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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Oct. 31, 2016	Dec. 15, 2016	Apr. 30, 2015
Document and Entity Information [Abstract]
Entity Registrant Name	Quanex Building Products Corporation
Entity Central Index Key	0001423221
Trading Symbol	NX
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Oct. 31, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	FY
Amendment Flag	false
Entity Common Stock, Shares Outstanding		34,202,837
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 637,494,544

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Current assets:
Cash and cash equivalents	$ 25,526	$ 23,125
Accounts receivable, net of allowance for doubtful accounts of $251 and $673	83,625	64,080
Inventories, net	84,335	63,029
Prepaid and other current assets	10,488	7,992
Total current assets	203,974	158,226
Property, plant and equipment, net of accumulated depreciation of $245,128 and $217,512	198,497	140,672
Deferred income taxes	0	8,783
Goodwill	217,035	129,770
Intangible assets, net	154,180	120,810
Other assets	6,667	7,255
Total assets	780,353	565,516
Current liabilities:
Accounts payable	47,781	47,778
Accrued liabilities	55,101	37,364
Income taxes payable	732	747
Current maturities of long-term debt	10,520	2,359
Total current liabilities	114,134	88,248
Long-term debt	259,011	53,767
Deferred pension and postretirement benefits	8,167	5,701
Deferred income taxes	18,322	0
Liability for uncertain tax positions	579	564
Other liabilities	12,309	21,941
Total liabilities	412,522	170,221
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 37,560,249 and 37,609,563 respectively; outstanding 34,220,496 and 33,962,460, respectively	376	376
Additional paid-in-capital	254,540	250,937
Retained earnings	214,047	222,138
Accumulated other comprehensive loss	(38,765)	(10,049)
Less: Treasury stock at cost, 3,339,753 and 3,647,103 shares, respectively	(62,367)	(68,107)
Total stockholders’ equity	367,831	395,295
Total liabilities and stockholders' equity	$ 780,353	$ 565,516

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 251	$ 673
Accumulated Depreciation of property assets	$ 245,128	$ 217,512
Preferred stock, par value	$ 0.00	$ 0.00
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	37,560,249	37,609,563
Common stock, shares outstanding	34,220,496	33,962,460
Treasury stock at cost (shares)	3,339,753	3,647,103

Consolidated Statements of Income (Loss) - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Statement [Abstract]
Net sales	$ 928,184	$ 645,528	$ 595,384
Cost and expenses:
Cost of sales (excluding depreciation and amortization)	710,644	499,097	464,584
Selling, general and administrative	114,910	86,536	82,150
Restructuring charges	529	0	0
Depreciation and amortization	53,146	35,220	33,869
Asset impairment charges	12,602	0	505
Operating income	36,353	24,675	14,276
Non-operating (expense) income:
Interest expense	(36,498)	(991)	(562)
Other, net	(5,479)	(531)	92
(Loss) income from continuing operations before income taxes	(5,624)	23,153	13,806
Income tax benefit (expense)	3,765	(7,539)	(5,468)
(Loss) income from continuing operations	(1,859)	15,614	8,338
Income from discontinued operations, net of tax of $0, $300, and $13,115, respectively	0	479	20,896
Net (loss) income	$ (1,859)	$ 16,093	$ 29,234
Basic (loss) earnings per common share:
(Loss) earnings from continuing operations	$ (0.05)	$ 0.46	$ 0.22
Earnings from discontinued operations	0.00	0.01	0.57
Basic (loss) earnings per share	(0.05)	0.47	0.79
Diluted (loss) earnings per common share:
(Loss) earnings from continuing operations	(0.05)	0.46	0.22
Earnings from discontinued operations	0.00	0.01	0.56
Diluted (loss) earnings per share	$ (0.05)	$ 0.47	$ 0.78
Weighted-average common shares outstanding:
Basic (in shares)	33,876	33,993	37,128
Diluted (in shares)	33,876	34,502	37,679
Cash dividends paid per common share (usd per share)	$ 0.16	$ 0.16	$ 0.16

Consolidated Statements of Income (Loss) (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Statement [Abstract]
Income tax expense (benefit) of discontinued operations	$ 0	$ 300	$ 13,115

- 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

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (1,859)	$ 16,093	$ 29,234
Foreign currency translation adjustments loss (pretax)	(26,838)	(3,595)	(1,840)
Foreign currency translation adjustment, tax benefit (expense)	0	0	14
Change in pension from net unamortized loss (pretax)	(2,864)	(1,280)	(2,474)
Change in pension from net unamortized loss tax benefit	986	534	992
Total other comprehensive loss, net of tax	(28,716)	(4,341)	(3,308)
Comprehensive income (loss)	$ (30,575)	$ 11,752	$ 25,926

Consolidated Statement of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock Shares	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock Shares	Treasury Stock
Common stock, shares at Oct. 31, 2013		37,653,639
Stockholders' equity, value at Oct. 31, 2013	$ 416,194		$ 377	$ 247,642	$ 177,456	$ (2,400)		$ (6,881)
Treasury stock, shares at Oct. 31, 2013							(488,385)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	29,234				29,234
Foreign currency translation adjustment (net of taxes)	(1,826)					(1,826)
Change in pension from net unamortized gain	(1,482)					(1,482)
Common dividends ($0.16 per share)	(5,992)				(5,992)
Treasury Stock, shares acquired							(1,316,326)
Treasury shares purchased, at cost	(24,239)							(24,239)
Stock-based compensation activity:
Expense related to stock-based compensation	3,925			3,925
Stock options exercised	$ 3,249			(1,071)	0			4,320
Shares, Issued	(306,611)						(306,611)
Tax benefit from share-based compensation	$ 400			400
Restricted stock awards granted	0			(1,133)				1,133
Restricted stock awards granted (in shares)		3,000					80,400
Recognition of unrecognized tax benefit	1,629				1,629
Other (in shares)		24,607
Other	(172)		(1)	(163)	(8)	0
Common stock, shares at Oct. 31, 2014		37,632,032
Stockholders' equity, value at Oct. 31, 2014	420,920		376	249,600	202,319	(5,708)		(25,667)
Treasury stock, shares at Oct. 31, 2014							(1,417,700)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	16,093				16,093
Foreign currency translation adjustment (net of taxes)	(3,595)					(3,595)
Change in pension from net unamortized gain	(746)					(746)
Common dividends ($0.16 per share)	$ (5,515)				(5,515)
Treasury Stock, shares acquired	(1,316,326)						(2,675,903)
Treasury shares purchased, at cost	$ (50,761)							(50,761)
Stock-based compensation activity:
Expense related to stock-based compensation	4,266			4,266
Stock options exercised	5,109			(282)	(719)			6,110
Adjustments to Additional Paid in Capital, Income Tax Deficiency from Share-based Compensation	$ 283			283
Shares, Issued	(327,700)						(327,700)
Restricted stock awards granted	$ 0			(2,211)				2,211
Restricted stock awards granted (in shares)		0					118,800
Recognition of unrecognized tax benefit	10,003				10,003
Other (in shares)		22,469
Other	$ (196)		0	(153)	(43)
Common stock, shares at Oct. 31, 2015	37,609,563	37,609,563
Stockholders' equity, value at Oct. 31, 2015	$ 395,295		376	250,937	222,138	(10,049)		(68,107)
Treasury stock, shares at Oct. 31, 2015	(3,647,103)						(3,647,103)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ (1,859)				(1,859)
Foreign currency translation adjustment (net of taxes)	(26,838)					(26,838)
Change in pension from net unamortized gain	(1,878)					(1,878)
Common dividends ($0.16 per share)	$ (5,470)				(5,470)
Treasury Stock, shares acquired	(2,675,903)
Stock-based compensation activity:
Expense related to stock-based compensation	$ 6,089			6,089
Stock options exercised	3,400			(106)	(637)			4,143
Adjustments to Additional Paid in Capital, Income Tax Deficiency from Share-based Compensation	$ (146)			(146)
Shares, Issued	(221,850)						(221,850)
Restricted stock awards granted	$ 0			(1,591)	(6)			1,597
Restricted stock awards granted (in shares)		0					85,500
Other (in shares)		49,314
Other	$ (762)		0	(643)	(119)	0
Common stock, shares at Oct. 31, 2016	37,560,249	37,560,249
Stockholders' equity, value at Oct. 31, 2016	$ 367,831		$ 376	$ 254,540	$ 214,047	$ (38,765)		$ (62,367)
Treasury stock, shares at Oct. 31, 2016	(3,339,753)						(3,339,753)

Consolidated Statement of Stockholders' Equity (Parenthetical) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Statement of Stockholders' Equity [Abstract]
Foreign currency translation adjustment, tax benefit (expense)									$ 0	$ 0	$ 14
Cash dividends paid per common share (usd per share)	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.16	$ 0.16	$ 0.16
Change in pension from net unamortized loss tax benefit									$ 986	$ 534	$ 992

Consolidated Statements of Cash Flow - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Operating activities:
Net (loss) income	$ (1,859)	$ 16,093	$ 29,234
Adjustments to reconcile net (loss) income to cash provided by operating activities:
Depreciation and amortization	53,146	35,220	36,910
(Gain) loss on disposition of capital assets	(20)	495	586
Stock-based compensation	6,089	4,266	3,925
Deferred income tax	(8,469)	5,204	14,246
Excess tax benefit from share-based compensation	(136)	(60)	(654)
Noncash charge for deferred loan costs and debt discount	16,022	0	0
Goodwill impairment charges	12,602	0
Asset impairment charges	12,602	0	1,007
Gain on sale of discontinued operations	0	0	(39,122)
Gain on involuntary conversion	0	(1,263)	(2,408)
Other, net	(339)	19	(2,105)
Changes in assets and liabilities, net of effects from acquisitions:
Decrease in accounts receivable	796	2,668	484
Decrease (increase) in inventory	5,346	9,805	(25,650)
Decrease (increase) in other current assets	2,503	(1,304)	(1,098)
(Decrease) increase in accounts payable	(2,273)	(2,862)	12,842
Increase (decrease) in accrued liabilities	1,246	(576)	(6,871)
(Decrease) increase in income taxes	(365)	369	866
Increase (decrease) in deferred pension and postretirement benefits	588	(372)	(347)
Increase (decrease) in other long-term liabilities	956	(283)	(2,172)
Other, net	(93)	(294)	(3,105)
Cash provided by operating activities	86,418	67,087	20,778
Investing activities:
Net proceeds from sale of discontinued operations	0	0	107,431
Acquisitions, net of cash acquired	(245,904)	(131,689)	(5,161)
Capital expenditures	(37,243)	(29,982)	(33,779)
Proceeds from disposition of capital assets	1,044	264	832
Proceeds from property insurance claim	0	1,263	4,801
Cash (used for) provided by investing activities	(282,103)	(160,144)	74,124
Financing activities:
Borrowings under credit facility	634,800	117,000	0
Repayments of credit facility borrowings	(422,875)	(67,000)	0
Debt issuance costs	11,435	496	0
Repayments of other long-term debt	(2,185)	(1,020)	(175)
Common stock dividends paid	(5,470)	(5,515)	(5,992)
Issuance of common stock	3,400	5,109	3,249
Excess tax benefit from share-based compensation	136	60	654
Purchase of treasury stock	0	(52,719)	(22,281)
Other, net	0	0	86
Cash provided by (used for) financing activities	196,371	(4,581)	(24,459)
Effect of exchange rate changes on cash and cash equivalents	1,715	379	207
Increase (decrease) in cash and cash equivalents	2,401	(97,259)	70,650
Cash and cash equivalents at beginning of period	23,125	120,384	49,734
Cash and cash equivalents at end of period	$ 25,526	$ 23,125	$ 120,384

Nature of Operations and Basis of Presentation

12 Months Ended

Oct. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Nature of Operations and Basis of Presentation

1. Nature of Operations, Basis of Presentation and Significant Accounting Policies

Nature of Operations

Quanex Building Products Corporation is a component supplier to original equipment manufacturers (OEMs) in the building products industry. These components can be categorized as window and door (fenestration) components and kitchen and bath cabinet components. Examples of fenestration components 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. We also manufacture cabinet doors and other components for OEMs in the kitchen and bathroom cabinet industry. In addition, we provide certain other non-fenestration components and products, which include solar panel sealants, wood flooring, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. We have organized our business into three reportable operating segments. For additional discussion of our reportable operating segments, see Note 18, "Segment Information." We use low-cost production processes and engineering expertise to provide our customers with specialized products for their specific window, door, and cabinet applications. We believe these capabilities provide us with unique competitive advantages. We serve a primary customer base in North America and the United Kingdom, and also serve customers in international markets through our 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.

Basis of Presentation and Principles of Consolidation

Our consolidated financial statements have been prepared by us in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). We consolidate our wholly-owned subsidiaries and eliminate intercompany sales and transactions. We have no cost or equity investments in companies that are not wholly-owned. In our opinion, these audited financial statements contain all adjustments necessary to fairly present our financial position, results of operations and cash flows for the periods presented.

Use of Estimates

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 ongoing 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. During the year ended October 31, 2016, we recorded a change in estimate related to certain assets involved in restructuring activities, as more fully described under the caption "Restructuring."

A summary of our significant accounting policies consistently applied in the preparation of the accompanying consolidated financial statements follows:

Revenue Recognition

We recognize revenue when products are shipped and when title has passed to the customer. Revenue is deemed to be realized or earned when the following criteria are met: (a) persuasive evidence that a contractual sales arrangement exists; (b) delivery has occurred; (c) the price to the buyer is fixed or determinable; and (d) collection is reasonably assured. Sales allowances and customer incentives are treated as reductions to revenue and are provided for based on historical experience and current estimates.

