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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Jul. 31, 2015	Sep. 03, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Quanex Building Products Corporation
Trading Symbol	NX
Entity Central Index Key	0001423221
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jul. 31, 2015
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		33,916,727

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 31, 2015	Oct. 31, 2014
Current assets:
Cash and cash equivalents	$ 27,011	$ 120,384
Accounts receivable, net of allowance for doubtful accounts of $789 and $698	62,523	55,193
Inventories, net (Note 3)	72,948	57,358
Deferred income taxes (Note 8)	18,508	21,442
Prepaid and other current assets	8,576	6,052
Total current assets	189,566	260,429
Property, plant and equipment, net of accumulated depreciation of $214,585 and $200,414	140,549	109,487
Deferred income taxes (Note 8)	0	1,545
Goodwill (Note 4)	130,861	70,546
Intangible assets, net (Note 4)	124,502	70,150
Other assets	7,302	4,956
Total assets	592,780	517,113
Current liabilities:
Accounts payable	45,712	41,488
Accrued liabilities	32,250	32,482
Income taxes payable (Note 8)	150	107
Current maturities of long-term debt (Note 5)	9,468	199
Total current liabilities	87,580	74,276
Long-term debt (Note 5)	82,575	586
Deferred Tax Liabilities, Net, Noncurrent	6,605	0
Deferred pension and postretirement benefits (Note 6)	6,621	4,818
Liability for uncertain tax positions (Note 8)	548	4,626
Other liabilities	21,811	11,887
Total liabilities	205,740	96,193
Commitments and contingencies (Note 9)
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 37,609,563 and 37,632,032, respectively; outstanding 33,916,727 and 36,214,332, respectively	376	376
Additional paid-in-capital	250,229	249,600
Retained earnings	213,571	202,319
Accumulated other comprehensive loss	(8,175)	(5,708)
Less: Treasury stock at cost, 3,692,836 and 1,417,700 shares, respectively	(68,961)	(25,667)
Total stockholders’ equity	387,040	420,920
Total liabilities and stockholders' equity	$ 592,780	$ 517,113

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jul. 31, 2015	Oct. 31, 2014
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 789	$ 698
Accumulated depreciation of property, plant and equipment	$ 214,585	$ 200,414
Preferred stock, no par value	$ 0	$ 0
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 (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	37,609,563	37,632,032
Common stock, shares outstanding	33,916,727	36,214,332
Treasury stock, shares	3,692,836	1,417,700

Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Income Statement [Abstract]
Net sales	$ 180,206	$ 169,981	$ 450,069	$ 431,568
Cost and expenses:
Cost of sales (excluding depreciation and amortization)	136,853	130,706	353,469	335,544
Selling, general and administrative	25,023	18,097	64,157	60,992
Depreciation and amortization	8,502	8,512	24,541	25,550
Asset impairment charges	0	0	0	505
Operating income	9,828	12,666	7,902	8,977
Non-operating income (expense):
Interest expense	(338)	(135)	(624)	(419)
Other, net	566	(8)	300	66
Income from continuing operations before income taxes	10,056	12,523	7,578	8,624
Income tax expense	(3,585)	(3,956)	(1,907)	(3,298)
Income from continuing operations	6,471	8,567	5,671	5,326
Income (loss) from discontinued operations, net of tax of $284, ($3), $299 and $11,899, respectively	456	(520)	479	18,952
Net income	$ 6,927	$ 8,047	$ 6,150	$ 24,278
Basic income (loss) per common share:
From continuing operations (in usd per share)	$ 0.20	$ 0.23	$ 0.17	$ 0.14
From discontinued operations (in usd per share)	0.01	(0.01)	0.01	0.51
Loss per share, basic (in usd per share)	0.21	0.22	0.18	0.65
Diluted income (loss) per common share:
From continuing operations (in usd per share)	0.19	0.23	0.17	0.14
From discontinued operations (in usd per share)	0.01	(0.02)	0.01	0.50
Loss per share, diluted (in usd per share)	$ 0.20	$ 0.21	$ 0.18	$ 0.64
Weighted-average common shares outstanding:
Basic (in shares)	33,618	37,296	34,111	37,171
Diluted (in shares)	34,142	37,823	34,626	37,756
Cash dividends per share (in usd per share)	$ 0.04	$ 0.04	$ 0.12	$ 0.12

Condensed Consolidated Statements of Income (Loss) (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Income Statement [Abstract]
Income tax expense (benefit) of discontinued operations	$ 284	$ (3)	$ 299	$ 11,899

- Definition

Amount of tax expense (benefit) related to a discontinued operation. Includes, but is not limited to, tax expense (benefit) related to income (loss) from operations during the phase-out period, tax expense (benefit) related to gain (loss) on disposal, tax expense (benefit) related to gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and tax expense (benefit) related to adjustments of a prior period gain (loss) on disposal.

+ References + Details

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 6,927	$ 8,047	$ 6,150	$ 24,278
Other comprehensive income (loss):
Foreign currency translation adjustments gain (loss) (pretax)	35	(974)	(2,537)	308
Foreign currency translation adjustments tax benefit	0	0	0	14
Change in pension from net unamortized gain adjustment (pretax)	0	0	0	122
Change in pension from net unamortized gain tax benefit	0	0	70	0
Other comprehensive income (loss), net of tax	35	(974)	(2,467)	444
Comprehensive income	$ 6,962	$ 7,073	$ 3,683	$ 24,722

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Operating activities:
Net income (loss)	$ 6,150	$ 24,278
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	24,541	28,590
Stock-based compensation	3,391	2,835
Deferred income tax provision	1,576	11,036
Excess tax benefit from share-based compensation	(60)	(643)
Asset impairment charges	0	1,007
Gain on sale of discontinued operations	0	(39,122)
Gain on involuntary conversion	(1,263)
Other, net	655	1,723
Changes in assets and liabilities, net of effects from acquisitions:
Decrease in accounts receivable	4,328	162
Increase in inventory	(51)	(23,232)
Increase in other current assets	(1,568)	(999)
(Decrease) increase in accounts payable	(5,236)	17,435
Decrease in accrued liabilities	(5,606)	(12,111)
(Decrease) increase in income taxes payable	(817)	1,998
Increase in deferred pension and postretirement benefits	1,873	1,008
Decrease in other long-term liabilities	(162)	(1,719)
Other, net	(202)	(2,492)
Cash provided by operating activities	27,549	9,754
Investing activities:
Net proceeds from sale of discontinued operations	0	107,431
Acquisitions, net of cash acquired	(131,689)	(5,161)
Capital expenditures	(21,918)	(29,026)
Proceeds from property insurance claim	1,263	1,400
Proceeds from disposition of capital assets	207	807
Cash (used for) provided by investing activities	(152,137)	75,451
Financing activities:
Repayments of other long-term debt	(411)	(160)
Common stock dividends paid	(4,158)	(4,491)
Issuance of common stock	4,309	3,219
Excess tax benefit from share-based compensation	60	643
Purchase of treasury stock	(52,719)	0
Other	0	98
Cash provided by (used for) financing activities	31,081	(691)
Effect of exchange rate changes on cash and cash equivalents	134	(18)
(Decrease) increase in cash and cash equivalents	(93,373)	84,496
Cash and cash equivalents at beginning of period	120,384	49,734
Cash and cash equivalents at end of period	27,011	134,230
Borrowings under credit facility	92,000	0
Repayments of credit facility borrowings	$ (8,000)	$ 0

Condensed Consolidated Statement of Stockholders' Equity - 9 months ended Jul. 31, 2015 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance at beginning of period at Oct. 31, 2014	$ 420,920	$ 376	$ 249,600	$ 202,319	$ (5,708)	$ (25,667)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,150			6,150
Foreign currency translation adjustment	(2,537)				(2,537)
Common dividends ($0.12 per share)	(4,158)			(4,158)
Purchase of treasury stock	(50,761)					(50,761)
Stock-based compensation activity:
Expense related to stock-based compensation	3,391		3,391
Stock Issued During Period, Value, Stock Options Exercised	4,309		(246)	(701)		5,256
Tax benefit from share-based compensation	(152)		(152)
Restricted stock awards granted	0		(2,211)			2,211
Recognition of unrecognized tax benefit (Note 8)	10,003			10,003
Other	(125)	0	(153)	(42)	70	0
Balance at end of period at Jul. 31, 2015	$ 387,040	$ 376	$ 250,229	$ 213,571	$ (8,175)	$ (68,961)

Condensed Consolidated Statement of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Statement of Stockholders' Equity [Abstract]
Foreign currency translation adjustment, tax	$ 0	$ 0	$ 0	$ 14
Common stock, dividends per share (in usd per share)	$ 0.04	$ 0.04	$ 0.12	$ 0.12

Nature of Operations and Basis of Presentation

9 Months Ended

Jul. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Operations and Basis of Presentation

Quanex Building Products Corporation manufactures components primarily for the window and door (fenestration) industry, which include (1) energy-efficient flexible insulating glass spacers, (2) extruded vinyl profiles, (3) window and door screens, and (4) precision-formed metal and wood products for original equipment manufacturers (OEMs), as well as certain non-fenestration components and products, which include solar panel sealants, wood flooring, trim moldings, plastic decking, fencing, water retention barriers, hardware, and conservatory roof components. Quanex Building Products Corporation serves a primary customer base in North America and also serves customers in international markets through operating plants in the United Kingdom and Germany, as well as through sales and marketing efforts in other countries.

Unless the context indicates otherwise, references to "Quanex", the "Company", "we", "us" and "our" refer to the consolidated business operations of Quanex Building Products Corporation and its subsidiaries.

The accompanying interim condensed consolidated financial statements include the accounts of Quanex Building Products Corporation. All intercompany accounts and transactions have been eliminated in consolidation. These 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 (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations. The consolidated balance sheet as of October 31, 2014 was derived from audited financial information, but does not include all disclosures required by U.S. 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, 2014. 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.

In preparing financial statements, we make informed judgments and estimates that affect the reported amounts of assets and liabilities as of the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. We review our estimates on an on-going basis, including those related to impairment of long lived assets and goodwill, contingencies and income taxes. Changes in facts and circumstances may result in revised estimates and actual results may differ from these estimates.

Discontinued Operations

Prior to April 1, 2014, we had two reportable business segments: (1) Engineered Products and (2) Aluminum Sheet Products. On April 1, 2014, we sold our interest in a limited liability company which held the assets of the Nichols Aluminum business (Nichols), the sole operating segment included in our Aluminum Sheet Products reportable segment, to Aleris International, Inc.

(Aleris), a privately held Delaware corporation which provides aluminum rolled products and extrusions, aluminum recycling and specification aluminum alloy production. We received net proceeds of $107.4 million, which includes a net working capital adjustment of $2.6 million that we paid in June 2014, resulting in a net gain on the transaction of $24.1 million, net of related taxes of $15.1 million.

Nichols represented a significant portion of our assets and operations. We accounted for this sale as a discontinued operation. We revised our financial statements and removed the results of operations of Nichols from net income (loss) from continuing operations, and presented separately as income (loss) from discontinued operations, net of taxes, for each of the accompanying condensed consolidated statements of income (loss). Unless noted otherwise, the notes to the consolidated financial statements pertain to our continuing operations.

For cash flow statement presentation, the sources and uses of cash for Nichols are presented as operating, investing and financing cash flows, as applicable, combined with such cash flows for continuing operations for the period from November 1, 2013 to April 1, 2014, as permitted by U.S. GAAP.

We have historically purchased rolled aluminum product from Nichols. We expect to continue to purchase aluminum from Nichols in the normal course of business. We considered whether these aluminum purchases and the services provided under a transition services agreement for the period from April 1, 2014 to May 31, 2014 constituted significant continuing involvement with Nichols. Since these purchases were in the normal course of business and the services provided were for a relatively short period and are customary for similar transactions, we determined that this involvement was not deemed significant and did not preclude accounting for the transaction as a discontinued operation. Our purchases of aluminum product from Nichols for the three- and nine-month periods ended July 31, 2015 and 2014 were $2.0 million and $8.2 million, respectively, and $4.5 million and $11.3 million, respectively.

