six months ended April 30, 2012 was $15.08 per unit. No restricted stock units vested during the six months ended April 30, 2013 or 2012. Total unrecognized compensation cost based on service related to unamortized restricted stock units was $1.3 million as of April 30, 2013. This cost does not include market fluctuations and is expected to be recognized over a weighted-average period of 1.7 years. There was no cash used to settle restricted stock units during the six months ended April 30, 2013 or 2012. The number of RSUs outstanding as of April 30, 2013 and October 31, 2012 was 194,358, which included 161,000 of non vested restricted units with a weighted-average grate date fair value of $15.47 per unit.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6418621&loc=d3e17540-113929

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5444-113901

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Income Taxes	6 Months Ended
Income Taxes	Apr. 30, 2013
Income Tax Disclosure [Abstract]
Income Taxes	11. Income Taxes For interim periods, accounting standards require that income tax expense be determined by applying the estimated annual effective income tax rate to year-to-date results unless this method does not result in a reliable estimate of year-to-date income tax expense. For the second quarter of 2013, we used the discrete or cut-off method, which allows for the application of year-to-date results of the effective income tax rate that would actually apply to such results. This approach is appropriate where a small change in estimated income could produce a large change in the estimated annual effective tax rate. Our estimated annual effective tax rate for the six months ended April 30, 2013 is 34.1% compared to the estimated annual effective tax rate of 30.7% for the six months ended April 30, 2012. We continue to record a state Net Operating Loss (NOL) valuation allowance in fiscal 2013. In assessing the need for a valuation allowance, we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets. Prepaid and other current assets on the Condensed Consolidated Balance Sheets include an income tax receivable of four thousand dollars as of April 30, 2013 and $1.3 million as of October 31, 2012. Our unrecognized tax benefit (UTB) is related to the spin-off in 2008 and state tax items regarding the interpretations of tax laws and regulations. The total UTB as of April 30, 2013 is $15.8 million. Of this, $6.8 million is recorded in Liability for uncertain tax positions and $9.0 million is recorded in Deferred income taxes (non-current assets) on the Condensed Consolidated Balance Sheets. The UTB includes $14.8 million for which the disallowance of such items would not affect the annual effective tax rate. Judgment is required in assessing the future tax consequences of events that have been recognized in our financial statements or income tax returns. The final outcome of the future tax consequences of legal proceedings, if any, as well as the outcome of competent authority proceedings, changes in regulatory tax laws, or interpretation of those tax laws could impact our financial statements. We are subject to the effects of these matters occurring in various jurisdictions. We believe it is reasonably possible that a decrease of approximately $2.7 million in the UTB may be recognized within the next twelve months as a result of a lapse in the statute of limitations.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Contingencies

6 Months Ended

Apr. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Contingencies

12. Contingencies

Environmental

We are subject to extensive laws and regulations concerning the discharge of materials into the environment and the remediation of chemical contamination. To satisfy such requirements, we must make capital and other expenditures on an ongoing basis. We accrue for remediation obligations and adjust such accruals as further information and circumstances develop. Those estimates may change substantially depending on information about the nature and extent of contamination, appropriate remediation technologies, and regulatory approvals. In accruing for environmental remediation liabilities, costs of future expenditures are not discounted to their present value, unless the amount and timing of the expenditures are fixed or reliably determinable. When environmental laws might be deemed to impose joint and several liability for the costs of responding to contamination, we accrue our allocable share of liability taking into account the number of parties participating, their ability to pay their shares, the volumes and nature of the wastes involved, the nature of anticipated response actions, and the nature of our alleged connection to the contamination. The cost of environmental matters has not had a material adverse effect on our operations or financial condition in the past, and we are not currently aware of any conditions that, we believe, are likely to have a material adverse effect on our operations, financial condition or cash flows.

The table below indicates the total environmental reserve and corresponding recovery balances as well as where these balances are reported on the Condensed Consolidated Balance Sheets as of April 30, 2013 and October 31, 2012:



	April 30, 2013		October 31, 2012
	(In thousands)
Accrued liabilities	$	1,700	$	1,700
Non-current environmental reserves	9,230		9,827
Total environmental reserves	$	10,930	$	11,527

Accounts receivable	$	708	$	821
Other assets (non-current)	9,837		10,374
Total receivable for recovery of remediation costs	$	10,545	$	11,195

Currently, our ongoing remediation activities are at one of our subsidiaries, Nichols Aluminum-Alabama, LLC (NAA). NAA operates a plant in Decatur, Alabama that is subject to an Alabama Hazardous Wastes Management and Minimization Act Post-Closure Permit. Among other things, the permit requires NAA to remediate, as directed by the state, historical environmental releases of wastes and waste constituents. Consistent with the permit, NAA has undertaken various studies of site conditions and, during the first quarter of 2006, started a phased program to treat in-place free product petroleum that had been released underneath the plant. During the second quarter 2010, NAA submitted to the state the first component of its proposed workplan for implementing a site-wide remedy. The full workplan was submitted to the state during the third quarter 2010, revised during the second quarter 2011 to reflect both additional sampling data and responses to state comments, and revised again in the fourth quarter 2011 in response to another round of state comments. Based on those plans, which remain subject to further comment, revision, and state approval, our remediation reserve at NAA’s Decatur plant is $10.9 million as of April 30, 2013. Approximately $0.3 million of the April 30, 2013 reserve represents administrative costs; the balance of $10.6 million represents estimated costs for investigation, studies, cleanup, and treatment. The reserve has not been discounted. NAA was acquired through a stock purchase in which the sellers agreed to indemnify us and NAA for identified environmental matters related to the business and based on conditions initially created or events initially occurring prior to the acquisition. Environmental conditions are presumed to relate to the period prior to the acquisition unless proved to relate to releases occurring entirely after closing. The limit on indemnification is $21.5 million excluding legal fees. While our current estimates indicate we will not reach this limit, changing circumstances could result in additional costs or expenses that are not foreseen at this time. In accordance with the indemnification, the indemnitors paid the first $1.5 million of response costs and have been paying 90% of ongoing costs. Based on our experience to date, the estimated cleanup costs going forward, and costs incurred to date as of April 30, 2013, we expect to recover from the sellers’ shareholders an additional $10.5 million which has not been discounted.