Cash and Cash Equivalents

Cash equivalents include all highly liquid investments with an original maturity of three months or less. Such securities with an original maturity which exceeds three months are deemed to be short-term investments. We maintain cash and cash equivalents at several financial institutions, which at times may not be federally insured or may exceed federally insured limits. We have not experienced any losses in such accounts and believe we are not exposed to any significant credit risks on such accounts.

Concentration of Credit Risk and Allowance for Doubtful Accounts

Certain of our businesses or product lines are largely dependent on a relatively few large customers. Although we believe we have an extensive customer base, the loss of one of these large customers or if such customers were to incur a prolonged period of decline in business, our financial condition and results of operations could be adversely affected. For the year ended October 31, 2016, one customer provided 10% of our consolidated net sales. Amounts included in accounts receivable at October 31, 2016 related to this customer totaled $5.9 million. Each of two customers provided more than 10% of our consolidated net sales for the year ended October 31, 2015 (11% and 14%) and each of two customers provided more than 10% of our consolidated net sales for the year ended October 31, 2014 (11% and 15%). Amounts included in accounts receivable at October 31, 2015 related to these customers totaled $8.3 million and $5.0 million, respectively.

We have established an allowance for doubtful accounts to estimate the risk of loss associated with our accounts receivable balances. Our policy for determining the allowance is based on factors that affect collectability, including: (a) historical trends of write-offs, recoveries and credit losses; (b) the credit quality of our customers; and (c) projected economic and market conditions. We believe our allowance is adequate to absorb any known or probable losses as of October 31, 2016.

Business Combinations

We apply the acquisition method of accounting for business combinations in accordance with U.S. GAAP, which requires us to make use of estimates and judgments to allocate the purchase price paid for acquisitions to the fair value of the net assets and liabilities acquired. We use established valuation techniques and engage reputable valuation specialists to assist us with these valuations.

Inventory

We record inventory at the lower of cost or market value. Inventories are valued using the first-in first-out (FIFO) and last-in first-out (LIFO) methods, although LIFO is only used at two of our plant locations currently. We use the dollar-value link chain LIFO method, and the LIFO reserve is calculated on a consolidated basis in a single consolidated pool. The businesses that we acquire and integrate into our operations may value inventories using either the LIFO or FIFO method. Fixed costs related to excess manufacturing capacity have been expensed in the period, and therefore, are not capitalized into inventory. Inventory quantities are regularly reviewed and provisions for excess or obsolete inventory are recorded primarily based on our forecast of future demand and our estimates regarding current and future market conditions. Significant unanticipated variances to our forecasts could require a change in the provision for excess or obsolete inventory, resulting in a charge to net income during the period of the change.

Long-Lived Assets

Property, Plant and Equipment and Intangible Assets with Defined Lives

We make judgments and estimates related to the carrying value of property, plant and equipment, intangible assets with defined lives, and long-lived assets, which include determining when to capitalize costs, the depreciation and amortization methods to use and the useful lives of these assets. We evaluate these assets for impairment when there are indicators that the carrying values of these assets might not be recoverable. Such indicators of impairment may include changes in technology, significant market fluctuations, historical losses or loss of a significant customer, or other changes in circumstances that could affect the assets’ ability to generate future cash flows. When we evaluate these assets for impairment, we compare the sum of the undiscounted cash flows expected to result from the use and eventual disposition of the asset to its carrying value. If the carrying value exceeds the sum of the undiscounted cash flows, and there is no alternative use for the asset, we determine that the asset is impaired. To measure the impairment charge, we compare the carrying amount of the long-lived asset to its fair value, as determined by quoted market prices in active markets, if available, or by discounting the projected future cash flows using our incremental borrowing rate.This calculation of fair value requires us to develop and employ long-term forecasts of future operating results related to these assets. These forecasts are based on assumptions about demand for our products and future market conditions. Future events and unanticipated changes to these assumptions could require a provision for impairment, resulting in a charge to net income during the period of the change.

We monitor relevant circumstances, including industry trends, general economic conditions, and the potential impact that such circumstances might have on the valuation of our identifiable intangible assets with finite lives. Events and changes in circumstances that may cause a triggering event and necessitate such a review include, but are not limited to: a decrease in sales for certain customers, improvements or changes in technology, and/or a decision to discontinue the use of a trademark or trade name, or allow a patent to lapse. Such events could negatively impact the fair value of our identifiable intangible assets. In such circumstances, we may evaluate the underlying assumptions and estimates made by us in order to assess the appropriate valuation of these identifiable intangible assets and compare to the carrying value of the assets. We may be required to write down these identifiable intangible assets and record a non-cash impairment charge. When we originally value our intangible assets, we use a variety of techniques to establish the carrying value of the assets, including the relief from royalty method, excess current year earnings method and income method.

Changes in market conditions during the fourth quarter of 2016 impacted our long-term forecasts of future operating results with regard to the potential reduction of significant sales volume to a large customer of our United States vinyl operations, and lower-than-expected operating performance of our North American Cabinet Components business. We determined that these conditions were indicators of triggering events which necessitated an evaluation of certain long-term assets utilized in these businesses for potential impairment. We compared the projected undiscounted cash flows we expected to realize associated with these assets over the remaining useful lives of the primary operating assets to the net book value of the long-term assets, including goodwill, and determined that these assets were not impaired. Therefore, we did not record an impairment charge related to property, plant and equipment or intangible assets with defined lives during 2016. There were no indicators of triggering events noted for the years ended October 31, 2015 and 2014.

Software development costs, including costs incurred to purchase third-party software, are capitalized when we have determined that the technology is capable of meeting our performance requirements, and we have authorized funding for the project. We cease capitalization of software costs when the software is substantially complete and is ready for its intended use. The software is then amortized over its estimated useful life. When events or circumstances indicate the carrying value of internal use software might not be recoverable, we assess the recoverability of these assets by comparing the carrying value of the asset to the undiscounted future cash flows expected to be generated from the asset’s use, consistent with the methodology to test other property, plant and equipment for impairment.

Property, plant and equipment is stated at cost and is depreciated using the straight-line method over the estimated useful lives of the assets. We capitalize betterments which extend the useful lives or significantly improve the operational efficiency of assets. We expense repair and maintenance costs as incurred.

The estimated useful lives of our primary asset categories at October 31, 2016 were as follows:



	Useful Life (in Years)
Land improvements	7 to 25
Buildings	25 to 40
Building improvements	5 to 20
Machinery and equipment	2 to 15

Leasehold improvements are depreciated over the shorter of their estimated useful lives or the term of the lease.

Goodwill

We use the acquisition method to account for business combinations and to the extent that the purchase price exceeds the fair value of the net assets acquired, we record goodwill. In accordance with U.S. GAAP, we are required to evaluate our goodwill on a qualitative basis to determine if there are indicators of impairment. If there are no indicators, no further analysis is deemed necessary. However, if there are indicators of impairment or if events or circumstances indicate there may be a potential impairment, we perform an annual goodwill impairment test as of August 31, or more frequently if indicators of impairment exist. This impairment test requires a two-step approach as prescribed in ASC Topic 350 “Intangibles - Goodwill and Other” (ASC 350). The first step of the impairment test requires us to compare the fair value of each reporting unit to its carrying value including goodwill. To determine fair value of our reporting units, we use multiple valuation techniques including a discounted cash flow analysis, using the applicable weighted average cost of capital, in combination with a market approach. This test requires us to make assumptions about the future growth of our business and the market in general, as well as other variables such as the level of investment in capital expenditure, growth in working capital requirements and the terminal or residual value of our reporting units beyond the periods of estimated annual cash flows. We use a third-party valuation firm to assist us with this analysis. If the fair value of each reporting unit exceeds its carrying value, no further testing is required. Otherwise, we perform the second step of the impairment test whereby we compare the implied fair value of goodwill to its carrying value. The implied fair value of goodwill is determined by applying the acquisition method of accounting for a business combination to the reporting unit as if it were acquired. Under this method, the fair value of the reporting unit is deemed to be the purchase price. The assets and liabilities are recorded at their fair value and the remaining excess of fair value is the implied value of goodwill. An impairment loss is recorded to the extent that the carrying amount of the reporting unit goodwill exceeds the implied fair value of that goodwill. Our estimates of future cash flows and the residual values could differ from actual cash flows which may require a provision for impairment in a future period.

At our annual testing date, August 31, 2016, we had six reporting units with goodwill balances: three reporting units included in our NA Engineered Components operating segment, two reporting units included in our EU Engineered Components operating segment, and one reporting unit included in our NA Cabinet Components operating segment. Of the reporting units in our NA Engineered Components operating segment, we determined that the fair value of two of the reporting units well exceeded their respective book values (152% and 336%). However, one reporting unit, our United States vinyl extrusion business, recorded an impairment charge of $12.6 million, or 100% of the remaining goodwill for this unit. The impairment was the result of the anticipated loss of volume from a large customer over the forecast period. Of the two reporting units included in our EU Engineered Components operating segment, we determined that the fair value of these units well exceeded their respective book values (35% and 42%). For the reporting unit included in our NA Cabinet Components operating segment, we determined the fair value of the unit exceeded the carrying value by 7%.

Restructuring

We accrue one-time severance costs pursuant to an approved plan of restructuring at the communication date, when affected employees have been notified of the potential severance and sufficient information has been provided for the employee to calculate severance benefits, in the event the employee is involuntarily terminated. In addition, we accrue costs associated with the termination of contractual commitments including operating leases at the time the lease is terminated pursuant to the lease provisions or in accordance with another agreement with the landlord. Otherwise, we continue to recognize operating lease expense through the cease-use date. After the cease-use date, we determine if our operating lease payments are at market. We assume sublet of the facility at the market rate. To the extent our lease obligations exceed the fair value rentals, we discount to arrive at the present value and record a liability. If the facility is not sublet, we expense the amount of the sublet in the current period. For other costs directly related to the restructuring effort, such as equipment moving costs, we expense in the period incurred.

In October 2016, we announced the closure of three operating plants, two related to our United Stated vinyl operations, and one related to our kitchen and bathroom cabinet door business in Mexico. We expensed $0.5 million pursuant to these restructuring efforts at October 31, 2016, including an accrual for one-time severance cost of $0.4 million included in accrued liabilities in the accompanying consolidated balance sheet. Our facility lease obligations were deemed to be at fair market value and we have not yet negotiated exit from these lease obligations. We expect to incur costs related to equipment moves, potential fixed asset retirements and inventory adjustments related to these restructuring efforts during fiscal 2017.

In addition, we evaluated the remaining depreciable lives of property, plant and equipment that will be abandoned or otherwise disposed as of the cease-use date of these plants. We recorded a change in estimate associated with the remaining useful lives of these assets which resulted in an increase in depreciation expense of $1.0 million for the year ended October 31, 2016, and we expect to incur incremental depreciation expense totaling $1.6 million associated with these assets during fiscal 2017. Furthermore, we evaluated the remaining service lives of intangible assets with defined lives associated with our United Stated vinyl extrusion business and recorded a change in estimate associated with the remaining useful lives of a customer relationship intangible and a utility process intangible asset resulting in an increase in amortization expense of $0.3 million for the year ended October 31, 2016, and we expect to incur incremental amortization expense totaling $1.0 million associated with these intangible assets during fiscal 2017.

Insurance

We manage our exposure to losses for workers’ compensation, group medical, property, casualty and other insurance claims through a combination of self-insurance retentions and insurance coverage with third-party carriers. We record undiscounted liabilities associated with our portion of these exposures, which we estimate by considering various factors such as our historical claims experience, severity factors and estimated claims incurred but not reported, for which we have developed loss development factors, which are estimates as to how claims will develop over time until closed. While we consider a number of factors in preparing the estimates, sensitive assumptions using significant judgment are made in determining the amounts that are accrued in the financial statements. Actual claims could differ significantly from these estimated liabilities, depending on future claims experience. We do not record insurance recoveries until any contingencies relating to the claim have been resolved.

Retirement Plans

We sponsor a defined benefit pension plan and an unfunded postretirement plan that provides health care and life insurance benefits for a limited pool of eligible retirees and dependents. To measure our liabilities associated with these plans, we make assumptions related to future events, including expected return on plan assets, rate of compensation increases, and healthcare cost trend rates. The discount rate reflects the rate at which benefits could be effectively settled on the measurement date. We determine our discount rate using a RATE: Link Model whereby target yields are developed from bonds across a range of maturity points, and a curve is fitted to those targets. Spot rates (zero coupon bond yields) are developed from the curve and used to discount benefit payments associated with each future year. Actual pension plan asset investment performance, as well as other economic experience such as discount rate and demographic experience, will either reduce or increase unamortized pension losses at the end of any fiscal year, which ultimately affects future pension costs.

Warranty Obligations

We accrue warranty obligations when we recognize revenue for certain products. Our provision for warranty obligations is based on historical costs incurred for such obligations and is adjusted, where appropriate, based on current conditions and factors. Our ability to estimate our warranty obligations is subject to significant uncertainties, including changes in product design and our overall product sales mix.

Income Taxes

We record the estimated future tax effects of temporary differences between the tax basis of assets and liabilities and the amounts reported in our consolidated balance sheets, as well as net operating losses and tax credit carry forwards. We evaluate the carrying value of the net deferred tax assets and determine whether we will be able to generate sufficient future taxable income to realize our deferred tax assets. We perform this review for recoverability on a jurisdictional basis, whereby we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets. The weight given to the positive and negative evidence is commensurate with the extent to which the evidence can be objectively verified. Cumulative losses in recent years is a significant piece of negative evidence that is difficult to overcome in determining that a valuation allowance is not needed against deferred tax assets. Thus, it is generally difficult for positive evidence regarding projected future taxable income exclusive of reversing taxable temporary differences to outweigh objective negative evidence of recent financial reporting losses. We recorded a net loss for the year ended October 31, 2016. However, we have recorded pre-tax cumulative income from continuing operations of $31.3 million for the three-year period ended October 31, 2016. We believe we will fully realize our deferred tax assets, net of recorded valuation allowance. We project future taxable income using the same forecasts used to test long-lived assets and intangibles for impairment, scheduling out the future reversal of existing taxable temporary differences and reviewing our most recent financial operations. In the event the estimates and assumptions indicate we will not generate sufficient future taxable income to realize our deferred tax assets, we record a valuation allowance against a portion of our deferred tax assets.