In November 2013, Nichols experienced a fire at its Decatur, Alabama facility, which damaged a cold mill used to roll aluminum sheet to a desired thickness. The loss was insured, subject to a $0.5 million deductible. We capitalized $6.5 million to rebuild the asset, which was returned to service as of March 31, 2014. We incurred costs of $2.3 million associated with this loss, including an impairment of $0.5 million related to retirement of the asset, moving costs, outside service costs, clean-up and the deductible. We received insurance proceeds of $6.1 million, resulting in a recognized gain on involuntary conversion of $3.7 million.

Income from discontinued operations for the nine months ended July 31, 2015 reflects the receipt of insurance proceeds of $1.3 million, less approximately $0.5 million associated with a health insurance claim amount reimbursable to the stop-loss insurance provider.

The following table summarizes the operating results for Nichols, which was sold on April 1, 2014, included in the three- and nine-month periods ended July 31, 2014:



	Three Months Ended			Nine Months Ended
	July 31, 2014
	(In thousands, except per share amounts)
Net sales	$	—		$	142,797
Operating loss	—			(9,182		)
Loss before income taxes and gain on sale	—			(8,271		)
Income tax benefit	—			3,163
(Loss) gain on sale, net of tax of ($3) and $15,062, respectively	(520		)	24,060
Net (loss) income	$	(520	)	$	18,952
Basic (loss) income per common share	$	(0.01	)	$	0.51
Diluted (loss) income per common share	$	(0.02	)	$	0.50

Product Sales

We produce a wide variety of products that are used in the fenestration industry, including: window and door systems design, engineering and fabrication; accessory trim profiles with real wood veneers and wood grain laminate finishes; window spacer systems; extruded vinyl products; metal fabrication; and astragals, thresholds and screens. In addition, we produce certain non-fenestration products, including: flooring and trim moldings, solar edge tape, plastic decking, fencing, water retention barriers, conservatory roof components, and other products. Historically, we have presented product sales information at the reportable segment level, and we attribute our net sales based on the location of the customer. We have five operating segments that are aggregated into one reportable segment, which includes this breadth of product offerings across the fenestration and non-fenestration spectrum, but for which there are common economic and other characteristics that meet the criteria for aggregation. Of the five operating segments, one was acquired on June 15, 2015 (see Note 2, "Acquisitions"). This operating segment is domiciled in the United Kingdom and predominantly services a customer base of smaller window producers in the United Kingdom. We are currently evaluating our reportable segment presentation to ensure that this operating segment meets the criteria for aggregation with the other four operating segments.

ASC Topic 280-10-50, “Segment Reporting” (ASC 280) permits aggregation of operating segments based on factors including, but not limited to: (1) similar nature of products serving the building products industry, primarily the fenestration business; (2) similar production processes, although there are some differences in the amount of automation amongst operating plants; (3) similar types or classes of customers, namely the primary original equipment manufacturers (OEMs) in the window and door industry; (4) similar distribution methods for product delivery, although the extent of the use of third-party distributors will vary amongst the businesses; (5) similar regulatory environment; and (6) converging long-term economic similarities.

The following table summarizes our product sales for the three- and nine-month periods ended July 31, 2015 and 2014 into general groupings to provide additional information to our shareholders.



	Three Months Ended				Nine Months Ended
	July 31,				July 31,
	2015		2014		2015		2014
Product Group:	(In thousands)
United States - fenestration	$	129,245	$	130,531	$	332,163	$	326,455
International - fenestration	35,770		26,539		73,759		69,921
United States - non-fenestration	9,977		9,334		30,985		25,705
International - non-fenestration	5,214		3,577		13,162		9,487
Net sales	$	180,206	$	169,981	$	450,069	$	431,568

Acquisitions

9 Months Ended

Jul. 31, 2015

Business Combinations [Abstract]

Acquisitions

HLP

On June 15, 2015, we acquired the outstanding ownership shares of Flamstead Holdings Limited, an extruder of vinyl linear products and manufacturer of other plastic products incorporated and registered in England and Wales, for $131.7 million in cash, net of cash acquired, debt assumed of $7.7 million and contingent consideration of $10.3 million, resulting in preliminary goodwill on the transaction of approximately $61.9 million. Following a pre-sale reorganization and purchase, Flamstead Holdings Limited owned 100% of the ownership shares of the following subsidiaries: HL Plastics Limited, Vintage Windows Limited, Wegoma Machinery Sales Limited, and Liniar Limited (collectively referred to as “HLP”), and each registered in England and Wales. The agreement contains an earn-out provision which is calculated as a percentage of earnings before interest, tax and depreciation and amortization for a specified period, as defined in the purchase agreement. Pursuant to this earn-out provision, the former owner can select a base year upon which to calculate the earn-out (one of the next three succeeding twelve-month periods ended July 31). For purposes of the preliminary purchase price allocation, the earn-out has been calculated using a probability weighting and has been adjusted for the time-value of money, with greater weight given to the third (and final) twelve-month period (when the earnings before interest tax depreciation and amortization is expected to be greatest).

We believe the acquisition of HLP: (1) expands our international presence in the global fenestration business, particularly in the United Kingdom housing market; (2) expands our vinyl extrusion product offerings, including house systems, supplemented with the brand recognition related to Liniar; (3) provides synergies and an opportunity to sell complementary products, while adding new product offerings such as water retention barriers and conservatory roofing products; and (4) aligns well with our strategy to be the preferred supplier of quality products to our customers, while maintaining safe, efficient manufacturing facilities.

The preliminary purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below. Although we believe our estimates of the fair value of the assets and liabilities acquired are accurate, these estimates are subject to change and may result in an increase or decrease in goodwill, particularly with regard to third-party valuations, during the measurement period. This measurement period may extend up to one year from the acquisition date. Changes in the contingent consideration due to the passage of time and potential differences between projected and actual operating results for HLP for the earn-out period will be recorded as period costs as incurred.



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	12,104
Inventory	15,885
Prepaid and other assets	722
Property, plant and equipment	27,707
Goodwill	61,899
Intangible assets	61,100
Other non-current assets	1,680
Accounts payable	(9,375		)
Income taxes payable	(948		)
Accrued expenses	(6,616		)
Deferred tax liabilities	(14,477		)
Net assets acquired	$	149,681
Consideration:
Cash, net of cash and cash equivalents acquired	$	131,689
Debt assumed in acquisition (capital leases)	7,673
Contingent consideration (earn-out)	10,319
	$	149,681

We used recognized valuation techniques to determine the fair value of the assets and liabilities, including the income approach for customer relationships and trade names, and the cost approach to value patents, with a discount rate that reflects the risk of the expected future cash flows. The goodwill balance is not deductible for tax purposes.

Greenville

On December 31, 2013, we acquired certain vinyl extrusion assets of Atrium Windows and Doors, Inc. (Atrium) at a facility in Greenville, Texas, for $5.2 million in cash (Greenville). We accounted for this transaction as a business combination resulting in an insignificant gain on the purchase. We entered into a supply agreement with Atrium related to the products produced at Greenville. We believe this acquisition expanded our vinyl extrusion capacity and positioned us with a platform from which to better serve our customers in the southern United States.

The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below.



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Inventories	$	161
Prepaid and other current assets	145
Property, plant and equipment	4,695
Intangible assets	290
Deferred income tax liability	(50		)
Net assets acquired	$	5,241
Consideration:
Cash, net of cash and cash equivalents acquired	$	5,161

Gain recognized on bargain purchase	$	80

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 gain on bargain purchase of approximately $0.1 million is included in "Other, net" on our condensed consolidated statement of income (loss) for the nine months ended July 31, 2014.

Pro Forma Results

We calculated the pro forma impact of the acquisition of HLP on our operating results for the three and nine months ended July 31, 2015. The following pro forma results give effect to this acquisition, assuming this transaction occurred on November 1 of the respective period.



	Pro Forma Results
	For the Three Months Ended				For the Nine Months Ended
	July 31, 2015		July 31, 2014		July 31, 2015		July 31, 2014
	(In thousands)
Net sales	$	191,910	$	194,008	$	509,002	$	503,648
Income from continuing operations	$	7,680	$	10,999	$	11,724	$	12,621
Net income	$	8,136	$	10,479	$	12,203	$	31,573
Basic earnings per share	$	0.23	$	0.33	$	0.35	$	0.38
Diluted earnings per share	$	0.23	$	0.33	$	0.35	$	0.38

We derived the pro forma results of the acquisition of HLP based upon historical financial information obtained from the sellers and certain management assumptions. Our pro forma adjustments relate to incremental amortization associated with intangible assets and interest expense associated with borrowings to effect the transaction, assuming a November 1, 2014 effective date. In addition, we calculated the tax impact of these adjustments at a 20% statutory rate in the United Kingdom, as applicable, and a 35% statutory rate in the United States with regard to interest on pro forma borrowings.

These pro forma results do not purport to be indicative of the results that would have been obtained had the acquisition of HLP been completed on November 1 of the respective period, or that they may be obtained in the future.

Pro forma results of operations were omitted for the Greenville acquisition because this acquisition was not deemed to be material to our results of operations for the three or nine months ended July 31, 2014.

- 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=56956515&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=56956515&loc=d3e1490-128463

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56956515&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=35744584&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=56956515&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-Section 50
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-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

Inventories

9 Months Ended

Jul. 31, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following at July 31, 2015 and October 31, 2014:



	July 31, 2015		October 31, 2014
	(In thousands)
Raw materials	$	41,945	$	36,751
Finished goods and work in process	37,342		25,558
Supplies and other	1,094		806
Total	80,381		63,115
Less: Inventory reserves	7,433		5,757
Inventories, net	$	72,948	$	57,358

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.

Our inventories at July 31, 2015 and October 31, 2014 were valued using the following costing methods:



	July 31, 2015		October 31, 2014
	(In thousands)
LIFO	$	5,211	$	5,122
FIFO	67,737		52,236
Total	$	72,948	$	57,358

During interim periods, 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 may record a proportionate share of this amount during the period. 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 periods. Because the interim projections are subject to many factors beyond our control, the results could differ significantly from the year-end LIFO calculation. We recorded no interim LIFO reserve adjustment for the three- and nine-month periods ended July 31, 2015 and 2014.

For inventories valued under the LIFO method, replacement cost exceeded the LIFO value by approximately $1.4 million at July 31, 2015 and October 31, 2014.

Goodwill and Intangible Assets

9 Months Ended

Jul. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Goodwill

The change in the carrying amount of goodwill for the nine months ended July 31, 2015 was as follows:



	Nine Months Ended
	July 31, 2015
	(In thousands)
Beginning balance as of November 1, 2014	70,546
HLP acquisition	61,899
Foreign currency translation adjustment	(1,584		)
Balance as of the end of the period	$	130,861

During the fourth quarter of 2014, we evaluated our goodwill balances for indicators of impairment and performed our annual goodwill impairment test to determine the recoverability of these assets. Three of our reporting units had goodwill at October 31, 2014 which totaled $55.2 million, $12.6 million and $2.8 million. We determined that our goodwill was not impaired and there have been no triggering events to indicate impairment during the nine months ended July 31, 2015, so no additional testing was deemed necessary.