Our final remediation costs and the timing of those expenditures will depend upon such factors as the nature and extent of contamination, the cleanup technologies employed, the effectiveness of the cleanup measures that are employed, and regulatory concurrences. While actual remediation costs, therefore, may be more or less than amounts accrued, we believe that we have established adequate reserves for all probable and reasonably estimable remediation liabilities. It is not possible at this point to reasonably estimate the amount of any obligation for remediation in excess of current accruals because of uncertainties as to the extent of environmental impact, cleanup technologies, and concurrence of governmental authorities. Currently, we expect to pay the accrued remediation reserve through fiscal year 2035, although some of the same factors discussed earlier could accelerate or extend the timing.

Other

From time to time, we, along with our subsidiaries, are involved in various litigation matters arising in the ordinary course of our business. Although the ultimate resolution and impact of such litigation is not presently determinable, we believe that the eventual outcome of such litigation will not have a material adverse effect on our overall financial condition, results of operations or cash flows.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Warranty Obligations

6 Months Ended

Apr. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Warranty Obligations

13. Warranty Obligations

Our estimated obligations for warranty are accrued concurrently with the revenue recognized. We make provisions for our warranty obligations based upon historical experience incurred for such obligations adjusted, as necessary, for current conditions and factors. Due to the significant uncertainties and judgments involved in estimating our warranty obligations, including changing product designs, variance in customer installation processes and future claims experience varying from historical claims experience, the ultimate amount incurred for warranty costs could change in the near and long-term from the current estimate.

The following table provides a reconciliation of the activity related to our accrued warranty, including both the current (reported in Accrued liabilities on the Condensed Consolidated Balance Sheets) and long-term portions (reported in Other liabilities on the Condensed Consolidated Balance Sheets), for the six months ended April 30, 2013 (in thousands):



	April 30, 2013
Balance at October 31, 2012	$	4,781
Provision for warranty expense	351
Warranty costs paid	(294		)
Total accrued warranty	$	4,838
Less long-term portion	2,908
Current accrued warranty	$	1,930

Derivative Instruments and Fair Value Measurement of Assets and Liabilities

6 Months Ended

Apr. 30, 2013

Derivative Insruments and Fair Value of Assets and Liabilities [Abstract]

Derivative Instruments and Fair Value of Assets and Liabilities

14. Derivative Instruments and Fair Value Measurement of Assets and Liabilities

Derivative Instruments

Our derivative activities are subject to the management, direction, and control of the Chief Financial Officer and Chief Executive Officer and other officers and employees they select. Certain transactions in excess of specified levels require further approval from the Board of Directors.

The nature of our business activities requires the management of various financial and market risks, including those related to changes in foreign currency exchange rates and aluminum scrap prices. We use foreign currency forwards and options and aluminum forward and swap contracts to mitigate or eliminate certain of those risks. Specifically, the foreign currency contracts are used to offset fluctuations in the value of accounts receivable and payable balances that are denominated in currencies other than the U.S. dollar, which consist principally of the Euro, British Pound and Canadian Dollar. The aluminum contracts are used to minimize the price risk related to customer sales contracts. We enter into firm price raw material purchase commitments (which are designated as "normal purchases" under ASC topic 815 "Derivatives and Hedging" (ASC 815)) as well as contracts on the London Metal Exchange (LME). Our risk management policy, as it relates to these LME contracts, is to enter into contracts as needed so that raw material purchase levels, including both fixed price purchase commitments as well as LME contracts, match our needs to meet the committed sales orders. This is done through the use of LME forward purchase and sale contracts and LME swap contracts. Currently, we have not entered into derivative transactions for speculative or trading purposes.

We are exposed to credit loss in the event of nonperformance by the counterparties to our derivative transactions. We attempt to mitigate this risk by monitoring the creditworthiness of our counterparties and limiting our exposure to individual counterparties. In addition, we have established master netting agreements in certain cases to facilitate the settlement of gains and losses on specific derivative contracts.

We have not designated any of our derivative contracts as hedges for accounting purposes. Therefore, changes in the fair value of these contracts are recorded in the Condensed Consolidated Statements of Income as follows:



		Three Months Ended						Six Months Ended
Derivatives Not Designated as	Location of Gain or (Loss)	April 30,						April 30,
Hedging Instruments	Recognized in Earnings	2013			2012			2013			2012
		(In thousands)
Aluminum derivatives	Cost of sales	$	(253	)	$	(864	)	$	(184	)	$	97
Foreign currency derivatives	Other, net	$	326		$	(95	)	$	(382	)	$	626

The fair value of outstanding derivative contracts recorded as assets and liabilities on the accompanying Condensed Consolidated Balance Sheet is indicated in the table below:



	April 30, 2013		October 31, 2012
	(In thousands)
Asset Derivatives
Prepaid and other current assets:
Aluminum derivatives	$	—	$	10
Foreign currency derivatives	$	29	$	6

Liability Derivatives
Accrued liabilities:
Aluminum derivatives	$	338	$	170
Foreign currency derivatives	$	124	$	23
Other liabilities (non-current):
Aluminum derivatives	$	—	$	4

The following table summarizes the notional amounts and fair value of our outstanding derivative contracts:



	Notional as indicated			Fair Value in $
		April 30, 2013	October 31, 2012	April 30, 2013			October 31, 2012
		(In thousands)
Aluminum derivatives:
Aluminum forward purchase contracts	LBS	1,102	2,370	$	(65	)	$	(164	)
Aluminum swap contracts	LBS	1,874	—	$	(273	)	$	—

Foreign currency exchange derivatives:
Sell EUR, buy GBP	EUR	—	545	$	—		$	—
Sell EUR, buy USD	EUR	8,092	7,663	$	(118	)	$	(23	)
Sell CAD, buy USD	CAD	486	608	$	(6	)	$	1
Buy GBP, sell USD	GBP	3,035	1,934	$	26		$	5
Buy EUR, sell GBP	EUR	355	—	$	3		$	—

Fair Value Measurement

Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy distinguishes between (1) market participant assumptions developed based on market data obtained from independent sources (observable inputs) and (2) an entity's own assumptions about market participant assumptions developed based on the best information available in the circumstances (unobservable inputs). The fair value hierarchy consists of three broad levels, which gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are described below:


•	Level 1 - Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities.