We evaluate our on-going tax positions to determine if it is more-likely-than-not we will be successful in defending such positions if challenged by taxing authorities. To the extent that our tax positions do not meet the more-likely-than-not criteria, we record a liability for uncertain tax positions. Historically, we have recorded a liability for uncertain tax positions which stem from an unrecognized tax benefit from our 2008 spin-off from our predecessor parent company, as well as certain state tax items regarding the interpretation of tax laws and regulations. In January 2015, we reversed the liability for uncertain tax positions related to the 2008 spin-off based on the issuance of a no change letter from the Internal Revenue Service (Note 11, "Income Taxes"). We continue to evaluate our positions regarding various state tax interpretations at each reporting date, until the applicable statute of limitations lapse.

Derivative Instruments

We have historically used financial and commodity-based derivative contracts to manage our exposure to fluctuations in foreign currency exchange rates and aluminum prices. All derivatives are measured at fair value on a recurring basis and the methodology and classifications are discussed further in Note 13, "Derivative Instruments." We have not designated the derivative instruments we use as cash flow hedges under ASC Topic 815 "Derivatives and Hedging” (ASC 815). Therefore, all gains and losses, both realized and unrealized, are recognized in the consolidated statements of income (loss) in the period of the change as the underlying assets and liabilities are marked-to-market. We do not enter into derivative instruments for speculative or trading purposes. As such, these instruments are considered economic hedges, and are reflected in the operating activities section of the consolidated statements of cash flow.

Foreign Currency Translation

Our consolidated financial statements are presented in our reporting currency, the United States Dollar. Our German and United Kingdom operations are measured using the local currency as the functional currency. The assets and liabilities of our foreign operations which are denominated in other currencies are translated to United States Dollars using the prevailing exchange rates as of the balance sheet date. Revenues and expenses are translated at the average exchange rates for the applicable period. The resulting translation adjustments are recorded as a component of accumulated other comprehensive loss on the consolidated balance sheets.

Occasionally, we enter into transactions that are denominated in currencies other than our functional currency. At each balance sheet date, we translate these asset or liability accounts to our functional currency and record unrealized transaction gains or losses. When these assets or liabilities settle, we record realized transaction gains or losses. These realized and unrealized gains or losses are included in the accompanying consolidated statements of income (loss) under the caption, “Other, net.”

Stock–Based Compensation

We have issued stock-based compensation in the form of stock options to directors, employees and officers, and non-vested restricted stock awards to certain key employees and officers. We apply the provisions of ASC Topic 718 “Compensation - Stock Compensation” (ASC 718), to determine the fair value of stock option awards on the date of grant using the Black-Scholes valuation model. We recognize the fair value as compensation expense on a straight-line basis over the requisite service period of the award based on awards ultimately expected to vest. Stock options granted to directors vest immediately while the stock options granted to our employees and officers typically vest ratably over a three-year period with service and continued employment as the vesting conditions. For new option grants to retirement-eligible employees, we recognize expense and vest immediately upon grant, consistent with the retirement vesting acceleration provisions of these grants. For employees near retirement age, we amortize such grants over the period from the grant date to the retirement-eligibility date if such period is shorter than the standard vesting schedule. For grants of non-vested restricted stock, we calculate the compensation expense at the grant date as the number of shares granted multiplied by the closing stock price of our common stock on the date of grant. This expense is recognized ratably over the vesting period. Our non-vested restricted stock grants to officers and employees cliff vest over a three-year period with service and continued employment as the only vesting criteria. Our fair value determination of stock-based payment awards on the date of grant using an option-pricing model is affected by our stock price as well as assumptions regarding a number of highly complex and subjective variables. These variables include, but are not limited to, our expected stock price volatility over the term of the awards, actual and projected employee stock option exercise behavior over the expected term, our dividend rate, risk-free rate and expectation with regards to forfeitures. Option-pricing models were developed for use in estimating the value of traded options that have no vesting or hedging restrictions and are fully transferable. Because our employee stock options have certain characteristics that are significantly different from traded options, and because changes in the subjective assumptions can materially affect the estimated value, the valuation models may not provide an accurate measure of the fair value of our employee stock options. Accordingly, that value may not be indicative of the fair value observed in a willing buyer/willing seller market transaction.

We have granted other awards which are linked to the performance of our common stock, but will settle in cash rather than the issuance of shares of our common stock. The value of these awards fluctuates with changes in our stock price, with the resulting gains or losses reflected in the period of the change.We have recorded current and non-current liabilities related to these awards reflected in the accompanying consolidated balance sheets at October 31, 2016 and 2015. See Note 15, “Stock-based Compensation.”

In addition, we have granted performance share units which settle in cash and shares. These awards have vesting criteria based on a market condition (relative total shareholder return) and an internal performance condition (earnings per share growth). We utilize a Monte Carlo simulation model to value the market condition and our stock price on the date of grant to value the internal performance condition. We bifurcate the liability and equity portion of the awards (amounts expected to settle in cash and shares, respectively) and recognize expense ratably over the vesting period of three years.

Treasury Stock

We use the cost method to record treasury stock purchases whereby the entire cost of the acquired shares of our common stock is recorded as treasury stock (at cost). When we subsequently reissue these shares, proceeds in excess of cost upon the issuance of treasury shares are credited to additional paid in capital, while any deficiency is charged to retained earnings.

Earnings per Share Data

We calculate basic earnings per share based on the weighted average number of our common shares outstanding for the applicable period. We calculate diluted earnings per share based on the weighted average number of our common shares outstanding for the period plus all potentially dilutive securities using the treasury stock method, whereby we assume that all such shares are converted into common shares at the beginning of the period, if deemed to be dilutive. If we incur a loss from continuing operations, the effect of potentially dilutive common stock equivalents (stock options and unvested restricted stock awards) are excluded from the calculation of diluted earnings per share because the effect would be anti-dilutive. Performance shares are excluded from contingent shares for purposes of calculating diluted weighted average shares until the performance measure criteria is probable and shares are likely to be issued.

Supplemental Cash Flow Information

The following table summarizes our supplemental cash flow information for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Cash paid for interest	$	14,594		$	830		$	361
Cash paid for income taxes	3,004			2,561			3,046
Cash received for income tax refunds	1,949			403			66
Noncash investing and financing activities:
Share value cancelled to satisfy tax withholdings	666			153			155
Recognition of unrecognized tax benefit	—			10,883			1,977
Debt assumed in acquisition	—			7,673			—
Debt discount on Term Loan B	6,200			—			—
(Decrease) increase in capitalized expenditures in accounts payable and accrued liabilities	$	(32	)	$	(204	)	$	1,398

Discontinued Operations

In accordance with ASC Topic 205-20 “Presentation of Financial Statements-Discontinued Operations” (ASC 205), we present the results of operations of businesses which have been sold or meet the criteria to be classified as held for sale on a consolidated basis as a separate caption below net income (loss) from continuing operations, net of tax. We also aggregate the assets and liabilities associated with discontinued operations and present separately as a component of current assets, long-term assets, current liabilities and long-term liabilities, as applicable, in the accompanying balance sheets. If an impairment loss is indicated and the fair value of the net assets exceeds the carrying value at the balance sheet date, we record an impairment loss in the period the net assets are classified as held for sale. We cease depreciation of assets which are classified as held for sale. We use our judgment to ascertain when a business meets the criteria to be accounted for as a discontinued operation, applying the U.S. GAAP standard to determine if there will be a strategic shift in the business as a result of the disposal. Changes in circumstances or our level of future involvement with a business that has been sold may impact how we account for 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 the 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 working capital adjustment of $2.6 million which we paid in June 2014, resulting in a gain on the transaction of $24.1 million, net of related taxes of $15.0 million. We paid $0.4 million to reimburse Aleris for certain severance costs related to Nichols employee terminations in accordance with the purchase agreement, which reduced the pre-tax gain on the sale. We entered into a transition services agreement whereby we provided certain administrative services to Nichols through May 31, 2014, including information technology support, benefit administration and payroll services.

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 consolidated statements of income (loss), as applicable. 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 during fiscal 2014 are presented as operating, investing and financing cash flows, as applicable, combined with such cash flows for continuing operations, 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 anticipated under the transition services agreement constituted significant continuing involvement with Nichols. Since these purchases are 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 years ended October 31, 2016, 2015 and 2014 were $4.2 million, $9.5 million and $14.9 million, respectively.

As of October 31, 2016, we recorded a receivable from Aleris of less than $0.1 million, which represented reimbursable costs, primarily associated with workers compensation and health insurance claims. We expect to continue to incur costs associated with these claims which will be reimbursable from Aleris.

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 cost 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. This insurance claim was settled in July 2015. We received insurance proceeds of $6.1 million, of which $1.3 million was received in 2015, resulting in a recognized gain on involuntary conversion of $3.7 million.

The following table summarizes the operating results for Nichols for the year ended October 31, 2014:



	October 31, 2014
	(in thousands)
Net sales	$	142,797
Operating loss	(5,094		)
Loss before income taxes, before gain on sale	(5,111		)
Income tax benefit, before gain on sale	1,947
Gain on sale, net of tax of $15,062	24,060
Net income	$	20,896
Basic earnings per common share	$	0.57
Diluted earnings per common share	$	0.56

Subsequent Events

We have evaluated events occurring after the balance sheet date for possible disclosure as a subsequent event through the date the financial statements were issued.

Acquisitions

12 Months Ended

Oct. 31, 2016

Business Combinations [Abstract]

Acquisitions

2. Acquisitions

Woodcraft

On November 2, 2015, we completed a merger of QWMS, Inc., a Delaware corporation which was a newly-formed and wholly-owned Quanex subsidiary, and WII Holding, Inc. (WII), a Delaware corporation. Upon satisfaction or waiver of conditions set forth in the merger agreement, QWMS, Inc. merged with and into WII, and WII became our wholly-owned subsidiary, and, as a result, we acquired all the subsidiaries of WII (referred to collectively as Woodcraft). Woodcraft is a manufacturer of cabinet doors and other components to OEMs in the kitchen and bathroom cabinet industry. Woodcraft operated 12 plants within the United States and one in Mexico. On October 31, 2016, we announced the closure of the Woodcraft plant in Mexico. We paid $245.9 million in cash, net of cash acquired and including certain holdbacks with regard to potential indemnity claims, and received less than $0.1 million from the seller as a working capital true-up, resulting in goodwill totaling $113.7 million. For the period from the date of acquisition, November 2, 2015 through October 31, 2016, our consolidated operating results include revenues of $223.4 million and net income of $4.1 million associated with Woodcraft. Included in these results is a restructuring charge of $0.1 million, as more fully described in Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Restructuring." We believe this acquisition expanded our business into a new segment of the building products industry, which is experiencing growth and which is less susceptible to the impact of seasonality due to inclement weather.

The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below. During the year ended October 31, 2016, we adjusted goodwill as of November 2, 2015, reflecting changes in valuation estimates during the measurement period related to inventory, fixed assets, accounts receivable, accrued liabilities and the related current and deferred tax effects.



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	23,944
Inventory	29,552
Prepaid and other current assets	4,081
Property, plant and equipment	63,154
Goodwill	113,747
Intangible assets	62,900
Other non-current assets	24
Accounts payable	(4,620		)
Accrued expenses	(9,492		)
Deferred income tax liabilities, net	(37,386		)
Net assets acquired	$	245,904
Consideration:
Cash, net of cash and cash equivalents acquired	$	245,904

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. Intangible assets related to the Woodcraft acquisition as of November 2, 2015 included $62.8 million of customer relationships and other intangibles of less than $0.1 million, with original estimated useful lives of 12 years and 1 year, respectively. These intangible assets will be amortized on a straight-line basis. The goodwill balance is not deductible for tax purposes. Woodcraft is allocated entirely to our North American Cabinet Components reportable operating segment.

HLP

On June 15, 2015, we acquired the outstanding ownership shares of Flamstead Holdings Limited, an extruder of vinyl lineal 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 goodwill on the transaction of approximately $61.3 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 (renamed in 2016 as Avantek Machinery), and Liniar Limited (collectively referred to as “HLP”) each of which is 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 could select a base year upon which to calculate the earn-out (one of the next three succeeding twelve-month periods ended July 31). In August 2016, the former owner selected the twelve-month period ended July 31, 2016 as the measurement period for the earn-out calculation. The final earn-out liability totaled $8.4 million at October 31, 2016 and is recorded under the caption "Accrued Liabilities" in the accompanying consolidated balance sheet. On November 7, 2016, we paid $8.5 million to settle the earn-out, which included a foreign currency adjustment of $0.1 million.

We assumed operating leases associated with the HLP acquisition for which our lessors are entities that were either wholly-owned subsidiaries or affiliates of Flamstead Holdings Limited prior to the pre-acquisition reorganization, and in which a former owner, who is now our employee, has an ownership interest. These leases include our primary operating facilities, a finished goods warehouse and a mixing plant. The lease for the manufacturing plant has a 20-year term which began in 2007, the lease for the warehouse has a 15-year term which began in 2012, and the lease for the mixing plant has a 13.5-year term which began in 2013. We have recorded rent expense of approximately $0.4 million pursuant to these agreements for the period June 15, 2015 to October 31, 2015 and $1.3 million for the year ended October 31, 2016. Future commitments of $15.4 million under these lease arrangements are included in our operating lease commitments disclosed in Note 12, "Commitments and Contingencies."