Identifiable Intangible Assets

Amortizable intangible assets consisted of the following as of July 31, 2015 and October 31, 2014:



	July 31, 2015				October 31, 2014
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Customer relationships	$	99,164	$	22,918	$	53,083	$	19,700
Trademarks and trade names	59,034		22,463		44,722		20,343
Patents and other technology	25,887		14,690		25,244		13,228
Other	1,718		1,230		1,392		1,020
Total	$	185,803	$	61,301	$	124,441	$	54,291

We do not estimate a residual value associated with these intangible assets. Included in net intangible assets as of July 31, 2015 were customer relationships of $45.9 million, trade names of $14.2 million, and patents and other of $1.0 million related to the HLP acquisition, with original estimated useful lives of 20 years, 15 years, and approximately 13 years, respectively. These intangible assets will be amortized on a straight-line basis. While we believe the third-party valuations related to the HLP acquisition to be accurate, the purchase price allocation is preliminary, and therefore may be subject to change during the associated 12-month measurement period. See Note 2, "Acquisitions", included herewith.

For the three- and nine-month periods ended July 31, 2015 and 2014, we had aggregate amortization expense of $2.2 million and $6.7 million, respectively, and $2.3 million and $6.9 million, respectively.

Estimated remaining amortization expense, assuming current intangible balances and no new acquisitions, for each of the fiscal years ending October 31, is as follows (in thousands):



	Estimated Amortization Expense
2015 (remaining three months)	$	3,044
2016	11,990
2017	11,897
2018	11,650
2019	10,861
Thereafter	75,060
Total	$	124,502

- 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

Debt and Capital Lease Obligations

9 Months Ended

Jul. 31, 2015

Debt Disclosure [Abstract]

Debt and Capital Lease Obligations

Debt consisted of the following at July 31, 2015 and October 31, 2014:



	July 31, 2015		October 31, 2014
	(In thousands)
Revolving Credit Facility	$	84,000	$	—
City of Richmond, Kentucky Industrial Building Revenue Bonds	500		600
Capital lease obligations	7,543		185
Total debt	92,043		785
Less: Current maturities of long-term debt	9,468		199
Long-term debt	$	82,575	$	586

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 $150.0 million, with a letter of credit sub-facility, a swing line sub-facility and a multi-currency sub-facility. Borrowings denominated in United States dollars bear interest at a spread above the London Interbank Borrowing Rate (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 $100.0 million, with total commitments not to exceed $250.0 million.

The Credit Facility requires us to comply with certain financial covenants, the terms of which are defined therein. Specifically, we must not permit, on a quarterly basis, our ratio of consolidated EBITDA to consolidated interest expense as defined (Minimum Interest Coverage Ratio), to fall below 3.00:1 or our ratio of consolidated funded debt to consolidated EBITDA, as defined (Maximum Consolidated Leverage Ratio), to exceed 3.25:1. The Maximum Consolidated Leverage Ratio is the ratio of consolidated EBITDA to consolidated interest expense, in each case for the previous four consecutive fiscal quarters. EBITDA is defined by the indenture to include pro forma EBITDA of acquisitions and to exclude certain items such as goodwill and intangible asset impairments and certain other non-cash charges and non-recurring items. Subject to our compliance with the covenant requirements, the amount available under the Credit Facility is a function of: (1) our trailing twelve-month EBITDA; (2) the Minimum Interest Coverage Ratio and Maximum Consolidated Leverage Ratio allowed under the Credit Facility; and (3) the aggregate amount of our outstanding debt and letters of credit. As of July 31, 2015, we were in compliance with the financial covenants set forth in the Credit Facility.

Effective June 15, 2015, in conjunction with the acquisition of HLP, we borrowed $92.0 million, at a weighted average borrowing rate of 1.19%, under the Credit Facility and subsequently repaid $8.0 million prior to July 31, 2015. As of July 31, 2015, we had outstanding revolver borrowings of $84.0 million, outstanding letters of credit of $5.9 million, and the remaining amount available to us for use under the Credit Facility was $52.0 million. Our current borrowing rates under the Credit Facility were 3.25% and 1.19% for the swing-line sub facility and the revolver, respectively, at July 31, 2015. As of October 31, 2014, the amount available to us for use under the Credit Facility was $140.7 million and we had outstanding letters of credit of $6.1 million. Our borrowing rates under the Credit Facility were 3.25% and 1.20% for the swing-line sub facility and the revolver, respectively, at October 31, 2014.

We maintain certain capital lease obligations related to equipment purchases. In conjunction with the acquisition of HLP, we assumed additional capital lease obligations of approximately $7.7 million. These capital lease obligations relate to equipment purchases and accrue interest at an average rate of 6%, and extend through the year 2020. As of July 31, 2015, our obligations under the HLP capital leases total $7.4 million, of which $2.3 million is classified as the current portion of long-term debt and $5.1 million is classified as long-term debt on the accompanying unaudited condensed consolidated balance sheet.

Retirement Plans

9 Months Ended

Jul. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Retirement Plans

Pension Plan

Our non-contributory, single employer defined benefit pension plan covers a majority of our employees in the United States. Employees of acquired companies may be covered after a transitional period. The net periodic pension cost for this plan for the three- and nine-month periods ended July 31, 2015 and 2014 was as follows:



	Three Months Ended						Nine Months Ended
	July 31,						July 31,
	2015			2014			2015			2014
	(In thousands)
Service cost	$	802		$	828		$	2,486		$	2,485
Interest cost	257			266			768			797
Expected return on plan assets	(443		)	(431		)	(1,347		)	(1,292		)
Amortization of net loss	40			—			118			—
Net periodic benefit cost	$	656		$	663		$	2,025		$	1,990

During 2014, we contributed approximately $4.1 million to fund our plan, and we expect to make a contribution to our plan in September 2015 of approximately $2.8 million.

Other Plans

We also have a supplemental benefit plan covering certain executive officers and a non-qualified deferred compensation plan covering members of the Board of Directors and certain key employees. As of July 31, 2015 and October 31, 2014, our liability under the supplemental benefit plan was approximately $1.8 million and $1.9 million, respectively, and under the deferred compensation plan was approximately $3.4 million for both periods. In January 2014, we paid $3.3 million related to the deferred compensation plan as a result of the separation of our former chief executive officer in July 2013. We record the current portion of liabilities under these plans under the caption "Accrued Liabilities," and the long-term portion under the caption "Other Liabilities" in the accompanying balance sheets.

Warranty Obligations

9 Months Ended

Jul. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Warranty Obligations

We accrue warranty obligations as we recognize revenue associated with certain products. We make provisions for our warranty obligations based upon historical experience of costs incurred for such obligations adjusted, as necessary, for current conditions and factors. During January 2014, we reduced our warranty accrual by $2.8 million for certain products associated with our insulating glass business that were discontinued in a prior year and for which claim activity for a particular customer had ceased. There are significant uncertainties and judgments involved in estimating our warranty obligations, including changing product designs, differences in customer installation processes and future claims experience which may vary from historical claims experience. Therefore, the ultimate amount we incur as warranty costs in the near and long-term may not be consistent with our current estimate.

A reconciliation of the activity related to our accrued warranty, including both the current and long-term portions (reported in accrued liabilities and other liabilities, respectively, on the accompanying condensed consolidated balance sheet) follows:



	Nine Months Ended
	July 31, 2015
	(In thousands)
Beginning balance as of November 1, 2014	$	671
Provision for warranty expense	189
Change in accrual for preexisting warranties	317
Warranty costs paid	(524		)
Total accrued warranty as of the end of the period	$	653
Less: Current portion of accrued warranty	358
Long-term portion of accrued warranty	$	295

During the nine months ended July 31, 2015, a specific claim reserve related to our vinyl extrusion products stemming from a change in formulation, which was recorded during the year ended 2014, was paid.

Income Taxes	9 Months Ended
Income Taxes	Jul. 31, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes To determine our income tax expense for interim periods, consistent with accounting standards, we apply the estimated annual effective income tax rate to year-to-date results. Our estimated annual effective tax rates from continuing operations for the nine months ended July 31, 2015 and 2014 were 25.2% and 38.2%, respectively. The decrease in the 2015 effective tax rate is attributable to a discrete benefit item resulting from the reassessment of our uncertain tax position related to the 2008 spin-off of Quanex from a predecessor company in January 2015. Excluding this item, the effective tax rate was 35.7%. The 2014 effective rate was impacted by a change in the tax status of our facility in the United Kingdom (UK). On November 1, 2013, the assets of our UK branch were contributed to a newly formed wholly-owned UK subsidiary. This change resulted in a taxable charge that was booked as a discrete item in the first quarter of 2014. Excluding this discrete item, the 2014 effective tax rate was 30.7%. The acquisition of Flamstead Holdings, Ltd in June 2015 established a noncurrent deferred tax liability of $13.2 million reflecting the book to tax basis difference in intangibles, fixed assets and inventory at the current UK tax rate of 20%. As of July 31, 2015, our unrecognized tax benefit (UTB) relates to certain state tax items regarding the interpretation of tax laws and regulations. The total UTB at October 31, 2014 included the UTB associated with the 2008 spin-off and totaled $11.4 million. Of this amount, $4.6 million was recorded as a liability for uncertain tax positions and $6.8 million was recorded as deferred income taxes (non-current assets) on the accompanying condensed consolidated balance sheet. In January 2015, we reassessed our unrecognized tax benefit related to the 2008 spin-off of Quanex from a predecessor company and recognized the full benefit of the tax positions taken. This reduced the liability for uncertain tax positions by $4.0 million and increased deferred income taxes (non-current assets) by $6.8 million and resulted in a non-cash increase in retained earnings of $10.0 million, with an increase in income tax benefit of $0.8 million. At July 31, 2015, $0.5 million is recorded as a liability for uncertain tax positions. The disallowance of the UTB would not materially affect the annual effective tax rate. We evaluate the likelihood of realization of our deferred tax assets by considering both positive and negative evidence. We believe there is no need for a valuation allowance of the federal net operating losses. We will continue to evaluate our position throughout the year. We maintain a valuation allowance for certain state net operating losses which totaled $1.2 million at July 31, 2015. Judgment is required in assessing the future tax consequences of events that have been recognized in our financial statements or 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 effect of these matters occurring in various jurisdictions. We do not believe any of the UTB at July 31, 2015 will be recognized within the next twelve months. Our federal income tax returns for the tax years ended October 31, 2011 and 2012 were examined by the Internal Revenue Service and no adjustments were made.

Contingencies	9 Months Ended
Contingencies	Jul. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Environmental We are subject to extensive laws and regulations concerning the discharge of materials into the environment and the remediation of chemical contamination. We accrue our best estimates of our remediation obligations and adjust these accruals when further information becomes available or circumstances change. We are currently not subject to any remediation activities. Prior to April 1, 2014, we had remediation activities associated with one of our subsidiaries, Nichols Aluminum-Alabama, LLC, a component business unit of Nichols. As discussed in Note 1, "Nature of Operations and Basis of Presentation - Discontinued Operations", on April 1, 2014, we sold Nichols and the liabilities associated with this on-going remediation effort were assumed by Aleris International, Inc. Spacer Migration We were notified by certain customers through our German operation that the vapor barrier employed on certain spacer products manufactured prior to March 2014 may permit spacer migration in certain extreme circumstances. This product does not have a specific customer warranty, but we have received claims from customers related to this issue, which we continue to investigate. We incurred expense of $1.8 million during 2014 associated with this issue, including an accrual of $1.2 million at October 31, 2014 for any asserted claim that we deem to be reasonably possible and estimable. The balance of this accrual at July 31, 2015 was $1.0 million, reflecting net claim payments of $0.5 million, additional claims received of approximately $0.4 million, and a translation adjustment of approximately $0.1 million. We cannot estimate any future liability with regard to unasserted claims. However, we have received new claims during 2015 which we continue to investigate. We evaluate this reserve at each balance sheet date. We will investigate any future claims, but we are not obligated to honor any future claims. Affordable Care Act We are subject to the employer-shared responsibility requirements (more commonly referred to as the employer mandate) of the Affordable Care Act (ACA). The employer mandate requires us to offer health care insurance that meets minimum value and affordability requirements to our full-time employees and certain potential common law employees within a specified coverage threshold. Effective January 1, 2015, and for the calendar year ended December 31, 2015, we may be subject to a penalty in the form of an excise tax under the ACA if we do not meet these requirements. Furthermore, we must comply with the annual disclosure and reporting requirements. We are evaluating these requirements and implementing mechanisms to achieve compliance. Litigation 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.