•

Level 2 - Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly including quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in markets that are not active; inputs other than quoted prices that are observable for the asset or liability (e.g., interest rates) and inputs that are derived principally from or corroborated by observable market data by correlation or other means.


•	Level 3 - Inputs that are both significant to the fair value measurement and unobservable.

We hold Money Market Fund investments, pension plan assets and derivative contracts that are measured at fair value on a recurring basis. The Money Market Fund investments and the pension plan assets are measured at fair value based on active market quotations and are therefore classified as Level 1. All of our derivative contracts are valued using quoted market prices from brokers or exchanges and are classified within Level 2 of the fair value hierarchy.

The Money Market Fund investments are classified as Cash and equivalents, while the pension plan assets are included in Deferred pension and postretirement benefits on the Condensed Consolidated Balance Sheets. The derivative instruments are included in various asset and liability accounts as discussed earlier in this footnote.

The following table summarizes the assets and liabilities measured on a recurring basis based on the fair value hierarchy:



	April 30, 2013											October 31, 2012
	Level 1		Level 2			Level 3			Total			Level 1		Level 2			Level 3		Total
	(In thousands)
Assets
Money market fund investments	$	929	$	—		$	—		$	929		$	67,819	$	—		$	—	$	67,819
Pension plan assets	23,006		—			—			23,006			18,562		—			—		18,562
Aluminum derivatives	—		—			—			—			—		10			—		10
Foreign currency exchange derivatives	—		29			—			29			—		6			—		6
Total assets	$	23,935	$	29		$	—		$	23,964		$	86,381	$	16		$	—	$	86,397

Liabilities
Aluminum derivatives	$	—	$	(338	)	$	—		$	(338	)	$	—	$	(174	)	$	—	$	(174	)
Foreign currency exchange derivatives	—		(124		)	—			(124		)	—		(23		)	—		(23		)
Contingent consideration	$	—	$	—		$	(250	)	$	(250	)	$	—	$	—		$	—	$	—
Total liabilities	$	—	$	(462	)	$	(250	)	$	(712	)	$	—	$	(197	)	$	—	$	(197	)

Net assets (liabilities)	$	23,935	$	(433	)	$	(250	)	$	23,252		$	86,381	$	(181	)	$	—	$	86,200

In connection with the Alumco asset purchase transaction (See "Acquisitions", Note 3 to the Condensed Consolidated Financial Statements), we recognized a contingent liability of $0.3 million on December 31, 2012, that is classified as Level 3 and measured at fair value on a recurring basis. The fair value is based on management's assessment of the probability that the acquired business will achieve the financial targets necessary to receive the earn out payment specified in the purchase agreement. There has been no change in the value of the liability since it was recorded.

We also hold approximately $4.7 million of property, plant and equipment as of April 30, 2013 that is recorded at fair value on a non-recurring basis and classified as Level 3. The fair value is based on broker opinions.

Other Income (Expense)

6 Months Ended

Apr. 30, 2013

Other Income and Expenses [Abstract]

Other Income (Expense)

15. Other Income (Expense)

Our non-operating income (expense), (Other,net) for the three and six months ended April 30, 2013 and 2012 are as follows:



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Other income (expense)
Foreign currency transaction gains (losses)	$	(331	)	$	(12	)	$	331		$	(617	)
Foreign currency exchange derivative gains (losses)	326			(95		)	(382		)	626
Interest income	14			68			34			147
Other	—			—			(65		)	22
Other income (expense)	$	9		$	(39	)	$	(82	)	$	178

Acquisitions (Tables)

6 Months Ended

Apr. 30, 2013

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation [Table Text Block]

During the second quarter, we recorded an adjustment to goodwill of $0.1 million to recognize a derivative liability that existed as of the opening balance sheet date.



	As of Date of Opening Balance Sheet
	(In thousands)
Current assets:
Accounts receivable	$	3,638
Inventories	5,062
Prepaid and other current assets	140
Total current assets	8,840
Property, plant and equipment	4,702
Goodwill	2,555
Intangible assets	8,939
Total assets	$	25,036
Current liabilities:
Accounts payable	$	1,816
Accrued liabilities	783
Current maturities of long-term debt	14
Total current liabilities	2,613
Long-term debt	77
Total liabilities	2,690
Investment	22,346
Total liabilities and equity	$	25,036

Goodwill and Acquired Intangible Assets (Tables)

6 Months Ended

Apr. 30, 2013

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the period ended April 30, 2013 is as follows (in thousands):



	Engineered Products Goodwill
Balance at October 31, 2012	$	68,331
Alumco acquisition	2,555
Foreign currency translation adjustment	117
Balance at April 30, 2013	$	71,003

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Intangible assets consist of the following (in thousands):



	As of April 30, 2013					As of October 31, 2012
	Gross Carrying Amount		Accumulated Amortization			Gross Carrying Amount		Accumulated Amortization
Amortized intangible assets:
Customer relationships	$	52,487	$	(13,548	)	$	43,737	$	(11,675	)
Trademarks and trade names	44,524		(15,985		)	44,519		(14,520		)
Patents and other technology	25,018		(10,315		)	24,773		(9,382		)
Other	1,392		(603		)	1,392		(464		)
Total	$	123,421	$	(40,451	)	$	114,421	$	(36,041	)

Estimated Amortization Expense Related to Intangible Assets

Estimated amortization expense for the next five years for existing intangibles is presented below (in thousands):



Fiscal Years Ending October 31,	Estimated Amortization
	(In thousands)
2013 (remaining six months)	$	4,534
2014	$	8,974
2015	$	8,843
2016	$	8,572
2017	$	8,466

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References + Details

Inventories (Tables)

6 Months Ended

Apr. 30, 2013

Inventory Disclosure [Abstract]

Inventories

Inventories consist of the following:



	April 30, 2013		October 31, 2012
	(In thousands)
Raw materials	$	37,383	$	30,400
Finished goods and work in process	37,469		32,937
Supplies and other	2,356		2,567
Total	$	77,208	$	65,904