We believe the acquisition of HLP: (1) expanded our international presence in the global fenestration business, particularly in the United Kingdom housing market; (2) expanded 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.

Our consolidated operating results associated with HLP for the period from the date of acquisition, June 15, 2015 through October 31, 2015 include revenues of $42.2 million and net income of $1.5 million, respectively.

The purchase price has been allocated to the fair value of the assets acquired and liabilities assumed, as indicated in the table below. 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 were recorded as period costs as incurred. We recorded expense of $0.1 million related to the change in contingent consideration for the period from June 15, 2015 to October 31, 2015 and $0.1 million for the year ended October 31, 2016. In addition, we recorded certain adjustments related to the fair value of fixed assets, inventory and other assets resulting in a decrease in goodwill of $0.4 million during the period from June 15, 2015 to October 31, 2015 and $0.6 million during the measurement period which ended on January 31, 2016.



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	12,104
Inventory	16,015
Prepaid and other assets	722
Property, plant and equipment	27,218
Goodwill	61,323
Intangible assets	61,101
Other non-current assets	2,252
Accounts payable	(9,375		)
Income taxes payable	(948		)
Accrued expenses	(6,239		)
Deferred tax liabilities	(14,492		)
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 use 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 manufactured 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 consolidated statement of income (loss) for the year ended October 31, 2014.

In October 2016, we announced plans to close the Greenville plant as part of a restructuring plan of our United States vinyl extrusion business, as more fully described in Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Restructuring."

Pro Forma Results

We calculated the pro forma impact of the HLP and Woodcraft acquisitions and the associated debt financing on our operating results for the twelve months ended October 31, 2015 and 2014. The following pro forma results give effect to these acquisitions, assuming these transactions occurred on November 1 of the respective periods.



	Pro Forma Results
	For the Years Ended
	October 31, 2015		October 31, 2014
	(In thousands, unaudited)
Net sales	$	935,196	$	929,751
Income from continuing operations	$	26,587	$	24,915
Net income	$	27,066	$	16,931
Basic earnings per share	$	0.77	$	0.46
Diluted earnings per share	$	0.77	$	0.45

We derived the pro forma results for the HLP and Woodcraft acquisitions based on historical financial information obtained from the sellers and certain management assumptions. Our pro forma adjustments relate to incremental depreciation and amortization expense associated with property, plant and equipment and intangible assets and interest expense associated with borrowings to effect the transactions, assuming a November 1, 2013 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 acquisitions of HLP and Woodcraft been completed on November 1 of the respective periods, or that 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 year ended October 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
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-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=56956791&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=56956515&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

+ Details

Receivables & Allowance

12 Months Ended

Oct. 31, 2016

Receivables [Abstract]

Accounts Receivable and Allowance for Doubtful Accounts

3. Accounts Receivable and Allowance for Doubtful Accounts

Accounts receivable consisted of the following as of October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Trade receivables	$	83,384	$	64,156
Other	492		597
Total	$	83,876	$	64,753
Less: Allowance for doubtful accounts	251		673
Accounts receivable, net	$	83,625	$	64,080

The changes in our allowance for doubtful accounts were as follows:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Beginning balance as of November 1, 2015, 2014 and 2013, respectively	$	673		$	698		$	481
Bad debt (benefit) expense	(67		)	25			359
Amounts written off	(371		)	(66		)	(192		)
Recoveries	16			16			50
Balance as of October 31,	$	251		$	673		$	698

Inventories

12 Months Ended

Oct. 31, 2016

Inventory Disclosure [Abstract]

Inventories

4. Inventories

Inventories consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Raw materials	$	50,584	$	36,865
Finished goods and work in process	36,886		32,206
Supplies and other	1,859		2,064
Total	$	89,329	$	71,135
Less: Inventory reserves	4,994		8,106
Inventories, net	$	84,335	$	63,029

The changes in our inventory reserve accounts were are follows for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Beginning balance as of November 1, 2015, 2014 and 2013, respectively	$	8,106		$	5,757		$	5,040
Charged (credited) to cost of sales	8			2,853			960
Write-offs	(3,048		)	(504		)	(243		)
Other	(72		)	—			—
Balance as of October 31,	$	4,994		$	8,106		$	5,757

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 October 31, 2016 and 2015 were valued using the following costing methods:



	October 31,
	2016		2015
	(In thousands)
LIFO	$	4,017	$	3,642
FIFO	80,318		59,387
Total	$	84,335	$	63,029

For inventories valued using the LIFO method, replacement cost exceeded the LIFO value by approximately $1.1 million and $1.3 million as of October 31, 2016 and 2015, respectively. There were no liquidations of LIFO costing layers during the fiscal years ended October 31, 2016 and 2015, however we did reduce the LIFO reserve and record a corresponding decrease to cost of sales of approximately $0.3 million for the year ended October 31, 2016 and less than $0.1 million for the years ended October 31, 2015 and 2014, respectively.

We record LIFO reserve adjustments as corporate expenses so that our chief operating decision maker can review the operations of our operating segments on a consistent FIFO or weighted-average basis. We calculate our LIFO reserve adjustments on a consolidated basis in a single pool using the dollar-value link chain method.

For our business acquisitions which have inventory balances, we integrate these operations and allow the use of either the LIFO or FIFO costing method. The inventory costing methods selected by these acquired businesses depends upon the facts and circumstances that exist at the time, and may include expected inventory quantities and expected future pricing levels. We perform this evaluation for each business acquired individually.

Property, Plant & Equipment

12 Months Ended

Oct. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure

5. Property, Plant and Equipment

Property, plant and equipment consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Land and land improvements	$	10,264	$	2,149
Buildings and building improvements	76,710		50,050
Machinery and equipment	340,665		292,188
Construction in progress	15,986		13,797
Property, plant and equipment, gross	443,625		358,184
Less: Accumulated depreciation	245,128		217,512
Property, plant and equipment, net	$	198,497	$	140,672

Depreciation expense for continuing operations for the years ended October 31, 2016, 2015, and 2014 was $36.2 million, $26.2 million and $24.8 million, respectively.

Assets recorded under capital leases had a historical cost of $7.1 million and $9.4 million, respectively, and accumulated depreciation of $0.9 million and $0.6 million, respectively as of October 31, 2016 and 2015. Depreciation expense related to these assets totaled $0.8 million, $0.5 million and $0.1 million for the periods ended October 31, 2016, 2015 and 2014, respectively. Refer to Note 8, Debt and Capital Lease Obligations for additional information on capital leases.

If there are indicators of potential impairment, we evaluate our property, plant and equipment for recoverability over the remaining useful lives of the assets. We recorded an asset impairment charge related to specific assets that were held for sale for the year ended October 31, 2014 of $0.5 million. We did not have impairments for the years ended October 31, 2016 or 2015. See further discussion at Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Long-Lived Assets - Plant and Equipment and Intangible Assets with Defined Lives."

Goodwill and Intangible Assets

12 Months Ended

Oct. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Acquired Intangible Assets

6. Goodwill and Intangible Assets

Goodwill

The change in the carrying amount of goodwill for the years ended October 31, 2016 and 2015 was as follows:



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015 and 2014	$	129,770		$	70,546
Acquisitions	113,747			61,524
Goodwill impairment charge	(12,602		)	—
Other	(575		)	—
Foreign currency translation adjustment	(13,305		)	(2,300		)
Balance as of October 31,	$	217,035		$	129,770

At our annual testing date, August 31, 2016, we had six reportable units with goodwill balances. Three of these units were included in our NA Engineered Components segment and had goodwill balances of $12.6 million, $35.9 million and $2.8 million, two units were included in our EU Engineered Components segment with goodwill balances of $48.1 million and $16.4 million, and our NA Cabinet Components segment had one unit with a goodwill balance of $113.7 million. During 2016, we recorded an impairment charge of $12.6 million as more fully described at Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Long-Lived Assets - Goodwill." We did not incur an impairment charge related to goodwill for the years ended October 31, 2015 or 2014.

Identifiable Intangible Assets

Amortizable intangible assets consisted of the following as of October 31, 2016 and 2015:



	October 31, 2016	October 31, 2016				October 31, 2015
	Remaining Weighted Average Useful Life	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
		(In thousands)
Customer relationships	7 years	$	152,146	$	35,693	$	98,750	$	24,628
Trademarks and trade names	12 years	55,481		26,288		58,916		23,416
Patents and other technology	4 years	24,571		16,037		25,881		15,158
Other	1 year	100		100		1,767		1,302
Total		$	232,298	$	78,118	$	185,314	$	64,504

We do not estimate a residual value associated with these intangible assets. During October 2016, we determined that a triggering event occurred which necessitated a review of our long-term assets. Based on an undiscounted cash flow analysis, we determined that our defined-lived intangible assets were not impaired. In addition, we shortened the life of several defined-lived intangible assets, which resulted in the recognition of incremental amortization expense of $0.3 million for the year ended October 31, 2016. See additional disclosure at Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Restructuring."

Included in net intangible assets as of October 31, 2016 were customer relationships of $57.6 million related to the Woodcraft acquisition. These intangible assets will be amortized on a straight-line basis. See Note 2, "Acquisitions", included herewith. During 2016, we retired fully amortized identifiable intangible assets of $3.1 million, including prepaid licenses totaling $1.4 million.

The aggregate amortization expense associated with identifiable intangible assets for the years ended October 31, 2016, 2015 and 2014 was $16.9 million, $10.2 million and $9.1 million, respectively.

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



	Estimated Amortization Expense
2017	$	18,263
2018	15,892
2019	15,104
2020	14,045
2021	12,327
Thereafter	78,549
Total	$	154,180

We did not incur impairment losses related to our identifiable intangible assets during the years ended October 31, 2016, 2015, or 2014.

- 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

Accrued Liabilities

12 Months Ended

Oct. 31, 2016

Accrued Liabilities [Abstract]

Accrued Liabilities

7. Accrued Liabilities

Accrued liabilities consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Payroll, payroll taxes and employee benefits	$	27,406	$	16,928
Accrued insurance and workers compensation	3,946		2,945
Sales allowances	6,197		6,216
Deferred compensation	362		331
Deferred revenue	238		987
Warranties	295		309
Audit, legal, and other professional fees	2,456		1,862
Accrued taxes	2,151		2,572
Accrued rent	120		196
Earn-out liability⁽¹⁾	8,376		—
Other	3,554		5,018
Accrued liabilities	$	55,101	$	37,364


⁽¹⁾	Amount relates to acquisition earn-out payment for HLP, paid on November 7, 2016. For additional details, see Note 2, "Acquisitions" located elsewhere herein.

Debt and Capital Lease Obligations

12 Months Ended

Oct. 31, 2016

Debt Disclosure [Abstract]

Debt and Capital Lease Obligations

8. Debt and Capital Lease Obligations

Long-term debt consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016			2015
	(In thousands)
Revolving Credit Facility	$	120,000		$	50,000
Term Loan A	148,125			—
City of Richmond, Kentucky Industrial Building Revenue Bonds	400			500
Capital lease obligations	3,683			6,900
Unamortized deferred financing fees	$	(2,677	)	$	(1,274	)
Total debt	$	269,531		$	56,126
Less: Current maturities of long-term debt	10,520			2,359
Long-term debt	$	259,011		$	53,767

Revolving Credit Facility

On January 28, 2013, we entered into a Senior Unsecured Revolving Credit Facility (the 2013 Credit Facility) that had a five-year term and permitted aggregate borrowings at any time of up to $150 million, with a letter of credit sub-facility, a swing line sub-facility and a multi-currency sub-facility. Borrowings denominated in United States dollars bore interest at a spread above LIBOR or a base rate derived from the prime rate. Foreign denominated borrowings bore interest at a spread above the LIBOR applicable to such currencies. Subject to customary conditions, we could have requested that the aggregate commitments under the 2013 Credit Facility be increased by up to $100 million, with total commitments not to exceed $250 million.

The 2013 Credit Facility required us to comply with certain financial covenants and limited the amount available for us to borrow based upon consolidated EBITDA, as defined, less the amount of outstanding debt and letters of credit, further subject to our Minimum Interest Coverage Ratio and Maximum Consolidated Leverage Ratio requirements, as defined in the credit agreement. Specifically, we could 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 was the ratio of consolidated EBITDA to consolidated interest expense, in each case for the previous four consecutive fiscal quarters. EBITDA was 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 2013 Credit Facility was a function of: (1) our trailing twelve month EBITDA; (2) the Minimum Interest Coverage Ratio and Maximum Consolidated Leverage Ratio allowed under the 2013 Credit Facility; and (3) the aggregate amount of our outstanding debt and letters of credit. As of October 31, 2015, we were in compliance with the financial covenants set forth in the 2013 Credit Facility, as indicated in the table below:



	Required		Actual
Minimum Interest Coverage Ratio	No less than	3.00:1	69.71:1
Maximum Consolidated Leverage Ratio	No greater than	3.25:1	0.92:1

Effective June 15, 2015, in conjunction with the acquisition of HLP, we borrowed $92.0 million, at a weighted average borrowing rate of 1.28%, under the 2013 Credit Facility and subsequently repaid $42.0 million prior to October 31, 2015. As of October 31, 2015, we had outstanding revolver borrowings of $48.7 million, net of unamortized deferred financing fees of $1.3 million, outstanding letters of credit of $5.9 million, and the remaining amount available to us for use under the 2013 Credit Facility was $86.6 million. Our borrowing rates under the 2013 Credit Facility were 3.50% and 1.45% for the swing-line sub facility and the revolver, respectively, at October 31, 2015.