Derivative Instruments

9 Months Ended

Jul. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

Our derivative activities are subject to the management, direction, and control of the Chief Financial Officer and Chief Executive Officer. 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. We have historically used foreign currency forwards and options to mitigate or eliminate certain of those risks at our subsidiaries. We use foreign currency contracts to offset fluctuations in the value of accounts receivable and accounts payable balances that are denominated in currencies other than the United States dollar, including the Euro, British Pound and Canadian Dollar. Currently, we do not enter 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 in accordance with the provisions under the Accounting Standards Codification topic 815 "Derivatives and Hedging" (ASC 815). Therefore, changes in the fair value of these contracts and the realized gains and losses are recorded in the condensed consolidated statements of income (loss) for the three- and nine-month periods ended July 31, 2015 and 2014 as follows (in thousands):



		Three Months Ended				Nine Months Ended
		July 31,				July 31,
Location of Gain:		2015		2014		2015		2014
Other, net	Foreign currency derivatives	$	151	$	198	$	764	$	104

We have chosen not to offset any of our derivative instruments in accordance with the provisions of ASC 815. Therefore, the assets and liabilities are presented on a gross basis on our accompanying condensed consolidated balance sheets.

The fair values of our outstanding derivative contracts as of July 31, 2015 and October 31, 2014 were as follows (in thousands):



	July 31, 2015			October 31, 2014
Prepaid and other current assets:
Foreign currency derivatives	$	70		$	69
Accrued liabilities:
Foreign currency derivatives	$	(5	)	$	—

The following table summarizes the notional amounts and fair value of outstanding derivative contracts at July 31, 2015 and October 31, 2014 (in thousands):



		Notional as indicated			Fair Value in $
		July 31, 2015	October 31, 2014		July 31, 2015			October 31, 2014
Foreign currency derivatives:
Sell EUR, buy USD	EUR	8,140	$	4,907	$	69		$	68
Sell CAD, buy USD	CAD	386	331		(1		)	1
Sell GBP, buy EUR	GBP	215	—		(4		)	—
Sell GBP, buy USD	GBP	155	—		1			—
Buy EUR, sell GBP	EUR	24	—		—			—
Buy USD, sell EUR	USD	11	—		—			—
Buy GBP, sell EUR	GBP	2	—		—			—

For the classification in the fair value hierarchy, see Note 11, "Fair Value Measurement of Assets and Liabilities", included herewith.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

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-Section 50
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-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624181-113959

Reference 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 25
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6886632&loc=d3e76258-113986

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41638-113959

Reference 19: 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.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Fair Value Measurement of Assets and Liabilities

9 Months Ended

Jul. 31, 2015

Fair Value Disclosures [Abstract]

Fair Value Measurement of Assets and Liabilities

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 Level 1 and the lowest priority to 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.

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



	July 31, 2015								October 31, 2014
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Short-term investments	$	—	$	—	$	—	$	—	$	69,975	$	—	$	—	$	69,975
Foreign currency derivatives	—		70		—		70		—		69		—		69
Total assets	$	—	$	70	$	—	$	70	$	69,975	$	69	$	—	$	70,044

Liabilities
Foreign currency derivatives	$	—	$	5	$	—	$	5	$	—	$	—	$	—	$	—
Total liabilities	$	—	$	5	$	—	$	5	$	—	$	—	$	—	$	—

We held short-term investments (with an original maturity of three months or less) in commercial paper at October 31, 2014. We have included these investments as cash and cash equivalents in the accompanying condensed consolidated balance sheets. These investments were 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. We liquidated our short-term investments as of June 2015 and used the proceeds, along with borrowings under our revolving credit facility, to acquire HLP (see Note 2, "Acquisitions").

We had approximately $2.4 million of certain property, plant and equipment that was recorded at fair value on a non-recurring basis and classified as Level 3 as of July 31, 2015 and October 31, 2014. The fair value was based on broker opinions.

Carrying amounts reported on the balance sheet for cash, cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturity of these instruments. Our outstanding debt is variable rate debt that re-prices frequently, thereby limiting our exposure to significant change in interest rate risk. As a result, the fair value of our debt instruments approximates carrying value at July 31, 2015 and October 31, 2014 (Level 3 measurement).

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Stock-Based Compensation

9 Months Ended

Jul. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-Based Compensation

We have established and maintain an Omnibus Incentive Plan (2008 Plan) that provides for the granting of restricted stock awards, stock options, restricted stock units, performance share awards and other stock-based and cash-based awards. The 2008 Plan is administered by the Compensation and Management Development Committee of the Board of Directors.

The aggregate number of shares of common stock originally authorized for grant under the 2008 Plan was 2,900,000. In February 2011 and February 2014, shareholders approved an increase of the aggregate shares available for grant by 2,400,000 shares and 2,350,000 shares, respectively. Any officer, key employee and/or non-employee director is eligible for awards under the 2008 Plan. Historically, our practice has been to grant stock options and restricted stock units to non-employee directors on the last business day of each fiscal year, with an additional grant of options to each director on the date of his or her first anniversary of service. In May 2015, the Nominating & Corporate Governance Committee of our Board of Directors changed the annual grant to our directors to a grant of restricted stock units on the first day of the new fiscal year, November 1, eliminating the grant of stock options to the directors. Once approved by the Compensation & Management Development Committee of our Board of Directors in December, we grant stock options, restricted stock awards, restricted stock units and/or performance shares to officers, management and key employees. Occasionally, we may make additional grants to key employees at other times during the year.

Restricted Stock Awards

Restricted stock awards are granted to key employees and officers annually, and typically cliff vest over a three-year period with service and continued employment as the only vesting criteria. The recipient of the restricted stock awards is entitled to all of the rights of a shareholder, except that the awards are nontransferable during the vesting period. The fair value of the restricted stock award is established on the grant date and then expensed over the vesting period resulting in an increase in additional paid-in-capital. Shares are generally issued from treasury stock at the time of grant.

A summary of non-vested restricted stock awards activity during the nine months ended July 31, 2015 is presented below:



	Restricted Stock Awards		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2014	220,800		$	17.42
Granted	118,800		11.74
Cancelled	(12,600	)	19.57
Vested	(33,500	)	15.08
Non-vested at July 31, 2015	293,500		$	15.29

The total weighted average grant-date fair value of restricted stock awards that vested during each of the nine-month periods ended July 31, 2015 and 2014 was $0.5 million, respectively. As of July 31, 2015, total unrecognized compensation cost related to unamortized restricted stock awards was $1.8 million. We expect to recognize this expense over the remaining weighted average vesting period of 1.3 years.

Stock Options

Historically, stock options have been awarded to key employees, officers and non-employee directors. Director stock options vest immediately while employee and officer stock options typically vest ratably over a three-year period with service and continued employment as the vesting conditions. Our stock options may be exercised up to a maximum of ten years from the date of grant. The fair value of the stock options is determined on the grant date and expensed over the vesting period resulting in an increase in additional paid-in-capital.

We use a Black-Scholes pricing model to estimate the fair value of stock options. A description of the methodology for the valuation assumptions was disclosed in our Annual Report on Form 10-K for the fiscal year ended October 31, 2014.

The following table provides a summary of assumptions used to estimate the fair value of our stock options issued during the nine-month periods ended July 31, 2015 and 2014.



	Nine Months Ended
	July 31,
	2015	2014
Weighted-average expected volatility	47.7%	55.7%
Weighted-average expected term (in years)	5.6	5.8
Risk-free interest rate	1.6%	1.8%
Expected dividend yield over expected term	1.0%	1.0%
Weighted average grant date fair value	$8.40	$8.51

The following table summarizes our stock option activity for the nine months ended July 31, 2015:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2014	2,588,389		$	16.21
Granted	123,900		20.28
Exercised	(281,967	)	15.28
Forfeited/Expired	(19,168	)	19.71
Outstanding at July 31, 2015	2,411,154		$	16.50	5.5	$	9,002
Vested or expected to vest at July 31, 2015	2,388,996		$	16.47	5.5	$	8,985
Exercisable at July 31, 2015	2,028,349		$	15.98	5.0	$	8,558

Intrinsic value is the amount by which the market price of the common stock on the date of exercise exceeds the exercise price of the stock option. The total intrinsic value of stock options exercised during the nine months ended July 31, 2015 and 2014 was $1.2 million and $2.7 million, respectively. The weighted-average grant date fair value of stock options that vested during the nine months ended July 31, 2015 and 2014 was $2.8 million and $3.5 million, respectively. As of July 31, 2015, total unrecognized compensation cost related to stock options was $1.8 million. We expect to recognize this expense over the remaining weighted average vesting period of 1.2 years.

Restricted Stock Units

Restricted stock units may be awarded to key employees and officers from time to time, and annually to non-employee directors. The director restricted stock units vest immediately but are payable only upon the director's cessation of service, whereas restricted stock units awarded to employees and officers typically cliff vest after a three-year period with service and continued employment as the vesting conditions. Restricted stock units are not considered outstanding shares and do not have voting rights, although the holder does receive a cash payment equivalent to the dividend paid, on a one-for-one basis, on our outstanding common shares. Once the criteria is met, each restricted stock unit 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 restricted stock units on our balance sheet and recognize any changes in the market value during each reporting period as compensation expense.

The following table summarizes non-vested restricted stock unit activity during the nine months ended July 31, 2015:



	Restricted Stock Units		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2014	83,500		$	15.08
Vested	(83,500	)	15.08
Non-vested at July 31, 2015	—		$	—

During the nine-month periods ended July 31, 2015 and 2014, we paid $1.7 million and $0.5 million, respectively, to settle certain restricted stock units.

Performance Share Awards

Historically, we have granted performance units to key employees and officers annually. These awards cliff vest after a three-year period with service and performance measures such as relative total shareholder return and earnings per share growth as vesting conditions. These awards were treated as a liability and marked to market based upon our assessment of the achievement of the performance measures, with the assistance of third-party compensation consultants.

For the annual grants which occurred in December 2014 and 2013, we granted performance shares rather than performance units. These performance share awards have the same performance measures (relative total shareholder return and earnings per share growth). However, the number of shares earned is variable depending on the metrics achieved, and the settlement method is 50% in cash and 50% in our common stock.

To account for these awards, we have bifurcated the portion subject to a market condition (relative total shareholder return) and the portion subject to an internal performance measure (earnings per share growth). We have further bifurcated these awards based on the settlement method, as the portion expected to settle in stock (equity component) and the portion expected to settle in cash (liability component).

To value the shares subject to the market condition, we utilized a Monte Carlo simulation model to arrive at a grant-date fair value. This amount will be expensed over the three-year term of the award with a credit to additional paid-in-capital. To value the shares subject to the internal performance measure, we used the value of our common stock on the date of grant as the grant-date fair value per share. This amount is being expensed over the three-year term of the award, with a credit to additional paid-in-capital, and could fluctuate depending on the number of shares ultimately expected to vest based on our assessment of the probability that the performance conditions will be achieved. For both performance conditions, the portion of the award expected to settle in cash is recorded as a liability and is being marked to market over the three-year term of the award, and can fluctuate depending on the number of shares ultimately expected to vest.