Values of Inventories

The values of inventories are based on the following accounting methods:



	April 30, 2013		October 31, 2012
	(In thousands)
LIFO	$	31,967	$	28,224
FIFO	45,241		37,680
Total	$	77,208	$	65,904

Long-Term Debt and Capital Lease Obligations (Tables)

6 Months Ended

Apr. 30, 2013

Debt Disclosure [Abstract]

Long-term debt

Long-term debt consists of the following:



	April 30, 2013		October 31, 2012
	(In thousands)
Revolving Credit Facility	$	10,000	$	—
City of Richmond, Kentucky Industrial Building Revenue Bonds	700		800
Scott County, Iowa Industrial Waste Recycling Revenue Bonds	400		400
Capital lease obligations and other	250		201
Total debt	$	11,350	$	1,401
Less maturities due within one year included in current liabilities	278		368
Long-term debt	$	11,072	$	1,033

Retirement Plans (Tables)

6 Months Ended

Apr. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Net Periodic Pension Cost

The net periodic pension cost for this plan includes the following components:



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Net periodic benefit cost:
Service cost	$	1,003		$	846		$	1,910		$	1,826
Interest cost	200			204			394			408
Expected return on plan assets	(335		)	(303		)	(700		)	(580		)
Amortization of net loss	122			23			184			73
Net periodic benefit cost	$	990		$	770		$	1,788		$	1,727

Industry Segment Information (Tables)

6 Months Ended

Apr. 30, 2013

Segment Reporting [Abstract]

Summary of Net Sales, Operating Income (Loss) and Identifiable Assets by Segment



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Net Sales:
Engineered Products	$	125,158		$	108,770		$	231,277		$	208,163
Aluminum Sheet Products	109,691			88,293			194,294			153,993
Intersegment Eliminations	(2,391		)	(2,619		)	(7,400		)	(6,133		)
Consolidated	$	232,458		$	194,444		$	418,171		$	356,023
Operating Income (Loss):
Engineered Products	$	5,908		$	83		$	8,741		$	1,887
Aluminum Sheet Products	(468		)	(7,533		)	(4,698		)	(13,051		)
Corporate & Other	(14,813		)	(8,629		)	(27,101		)	(16,219		)
Consolidated	$	(9,373	)	$	(16,079	)	$	(23,058	)	$	(27,383	)



	April 30, 2013		October 31, 2012
	(In thousands)
Identifiable Assets:
Engineered Products	$	395,808	$	380,551
Aluminum Sheet Products	154,132		139,733
Corporate, Intersegment Eliminations & Other	24,718		69,254
Consolidated	$	574,658	$	589,538
Goodwill:
Engineered Products	$	71,003	$	68,331
Consolidated	$	71,003	$	68,331

- 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 + Details

Stock-Based Compensation (Tables)

6 Months Ended

Apr. 30, 2013

Share-based Compensation [Abstract]

Summary of Non Vested Restricted Stock Award Changes During Period

A summary of non-vested restricted stock award changes during the six months ended April 30, 2013 is presented below:



	Shares		Weighted - Average Grant-Date Fair Value Per Share
Non-vested at October 31, 2012	212,700		$	16.08
Granted	71,400		21.09
Canceled	(6,900	)	16.00
Vested	(67,300	)	16.21
Non-vested at April 30, 2013	209,900		$	17.74

Summary of Valuation Assumptions and Resulting Grant Date Fair Values for Grants

The following table provides a summary of assumptions used to estimate the fair value of options issued during the six months ended April 30, 2013 and 2012.



	Six Months Ended
	April 30,
	2013			2012
Weighted-average expected volatility	54.0		%	54.0		%
Expected term (in years)	4.9-5.1			4.9-5.1
Risk-free interest rate	0.6		%	1.0		%
Expected dividend yield over expected term	1.0		%	1.0		%
Weighted-average grant-date fair value per share	$	8.99		$	6.49

Summary of Stock Option Shares Activity for the 2008 Plan

The following table summarizes our stock option shares activity for the six months ended April 30, 2013:



	Shares		Weighted- Average Exercise Price Per Share		Weighted- Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2012	2,473,250		$	14.57
Granted	426,100		21.06
Exercised	(50,678	)	13.69
Cancelled/Expired	(6,386	)	19.40
Outstanding at April 30, 2013	2,842,286		15.54		7.2	$	4,912
Vested or expected to vest at April 30, 2013	2,756,925		15.45		7.1	$	4,893
Exercisable at April 30, 2013	1,887,702		$	14.14	6.3	$	4,570

Contingencies (Tables)

6 Months Ended

Apr. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Environmental Reserve and Corresponding Recovery



	April 30, 2013		October 31, 2012
	(In thousands)
Accrued liabilities	$	1,700	$	1,700
Non-current environmental reserves	9,230		9,827
Total environmental reserves	$	10,930	$	11,527

Accounts receivable	$	708	$	821
Other assets (non-current)	9,837		10,374
Total receivable for recovery of remediation costs	$	10,545	$	11,195

- Definition

Tabular disclosure of environmental loss contingencies by individual site. Does not include loss contingencies that are not environmental in nature.

+ References + Details

Warranty Obligations (Tables)

6 Months Ended

Apr. 30, 2013

Commitments and Contingencies Disclosure [Abstract]

Reconciliation of Activity Related to the Company's Accrued Warranty



	April 30, 2013
Balance at October 31, 2012	$	4,781
Provision for warranty expense	351
Warranty costs paid	(294		)
Total accrued warranty	$	4,838
Less long-term portion	2,908
Current accrued warranty	$	1,930

Derivative Instruments and Fair Value Measurement of Assets and Liabilities (Tables)

6 Months Ended

Apr. 30, 2013

Derivative Insruments and Fair Value of Assets and Liabilities [Abstract]

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]



		Three Months Ended						Six Months Ended
Derivatives Not Designated as	Location of Gain or (Loss)	April 30,						April 30,
Hedging Instruments	Recognized in Earnings	2013			2012			2013			2012
		(In thousands)
Aluminum derivatives	Cost of sales	$	(253	)	$	(864	)	$	(184	)	$	97
Foreign currency derivatives	Other, net	$	326		$	(95	)	$	(382	)	$	626