On November 2, 2015, we refinanced and retired the 2013 Credit Facility by entering into a $310.0 million Term Loan Credit Agreement and a $100.0 million ABL Credit Agreement (collectively the “2015 Credit Facilities”) with Wells Fargo, National Association, as Agent, and Bank of America, N.A. serving as Syndication Agent. The term loan portion of the 2015 Credit Facilities was to mature on November 2, 2022, and required quarterly principal payments equal to 0.25% of the aggregate borrowings. Interest was computed, at our election, based on a Base Rate plus applicable margin of 4.25%, or LIBOR plus applicable margin of 5.25% (with the stipulation that LIBOR could not be less than 1%). In the event of default, outstanding borrowings would accrue interest at the Default Rate, as defined, whereby the obligations would bear interest at a per annum rate equal to 2% above the total per annum rate otherwise applicable. The term loan provided for incremental term loan commitments for a minimum principal amount of $25.0 million, up to an aggregate amount of $50.0 million, to the extent that such borrowings did not cause the Consolidated Senior Secured Leverage Ratio to exceed 3.00 to 1.00. The term loan agreement permitted prepayment of the term loan of at least an aggregate amount of $5.0 million, or any whole multiple of $1.0 million, in excess thereof without penalty, except if such prepayment was made on or before November 2, 2016, we would pay a fee equal to 1% of such prepayment. The ABL portion of the 2015 Credit Facilities was to mature on November 2, 2020 with no stated principal repayment terms prior to maturity. Borrowing capacity and availability was determined based upon the dollar equivalent of certain working capital items including receivables and inventory, subject to eligibility as determined by Wells Fargo, National Association, as Administrative Agent, up to the facility maximum of $100.0 million. Interest was computed, at our election, on a grid as the Base Rate plus an Applicable Margin, as defined in the agreement, or LIBOR plus an Applicable Margin. The Applicable Margin is outlined in the following table:



Level	Average Aggregate Excess Availability	Applicable Margin Relative to Base Rate Loans	Applicable Margin Relative to LIBOR Rate Loans
I	> 66.7% of the Maximum Revolver Amount	0.50 percentage points	1.50 percentage points
II	< 66.7% of the Maximum Revolver Amount and 33.3% of the Maximum Revolver Amount	0.75 percentage points	1.75 percentage points
III	< 33.3% of the Maximum Revolver Amount	1.00 percentage points	2.00 percentage points

With regard to the applicable margin calculation, Level I was applied for the duration of the 2015 Credit Facilities.

In addition, the ABL portion of the 2015 Credit Facilities required payment of a commitment fee (unused line fee) in accordance with the following table:



Level	Average Revolver Usage	Applicable Unused Line Fee Percentage
I	> 50% of the Maximum Revolver Amount	0.25 percentage points
II	< 50% of the Maximum Revolver Amount	0.375 percentage points

With regard to the unused line fee, Level II was applied for the duration of the 2015 Credit Facilities.

The 2015 Credit Facility contained restrictive debt covenants which included: (1) as of the last day of each fiscal quarter through October 30, 2017, our Consolidated Total Leverage Ratio, as defined in the agreement, must not exceed 4.50 to 1.00. For the last day of each fiscal quarter after October 30, 2017, this ratio cannot exceed 4.00 to 1.00; (2) as of the last day of each fiscal month, we must maintain a trailing twelve-month Consolidated Fixed Charge Coverage Ratio, as defined in the agreement, of at least 1.10 to 1.00; (3) if our ABL Revolver Usage, as defined, exceeds the Borrowing Base, we must repay the excess amount on an accelerated basis to bring down the borrowing level; (4) if we receive consideration for the sale of assets other than “permitted assets” or for any insurance or condemnation event related to the ABL collateral, we are required to repay this amount as an ABL prepayment; if such payment is received with regards to assets that are not related to the ABL collateral, then we are required to repay this amount as a term loan prepayment; and (5) for each year we have “Excess Cash Flow,” as defined, we are required to make a mandatory prepayment of the term loan calculated in accordance with the terms outlined in the credit agreement.

Furthermore, the 2015 Credit Facilities required periodic reporting, as well as monthly borrowing base calculation pursuant to the ABL portion of the facility, and could restrict or limit our ability to engage in certain business activities such as: (1) future business acquisitions or liquidations; (2) incurring new indebtedness, liens or encumbrances; (3) merging or consolidating operations; (4) disposing of significant assets; (5) prepaying subordinated debt; (6) engaging in certain transactions with affiliates; or (7) modifying incentive plans or governance documents, amongst other restrictions (including a limitation on annual dividend payments of $8.0 million).

On July 29, 2016, we refinanced and retired the 2015 Credit Facilities and entered into a $450.0 million credit agreement comprised of a $150.0 million Term Loan A and a $300.0 million revolving credit facility (collectively, the “Credit Agreement”), with Wells Fargo Bank, National Association, as Agent, Swingline Lender and Issuing Lender, and Bank of America, N.A. serving as Syndication Agent. The Credit Agreement has a five-year term, maturing on July 29, 2021, and requires interest payments calculated, at our election and depending upon our Consolidated Leverage Ratio, at either a Base Rate plus an applicable margin or the LIBOR Rate plus an applicable margin. At the time of the initial borrowing, the applicable rate was LIBOR + 2.00%. In addition, we are subject to commitment fees for the unused portion of the Credit Agreement.

The applicable margin and commitment fees are outlined in the following table:



Pricing Level	Consolidated Leverage Ratio	Commitment Fee	LIBOR Rate Loans	Base Rate Loans
I	Less than or equal to 1.50 to 1.00	0.200%	1.50%	0.50%
II	Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00	0.225%	1.75%	0.75%
III	Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00	0.250%	2.00%	1.00%
IV	Greater than 3.00 to 1.00	0.300%	2.25%	1.25%

In the event of default, outstanding borrowings would accrue interest at the Default Rate, as defined, whereby the obligations will bear interest at a per annum rate equal to 2% above the total per annum rate otherwise applicable.

The term loan portion of the Credit Agreement requires quarterly principal payments on the last business day of each fiscal quarter in accordance with a stated repayment schedule. Required aggregate principal repayments totaled $9.4 million for the succeeding twelve-month period, and have been included in the accompanying consolidated balance sheet under the caption “Current Maturities of Long-term Debt.” No stated principal payments are required under the revolving credit portion of the Credit Agreement, except upon maturity. If our Consolidated Leverage Ratio is less than 2.25 to 1.00, then we are required to make mandatory prepayments of “excess cash flow” as defined in the agreement.

The Credit Agreement provides for incremental term loan or revolving credit commitments for a minimum principal amount of $10.0 million, up to an aggregate amount of $150.0 million, subject to the lender's discretion to elect or decline the incremental increase. We can also borrow up to the lesser of $15.0 million or the revolving credit commitment, as defined, under a Swingline feature of the Credit Agreement. We are permitted to prepay the term loan under the Credit Agreement, without premium or penalty, in aggregate principal amounts of $1.0 million or whole multiples of $0.5 million in excess thereof.

The Credit Agreement contains a: (1) Consolidated Fixed Charge Coverage Ratio requirement whereby we must not permit the Consolidated Fixed Charge Coverage Ratio, as defined, to be less than 1.10 to 1.00, and (2) Consolidated Leverage Ratio requirement, as summarized by period in the following table:



Period		Maximum Ratio
Closing Date through January 30, 2017		3.50 to 1.00
January 31, 2017 through January 30, 2018		3.25 to 1.00
January 31, 2018 and thereafter		3.00 to 1.00

In addition to maintaining these financial covenants, the Credit Agreement also limits our ability to enter into certain business transactions, such as to incur indebtedness or liens, to acquire businesses or dispose of material assets, make restricted payments, pay dividends (limited to $10.0 million per year) and other transactions as further defined in the Credit Agreement. Substantially all of our domestic assets, with the exception of real property, are utilized as collateral for the Credit Agreement.

We utilized the funding from the Credit Agreement, along with additional funding of $16.4 million of cash on hand, to repay outstanding borrowings under the 2015 Credit Facilities of $309.2 million, to pay a 1% prepayment call premium under the Term Loan B portion thereof, to settle outstanding interest accrued under the prior facility, and to pay loan fees associated with the Credit Agreement which totaled $2.8 million. In addition to the 1% prepayment call premium fee, we expensed $8.1 million to write-off unamortized deferred financing fees and $5.5 million of unamortized original issuer’s discount associated with the 2015 Credit Facilities.

As of October 31, 2016, we had $265.4 million of borrowings outstanding under the Credit Agreement (reduced by unamortized debt issuance costs of $2.7 million), $5.8 million of outstanding letters of credit and $4.1 million outstanding under capital leases and other debt vehicles. We had $174.2 million available for use under the Credit Agreement at October 31, 2016. The borrowings outstanding as of October 31, 2016 under the Credit Agreement accrue interest at 2.5% per annum, and our weighted average borrowing rate for borrowings outstanding during the years ended October 31, 2016 and 2015 was 5.26% and 1.28%, respectively. We were in compliance with our debt covenants as of October 31, 2016.

Other Debt Instruments

The City of Richmond, Kentucky Industrial Building Revenue Bonds are due in annual installments through October 2020. Interest is payable monthly at a variable rate. Interest rates on these bonds have ranged from 0.2% to 1.1% during the fiscal year ended October 31, 2016. The average interest rate during the fiscal years ended October 31, 2016 and 2015, was 0.5%. We have pledged the land, building and certain equipment used at the facility located in Richmond, Kentucky as collateral. In addition, we have issued a $0.4 million letter of credit under the Credit Agreement which serves as a conduit for making the scheduled payments.

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 a weighted average rate of 5.1%, and extend through the year 2020. As of October 31, 2016, our obligations under the HLP capital leases total $3.7 million, of which $1.6 million is classified in current maturities of long-term debt and $2.1 million is classified as long-term debt on the accompanying consolidated balance sheet. Our non-HLP capital lease obligations at October 31, 2016 related to equipment purchases and bear interest at a weighted average interest rate of 4.6% with terms that extend through 2020.

The table below presents the scheduled maturity dates of our long-term debt outstanding (net of deferred loan costs) at October 31, 2016 (in thousands):



	Other Long Term Debt		Capital Lease Obligations		Aggregate Maturities
2017	$	8,910	$	1,610	$	10,520
2018	14,535		1,083		15,618
2019	14,535		765		15,300
2020	16,410		225		16,635
2021	211,458		—		211,458
Total	$	265,848	$	3,683	$	269,531

Retirement Plans

12 Months Ended

Oct. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Retirement Plans

We have a number of retirement plans covering substantially all employees. We provide both defined benefit and defined contribution plans. In general, an employee’s coverage for retirement benefits depends on the location of employment.

Defined Benefit Plan

We have a non-contributory, single employer defined benefit pension plan that covers substantially all our domestic employees, excluding the Woodcraft employees who are not currently participating. Effective January 1, 2007, we amended this defined benefit pension plan to include a cash balance formula for all new salaried employees hired on or after January 1, 2007 and for any non-union employees who were not participating in a defined benefit plan prior to January 1, 2007. All participating salaried employees hired after January 1, 2007, are eligible to receive credits equivalent to 4% of their annual eligible wages. Some of the employees at the time of the amendment were “grandfathered” and are eligible to receive credits ranging up to 6.5% based upon a percentage of benefits received under our defined benefit plan prior to this amendment of the pension plan. Additionally, every year the participants will receive an interest related credit on their respective balance equivalent to the prevailing 30-year Treasury rate. For employees who were participating in this plan prior to January 1, 2007, the benefit formula is a more traditional formula for retirement benefits, whereby the plan pays benefits to employees upon retirement, using a formula which considers years of service and pensionable compensation prior to retirement. Of our pension plan participants, 99% have their benefit determined pursuant to the cash balance formula.

The Medicare Prescription Drug, Improvement and Modernization Act of 2003 (the "Act") was signed into law on December 8, 2003. This Act introduces a Medicare prescription-drug benefit beginning in 2006 as well as a federal subsidy to sponsors of retiree health care plans that provide a benefit at least “actuarially equivalent” to the Medicare benefit. We concluded that our plans are at least “actuarially equivalent” to the Medicare benefit. For those who are otherwise eligible for the subsidy, we have not included this subsidy per the Act in our benefit calculations. The impact to net periodic benefit cost and to benefits paid did not have a material impact on the consolidated financial statements.

Funded Status and Net periodic Benefit Cost

The changes in benefit obligations and plan assets, and our funded status (reported in deferred pension and postretirement benefits on the consolidated balance sheets) were as follows:



	October 31,
	2016			2015
	(In thousands)
Change in Benefit Obligation:
Beginning balance as of November 1, 2015 and 2014, respectively	$	31,035		$	29,070
Service cost	3,712			3,288
Interest cost	828			1,026
Actuarial loss	3,008			38
Benefits paid	(1,061		)	(1,925		)
Administrative expenses	(630		)	(462		)
Projected benefit obligation at October 31,	$	36,892		$	31,035
Change in Plan Assets:
Beginning balance as of November 1, 2015 and 2014, respectively	$	26,132		$	25,329
Actual return on plan assets	1,069			390
Employer contributions	3,700			2,800
Benefits paid	(1,061		)	(1,925		)
Administrative expenses	(630		)	(462		)
Fair value of plan assets at October 31,	$	29,210		$	26,132
Non current liability - Funded Status	$	(7,682	)	$	(4,903	)

As of October 31, 2016 and 2015, included in our accumulated comprehensive loss was a net actuarial loss of $8.7 million and $5.5 million, respectively. There were no net prior service costs or transition obligations for the years ended October 31, 2016 and 2015.

As of October 31, 2016 and 2015, the accumulated benefit obligation was $35.7 million and $30.3 million, respectively. The accumulated benefit obligation is the present value of pension benefits (whether vested or unvested) attributed to employee service rendered before the measurement date, and based on employee service and compensation prior to that date. The accumulated benefit obligation differs from the projected benefit obligation in that it includes no assumption about future compensation levels.