In conjunction with the annual grants in December 2014 and 2013, we awarded 137,400 and 155,800 performance shares, respectively, of which 0% to 200% of these shares may ultimately vest, depending on the achievement of the performance conditions. During 2015, 9,200 of the performance shares issued in December 2013 and 8,200 of the performance shares issued in December 2014 were forfeited. During 2014, 7,000 of the performance shares issued in December 2013 were forfeited. For the three- and nine-month periods ended July 31, 2015 and 2014, we have recorded $0.4 million and $1.2 million, respectively, and $0.2 million $1.0 million, respectively, of compensation expense related to these performance share awards.

Performance share awards are not considered outstanding shares and do not have voting rights, although dividends are accrued over the performance period and will be payable in cash based upon the number of performance shares ultimately earned.

The performance shares are excluded from the diluted weighted-average shares used to calculate earnings per share until the performance criteria is probable to result in the issuance of contingent shares.

Treasury Shares

On September 5, 2014, our Board of Directors cancelled our existing stock repurchase program and approved a new stock repurchase program authorizing us to use up to $75.0 million to repurchase shares of our common stock. For the period from September 5, 2014 through October 31, 2014, we purchased 1,316,326 shares at a cost of $24.2 million under the new program. During the nine months ended July 31, 2015, we purchased an additional 2,675,903 shares at a cost of $50.8 million. From inception of the program, we purchased 3,992,229 shares at a cost of $75.0 million.

We record treasury stock purchases under the cost method whereby the entire cost of the acquired stock is recorded as treasury stock. Shares are generally issued from treasury stock at the time of grant of restricted stock awards, and upon the exercise of stock options and upon the issuance of performance shares. On the subsequent issuance of treasury shares, we record proceeds in excess of cost as an increase in additional paid in capital. A deficiency of such proceeds relative to costs would be applied to reduce paid-in-capital associated with prior issuances to the extent available, with the remainder recorded as a charge to retained earnings. We recorded a charge to retained earnings of $0.7 million in the nine months ended July 31, 2015.

The following table summarizes the treasury stock activity during the nine months ended July 31, 2015:



	Nine Months Ended
	July 31, 2015
Beginning balance as of November 1, 2014	1,417,700
Restricted stock awards granted	(118,800	)
Stock options exercised	(281,967	)
Shares purchased	2,675,903
Balance at end of period	3,692,836

Other Income (Expense)

9 Months Ended

Jul. 31, 2015

Other Income and Expenses [Abstract]

Other Income (Expense)

Other income (expense) included under the caption "Other, net" on the accompanying condensed consolidated statements of income (loss), consisted of the following for the three- and nine-month periods ended July 31, 2015 and 2014:



	Three Months Ended					Nine Months Ended
	July 31,					July 31,
	2015		2014			2015			2014
	(In thousands)
Foreign currency transaction gains (losses)	$	341	$	(262	)	$	(581	)	$	(196	)
Foreign currency derivative gains	151		198			764			104
Interest income	16		54			55			76
Other	58		2			62			82
Other income (expense)	$	566	$	(8	)	$	300		$	66

Earnings Per Share

9 Months Ended

Jul. 31, 2015

Earnings Per Share [Abstract]

Earnings Per Share

We compute basic earnings per share by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common shares include the weighted average of additional shares associated with the incremental effect of dilutive employee stock options, non-vested restricted stock as determined using the treasury stock method prescribed by U.S. GAAP and contingent shares associated with performance share awards, if dilutive.

Basic and diluted earnings per share from continuing operations for the three- and nine-month periods ended July 31, 2015 and 2014 were calculated as follows (in thousands, except per share data):



	Three Months Ended July 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	6,471	33,618	$	0.20
Effect of dilutive securities:
Stock options	—		378
Restricted stock awards	—		146
Diluted earnings per common share	$	6,471	34,142	$	0.19



	Three Months Ended July 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	8,567	37,296	$	0.23
Effect of dilutive securities:
Stock options	—		409
Restricted stock awards	—		118
Diluted earnings per common share	$	8,567	37,823	$	0.23



	Nine Months Ended July 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	5,671	34,111	$	0.17
Effect of dilutive securities:
Stock options	—		389
Restricted stock awards	—		126
Diluted earnings per common share	$	5,671	34,626	0.17



	Nine Months Ended July 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	5,326	37,171	$	0.14
Effect of dilutive securities:
Stock options	—		482
Restricted stock awards	—		103
Diluted earnings per common share	$	5,326	37,756	$	0.14

For the three- and nine-month periods ended July 31, 2015 and 2014, there were no potentially dilutive contingent shares related to performance share awards as the issuance of these shares was not yet deemed probable.

For each of the three- and nine-month periods ended July 31, 2015, we had 720,271 and 895,771 securities, respectively, and for the three- and nine-month periods ended July 31, 2014, we had 970,976 and 940,336 securities, respectively, that were 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.

New Accounting Pronouncements	9 Months Ended
New Accounting Pronouncements	Jul. 31, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements	New Accounting Pronouncements In August 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-15, Interest-Imputation of Interest (Topic 835-30): Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements. This ASU further clarifies the paragraphs within ASU 2015-03 (as discussed below) which describe the measurement of debt issuance costs related to line-of-credit arrangements. We expect to adopt this guidance during fiscal 2017, and we are currently evaluating the impact on our consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date. This amendment defers the effective date of ASU No. 2014-09 (as discussed below) by one year, as well as provides the option for early adoption in annual reporting periods beginning after December 15, 2016. We anticipate adopting ASU 2014-09 in fiscal 2019 and are currently evaluating the impact on our consolidated financial statements. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. This amendment simplifies the subsequent measurement of inventories by replacing the lower of cost or market revaluation method with the lower of cost and net realizable value test. This guidance is applicable to all inventories measured using methods other than last-in first-out method and the retail inventory method. This guidance becomes effective for fiscal years beginning after December 15, 2016. We expect to adopt this pronouncement in fiscal 2018, and are currently evaluating the impact on our consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-03, Interest - Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs. This amendment requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with the treatment of debt discounts. This guidance becomes effective for financial statements issued for fiscal years beginning after December 15, 2015. We expect to adopt this guidance during fiscal 2017, and we are currently evaluating the impact on our consolidated financial statements. In June 2014, the FASB issued ASU No. 2014-12, Compensation - Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could be Achieved after the Requisite Service Period. This amendment requires that a performance target that affects vesting and that could be achieved after the requisite service period be treated as a performance condition that affects vesting or as a nonvesting condition that affects the grant-date fair value of an award, and provides explicit guidance for those awards. This guidance becomes effective for fiscal years beginning on or after December 15, 2015. We expect to adopt this guidance during fiscal 2017, and we do not expect this pronouncement to have a material impact on our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, “Revenue from Contracts with Customers.” This guidance prescribes a methodology to determine when revenue is recognizable and constitutes a principles-based approach to revenue recognition based on the consideration to which the entity expects to be entitled in exchange for goods or services. In addition, this guidance requires additional disclosure in the notes to the financial statements with regard to the methodology applied. This pronouncement becomes effective for annual reporting periods beginning after December 15, 2016, and will essentially supersede and replace existing revenue recognition rules in U.S. GAAP, including industry-specific guidance. Based on the updated implementation guidance provided by ASU 2015-14 (as discussed above), we anticipate adopting this pronouncement in fiscal 2019, and we are currently evaluating the impact on our consolidated financial statements. In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. This new guidance clarifies the definition of a discontinued operation as a disposal of a component of any entity, or a group of such components, which represent a strategic shift that has or will have a major effect on an entity’s operations and financial results. This guidance should result in fewer applications of discontinued operations accounting treatment. However, if such accounting treatment is required, the guidance requires additional footnote disclosures with regard to the major classes of line items constituting pretax profit or loss of the discontinued operation, a reconciliation of the major classes of assets and liabilities of the discontinued operation, and additional disclosure with regard to cash flows of the discontinued operation. This guidance becomes effective for fiscal years beginning on or after December 15, 2014. We expect to adopt this guidance during fiscal 2016, and we are currently evaluating the impact on our consolidated financial statements. In July 2013, the FASB issued ASU No. 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, which provides guidance related to the presentation of current and deferred income taxes on the balance sheet. In general, an entity must present an unrecognized tax benefit related to a net operating loss carryforward, similar tax loss or tax credit carryforward, as a reduction of a deferred tax asset, except in prescribed circumstances through which liability presentation would be appropriate. This guidance became effective for fiscal years beginning after December 15, 2013. We adopted this guidance on November 1, 2014 with no material impact on our consolidated financial statements.

Subsequent Event	9 Months Ended
Subsequent Event	Jul. 31, 2015
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event On August 30, 2015, we entered into a merger agreement by and among ourselves, QWMS, Inc., a Delaware corporation which is a newly-formed and wholly-owned subsidiary, WII Holding, Inc. (“WII”), a Delaware corporation, and Olympus Growth Fund IV, L.P., a Delaware limited partnership, as the representative of the stockholders of WII. Upon satisfaction or waiver of conditions set forth in the merger agreement, QWMS, Inc. will merge with and into WII, and WII will become our wholly-owned subsidiary, and, as a result, we will acquire all the subsidiaries of WII, (referred to collectively as “Woodcraft”). Woodcraft is a manufacturer of cabinet doors and other components to original equipment manufacturers (“OEMs”) in the kitchen and bathroom cabinet industry, and operates various plants in the United States and Mexico. Woodcraft is a leader in the kitchen and bathroom cabinet door market. We believe this acquisition will expand our operations into an adjacent complementary market that is both strong and poised for growth. We believe that Woodcraft’s business model, similar to ours, is focused on being a preferred supplier to OEMs. We further believe this acquisition will reduce seasonality in our business and enhance our position in the remodeling and replacement sector of the United States housing market. We expect to close this acquisition within the fourth calendar quarter of 2015, and expect to pay $248.5 million in cash, subject to a working capital true-up and including certain holdbacks with regard to potential indemnity claims. In order to fund the Woodcraft acquisition, we entered into a commitment letter arrangement on August 30, 2015, with Wells Fargo Bank, National Association (“Wells Fargo”) and Wells Fargo Securities, LLC, pursuant to which Wells Fargo has committed to provide us with a senior secured credit facility of $410.0 million consisting of an asset-based revolving credit facility of $100.0 million (for which the borrowing base would be determined monthly) and a term loan facility of $310.0 million. The proceeds from these borrowings would be used to fund the purchase of Woodcraft, to refinance existing borrowings under our current revolving credit facility, to pay transaction costs related to the Woodcraft acquisition and to provide for on-going working capital needs. The commitment letter specifies conditions upon which the funds could be borrowed, which includes the consummation of the Woodcraft acquisition pursuant to the merger agreement described above. If we utilize this funding and retire our existing credit facility, we will recognize unamortized deferred financing fees which approximate $0.6 million as of July 31, 2015.

Nature of Operations and Basis of Presentation (Tables)

9 Months Ended

Jul. 31, 2015

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Financial Information of Discontinued Operations

The following table summarizes the operating results for Nichols, which was sold on April 1, 2014, included in the three- and nine-month periods ended July 31, 2014:



	Three Months Ended			Nine Months Ended
	July 31, 2014
	(In thousands, except per share amounts)
Net sales	$	—		$	142,797
Operating loss	—			(9,182		)
Loss before income taxes and gain on sale	—			(8,271		)
Income tax benefit	—			3,163
(Loss) gain on sale, net of tax of ($3) and $15,062, respectively	(520		)	24,060
Net (loss) income	$	(520	)	$	18,952
Basic (loss) income per common share	$	(0.01	)	$	0.51
Diluted (loss) income per common share	$	(0.02	)	$	0.50

Schedule of Product Sales

The following table summarizes our product sales for the three- and nine-month periods ended July 31, 2015 and 2014 into general groupings to provide additional information to our shareholders.