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

The fair value of outstanding derivative contracts recorded as assets and liabilities on the accompanying Condensed Consolidated Balance Sheet is indicated in the table below:



	April 30, 2013		October 31, 2012
	(In thousands)
Asset Derivatives
Prepaid and other current assets:
Aluminum derivatives	$	—	$	10
Foreign currency derivatives	$	29	$	6

Liability Derivatives
Accrued liabilities:
Aluminum derivatives	$	338	$	170
Foreign currency derivatives	$	124	$	23
Other liabilities (non-current):
Aluminum derivatives	$	—	$	4

Schedule of Notional Amounts of Oustanding Derivative Positions

The following table summarizes the notional amounts and fair value of our outstanding derivative contracts:



	Notional as indicated			Fair Value in $
		April 30, 2013	October 31, 2012	April 30, 2013			October 31, 2012
		(In thousands)
Aluminum derivatives:
Aluminum forward purchase contracts	LBS	1,102	2,370	$	(65	)	$	(164	)
Aluminum swap contracts	LBS	1,874	—	$	(273	)	$	—

Foreign currency exchange derivatives:
Sell EUR, buy GBP	EUR	—	545	$	—		$	—
Sell EUR, buy USD	EUR	8,092	7,663	$	(118	)	$	(23	)
Sell CAD, buy USD	CAD	486	608	$	(6	)	$	1
Buy GBP, sell USD	GBP	3,035	1,934	$	26		$	5
Buy EUR, sell GBP	EUR	355	—	$	3		$	—

Summary of Fair Value of Assets Measured on Recurring Basis

The following table summarizes the assets and liabilities measured on a recurring basis based on the fair value hierarchy:



	April 30, 2013											October 31, 2012
	Level 1		Level 2			Level 3			Total			Level 1		Level 2			Level 3		Total
	(In thousands)
Assets
Money market fund investments	$	929	$	—		$	—		$	929		$	67,819	$	—		$	—	$	67,819
Pension plan assets	23,006		—			—			23,006			18,562		—			—		18,562
Aluminum derivatives	—		—			—			—			—		10			—		10
Foreign currency exchange derivatives	—		29			—			29			—		6			—		6
Total assets	$	23,935	$	29		$	—		$	23,964		$	86,381	$	16		$	—	$	86,397

Liabilities
Aluminum derivatives	$	—	$	(338	)	$	—		$	(338	)	$	—	$	(174	)	$	—	$	(174	)
Foreign currency exchange derivatives	—		(124		)	—			(124		)	—		(23		)	—		(23		)
Contingent consideration	$	—	$	—		$	(250	)	$	(250	)	$	—	$	—		$	—	$	—
Total liabilities	$	—	$	(462	)	$	(250	)	$	(712	)	$	—	$	(197	)	$	—	$	(197	)

Net assets (liabilities)	$	23,935	$	(433	)	$	(250	)	$	23,252		$	86,381	$	(181	)	$	—	$	86,200

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References + Details

- Definition

Tabular disclosure of the location and amount of gains and losses reported in the statement of financial performance, or when applicable, the statement of financial position. For example, (a) gains and losses recognized in the income statement on derivative instruments designated and qualifying as hedging instruments in fair value hedges and related hedged items designated and qualifying in fair value hedges and (b) gains and losses initially recognized in other comprehensive income on derivative instruments designated and qualifying as cash flow hedges.

+ References + Details

Other Income (Expense) Other Income (Expense) (Tables)

6 Months Ended

Apr. 30, 2013

Other Income and Expenses [Abstract]

Schedule of Other Nonoperating Income (Expense)

Our non-operating income (expense), (Other,net) for the three and six months ended April 30, 2013 and 2012 are as follows:



	Three Months Ended						Six Months Ended
	April 30,						April 30,
	2013			2012			2013			2012
	(In thousands)
Other income (expense)
Foreign currency transaction gains (losses)	$	(331	)	$	(12	)	$	331		$	(617	)
Foreign currency exchange derivative gains (losses)	326			(95		)	(382		)	626
Interest income	14			68			34			147
Other	—			—			(65		)	22
Other income (expense)	$	9		$	(39	)	$	(82	)	$	178

Acquisitions - Additional Information (Detail) $ in Millions	3 Months Ended	6 Months Ended
	Apr. 30, 2013 USD ($)	Apr. 30, 2013 USD ($)
Business Acquisition [Line Items]
Adjustment to goodwill	$ 0.1
Quanex Screens [Member]
Business Acquisition [Line Items]
Acquisitions, net of cash acquired	22.4	$ 22.4
Contingent consideration arrangements, additional consideration outcome	0.5	0.5
Contingent consideration at fair value	0.3	0.3
Business Combination, Contingent Consideration Arrangements, Additional Consideration Outcome, Reduction Related to Working Capital Clause	$ 0.4	0.4
Patents and other technology
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		0.2
Customer relationships
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 8.7

Acquisitions Summary of Purchase Price Allocation (Details) $ in Thousands	Dec. 31, 2012 USD ($)
Current assets:
Accounts receivable	$ 3,638
Inventories	5,062
Prepaid and other current assets	140
Total current assets	8,840
Property, plant and equipment	4,702
Goodwill	2,555
Intangible assets	8,939
Total assets	25,036
Current liabilities:
Accounts payable	1,816
Accrued liabilities	783
Current maturities of long-term debt	14
Total current liabilities	2,613
Long-term debt	77
Total liabilities	2,690
Investment	22,346
Total liabilities and equity	$ 25,036

Changes in the Carrying Amount of Goodwill (Detail) $ in Thousands	6 Months Ended
	Apr. 30, 2013 USD ($)
Goodwill [Roll Forward]
Beginning balance	$ 68,331
Alumco acquisition	2,555
Foreign currency translation adjustment	117
Ending balance	71,003
Engineered Products
Goodwill [Roll Forward]
Beginning balance	68,331
Ending balance	$ 71,003