The net periodic benefit cost for the years ended October 31, 2016, 2015 and 2014, was as follows:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Service cost	$	3,712		$	3,288		$	3,313
Interest cost	828			1,026			1,063
Expected return on plan assets	(1,617		)	(1,791		)	(1,722		)
Amortization of net loss	384			—			—
Net periodic benefit cost	$	3,307		$	2,523		$	2,654

The changes in plan assets and projected benefit obligations which were recognized in our other comprehensive loss for the years ended October 31, 2016, 2015 and 2014 were as follows:



	Year Ended October 31,
	2016		2015		2014
	(In thousands)
Net loss (gain) arising during the period	$	3,556	$	1,439	$	2,596
Less: Amortization of net loss	$	384	$	159	$	—
Total recognized in other comprehensive loss	$	3,172	$	1,280	$	2,596

As of October 31, 2016, we recorded a $0.3 million pre-tax benefit associated with our post retirement benefit plan, described below at "Other Plans."

Measurement Date and Assumptions

We generally determine our actuarial assumptions on an annual basis, with a measurement date of October 31.

The following table presents our assumptions for pension benefit calculations for the years ended October 31, 2016, 2015 and 2014:



	For the Year Ended October 31,
	2016	2015	2014	2016	2015	2014
Weighted Average Assumptions:	Benefit Obligation			Net Periodic Benefit Cost
Discount rate	3.41%	3.92%	3.64%	3.92%	3.64%	4.18%
Rate of compensation increase	3.00%	3.00%	3.00%	3.00%	3.00%	2.50%
Expected return on plan assets	n/a	n/a	n/a	6.50%	6.75%	7.25%

The discount rate was used to calculate the present value of the projected benefit obligation for pension benefits. The rate reflects the amount at which benefits could be effectively settled on the measurement date. For the years ended October 31, 2016 and 2015, we used a RATE: Link Model whereby target yields are developed from bonds across a range of maturity points, and a curve is fitted to those targets. Spot rates (zero coupon bond yields) are developed from the curve and used to discount benefit payments associated with each future year. This model assumes spot rates will remain level beyond the 30-year point. We determine the present value of plan benefits by applying the discount rates to projected benefit cash flows. For the year ended October 31, 2014, we determined our discount rate based on a pension discount curve. The rate represents the single rate that, if applied to every year of projected benefits payments, would result in the same discounted value as the array of rates that comprise the pension discount curve. The change in discount rate methodology in 2015 is believed to provide a more precise estimate of the rate that should be applied to specific cash flows by period.

The expected return on plan assets was used to determine net periodic pension expense. The rate of return assumptions were based on projected long-term market returns for the various asset classes in which the plans were invested, weighted by the target asset allocations. We review the return assumption at least annually. The rate of compensation increase represents the long-term assumption for expected increases in salaries.

Plan Assets

The following tables provide our target allocation for the year ended October 31, 2016, as well as the actual asset allocation by asset category and fair value measurements as of October 31, 2016 and 2015:



	Target Allocation		Actual Allocation
	October 31, 2016		October 31, 2016		October 31, 2015
Equity securities	60.0	%	60.0	%	60.0	%
Fixed income	40.0	%	40.0	%	40.0	%



	Fair Value Measurements at
	October 31, 2016		October 31, 2015
	(In thousands)
Money market fund	$	31	$	142

Large capitalization	$	9,297	$	8,367
Small capitalization	3,442		3,114
International equity	3,191		2,831
Other	1,451		1,290
Equity securities	$	17,381	$	15,602

High-quality core bond	$	5,888	$	5,186
High-quality government bond	2,954		2,590
High-yield bond	2,956		2,612
Fixed income	$	11,798	$	10,388

Total securities⁽¹⁾	$	29,210	$	26,132


⁽¹⁾	Quoted prices in active markets for identical assets (Level 1).

Inputs and valuation techniques used to measure the fair value of plan assets vary according to the type of security being valued. All of the equity and debt securities held directly by the plans were actively traded and fair values were determined based on quoted market prices.

Our investment objective for defined benefit plan assets is to meet the plans’ benefit obligations, while minimizing the potential for future required plan contributions. The investment strategies focus on asset class diversification, liquidity to meet benefit payments and an appropriate balance of long-term investment return and risk. Target ranges for asset allocations are determined by matching the actuarial projections of the plans’ future liabilities and benefit payments with expected long-term rates of return on the assets, taking into account investment return volatility and correlations across asset classes. Plan assets are diversified across several investment managers and are generally invested in liquid funds that are selected to track broad market equity and bond indices. Investment risk is carefully controlled with plan assets rebalanced to target allocations on a periodic basis and monitoring of performance of investment managers relative to the investment guidelines established with each investment manager.

Expected Benefit Payments and Funding

Our pension funding policy is to make the minimum annual contributions required pursuant to the plan. We accelerated contributions to target a 100% funding threshold. Additionally, we consider funding annual requirements early in the fiscal year to potentially maximize the return on assets. For the fiscal years ended October 31, 2016, 2015 and 2014, we made total pension contributions of $3.7 million, $2.8 million and $4.1 million, respectively.

During fiscal 2017, we expect to contribute approximately $3.9 million to the pension plan to reach targeted funding levels and meet minimum contribution requirements. This expected contribution level will be dependent on many variables, including the market value of the assets compared to the obligation, as well as other market or regulatory conditions. In addition, we consider the cash requirements of our business investment opportunities. Accordingly, actual funding amounts and the timing of such funding may differ from current estimates.

The following table presents the total benefit payments expected to be paid to participants by year, which includes payments funded from our assets, as well as payments paid from the plan for the year ended October 31, (in thousands):



	Pension Benefits
2017	$	3,138
2018	2,734
2019	2,986
2020	3,090
2021	3,193
2022 - 2026	17,271
Total	$	32,412

Defined Contribution Plan

We also sponsor a defined contribution plan into which we and our employees make contributions, and we maintain a predecessor plan sponsored by Woodcraft. We match 50% up to the first 5% of employee annual salary deferrals under our existing plan, and we match 35% up to the first 5% of employee deferrals under the predecessor Woodcraft plan. We do not offer our common stock as a direct investment option under these plans. For the years ended October 31, 2016, 2015 and 2014, we contributed approximately $2.2 million, $1.7 million and $2.4 million for these plans, respectively.

Other Plans

Under our postretirement benefit plan, we provide certain healthcare and life insurance benefits for a small number of eligible retired employees who were employed prior to January 1, 1993. Certain employees may become eligible for those benefits if they reach normal retirement age while working for us. We continue to fund benefit costs on a pay-as-you-go basis. The table below indicates the amount of these liabilities included in the accompanying consolidated balance sheets:



	October 31, 2016		October 31, 2015
	(In thousands)
Accrued liabilities	$	49	$	49
Deferred pension and postretirement benefits	485		798
Total	$	534	$	847

Of the change in postretirement benefit obligation, $0.3 million (or $0.2 million net of tax) was applied to reduce the unrecognized loss in Accumulated Other Comprehensive Income associated with this post-retirement benefit plan to zero, with the remainder recorded as a reduction of selling, general and administrative expenses.

We also have supplemental benefit plans covering certain executive officers and a non-qualified deferred compensation plan covering members of the Board of Directors and certain key employees. As of October 31, 2016 and 2015, our liability under the supplemental benefit plan was approximately $2.7 million and $1.7 million, respectively, and our liability under the deferred compensation plan was approximately $3.5 million and $3.3 million, respectively. As of October 31, 2016 and 2015, the current portion of these liabilities was recorded under the caption "Accrued Liabilities," and the long-term portion was included under the caption "Other Liabilities" in the accompanying balance sheets.

Warranty Obligations

12 Months Ended

Oct. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Warranty Obligations

10. 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. 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 consolidated balance sheets) follows:



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015, and 2014, respectively	$	535		$	671
Provision for warranty expense	90			207
Change in accrual for preexisting warranties	(62		)	—
Warranty costs paid	(117		)	(343		)
Total accrued warranty	$	446		$	535
Less: Current portion of accrued warranty	295			309
Long-term portion at October 31,	$	151		$	226

Income Taxes

12 Months Ended

Oct. 31, 2016

Income Tax Disclosure [Abstract]

Income Taxes

11. Income Taxes

We provide for income taxes on taxable income at the statutory rates applicable. The following table summarizes the components of income tax expense from continuing operations for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Current
Federal	$	1,309		$	49		$	1,271
State and local	154			216			532
Non-U.S.	3,241			2,070			2,535
Total current	4,704			2,335			4,338
Deferred
Federal	(5,932		)	5,766			2,261
State and local	(712		)	439			(258		)
Non-U.S.	(1,825		)	(1,001		)	(873		)
Total deferred	(8,469		)	5,204			1,130
Total income tax (benefit) provision	$	(3,765	)	$	7,539		$	5,468

The following table reconciles our effective income tax rate to the federal statutory rate of 35% for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016		2015		2014
U.S. tax at statutory rate	35.0	%	35.0	%	35.0	%
State and local income tax	7.4		2.3		2.3
Non-U.S. income tax	32.0		(1.5	)	(0.1	)
U.S. tax on non U.S. earnings	(0.8	)	—		(0.3	)
Deferred rate change	15.2		0.5		5.1
General business credits	6.4		(1.0	)	(1.8	)
Transaction costs	(17.0	)	2.5		—
Uncertain tax positions	—		(3.4	)	(1.2	)
Change in valuation allowance	(0.9	)	(0.5	)	(1.0	)
Other permanent differences	(5.0	)	(1.5	)	1.3
Return to actual adjustments	(5.4	)	0.2		0.3
Effective tax rate	66.9	%	32.6	%	39.6	%

The increase in the 2016 effective tax rate is due primarily to the foreign and United States tax rate differential, as the foreign tax rate is generally lower than the United States tax rate and a greater percentage of our taxable income was generated by the foreign operations. The overall change in the effective rate was also impacted by transaction costs and a change in the deferred rate. 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 36.0%. 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 34.9%.

Significant components of our net deferred tax liabilities and assets were as follows:



	October 31,
	2016			2015
	(In thousands)
Deferred tax assets:
Employee benefit obligations	$	16,694		$	13,220
Accrued liabilities and reserves	2,929			3,354
Pension and other benefit obligations	4,087			2,956
Inventory	1,759			2,625
Loss and tax credit carry forwards	9,589			12,531
Other	193			187
Total gross deferred tax assets	35,251			34,873
Less: Valuation allowance	1,279			1,064
Total deferred tax assets, net of valuation allowance	33,972			33,809
Deferred tax liabilities:
Property, plant and equipment	18,946			8,303
Goodwill and intangibles	33,348			16,723
Total deferred tax liabilities	52,294			25,026

Net deferred tax (liabilities) assets	$	(18,322	)	$	8,783

At October 31, 2016, operating loss carry forwards for tax purposes totaled $43.8 million and related to federal and state positions. The majority of such losses begin to expire in 2025. Tax credits available to offset future tax liabilities totaled $4.0 million and are expected to be utilized within the next twelve months. We evaluate tax benefits of operating losses and tax credit carry forwards on an ongoing basis, including a review of historical and projected future operating results, the eligible carry forward period and other circumstances. We have recorded a valuation allowance for certain state net operating losses as of October 31, 2016 and 2015, totaling $1.3 million ($0.8 million net of federal taxes) and $1.1 million ($0.7 million net of federal taxes), respectively. In assessing the need for a valuation allowance, we consider both positive and negative evidence related to the likelihood of realization of the deferred tax assets.

The following table reconciles the change in the unrecognized income tax benefit associated with uncertain tax positions for the years ended October 31, 2016, 2015 and 2014 (in thousands):



	Unrecognized Income Tax Benefits
Balance at October 31, 2013	$	13,238
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	170
Lapse in statute of limitations	(1,977		)
Balance at October 31, 2014	$	11,431
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	16
Lapse in statute of limitations	(10,883		)
Balance at October 31, 2015	$	564
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	15
Balance at October 31, 2016	$	579

As of October 31, 2016, our unrecognized tax benefit (UTB) relates to certain state tax items regarding the interpretation of tax laws and regulations. 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 October 31, 2016, $0.6 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, along with our subsidiaries, file income tax returns in the United States and various state jurisdictions as well as in the United Kingdom, Germany, Canada and Mexico. In certain jurisdictions the statute of limitations has not yet expired. We generally remain subject to examination of our United States income tax returns for 2013 and subsequent years. We generally remain subject to examination of our various state and foreign income tax returns for a period of four to five years from the date the return was filed. The state impact of any federal changes remains subject to examination by various states for a period of up to one year after formal notification to the state of the federal change.

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 October 31, 2016 will be recognized within the next twelve months.

Included in prepaid and other current assets on the accompanying consolidated balance sheets were income tax receivables of $1.6 million and $0.4 million as of October 31, 2016 and 2015, respectively.

The acquisition of Woodcraft in November 2015 established a net noncurrent deferred tax liability of $37.4 million primarily reflecting the book to tax basis difference in intangibles, fixed assets and inventory. 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%.

Management has determined that the earnings of our foreign subsidiaries are not required as a source of funding for United States operations and we intend to indefinitely reinvest these funds in our foreign jurisdictions. If the investment in our foreign subsidiaries were completely realized, a potential gain of $25.6 million could exist resulting in an estimated residual United States tax liability of $6.3 million.

On September 13, 2013, the Internal Revenue Service issued final Tangible Property Regulations (TPR) under Internal Revenue Code (IRC) Section 162 and IRC Section 263(a), which prescribe the capitalization treatment of certain repair costs, asset betterments and other costs which could affect temporary deferred taxes. The regulations became effective for tax years beginning on or after January 1, 2014. Pursuant to U.S. GAAP, as of the date of the issuance, the release of the regulations is treated as a change in tax law. The impact of this change in tax law was not material to our financial position or results of operations.