	Three Months Ended				Nine Months Ended
	July 31,				July 31,
	2015		2014		2015		2014
Product Group:	(In thousands)
United States - fenestration	$	129,245	$	130,531	$	332,163	$	326,455
International - fenestration	35,770		26,539		73,759		69,921
United States - non-fenestration	9,977		9,334		30,985		25,705
International - non-fenestration	5,214		3,577		13,162		9,487
Net sales	$	180,206	$	169,981	$	450,069	$	431,568

- Definition

Tabular disclosure of information related to a disposal group. Includes, but is not limited to, a discontinued operation, disposal classified as held-for-sale or disposed of by means other than sale or disposal of an individually significant component.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=51716988&loc=SL51721533-107759

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721665-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1474-107760

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 1
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+ Details

Acquisitions (Tables)

9 Months Ended

Jul. 31, 2015

Business Combinations [Abstract]

Schedule of Assets Acquired, Liabilities Assumed and Consideration



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	12,104
Inventory	15,885
Prepaid and other assets	722
Property, plant and equipment	27,707
Goodwill	61,899
Intangible assets	61,100
Other non-current assets	1,680
Accounts payable	(9,375		)
Income taxes payable	(948		)
Accrued expenses	(6,616		)
Deferred tax liabilities	(14,477		)
Net assets acquired	$	149,681
Consideration:
Cash, net of cash and cash equivalents acquired	$	131,689
Debt assumed in acquisition (capital leases)	7,673
Contingent consideration (earn-out)	10,319
	$	149,681

Schedule of Purchase Price Allocation

The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below.



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Inventories	$	161
Prepaid and other current assets	145
Property, plant and equipment	4,695
Intangible assets	290
Deferred income tax liability	(50		)
Net assets acquired	$	5,241
Consideration:
Cash, net of cash and cash equivalents acquired	$	5,161

Gain recognized on bargain purchase	$	80

Summary of Pro Forma Results



	Pro Forma Results
	For the Three Months Ended				For the Nine Months Ended
	July 31, 2015		July 31, 2014		July 31, 2015		July 31, 2014
	(In thousands)
Net sales	$	191,910	$	194,008	$	509,002	$	503,648
Income from continuing operations	$	7,680	$	10,999	$	11,724	$	12,621
Net income	$	8,136	$	10,479	$	12,203	$	31,573
Basic earnings per share	$	0.23	$	0.33	$	0.35	$	0.38
Diluted earnings per share	$	0.23	$	0.33	$	0.35	$	0.38

Inventories (Tables)

9 Months Ended

Jul. 31, 2015

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following at July 31, 2015 and October 31, 2014:



	July 31, 2015		October 31, 2014
	(In thousands)
Raw materials	$	41,945	$	36,751
Finished goods and work in process	37,342		25,558
Supplies and other	1,094		806
Total	80,381		63,115
Less: Inventory reserves	7,433		5,757
Inventories, net	$	72,948	$	57,358

Values of Inventories

Our inventories at July 31, 2015 and October 31, 2014 were valued using the following costing methods:



	July 31, 2015		October 31, 2014
	(In thousands)
LIFO	$	5,211	$	5,122
FIFO	67,737		52,236
Total	$	72,948	$	57,358

Goodwill and Intangible Assets (Tables)

9 Months Ended

Jul. 31, 2015

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the nine months ended July 31, 2015 was as follows:



	Nine Months Ended
	July 31, 2015
	(In thousands)
Beginning balance as of November 1, 2014	70,546
HLP acquisition	61,899
Foreign currency translation adjustment	(1,584		)
Balance as of the end of the period	$	130,861

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Amortizable intangible assets consisted of the following as of July 31, 2015 and October 31, 2014:



	July 31, 2015				October 31, 2014
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Customer relationships	$	99,164	$	22,918	$	53,083	$	19,700
Trademarks and trade names	59,034		22,463		44,722		20,343
Patents and other technology	25,887		14,690		25,244		13,228
Other	1,718		1,230		1,392		1,020
Total	$	185,803	$	61,301	$	124,441	$	54,291

Estimated Amortization Expense Related to Intangible Assets

Estimated remaining amortization expense, assuming current intangible balances and no new acquisitions, for each of the fiscal years ending October 31, is as follows (in thousands):



	Estimated Amortization Expense
2015 (remaining three months)	$	3,044
2016	11,990
2017	11,897
2018	11,650
2019	10,861
Thereafter	75,060
Total	$	124,502

Debt and Capital Lease Obligations (Tables)

9 Months Ended

Jul. 31, 2015

Debt Disclosure [Abstract]

Debt and Capital Lease Obligations

Debt consisted of the following at July 31, 2015 and October 31, 2014:



	July 31, 2015		October 31, 2014
	(In thousands)
Revolving Credit Facility	$	84,000	$	—
City of Richmond, Kentucky Industrial Building Revenue Bonds	500		600
Capital lease obligations	7,543		185
Total debt	92,043		785
Less: Current maturities of long-term debt	9,468		199
Long-term debt	$	82,575	$	586

Retirement Plans (Tables)

9 Months Ended

Jul. 31, 2015

Compensation and Retirement Disclosure [Abstract]

Net Periodic Pension Cost

The net periodic pension cost for this plan for the three- and nine-month periods ended July 31, 2015 and 2014 was as follows:



	Three Months Ended						Nine Months Ended
	July 31,						July 31,
	2015			2014			2015			2014
	(In thousands)
Service cost	$	802		$	828		$	2,486		$	2,485
Interest cost	257			266			768			797
Expected return on plan assets	(443		)	(431		)	(1,347		)	(1,292		)
Amortization of net loss	40			—			118			—
Net periodic benefit cost	$	656		$	663		$	2,025		$	1,990

Warranty Obligations (Tables)

9 Months Ended

Jul. 31, 2015

Commitments and Contingencies Disclosure [Abstract]

Reconciliation of Activity Related to Accrued Warranty



	Nine Months Ended
	July 31, 2015
	(In thousands)
Beginning balance as of November 1, 2014	$	671
Provision for warranty expense	189
Change in accrual for preexisting warranties	317
Warranty costs paid	(524		)
Total accrued warranty as of the end of the period	$	653
Less: Current portion of accrued warranty	358
Long-term portion of accrued warranty	$	295

Derivative Instruments (Tables)

9 Months Ended

Jul. 31, 2015

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Location in Financial Performance and Financial Position



		Three Months Ended				Nine Months Ended
		July 31,				July 31,
Location of Gain:		2015		2014		2015		2014
Other, net	Foreign currency derivatives	$	151	$	198	$	764	$	104

The fair values of our outstanding derivative contracts as of July 31, 2015 and October 31, 2014 were as follows (in thousands):



	July 31, 2015			October 31, 2014
Prepaid and other current assets:
Foreign currency derivatives	$	70		$	69
Accrued liabilities:
Foreign currency derivatives	$	(5	)	$	—

Schedule of Notional Amounts of Oustanding Derivative Positions

The following table summarizes the notional amounts and fair value of outstanding derivative contracts at July 31, 2015 and October 31, 2014 (in thousands):



		Notional as indicated			Fair Value in $
		July 31, 2015	October 31, 2014		July 31, 2015			October 31, 2014
Foreign currency derivatives:
Sell EUR, buy USD	EUR	8,140	$	4,907	$	69		$	68
Sell CAD, buy USD	CAD	386	331		(1		)	1
Sell GBP, buy EUR	GBP	215	—		(4		)	—
Sell GBP, buy USD	GBP	155	—		1			—
Buy EUR, sell GBP	EUR	24	—		—			—
Buy USD, sell EUR	USD	11	—		—			—
Buy GBP, sell EUR	GBP	2	—		—			—

Fair Value Measurement of Assets and Liabilities (Tables)

9 Months Ended

Jul. 31, 2015

Fair Value Disclosures [Abstract]

Summary of Fair Value of Assets and Liabilities Measured on Recurring Basis

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



	July 31, 2015								October 31, 2014
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Short-term investments	$	—	$	—	$	—	$	—	$	69,975	$	—	$	—	$	69,975
Foreign currency derivatives	—		70		—		70		—		69		—		69
Total assets	$	—	$	70	$	—	$	70	$	69,975	$	69	$	—	$	70,044

Liabilities
Foreign currency derivatives	$	—	$	5	$	—	$	5	$	—	$	—	$	—	$	—
Total liabilities	$	—	$	5	$	—	$	5	$	—	$	—	$	—	$	—

Stock-Based Compensation (Tables)

9 Months Ended

Jul. 31, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Nonvested Restricted Share Activity

A summary of non-vested restricted stock awards activity during the nine months ended July 31, 2015 is presented below:



	Restricted Stock Awards		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2014	220,800		$	17.42
Granted	118,800		11.74
Cancelled	(12,600	)	19.57
Vested	(33,500	)	15.08
Non-vested at July 31, 2015	293,500		$	15.29

Schedule of Valuation Assumptions for Stock Options

The following table provides a summary of assumptions used to estimate the fair value of our stock options issued during the nine-month periods ended July 31, 2015 and 2014.



	Nine Months Ended
	July 31,
	2015	2014
Weighted-average expected volatility	47.7%	55.7%
Weighted-average expected term (in years)	5.6	5.8
Risk-free interest rate	1.6%	1.8%
Expected dividend yield over expected term	1.0%	1.0%
Weighted average grant date fair value	$8.40	$8.51

Schedule of Stock Option Activity

The following table summarizes our stock option activity for the nine months ended July 31, 2015:



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2014	2,588,389		$	16.21
Granted	123,900		20.28
Exercised	(281,967	)	15.28
Forfeited/Expired	(19,168	)	19.71
Outstanding at July 31, 2015	2,411,154		$	16.50	5.5	$	9,002
Vested or expected to vest at July 31, 2015	2,388,996		$	16.47	5.5	$	8,985
Exercisable at July 31, 2015	2,028,349		$	15.98	5.0	$	8,558

Schedule of Restricted Stock Units Activity

The following table summarizes non-vested restricted stock unit activity during the nine months ended July 31, 2015:



	Restricted Stock Units		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2014	83,500		$	15.08
Vested	(83,500	)	15.08
Non-vested at July 31, 2015	—		$	—

Treasury Stock Activity

The following table summarizes the treasury stock activity during the nine months ended July 31, 2015:



	Nine Months Ended
	July 31, 2015
Beginning balance as of November 1, 2014	1,417,700
Restricted stock awards granted	(118,800	)
Stock options exercised	(281,967	)
Shares purchased	2,675,903
Balance at end of period	3,692,836

Other Income (Expense) (Tables)

9 Months Ended

Jul. 31, 2015

Other Income and Expenses [Abstract]

Schedule of Other Non-operating Income (Expense)



	Three Months Ended					Nine Months Ended
	July 31,					July 31,
	2015		2014			2015			2014
	(In thousands)
Foreign currency transaction gains (losses)	$	341	$	(262	)	$	(581	)	$	(196	)
Foreign currency derivative gains	151		198			764			104
Interest income	16		54			55			76
Other	58		2			62			82
Other income (expense)	$	566	$	(8	)	$	300		$	66

Earnings Per Share Earnings Per Share (Tables)

9 Months Ended

Jul. 31, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

Basic and diluted earnings per share from continuing operations for the three- and nine-month periods ended July 31, 2015 and 2014 were calculated as follows (in thousands, except per share data):



	Three Months Ended July 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	6,471	33,618	$	0.20
Effect of dilutive securities:
Stock options	—		378
Restricted stock awards	—		146
Diluted earnings per common share	$	6,471	34,142	$	0.19



	Three Months Ended July 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	8,567	37,296	$	0.23
Effect of dilutive securities:
Stock options	—		409
Restricted stock awards	—		118
Diluted earnings per common share	$	8,567	37,823	$	0.23



	Nine Months Ended July 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	5,671	34,111	$	0.17
Effect of dilutive securities:
Stock options	—		389
Restricted stock awards	—		126
Diluted earnings per common share	$	5,671	34,626	0.17