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=14024403&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Intangible Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 123,421	$ 114,421
Accumulated Amortization	(40,451)	(36,041)
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	52,487	43,737
Accumulated Amortization	(13,548)	(11,675)
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	44,524	44,519
Accumulated Amortization	(15,985)	(14,520)
Patents and other technology
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	25,018	24,773
Accumulated Amortization	(10,315)	(9,382)
Lease agreements
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,392	1,392
Accumulated Amortization	$ (603)	$ (464)

Goodwill and Acquired Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets amortization expense	$ 2.2	$ 2.1	$ 4.4	$ 4.1
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired			$ 8.7
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			10 years
Patents and other technology
Acquired Finite-Lived Intangible Assets [Line Items]
Finite-lived Intangible Assets Acquired			$ 0.2
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life			3 years

Estimated Amortization Expense Related to Intangible Assets (Detail) $ in Thousands	Apr. 30, 2013 USD ($)
Estimated Amortization Expense
2013 (remaining six months)	$ 4,534
2014	8,974
2015	8,843
2016	8,572
2017	$ 8,466

Components of Inventory (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Inventory Disclosure [Abstract]
Raw materials	$ 37,383	$ 30,400
Finished goods and work in process	37,469	32,937
Supplies and other	2,356	2,567
Total	$ 77,208	$ 65,904

Values of Inventories (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Inventory Disclosure [Abstract]
LIFO	$ 31,967	$ 28,224
FIFO	45,241	37,680
Total	$ 77,208	$ 65,904

Inventories - Additional Information (Detail) - USD ($) $ in Millions	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Oct. 31, 2012
Inventory Disclosure [Abstract]
LIFO inventory valuation, year-end projection	$ 0.0	$ 0.0
Excess of replacement cost over LIFO value	$ 10.7		$ 10.7

Earnings Per Share - Additional Information (Detail) - shares shares in Millions	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Earnings Per Share Disclosure [Line Items]
Securities excluded from diluted earnings (loss) per share calculation	1.2	0.8	0.7	0.8
Stock Options
Earnings Per Share Disclosure [Line Items]
Securities excluded from diluted earnings (loss) per share calculation	0.4	0.4	0.4	0.4
Restricted Stock
Earnings Per Share Disclosure [Line Items]
Securities excluded from diluted earnings (loss) per share calculation	0.1	0.1	0.1	0.1

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Long-Term Debt (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Debt Disclosure [Line Items]
Total Debt	$ 11,350	$ 1,401
Less maturities due within one year included in current liabilities	278	368
Long-term debt	11,072	1,033
Revolving Credit Facility
Debt Disclosure [Line Items]
Total Debt	10,000	0
Kentucky Industrial Building Revenue Bonds
Debt Disclosure [Line Items]
Total Debt	700	800
Iowa Industrial Waste Recycling Revenue Bonds
Debt Disclosure [Line Items]
Total Debt	400	400
Capital Lease Obligations And Other
Debt Disclosure [Line Items]
Total Debt	$ 250	$ 201

Long-Term Debt and Capital Lease Obligations - Additional Information (Detail) $ in Thousands	6 Months Ended
	Apr. 30, 2013 USD ($)
Debt Disclosure [Line Items]
Credit facility, maximum borrowing capacity	$ 150,000
Line of Credit Facility, Additional Aggregate Commitments Increase Limit	100,000
Line of Credit Facility, Total Commitments Limit	250,000
Letters of credit, outstanding	5,600
Credit facility, available amount	59,400
Borrowings under credit facility	14,500
Repayments of credit facility borrowings	$ 4,500
Leverage ratio, actual	0.74
Interest coverage ratio, actual	45.01
Maximum
Debt Disclosure [Line Items]
Interest coverage ratio, Company must not exceed	3.00
Leverage ratio, Company must not exceed	3.25

Retirement Plans - Additional Information (Detail) $ in Millions	6 Months Ended
	Apr. 30, 2013 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Contributions by Employer	$ 3.3

Components of Net Periodic Pension Cost (Detail) - Pension Plans, Defined Benefit - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Net periodic benefit cost:
Service cost	$ 1,003	$ 846	$ 1,910	$ 1,826
Interest cost	200	204	394	408
Expected return on plan assets	(335)	(303)	(700)	(580)
Amortization of net loss	122	23	184	73
Net periodic benefit cost	$ 990	$ 770	$ 1,788	$ 1,727

- Definition

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

+ References + Details

- Definition

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Industry Segment Information - Additional Information (Detail)	Apr. 30, 2013 operating_segment
Segment Reporting [Abstract]
Number of reportable business segments	2

Summary of Net Sales and Operating Income (Loss) by Segment (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Segment Reporting Information [Line Items]
Sales revenue, net	$ 232,458	$ 194,444	$ 418,171	$ 356,023
Operating income (loss)	(9,373)	(16,079)	(23,058)	(27,383)
Engineered Products
Segment Reporting Information [Line Items]
Sales revenue, net	125,158	108,770	231,277	208,163
Operating income (loss)	5,908	83	8,741	1,887
Aluminum Sheet Products
Segment Reporting Information [Line Items]
Sales revenue, net	109,691	88,293	194,294	153,993
Operating income (loss)	(468)	(7,533)	(4,698)	(13,051)
Intersegment Eliminations
Segment Reporting Information [Line Items]
Sales revenue, net	(2,391)	(2,619)	(7,400)	(6,133)
Corporate and Other
Segment Reporting Information [Line Items]
Operating income (loss)	$ (14,813)	$ (8,629)	$ (27,101)	$ (16,219)

Identifiable Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Segment Reporting Information [Line Items]
Assets	$ 574,658	$ 589,538
Goodwill	71,003	68,331
Engineered Products
Segment Reporting Information [Line Items]
Assets	395,808	380,551
Goodwill	71,003	68,331
Aluminum Sheet Products
Segment Reporting Information [Line Items]
Assets	154,132	139,733
Corporate, Intersegment Eliminations & Other
Segment Reporting Information [Line Items]
Assets	$ 24,718	$ 69,254