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.

We adopted ASU No. 2015-17 as of November 1, 2015 on a retroactive basis. See additional disclosure at Note 21, "New Accounting Guidance Adopted."

Commitments and Contingencies

12 Months Ended

Oct. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

12. Commitments and Contingencies

Operating Leases and Purchase Obligations

We have operating leases for certain real estate and equipment used in our business. Rental expense for the years ended October 31, 2016, 2015 and 2014 was $10.3 million, $8.4 million and $6.9 million, respectively. We sublease certain of our facilities as of October 31, 2016, pursuant to which we expect to receive future minimum non-cancelable rentals of $0.4 million.

We are a party to non-cancelable purchase obligations primarily for door hardware, primary and secondary steel and primary and secondary aluminum used in our manufacturing processes, as well as expenditures related to capital projects in progress. We paid $4.6 million and $8.1 million pursuant to these arrangements for the years ended October 31, 2016 and 2015, respectively. These obligations total $11.3 million and $3.7 million at October 31, 2016 and 2015, respectively, and extend through fiscal 2017. Future amounts paid pursuant to these arrangements will depend, to some extent, on our usage.

The following table presents future minimum rental payments under operating leases with remaining terms in excess of one year at October 31, 2016 (in thousands):



	Operating Leases
2017	$	9,794
2018	8,482
2019	7,842
2020	5,904
2021	4,366
Thereafter	30,552
Total	$	66,940

Asset Retirement Obligation

We maintain an asset retirement obligation associated with a leased facility in Kent, Washington. We have estimated our future cash flows associated with this asset retirement obligation and recorded an asset and corresponding liability. We are depreciating the asset and accreting the liability over a seven year term, to culminate in an asset retirement obligation of $2.2 million as of July 2020.

Remediation and Environmental Compliance Costs

Under applicable state and federal laws, we may be responsible for, among other things, all or part of the costs required to remove or remediate wastes or hazardous substances at locations we, or our predecessors, have owned or operated. From time to time, we also have been alleged to be liable for all or part of the costs incurred to clean up third-party sites where there might have been an alleged improper disposal of hazardous substances. At present, we are not involved in any such matters.

From time to time, we incur routine expenses and capital expenditures associated with compliance with existing environmental regulations, including control of air emissions and water discharges, and plant decommissioning costs. We have not incurred any material expenses or capital expenditures related to environmental matters during the past three fiscal years, and do not expect to incur a material amount of such costs in fiscal 2017. While we will continue to have future expenditures related to environmental matters, any such amounts are impossible to reasonably estimate at this time. Based upon our experience to date, we do not believe that our compliance with environmental requirements will have a material adverse effect on our operations, financial condition or cash flows.

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 fail and 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 on a claim-by-claim basis. We cannot estimate any future liability with regard to unasserted claims but we have received new claims in 2015 and 2016. We evaluate this reserve at each reporting date. We will investigate any future claims, but we are not obligated to honor any future claims.

A reconciliation of the claims activity related to our spacer migration accrual for the years ended October 31, 2016 and 2015 follows:



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015, and 2014, respectively	$	1,133		$	1,187
Additional claims received	1,147			1,049
Claim payments made	(1,476		)	(956		)
Foreign currency translation adjustment	(3		)	(147		)
Total spacer migration accrual	$	801		$	1,133

Litigation

From time to time, we, along with our subsidiaries, are involved in various litigation matters arising in the ordinary course of our business. We are currently involved in litigation related to alleged defects in a sealant product manufactured and sold by one of our subsidiaries during the 2000s. While we strongly believe that our product was not defective and that we will prevail in these claims, the ultimate resolution and impact of the claims is not presently determinable and we cannot reasonably estimate a range of potential loss, if any, associated with these claims. Nevertheless, 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

12 Months Ended

Oct. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Derivative Instruments

13. 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 and aluminum scrap prices. 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 payable balances that are denominated in currencies other than the United States Dollar, including the Euro, British Pound Sterling 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 consolidated statements of income (loss) for the years ended October 31, 2016, 2015 and 2014 were as follows (in thousands):



		Year Ended October 31,
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss):	2016	2015	2014
Foreign currency derivatives	Other, net	77	654	568

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 consolidated balance sheets. Less than $0.1 million of fair value related to foreign currency derivatives was included in prepaid and other current assets as of the years ended October 31, 2016 and 2015, and less than $0.1 million of fair value related to foreign currency derivatives was included in accrued liabilities as of October 31, 2016.

The following table summarizes the notional amounts and fair value of outstanding derivative contracts at October 31, 2016 and 2015 (in thousands):



		Notional as indicated		Fair Value in $
		October 31, 2016	October 31, 2015	October 31, 2016			October 31, 2015
Foreign currency derivatives:
Sell EUR, Buy USD	EUR	5,251	8,076	$	(79	)	$	37
Sell CAD, Buy USD	CAD	186	280	1			1
Sell GBP, Buy USD	GBP	187	226	(1		)	3
Buy EUR, Sell GBP	EUR	130	2	1			—
Buy USD, Sell EUR	USD	1	—	—			—
Buy EUR, Sell USD	EUR	—	807	—			3

For the classification in the fair value hierarchy, see Note 14, "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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=56946850&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=56946850&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
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+ Details

Fair Value Measurement of Assets and Liabilities

12 Months Ended

Oct. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value Measurement of Assets and Liabilities

14. 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 measured on a recurring basis based on the fair value hierarchy (in thousands):



	October 31, 2016								October 31, 2015
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Foreign currency derivatives	$	—	$	2	$	—	$	2	$	—	$	44	$	—	$	44
Total assets	$	—	$	2	$	—	$	2	$	—	$	44	$	—	$	44
Liabilities
Foreign currency derivatives	$	—	$	80	$	—	$	80	$	—	$	—	$	—	$	—
Contingent consideration	—		—		8,376		8,376		—		—		10,414		10,414
Total liabilities	$	—	$	80	$	8,376	$	8,456	$	—	$	—	$	10,414	$	10,414

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. Contingent consideration of $8.4 million associated with the HLP acquisition, which was paid during November 2016, is included above as a Level 3 measurement (see Note 2, "Acquisitions").

As of October 31, 2016 and 2015, 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. 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 was 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 October 31, 2016 and 2015 (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

12 Months Ended

Oct. 31, 2016

Share-based Compensation [Abstract]

Stock-Based Compensation

15. 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 increases of the aggregate number of shares available for grant by 2,400,000 shares and 2,350,000 shares, respectively. Any officer, key employee and/or non-employee director or any of our affiliates is eligible for awards under the 2008 Plan. Our initial grant of awards under the 2008 Plan was on April 23, 2008. 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 structure of the annual grant to our directors to a grant of restricted stock units on the first day of the new fiscal year, November 1 and eliminated the stock option grant to the non -employee directors. Annually, pending approval 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 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 years ended October 31, 2016, 2015 and 2014, follows:



	Restricted Stock Awards		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2013	183,400		$	17.46
Granted	83,400		17.67
Vested	(30,700	)	17.45
Forfeited	(15,300	)	19.25
Non-vested at October 31, 2014	220,800		17.42
Granted	118,800		20.17
Vested	(34,000	)	15.12
Forfeited	(12,600	)	19.57
Non-vested at October 31, 2015	293,000		18.71
Granted	85,500		19.21
Vested	(102,000	)	17.84
Forfeited	(9,800	)	18.97
Non-vested at October 31, 2016	266,700		$	19.19

The total weighted average grant-date fair value of restricted stock awards that vested during the years ended October 31, 2016, 2015 and 2014 was $1.8 million, $0.5 million and $0.5 million, respectively. As of October 31, 2016, total unrecognized compensation cost related to unamortized restricted stock awards totaled $2.1 million. We expect to recognize this expense over the remaining weighted average period of 1.8 years.

Stock Options

Historically, stock options have been awarded to key employees, officers and non-employee directors. Effective May 2015, the director compensation structure was revised to eliminate the grant of stock options to non-employee directors. Key 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 the Black-Scholes pricing model to estimate the fair value of our stock options. A description of the methodology for the valuation assumption follows:

•

Expected Volatility – For stock options granted prior to July 1, 2013, we used an estimate of the historical volatility of a selected peer group. Effective July 1, 2013, we determined that we had sufficient historical data to calculate the volatility of our common stock since our spin-off in April 2008. We believe there has been uncertainty in the United States equities market over the past several years and that uncertainty has contributed to volatility in equities in general. We expect this volatility to continue over the foreseeable future. Therefore, we believe that our historical volatility is a proxy for expected volatility. We have not excluded any of our historical data from the volatility calculation, and we are not aware of any specific significant factors which might impact our future volatility.

•

Expected Term – For stock options granted prior to July 1, 2013, we determined the expected term using historical information of our former parent company prior to the spin-off in 2008, with regards to option vesting, exercise behavior and contractual expiration, as we believed that this employee group was the most similar to our employee group. Separate groups of employees that have similar historical exercise behavior were considered separately. Effective July 1, 2013, we determined that we had sufficient historical data to estimate our expected term using our own data with regards to the exercise behavior, cancellations, retention patterns and remaining contractual terms. When analyzing these patterns and variables, we considered the stratification of the awards (large grants to relatively few employees versus smaller grants to many others), the age of certain employees with larger grants, the historical exercise behavior of the employee group, and fluctuations/volatility of our underlying common stock, as to whether the stock options are expected to be out-of-the-money. For our directors, stock options vested immediately, and, as such, the expected term approximated the contractual term, after adjusting for historical forfeitures. We believe our estimates are reasonable given these factors.


•	Risk-Free Rate – We base the risk-free rate on the yield at the date of grant of a zero-coupon United States Treasury bond whose maturity period equals the option’s expected term.


•	Expected Dividend Yield – We base the expected dividend yield on our historical dividend payment of approximately $0.16 per share.

The following table summarizes the assumptions used to estimate the fair value of our stock options granted during the years ended October 31, 2016, 2015 and 2014.



	Year Ended October 31,
	2016	2015	2014
Weighted-average expected volatility	37.1%	47.7%	55.3%
Weighted-average expected term (in years)	5.4	5.6	6.1
Risk-free interest rate	1.7%	1.6%	1.9%
Expected dividend yield over expected term	1.0%	1.0%	1.0%
Weighted average grant date fair value	$6.32	$8.40	$8.78

The following table summarizes our stock option activity for the years ended October 31, 2016, 2015 and 2014.



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2013	2,875,276		15.64			$	7,748
Granted	189,200		17.99
Exercised	(306,611	)	19.27
Forfeited/Expired	(169,476	)	18.71
Outstanding at October 31, 2014	2,588,389		16.21		6.2	$	10,238
Granted	123,900		20.28
Exercised	(327,700	)	15.59
Forfeited/Expired	(32,401	)	20.21
Outstanding at October 31, 2015	2,352,188		16.46		5.4	$	6,672
Granted	297,900		19.23
Exercised	(221,850	)	15.43
Forfeited/Expired	(42,018	)	19.78
Outstanding at October 31, 2016	2,386,220		16.84		5.1	$	2,384
Vested or expected to vest at October 31, 2016	2,377,254		16.83		5.1	$	2,384
Exercisable at October 31, 2016	1,978,013		$	16.34	4.4	$	2,384

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. For the years ended October 31, 2016, 2015 and 2014, the total intrinsic value of our stock options that were exercised totaled $1.0 million, $1.3 million and $2.7 million, respectively. The total fair value of stock options vested during the years ended October 31, 2016, 2015 and 2014, was $1.9 million, $2.8 million and $3.8 million, respectively. As of October 31, 2016, total unrecognized compensation cost related to stock options was $0.8 million. We expect to recognize this expense over the remaining weighted average vesting period of 1.8 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 non-employee director restricted stock units vest immediately but are payable only upon the director's cessation of service unless an election is made by the non-employee director to settle and pay the award on an earlier specified date. 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 vesting 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 years ended October 31, 2016, 2015 and 2014:



	Restricted Stock Units		Weighted Average Grant Date Fair Value
Non-vested at October 31, 2013	101,000		$	15.62
Granted	12,135		18.58
Vested	(29,635	)	18.35
Non-vested at October 31, 2014	83,500		15.08
Granted	—		—
Vested	(83,500	)	15.08
Non-vested at October 31, 2015	—		—
Granted	20,445		19.56
Vested	(20,445	)	19.56
Non-vested at October 31, 2016	—		—

During the years ended October 31, 2015 and 2014, we paid $1.7 million and $0.5 million, respectively, to settle restricted stock units; we did not make any payments to settle restricted stock units during the year ended October 31, 2016. All outstanding restricted stock units awarded to officers and employees have vested as of October 31, 2016. The directors received a grant of restricted stock units on November 1, 2016, which vested immediately.

Performance Share Awards

We have granted performance share awards to key employees and officers annually in December. In addition, we awarded performance shares in January 2016 to a new officer. 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. The number of performance share awards earned is variable depending on the metrics achieved. The settlement method is 50% in cash and 50% in our common stock.

To account for the performance share 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 will be 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 will be recorded as a liability and will be marked to market over the three-year term of the award, and could fluctuate depending on the number of shares ultimately expected to vest.

In conjunction with the annual grants in December 2015, 2014 and 2013, we awarded 158,100, 137,400 and 155,800 performance shares, respectively. We also awarded 4,300 performance shares in January 2016. Depending on the achievement of the performance conditions, 0% to 200% of these shares may ultimately vest. During 2016, 9,100 of the performance shares issued in December 2015 were forfeited. During 2015, 9,200 of the performance shares issued in December 2013 were forfeited 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 years ended October 31, 2016, 2015 and 2014, we have recorded $2.7 million, $1.5 million and $1.0 million 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.