	Nine Months Ended July 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	5,326	37,171	$	0.14
Effect of dilutive securities:
Stock options	—		482
Restricted stock awards	—		103
Diluted earnings per common share	$	5,326	37,756	$	0.14

Nature of Operations and Basis of Presentation (Details) $ in Thousands		3 Months Ended		9 Months Ended		20 Months Ended
	Mar. 31, 2014 segment	Jul. 31, 2015 USD ($)	Jul. 31, 2014 USD ($)	Jul. 31, 2015 USD ($) segment operating_segment	Jul. 31, 2014 USD ($)	Jul. 31, 2015 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments \| segment	2			1
Number of Operating Segments \| operating_segment				5
Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]
Proceeds from sale of Nichols				$ 0	$ 107,431
Working capital adjustment		$ 2,600		2,600		$ 2,600
Gain on sale			$ (520)	24,100	24,060
Tax effect on gain on sale					15,100
Purchases of aluminum product from Nichols		2,000	$ 4,500	8,200	11,300
Insurance deductible related to fire at Nichols				500
Capitalized amount to rebuild the asset, related to fire at Nichols		$ 6,500		6,500		6,500
Costs incurred related to fire loss at Nichols				2,300
Impairment charge recognized related to fire loss at Nichols				500
Insurance proceeds received related to fire at Nichols				1,263	$ 1,400	$ 6,100
Gain on involuntary conversion related to fire at Nichols				3,700
Insurance Claims Expense, Amount Reimbursable				$ 500

Nature of Operations and Basis of Presentation - Results of Operations, Discontinued Operations (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Net sales		$ 0		$ 142,797
Operating loss		0		(9,182)
Loss before income taxes and gain on sale		0		(8,271)
Income tax benefit		0		3,163
Gain on Sale, Net of Tax		(520)	$ 24,100	24,060
Net loss	$ 456	$ (520)	$ 479	$ 18,952
Basic loss per common share (in usd per share)	$ 0.01	$ (0.01)	$ 0.01	$ 0.51
Diluted loss per common share (in usd per share)	$ 0.01	$ (0.02)	$ 0.01	$ 0.50

- Definition

Amount after tax of income (loss) from a discontinued operation including the portion attributable to the noncontrolling interest. Includes, but is not limited to, the income (loss) from operations during the phase-out period, gain (loss) on disposal, gain (loss) for reversal of write-down (write-down) to fair value, less cost to sell, and adjustments to a prior period gain (loss) on disposal.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 225
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04.12)
-URI http://asc.fasb.org/extlink&oid=6879464&loc=d3e573970-122913

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 225
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.14)
-URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 45
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=51716988&loc=d3e1012-107759

Reference 5: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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-Section 45
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Reference 6: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 205
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 04
-Paragraph 13
-Article 7

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 03
-Paragraph 15
-Article 5

+ Details

Nature of Operations and Basis of Presentation - Summary of Product Sales (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Product Information [Line Items]
Total sales	$ 180,206	$ 169,981	$ 450,069	$ 431,568
Fenestration \| United States
Product Information [Line Items]
Total sales	129,245	130,531	332,163	326,455
Fenestration \| International
Product Information [Line Items]
Total sales	35,770	26,539	73,759	69,921
Non-fenestration \| United States
Product Information [Line Items]
Total sales	9,977	9,334	30,985	25,705
Non-fenestration \| International
Product Information [Line Items]
Total sales	$ 5,214	$ 3,577	$ 13,162	$ 9,487

Acquisitions - Summary of Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Thousands		9 Months Ended
	Jun. 15, 2015	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Net assets acquired:
Goodwill		$ 130,861		$ 70,546
Consideration:
Cash, net of cash and cash equivalents acquired		$ 131,689	$ 5,161
HLP Acquisition
Net assets acquired:
Accounts receivable	$ 12,104
Inventory	15,885
Prepaid and other assets	722
Property, plant and equipment	27,707
Goodwill	61,899
Intangible assets	61,100
Other non-current assets	1,680
Accounts payable	(9,375)
Income taxes payable	(948)
Accrued expenses	(6,616)
Deferred tax liabilities	(14,477)
Net assets acquired	149,681
Consideration:
Cash, net of cash and cash equivalents acquired	131,689
Debt assumed in acquisition (capital leases)	7,673
Contingent consideration (earn-out)	(10,319)
Consideration transferred	$ 149,681

Acquisitions (Detail) - USD ($) $ in Thousands			9 Months Ended
Acquisitions (Detail) - USD ($) $ in Thousands	Jun. 15, 2015	Dec. 31, 2013	Jul. 31, 2014
HLP Acquisition
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Long-term Debt	$ (7,673)
Inventory	15,885
Prepaid and other assets	722
Property, plant and equipment	27,707
Intangible assets	61,100
Net assets acquired	149,681
Cash paid for acquisition, net of cash and cash equivalents acquired	149,681
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Other	$ 10,319
Greenville
Business Acquisition [Line Items]
Inventory		$ 161
Prepaid and other assets		145
Property, plant and equipment		4,695
Intangible assets		290
Deferred income tax liability		(50)
Net assets acquired		5,241
Cash paid for acquisition, net of cash and cash equivalents acquired		5,161
Gain recognized on bargain purchase		$ 80	$ 100

Acquisitions - Summary of Pro Forma Information (Details) - HLP Acquisition - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Business Acquisition, Pro Forma Information [Abstract]
Net Sales	$ 191,910	$ 194,008	$ 509,002	$ 503,648
Income from continuing operations	7,680	10,999	11,724	12,621
Business Acquisition, Pro Forma Net Income (Loss)	$ 8,136	$ 10,479	$ 12,203	$ 31,573
Basic earnings per share (in dollars per share)	$ 0.23	$ 0.33	$ 0.35	$ 380.00
Diluted earnings per share (in dollars per share)	$ 0.23	$ 0.33	$ 0.35	$ 380.00

Inventories (Detail) - USD ($) $ in Thousands	Jul. 31, 2015	Oct. 31, 2014
Inventory, Raw Materials and Supplies, Net of Reserves [Abstract]
Raw materials	$ 41,945	$ 36,751
Finished goods and work in process	37,342	25,558
Supplies and other	1,094	806
Total	80,381	63,115
Less: Inventory reserves	7,433	5,757
Inventories, net	72,948	57,358
Inventory, Net [Abstract]
LIFO	5,211	5,122
FIFO	67,737	52,236
Inventories, net	72,948	$ 57,358
Excess of replacement cost over LIFO value	$ 1,400

Goodwill and Intangible Assets - Goodwill (Details) $ in Thousands	9 Months Ended
	Jul. 31, 2015 USD ($)	Oct. 31, 2014 reporting_unit
Goodwill [Line Items]
Number of reporting units with goodwill \| reporting_unit		3
Goodwill [Roll Forward]
Beginning balance	$ 70,546
Goodwill, Acquired During Period	61,899
Foreign currency translation adjustment	(1,584)
Balance as of the end of the period	130,861
Reporting Unit One
Goodwill [Roll Forward]
Beginning balance	55,200
Reporting Unit Two
Goodwill [Roll Forward]
Beginning balance	12,600
Reporting Unit Three
Goodwill [Roll Forward]
Beginning balance	$ 2,800

Goodwill and Intangible Assets - Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 185,803		$ 185,803		$ 124,441
Accumulated amortization	61,301		61,301		54,291
Intangible assets amortization expense	2,200	$ 2,300	6,700	$ 6,900
Estimated Amortization Expense
2015 (remaining three months)	3,044		3,044
2016	11,990		11,990
2017	11,897		11,897
2018	11,650		11,650
2019	10,861		10,861
Thereafter	75,060		75,060
Total	124,502		124,502		70,150
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	99,164		99,164		53,083
Accumulated amortization	22,918		22,918		19,700
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	59,034		59,034		44,722
Accumulated amortization	22,463		22,463		20,343
Patents and other technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	25,887		25,887		25,244
Accumulated amortization	14,690		14,690		13,228
Other
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,718		1,718		1,392
Accumulated amortization	1,230		1,230		$ 1,020
HLP Acquisition \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Customer relationships related to acquired Greenville facility	45,900		$ 45,900
Useful life of customer relationships related to acquired Greenville facility			20 years
HLP Acquisition \| Trade Names
Finite-Lived Intangible Assets [Line Items]
Customer relationships related to acquired Greenville facility	14,200		$ 14,200
Useful life of customer relationships related to acquired Greenville facility			15 years
HLP Acquisition \| Patents
Finite-Lived Intangible Assets [Line Items]
Customer relationships related to acquired Greenville facility	$ 1,000		$ 1,000
Useful life of customer relationships related to acquired Greenville facility			13 years

Debt and Capital Lease Obligations (Detail)	9 Months Ended
Debt and Capital Lease Obligations (Detail)	Jul. 31, 2015 USD ($)	Jul. 31, 2014 USD ($)	Oct. 31, 2014 USD ($)	Jan. 28, 2013 USD ($)
Debt Disclosure [Line Items]
Line of Credit Facility, Fair Value of Amount Outstanding	$ 84,000,000
Document Period End Date	Jul. 31, 2015
Total debt	$ 92,043,000		$ 785,000
Less: Current maturities of long-term debt	9,468,000		199,000
Long-term debt	82,575,000		586,000
Proceeds from Lines of Credit	92,000,000	$ 0
Repayments of Lines of Credit	8,000,000	$ 0
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Capital Lease Obligation	7,700,000
Debt Disclosure [Abstract]
Credit Facility, commitments increase limit				$ 100,000,000
Credit facility, total commitments limit				$ 250,000,000
Required consolidated interest coverage ratio				3.00
Required consolidated leverage ratio				3.25
Credit Facility, amount available	52,000,000		140,700,000
Letters of credit, outstanding	$ 5,900,000		$ 6,100,000
Current borrowing rate - Revolver	3.25%		3.25%
Current borrowing rate - Swing line sub facility	1.19%		1.20%
Revolving Credit Facility
Debt Disclosure [Line Items]
Revolving Credit Facility	$ 84,000,000		$ 0
Credit facility, maximum borrowing capacity				$ 150,000,000
Debt, Weighted Average Interest Rate	1.19%
City of Richmond, Kentucky Industrial Building Revenue Bonds
Debt Disclosure [Line Items]
City of Richmond, Kentucky Industrial Building Revenue Bonds	$ 500,000		600,000
Capital Lease Obligations
Debt Disclosure [Line Items]
Capital lease obligations	7,543,000		$ 185,000
HLP
Debt Disclosure [Line Items]
Capital lease obligations	7,400,000
Capital Lease Obligations, Current	2,300,000
Capital Lease Obligations, Noncurrent	$ 5,100,000
HLP \| Capital lease obligations
Debt Disclosure [Line Items]
Average interest rate	6.00%

Retirement Plans (Detail) - USD ($) $ in Thousands		1 Months Ended	3 Months Ended		9 Months Ended		12 Months Ended
Retirement Plans (Detail) - USD ($) $ in Thousands	Sep. 30, 2015	Jan. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Compensation and Retirement Disclosure [Abstract]
Defined benefit plan, contributions by employer	$ 2,800						$ 4,100
Supplemental benefit plan liability			$ 1,800		$ 1,800		1,900
Deferred compensation liability			3,400		3,400		$ 3,400
Deferred compensation plan, employer contributions		$ 3,300
Net periodic benefit cost:
Service cost			802	$ 828	2,486	$ 2,485
Interest cost			257	266	768	797
Expected return on plan assets			(443)	(431)	(1,347)	(1,292)
Amortization of net loss			40	0	118	0
Net periodic benefit cost			$ 656	$ 663	$ 2,025	$ 1,990