- Definition

+ References

+ Details

Stock Based Compensation - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Oct. 31, 2012
Restricted Stock Awards (RSAs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 17.74		$ 16.08
Vesting period	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	209,900		212,700
Grant date fair market value per share	$ 21.09	$ 15.08
Unrecognized compensation cost related to unamortized stock awards	$ 2.0
Weighted-average period over which unrecognized cost is expected to be recognized	2 years 1 month 18 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	71,400
Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Total intrinsic value of options exercised	$ 0.4	$ 0.3
Total fair value of shares vested	2.7	$ 2.3
Unrecognized compensation cost related to unamortized stock awards	$ 3.9
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 9 months 18 days
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	$ 15.47		$ 15.47
Vesting period	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	161,000		161,000
Grant date fair market value per share		$ 15.08
Unrecognized compensation cost related to unamortized stock awards	$ 1.3
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 8 months 1 day
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	0
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Number	194,358		194,358

Summary of Non Vested Restricted Stock Award Changes During Period (Detail) - USD ($) $ / shares in Units, $ in Millions	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012
Restricted Stock Units (RSUs)
Number of Shares
Non-vested at beginning of the Period	161,000
Granted	0
Non-vested at end of the Period	161,000
Weighted Average Grant Date Fair Value Per Share
Non-vested at beginning of the Period	$ 15.47
Granted		$ 15.08
Non-vested at end of the Period	$ 15.47
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 0.0
Restricted Stock Awards (RSAs)
Number of Shares
Non-vested at beginning of the Period	212,700
Granted	71,400
Cancelled	(6,900)
Vested	(67,300)
Non-vested at end of the Period	209,900
Weighted Average Grant Date Fair Value Per Share
Non-vested at beginning of the Period	$ 16.08
Granted	21.09	$ 15.08
Cancelled	16.00
Vested	16.21
Non-vested at end of the Period	$ 17.74
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 1.1	$ 0.9

Summary of Valuation Assumptions and Resulting Grant Date Fair Values for Grants (Detail) - $ / shares	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average expected volatility	54.00%	54.00%
Risk-free interest rate	0.60%	1.00%
Expected dividend yield over expected term	1.00%	1.00%
Weighted-average grant-date fair value per share	$ 8.99	$ 6.49
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	4 years 10 months 24 days	4 years 10 months 24 days
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term (in years)	5 years 1 month 6 days	5 years 1 month 6 days

Summary of Stock Option Shares Activity for the 2008 Plan (Detail) $ / shares in Units, $ in Thousands	6 Months Ended
	Apr. 30, 2013 USD ($) $ / shares shares
Number of Shares
Outstanding at beginning of period \| shares	2,473,250
Granted \| shares	426,100
Exercised \| shares	(50,678)
Cancelled/Expired \| shares	(6,386)
Outstanding at end of period \| shares	2,842,286.000
Vested or expected to vest at end of period \| shares	2,756,925
Exercisable at end of period \| shares	1,887,702
Weighted Average Exercise Price Per Share
Outstanding at beginning of period \| $ / shares	$ 14.57
Granted \| $ / shares	21.06
Exercised \| $ / shares	13.69
Cancelled/Expired \| $ / shares	19.40
Outstanding at end of period \| $ / shares	15.54
Vested or expected to vest at end of period \| $ / shares	15.45
Exercisable at end of period \| $ / shares	$ 14.14
Weighted Average Remaining Contractual Life
Outstanding at end of period	7 years 2 months 24 days
Vested or expected to vest at end of period	7 years 1 month 24 days
Exercisable at end of period	6 years 3 months
Aggregate Intrinsic Value
Outstanding at end of period \| $	$ 4,912
Vested or expected to vest at end of period \| $	4,893
Exercisable at end of period \| $	$ 4,570

Income Taxes - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Oct. 31, 2012
Income Tax Disclosure [Abstract]
Estimated annual effective tax rate	34.10%	30.70%
Income tax receivable	$ 4		$ 1,300
Total unrecognized tax benefits	15,800
Liability for uncertain tax positions noncurrent	6,844		$ 6,736
Deferred income taxes (non-current assets)	9,000
Unrecognized tax benefits, would not affect the annual effective tax rate	14,800
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$ 2,700

- Definition

Carrying amount due within one year of the balance sheet date (or one operating cycle, if longer) from tax authorities as of the balance sheet date representing refunds of overpayments or recoveries based on agreed-upon resolutions of disputes.

+ References + Details

Environmental Reserve and Corresponding Recovery (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Commitments and Contingencies Disclosure [Abstract]
Accrued liabilities	$ 1,700	$ 1,700
Non-current environmental reserves	9,230	9,827
Total environmental reserves	10,930	11,527
Accounts Receivable	708	821
Other assets (non-current)	9,837	10,374
Receivable for recovery of remediation costs	$ 10,545	$ 11,195

- Definition

Carrying value of the obligation (known or estimated) arising from requirements to perform activities to remediate one or more sites, payable in twelve months or in the next operating cycle if longer.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14326-108349

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13207-110859

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section 45
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6361293&loc=d3e6911-107765

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 410
-SubTopic 30
-Section 50
-Paragraph 10
-Subparagraph (d)(1)
-URI http://asc.fasb.org/extlink&oid=6393242&loc=d3e13237-110859

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.20)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 43
-Section A
-Paragraph 8
-Chapter 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 96-1
-Paragraph 161, 163
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 20
-Article 5

+ Details

Contingencies - Additional Information (Detail) - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2013	Oct. 31, 2012
Commitments and Contingencies Disclosure [Line Items]
Environmental reserves	$ 10,930	$ 11,527
Environmental reserve, administrative costs	300
Undiscounted recovery remediation costs	10,600
Payment on indemnification	$ 1,500
Ongoing costs, percentage of payments	90.00%
Recorded Third-Party Environmental Recoveries Receivable	$ 10,545	$ 11,195
Maximum
Commitments and Contingencies Disclosure [Line Items]
Environmental matters related to business acquisition	21,500
Nichols Aluminum-Alabama, LLC (NAA)
Commitments and Contingencies Disclosure [Line Items]
Environmental reserves	$ 10,900

Reconciliation of Activity Related to the Company's Accrued Warranty (Detail) $ in Thousands	6 Months Ended
	Apr. 30, 2013 USD ($)
Commitments and Contingencies Disclosure [Abstract]
Beginning balance	$ 4,781
Provision for warranty expense	351
Warranty costs paid	(294)
Total accrued warranty	4,838
Less long-term portion	2,908
Current accrued warranty	$ 1,930

- Definition

Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. For classified balance sheets, represents the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References + Details

Derivative Instruments and Fair Value Measurement of Assets and Liabilities Derivative Instruments Gain (Loss) Recognized in Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Aluminum derivatives	$ (253)	$ (864)	$ (184)	$ 97
Other Non Operating Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	$ 326	$ (95)	$ (382)	$ 626

Derivative Instruments and Fair Value Measurement of Assets and Liabilities Derivative Instruments in Statement of Financial Position, Fair Value (Details) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Prepaid And Other Current Assets [Member]
Derivatives, Fair Value [Line Items]
Aluminum derivatives	$ 0	$ 10
Foreign currency derivatives	29	6
Accrued Liabilities [Member]
Derivatives, Fair Value [Line Items]
Aluminum derivatives	338	170
Foreign currency derivatives	124	23
Other Non-Current Liabilities [Member]
Derivatives, Fair Value [Line Items]
Aluminum derivatives	$ 0	$ 4

Derivative Instruments and Fair Value Measurement of Assets and Liabilities Fair Value of Derivative Instruments Outstanding (Details) € in Thousands, lb in Thousands, $ in Thousands	Apr. 30, 2013 EUR (€) lb	Apr. 30, 2013 USD ($) lb	Oct. 31, 2012 EUR (€) lb	Oct. 31, 2012 USD ($) lb
Sell EUR, buy GBP [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange derivatives, notional amount (stated in foreign currency) \| €	€ 0		€ 545
Foreign currency exchange derivatives, fair value (stated in USD)		$ 0		$ 0
Sell EUR, buy USD [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange derivatives, notional amount (stated in foreign currency)		8,092		7,663
Foreign currency exchange derivatives, fair value (stated in USD)		(118)		(23)
Sell CAD, buy USD [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange derivatives, notional amount (stated in foreign currency)		486		608
Foreign currency exchange derivatives, fair value (stated in USD)		(6)		1
Buy GBP, sell USD [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange derivatives, notional amount (stated in foreign currency)		3,035		1,934
Foreign currency exchange derivatives, fair value (stated in USD)		26		5
Buy EUR, sell GBP [Member]
Derivatives, Fair Value [Line Items]
Foreign currency exchange derivatives, notional amount (stated in foreign currency)		355
Foreign currency exchange derivatives, fair value (stated in USD)		3
Forward Purchase Aluminum Contracts [Member] \| Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Price Risk Derivative Insruments Not Designated as Hedging Instruments, at Fair Value, Net		(65)		(164)
Aluminum Swap Contracts [Member] \| Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Price Risk Derivative Instruments Not Designated as Hedging Instruments Asset, at Fair Value		$ (273)		$ 0
Not Designated as Hedging Instrument [Member] \| Forward Purchase Aluminum Contracts [Member] \| Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Aluminum forward purchase and swap contracts \| lb	1,102	1,102	2,370	2,370
Not Designated as Hedging Instrument [Member] \| Aluminum Swap Contracts [Member] \| Commodity Contract [Member]
Derivatives, Fair Value [Line Items]
Aluminum forward purchase and swap contracts \| lb	1,874	1,874	0	0

Summary of Fair Value of Assets Measured on Recurring Basis (Detail) - USD ($) $ in Thousands	Apr. 30, 2013	Oct. 31, 2012
Fair Value, Inputs, Level 1
Derivative Instruments and Fair Value [Line Items]
Money market fund investments	$ 929	$ 67,819
Pension plan assets	23,006	18,562
Aluminum derivatives	0	0
Foreign currency exchange derivatives	0	0
Total assets	23,935	86,381
Aluminum derivatives	0	0
Foreign currency derivatives	0	0
Total liabilities	0	0
Net assets (liabilities)	23,935	86,381
Fair Value, Inputs, Level 2 [Member]
Derivative Instruments and Fair Value [Line Items]
Money market fund investments	0	0
Pension plan assets	0	0
Aluminum derivatives	0	10
Foreign currency exchange derivatives	29	6
Total assets	29	16
Aluminum derivatives	338	174
Foreign currency derivatives	(124)	(23)
Total liabilities	(462)	(197)
Net assets (liabilities)	(433)	(181)
Fair Value, Inputs, Level 3 [Member]
Derivative Instruments and Fair Value [Line Items]
Money market fund investments	0	0
Pension plan assets	0	0
Aluminum derivatives	0	0
Foreign currency exchange derivatives	0	0
Total assets	0	0
Aluminum derivatives	0	0
Foreign currency derivatives	0	0
Business Acquisition, Contingent Consideration, at Fair Value	(250)
Total liabilities	(250)	0
Net assets (liabilities)	(250)	0
Estimate of Fair Value, Fair Value Disclosure [Member]
Derivative Instruments and Fair Value [Line Items]
Money market fund investments	929	67,819
Pension plan assets	23,006	18,562
Aluminum derivatives	0	10
Foreign currency exchange derivatives	29	6
Total assets	23,964	86,397
Aluminum derivatives	338	174
Foreign currency derivatives	(124)	(23)
Business Acquisition, Contingent Consideration, at Fair Value	(250)
Total liabilities	(712)	(197)
Net assets (liabilities)	$ 23,252	$ 86,200

Derivative Instruments and Fair Value Measurement of Assets and Liabilities Derivative Instruments and Fair Value Measurement of Assets and Liabilities Narrative (Details) $ in Millions	Apr. 30, 2013 USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Property, Plant, and Equipment, Fair Value Disclosure	$ 4.7

Other Income (Expense) - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2013	Apr. 30, 2012	Apr. 30, 2013	Apr. 30, 2012
Other Income and Expenses [Abstract]
Foreign currency transaction gains (losses)	$ (331)	$ (12)	$ 331	$ (617)
Foreign currency exchange derivative gains (losses)	326	(95)	(382)	626
Interest income	14	68	34	147
Other	0	0	(65)	22
Other income (expense)	$ 9	$ (39)	$ (82)	$ 178

- Definition

The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses).

+ References + Details