Warranty Obligations (Detail) - USD ($) $ in Thousands	9 Months Ended
Warranty Obligations (Detail) - USD ($) $ in Thousands	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Reduction in warranty accrual related to Insulating Glass business		$ 2,800
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrued warranty at beginning of period	$ 671
Provision for warranty expense	189
Change in accrual for preexisting warranties	317
Warranty costs paid	(524)
Accrued warranty at end of period	653
Total accrued warranty	$ 671		$ 653
Less: Current portion of accrued warranty			358
Long-term portion of accrued warranty			$ 295

Income Taxes (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended
Income Taxes (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jan. 31, 2015	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Income Tax Disclosure
Estimated annual effective tax rate (benefit) expense			(25.20%)	(38.20%)
Effective income tax rate excluding discrete items		35.70%		30.70%
Deferred Tax Liabilities, Net, Noncurrent			$ 6,605		$ 0
Unrecognized tax benefits					11,400
Liability for uncertain tax positions			548		4,626
Uncertain tax position in non-current deferred taxes					$ 6,800
Reduced liability uncertain tax position resulting from lapse in statute of limitations			4,000
Increase (Decrease) in Deferred Income Taxes			6,800
Liability reduction of uncertain tax position resulted in increase to retained earnings			10,003
Reduction in uncertain tax position resulting in decrease in income tax expense			800
Valuation allowance			1,200
HLP Acquisition
Income Tax Disclosure
Deferred Tax Liabilities, Net, Noncurrent			$ 13,200
United Kingdom \| HLP
Income Tax Disclosure
Foreign income tax rate	20.00%

Contingencies Contingencies (Details) - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Jul. 31, 2015	Oct. 31, 2014
Other Commitments [Line Items]
Net claim payments	$ 524
Spacer Migration
Other Commitments [Line Items]
Product warranty expense		$ 1,800
Spacer specific product warranty accrual	1,000	$ 1,200
Net claim payments	500
Product Warranty Accrual, Period Increase (Decrease)	400
Translation adjustment	$ 100

Derivative Instruments (Detail) € in Thousands, £ in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2015 USD ($)	Jul. 31, 2014 USD ($)	Jul. 31, 2015 USD ($)	Jul. 31, 2014 USD ($)	Jul. 31, 2015 EUR (€)	Jul. 31, 2015 GBP (£)	Oct. 31, 2014 USD ($)	Oct. 31, 2014 EUR (€)	Oct. 31, 2014 GBP (£)
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	$ 151	$ 198	$ 764	$ 104
Derivatives [Line Items]
Foreign currency derivatives, asset	70		70				$ 69
Foreign currency derivatives, liability	(5)		(5)				0
Other, Net
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	151	$ 198	764	$ 104
Sell EUR, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	8,140		8,140				4,907
Foreign currency derivatives, fair value	69		69				68
Sell CAD, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	386		386				331
Foreign currency derivatives, fair value	(1)		(1)				1
Sell GBP, buy EUR
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	215		215				0
Foreign currency derivatives, fair value	(4)		(4)				0
Sell GBP, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount \| £						£ 155			£ 0
Foreign currency derivatives, fair value	1		1				0
Buy EUR, sell GBP
Derivatives, Fair Value [Line Items]
Derivatives, notional amount \| €					€ 24			€ 0
Foreign currency derivatives, fair value	0		0				0
Buy USD, Sell EUR
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	11		11				0
Foreign currency derivatives, fair value	0		0				0
Buy GBP, Sell EUR
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	2		2						£ 0
Foreign currency derivatives, fair value	0		0
Price Risk Derivative Instruments Not Designated as Hedging Instruments, at Fair Value, Net							0
Prepaid and Other Current Assets
Derivatives [Line Items]
Foreign currency derivatives, asset	70		70				69
Accrued Liabilities
Derivatives [Line Items]
Foreign currency derivatives, liability	$ (5)		$ (5)				$ 0

Fair Value Measurement of Assets and Liabilities (Details) - USD ($) $ in Thousands	Jul. 31, 2015	Oct. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	$ 0	$ 69,975
Foreign currency derivatives, asset	70	69
Total assets	70	70,044
Foreign currency derivatives, liability	5	0
Total liabilities	5	0
Property, plant and equipment at fair value (non-recurring)	2,400	2,400
Fair Value, Inputs, Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term investments	0	69,975
Total assets	0	69,975
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivatives, asset	70	69
Total assets	70	69
Foreign currency derivatives, liability	5	0
Total liabilities	$ 5	$ 0

Stock Based Compensation (Detail)	9 Months Ended
Stock Based Compensation (Detail)	Jul. 31, 2015 shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Period End Date	Jul. 31, 2015
Number of shares authorized, originally	2,900,000
Stockholders' Meeting Held in 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized	2,400,000
Stockholders' Meeting Held in 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of additional shares authorized	2,350,000

Stock-Based Compensation - Restricted Stock Awards (Details) - Restricted Stock Awards (RSAs) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Number of Shares
Non-vested at beginning of the period (in shares)	220,800
Granted (in shares)	118,800
Cancelled (in shares)	(12,600)
Vested (in shares)	(33,500)
Non-vested at end of the period (in shares)	293,500
Weighted Average Grant Date Fair Value per Share
Non-vested at beginning of the period (in usd per share)	$ 17.42
Granted (in usd per share)	11.74
Cancelled (in usd per share)	19.57
Vested (in usd per share)	15.08
Non-vested at end of the period (in usd per share)	$ 15.29
Vesting period	3 years
Fair value of restricted stock awards vested	$ 0.5	$ 0.5
Unrecognized compensation cost - non vested restricted stock awards	$ 1.8
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 3 months 18 days

Stock-Based Compensation - Stock Options (Details) - USD ($)	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Fair Value Assumptions [Abstract]
Weighted-average expected volatility	47.70%	55.70%
Weighted-average expected term (in years)	5 years 7 months 6 days	5 years 9 months 18 days
Risk-free interest rate	1.60%	1.80%
Expected dividend yield over expected term	1.00%	1.00%
Weighted average grant date fair value	$ 8.40	$ 8.51
Stock Options, [Roll Forward]
Outstanding at beginning of period (in shares)	2,588,389
Granted (in shares)	123,900
Exercised (in shares)	(281,967)
Forfeited/Expired (in shares)	(19,168)
Outstanding at end of period (in shares)	2,411,154
Vested or expected to vest at end of period (in shares)	2,388,996
Exercisable at end of period (in shares)	2,028,349
Weighted Average Exercise Price
Outstanding at beginning of period (in usd per share)	$ 16.21
Granted (in usd per share)	20.28
Exercised (in usd per share)	15.28
Forfeited/Expired (in usd per share)	19.71
Outstanding at end of period (in usd per share)	16.50
Vested or expected to vest at end of period (in usd per share)	16.47
Exercisable at end of period (in usd per share)	$ 15.98
Weighted Average Remaining Contractual Life
Outstanding at end of period	5 years 6 months
Vested or expected to vest at end of period	5 years 6 months
Exercisable at end of period	5 years
Aggregate Intrinsic Value
Outstanding at end of period	$ 9,002,000
Vested or expected to vest at end of period	8,985,000
Exercisable at end of period	$ 8,558,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Total intrinsic value of options exercised	$ 1,200,000.0	$ 2,700,000
Fair value of stock options vested	2,800,000	$ 3,500,000
Unrecognized compensation cost - non vested stock options	$ 1,800,000
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 2 months 12 days

Stock-Based Compensation - Restricted Stock Units (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Jul. 31, 2015	Jul. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash used to settle restricted stock units	$ 1.7	$ 0.5
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Number of Shares
Non-vested at beginning of the period (in shares)	83,500
Vested (in shares)	(83,500)
Non-vested at end of the period (in shares)	0
Weighted Average Grant Date Fair Value Per Share
Non-vested at beginning of the period (in usd per share)	$ 15.08
Vested (in usd per share)	15.08
Non-vested at end of the period (in usd per share)	$ 0.00

Stock-Based Compensation - Performance Share Awards (Details) - Performance Shares - USD ($) $ in Millions	1 Months Ended		3 Months Ended		9 Months Ended		12 Months Ended
	Dec. 31, 2014	Dec. 31, 2013	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014	Oct. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period					3 years
Performance shares settled in cash					50.00%
Performance shares settled in stock					50.00%
Performance shares granted	137,400	155,800
Performance shares compensation expense			$ 0.4	$ 0.2	$ 1.2	$ 1.0
Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares vesting percentage maximum	0.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares vesting percentage maximum	200.00%
December 2013 issuance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares forfeited					9,200		7,000
December 2014 issuance
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares forfeited					8,200

Stock-Based Compensation - Treasury Shares (Details) - USD ($)	6 Months Ended	9 Months Ended	12 Months Ended
	Feb. 28, 2015	Jul. 31, 2015	Oct. 31, 2014	Sep. 05, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Period End Date		Jul. 31, 2015
Stock repurchase program, authorized amount				$ 75,000,000
Purchase of treasury stock	$ 75,000,000	$ 50,761,000	$ 24,200,000
Deficiency of stock option proceeds recorded to retained earnings		$ 700,000
Treasury Stock [Abstract]
Beginning balance as of November 1, 2014		1,417,700
Shares purchased	3,992,229	2,675,903	1,316,326
Balance at end of period		3,692,836	1,417,700
Restricted Stock Awards (RSAs)
Treasury Stock [Abstract]
Restricted stock awards granted		(118,800)
Stock Options
Treasury Stock [Abstract]
Shares, Issued		(281,967)
Shares purchased		2,675,903

Other Income (Expense) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Other Income (Expense) (Detail) - USD ($) $ in Thousands	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Other Income and Expenses [Abstract]
Foreign currency transaction gains (losses)	$ 341	$ (262)	$ (581)	$ (196)
Foreign currency derivative gains	151	198	764	104
Interest income	16	54	55	76
Other	58	2	62	82
Other income (expense)	$ 566	$ (8)	$ 300	$ 66

Earnings Per Share (Detail) - USD ($)	3 Months Ended		9 Months Ended
Earnings Per Share (Detail) - USD ($)	Jul. 31, 2015	Jul. 31, 2014	Jul. 31, 2015	Jul. 31, 2014
Earnings Per Share Disclosure [Line Items]
Income from continuing operations	$ 6,471,000	$ 8,567,000	$ 5,671,000	$ 5,326,000
Basic (in shares)	33,618,000	37,296,000	34,111,000	37,171,000
Loss per share, basic (in usd per share)	$ 0.20	$ 0.23	$ 0.17	$ 0.14
Loss per share, diluted (in usd per share)	$ 0.19	$ 0.23	$ 0.17	$ 0.14
Antidilutive securities (in shares)	720,271	970,976	895,771	940,336
Diluted (in shares)	34,142,000	37,823,000	34,626,000	37,756,000
Performance Shares
Earnings Per Share Disclosure [Line Items]
Potentially dilutive securities (in shares)	$ 0	$ 0	$ 0	$ 0
Restricted Stock Awards (RSAs)
Earnings Per Share Disclosure [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment	146,000	118,000	126,000	103,000
Stock Options
Earnings Per Share Disclosure [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment	378,000	409,000	389,000	482,000

Subsequent Event (Details) - USD ($)	Aug. 30, 2015	Jul. 31, 2015
Subsequent Event [Line Items]
Unamortized deferred financing fees expected to be recognized if proposed funding is utilized		$ 600,000
Expected acquisition \| Subsequent event
Subsequent Event [Line Items]
Expected cash payment for proposed acquisition	$ 248,500,000
Line of credit \| Subsequent event
Subsequent Event [Line Items]
Committed borrowing capacity	410,000,000.0
Asset-based revolving credit facility \| Line of credit \| Subsequent event
Subsequent Event [Line Items]
Committed borrowing capacity	100,000,000.0
Term loan facility \| Line of credit \| Subsequent event
Subsequent Event [Line Items]
Committed borrowing capacity	$ 310,000,000.0