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. We evaluate the probability of the performance share vesting within one year of the vesting date. As of October 31, 2016, we have deemed 135,100 performance share awards to vest, of which 67,550 will be paid in our common stock and 67,550, along with accrued dividends, will settle in cash. The 67,550 awards payable in our common stock are potentially dilutive and considered in the diluted weighted average shares calculation for the year ended October 31, 2016. No contingent shares related to performance shares are included in diluted weighted average shares for the years ended October 31, 2015 or 2014.

The following table summarizes amounts expensed as selling, general and administrative expense related to restricted stock awards, stock options, restricted stock units and performance share awards for the years ended October 31, 2016, 2015 and 2014(in thousands):



	Year Ended October 31,
	2016		2015			2014
Restricted stock awards	$	1,911	$	1,670		$	1,220
Stock options	2,486		1,713			2,301
Restricted stock units	161		(57		)	781
Performance share awards	2,703		1,504			981
Total compensation expense	7,261		4,830			5,283
Income tax effect	4,858		1,575			2,092
Net compensation expense	$	2,403	$	3,255		$	3,191

Stockholders' Equity

12 Months Ended

Oct. 31, 2016

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

16. Stockholders' Equity

As of October 31, 2016, our authorized capital stock consists of 125,000,000 shares of common stock, at par value of $0.01 per share, and 1,000,000 shares of preferred stock, with no par value. As of October 31, 2016 and 2015, we had 37,560,249 and 37,609,563 shares of common stock issued, respectively, and 34,220,496 and 33,962,460 shares of common stock outstanding, respectively. There were no shares of preferred stock issued or outstanding at October 31, 2016 and 2015.

Stock Repurchase Program and Treasury Stock

On September 5, 2014, our Board 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 year ended October 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 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, upon the exercise of stock options and upon the vesting 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 $0.6 million and $0.7 million in the years ended October 31, 2016 and 2015, respectively.

The following table summarizes the treasury stock activity during the year ended October 31, 2016:



	October 31, 2016
Beginning balance as of November 1, 2015	3,647,103
Restricted stock awards granted	(85,500	)
Stock options exercised	(221,850	)
Balance at end of period	3,339,753

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Subparagraph (SX 210.4-08.(d),(e))
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-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section E

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 4
-Section C

+ Details

Other Income (Expense)

12 Months Ended

Oct. 31, 2016

Other Income and Expenses [Abstract]

Other Income (Expense)

17. Other Income (Expense)

Other income (expense) included under the caption "Other, net" on the accompanying consolidated statements of income (loss), consisted of the following (in thousands):



	Year Ended October 31,
	2016			2015			2014
Foreign currency transaction losses	$	(5,457	)	$	(1,433	)	$	(695	)
Foreign currency exchange derivative gains	77			654			568
Interest income	106			64			119
Other	(205		)	184			100
Other (expense) income	$	(5,479	)	$	(531	)	$	92

Segment Information

12 Months Ended

Oct. 31, 2016

Segment Reporting [Abstract]

Segment Information

18. Segment Information

In 2014, we did not disclose segment information as we aggregated four operating segments into a common reportable segment. In our Annual Report on Form 10-K as of October 31, 2015 we presented two reportable business segments, in accordance with ASC Topic 280-10-50, “Segment Reporting” (ASC 280): (1) Engineered Products, comprised of four operating segments, focused primarily on North American fenestration, and (2) International Extrusion, comprised solely of HLP that was acquired on June 15, 2015. In addition, we recorded LIFO inventory adjustments, corporate office charges and inter-segment eliminations as Corporate & Other.

With the acquisition of Woodcraft on November 2, 2015, we re-evaluated our reportable operating segment presentation and changed the presentation to have three reportable business segments: (1) North American Engineered Components segment (“NA Engineered Components”), comprised of four operating segments primarily focused on the fenestration market in North America including vinyl profiles, insulating glass (IG) spacers, screens & other fenestration components; (2) European Engineered Components segment (“EU Engineered Components”), comprised of our United Kingdom-based vinyl extrusion business, manufacturing vinyl profiles & conservatories, and the European insulating glass business manufacturing IG spacers; and (3) North American Cabinet Components segment (“NA Cabinet Components”), comprised solely of the North American cabinet door and components business acquired in November 2015. We continue to maintain what was previously called Corporate & Other, now called Unallocated Corporate & Other, but a portion of the general and administrative costs associated with the corporate office have been allocated to the reportable operating segments, based upon a relative measure of profitability in order to more accurately reflect each reportable operating segment's administrative cost. Certain costs were not allocated to the business segments, but remain in Unallocated Corporate & Other, including transaction expenses, stock-based compensation, long-term incentive awards based on the performance of our common stock and other factors, certain severance and legal costs not deemed to be allocable to all segments, depreciation of corporate assets, interest expense, other, net, income taxes and inter-segment eliminations. This treatment was applied to avoid an asymmetrical allocation amongst the operating segments for the comparative period due to the timing of acquisitions. The accounting policies of our operating segments are the same as those used to prepare the accompanying consolidated financial statements. The following table summarizes corporate general and administrative expense allocated during the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016		2015		2014
	(in thousands)
NA Engineered Components	$	10,487	$	9,638	$	10,170
EU Engineered Components	3,814		2,109		740
NA Cabinet Components	4,767		—		—
Unallocated Corporate & Other	—		5,776		7,581
Allocated general and administrative expense	$	19,068	$	17,523	$	18,491

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 OEMs; (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.

Segment information for the years ended October 31, 2016, 2015 and 2014 was as follows (in thousands):



	NA Eng Comp.		EU Eng. Comp.		NA Cabinet Comp.		Unallocated Corp. & Other			Total
Year Ended October 31, 2016
Net sales	$	560,029	$	150,203	$	223,391	$	(5,439	)	$	928,184
Depreciation and amortization	30,298		9,339		12,948		561			53,146
Operating income (loss)	37,883		13,225		1,821		(16,576		)	36,353
Capital expenditures	22,713		6,141		8,110		279			37,243
Total assets	$	290,725	$	190,995	$	287,012	$	11,621		$	780,353
Year Ended October 31, 2015
Net sales	$	556,550	$	93,644	$	—	$	(4,666	)	$	645,528
Depreciation and amortization	28,911		5,020		—		1,289			35,220
Operating income (loss)	39,253		3,253		—		(17,831		)	24,675
Capital expenditures	25,499		4,396		—		87			29,982
Total assets	$	314,397	$	231,261	$	—	$	19,858		$	565,516
Year Ended October 31, 2014
Net sales	$	544,045	$	55,891	$	—	$	(4,552	)	$	595,384
Depreciation and amortization	28,888		1,898		—		3,083			33,869
Operating income (loss)	27,604		3,756		—		(17,084		)	14,276
Capital expenditures	$	20,990	$	2,445	$	—	$	294		$	23,729

Capital expenditures per the accompanying cash flow statements include $10.1 million for the year ended October 31, 2014 related to Nichols business which was discontinued in 2014.

The following table reconciles our segment presentation for the years ended October 31, 2015 and 2014 as previously reported in our Annual Report on Form 10-K for the year ended October 31, 2015 to the current presentation.



Year Ended October 31, 2015	As Previously Reported			Reclassification			Current Presentation
	(in thousands)
Engineered Products
Net sales	$	603,296		$	(603,296	)	$	—
Depreciation and amortization	30,587			(30,587		)	—
Operating income (loss)	52,850			(52,850		)	—
Capital expenditures	28,013			(28,013		)	—
Total assets	$	361,281		$	(361,281	)	$	—
International Extrusion
Net sales	$	42,232		$	(42,232	)	$	—
Depreciation and amortization	3,344			(3,344		)	—
Operating income (loss)	1,404			(1,404		)	—
Capital expenditures	1,882			(1,882		)	—
Total assets	$	184,377		$	(184,377	)	$	—
Corporate & Other
Net sales	$	—		$	—		$	—
Depreciation and amortization	1,289			(1,289		)	—
Operating income (loss)	(29,579		)	29,579			—
Capital expenditures	87			(87		)	—
Total assets	$	19,858		$	(19,858	)	$	—
NA Engineered Components
Net sales	$	—		$	556,550		$	556,550
Depreciation and amortization	—			28,911			28,911
Operating income (loss)	—			39,253			39,253
Capital expenditures	—			25,499			25,499
Total assets	$	—		$	314,397		$	314,397
EU Engineered Components
Net sales	$	—		$	93,644		$	93,644
Depreciation and amortization	—			5,020			5,020
Operating income (loss)	—			3,253			3,253
Capital expenditures	—			4,396			4,396
Total assets	$	—		$	231,261		$	231,261
Unallocated Corporate & Other
Net sales	$	—		$	(4,666	)	$	(4,666	)
Depreciation and amortization	—			1,289			1,289
Operating income (loss)	—			(17,831		)	(17,831		)
Capital expenditures	—			87			87
Total assets	$	—		$	19,858		$	19,858



Year Ended October 31, 2014	As Previously Reported			Reclassification			Current Presentation
	(in thousands)
Engineered Products
Net sales	$	595,384		$	(595,384	)	$	—
Depreciation and amortization	30,785			(30,785		)	—
Operating income (loss)	42,271			(42,271		)	—
Capital expenditures	$	23,435		$	(23,435	)	$	—
Corporate & Other
Net sales	$	—		$	—		$	—
Depreciation and amortization	3,084			(3,084		)	—
Operating income (loss)	(27,995		)	27,995			—
Capital expenditures	$	294		$	(294	)	$	—
NA Engineered Components
Net sales	$	—		$	544,045		$	544,045
Depreciation and amortization	—			28,888			28,888
Operating income (loss)	—			27,604			27,604
Capital expenditures	$	—		$	20,990		$	20,990
EU Engineered Components
Net sales	$	—		$	55,891		$	55,891
Depreciation and amortization	—			1,898			1,898
Operating income (loss)	—			3,756			3,756
Capital expenditures	$	—		$	2,445		$	2,445
Unallocated Corporate & Other
Net sales	$	—		$	(4,552	)	$	(4,552	)
Depreciation and amortization	—			3,083			3,083
Operating income (loss)	—			(17,084		)	(17,084		)
Capital expenditures	$	—		$	294		$	294

The following table summarizes the change in the carrying amount of goodwill by segment for the years ended October 31, 2016 and 2015 (in thousands):



	NA Eng. Comp.			EU Eng. Comp.			NA Cabinet Comp.		Unalloc. Corp. & Other		Total
Balance as of October 31, 2014	$	51,314		$	19,232		$	—	$	—	$	70,546
HLP acquisition	—			61,524			—		—		61,524
Asset impairment charge	—			—			—		—		—
Foreign currency translation adjustment	—			(2,300		)	—		—		(2,300		)
Balance as of October 31, 2015	$	51,314		$	78,456		$	—	$	—	$	129,770
Woodcraft acquisition	—			—			113,747		—		113,747
Asset impairment charge	(12,602		)	—			—		—		(12,602		)
Other	—			(575		)	—		—		(575		)
Foreign currency translation adjustment	—			(13,305		)	—		—		(13,305		)
Balance as of October 31, 2016	$	38,712		$	64,576		$	113,747	$	—	$	217,035

For further details of Goodwill, see Note 6, "Goodwill & Intangible Assets", located herewith.

We did not allocate non-operating expense or income tax expense to the reportable segments. The following table reconciles operating income (loss) as reported above to net (loss) income for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(in thousands)
Operating income	$	36,353		$	24,675		$	14,276
Interest expense	(36,498		)	(991		)	(562		)
Other, net	(5,479		)	(531		)	92
Income tax benefit (expense)	3,765			(7,539		)	(5,468		)
(Loss) income from continuing operations	$	(1,859	)	$	15,614		$	8,338

Geographic Information

Our manufacturing facilities and all long-lived assets are located in the United States, United Kingdom, Germany and Mexico. We attribute our net sales to a geographic region based on the location of the customer. The following tables provide information concerning our net sales for the years ended October 31, 2016, 2015 and 2014, and our long-lived assets as of October 31, 2016 and 2015 (in thousands):



	Year Ended October 31,
Net Sales:	2016		2015		2014
United States	$	724,045	$	500,171	$	484,601
Europe	150,710		94,564		57,098
Canada	24,141		22,973		26,605
Asia	20,404		19,268		18,867
Other foreign countries	8,884		8,552		8,213
Total net sales	$	928,184	$	645,528	$	595,384



	Year Ended October 31,
Long-lived assets, net	2016		2015
United States	$	428,203	$	214,479
Germany	19,479		20,117
United Kingdom	121,416		156,656
Mexico	614		—
Total long-lived assets, net	$	569,712	$	391,252

Long-lived assets, net includes: property, plant and equipment, net; goodwill; and intangible assets, net.

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: kitchen and bath cabinet doors and components, flooring and trim moldings, solar edge tape, plastic decking, fencing, water retention barriers, conservatory roof components, and other products.

The following table summarizes our product sales for the years ended October 31, 2016, 2015 and 2014 into general groupings to provide additional information to our shareholders.



	Year Ended October 31,
	2016			2015			2014
	(in thousands)
NA Engineered Components:
United States - fenestration	$	466,351		$	462,650		$	453,571
International - fenestration	38,439			33,991			43,345
United States - non-fenestration	36,986			42,143			33,583
International - non-fenestration	18,253			17,766			13,546
	$	560,029		$	556,550		$	544,045
EU Engineered Components:
United States - fenestration	$	412		$	44		$	—
International - fenestration	134,631			87,943			55,891
International - non-fenestration	15,160			5,657			—
	$	150,203		$	93,644		$	55,891
NA Cabinet Components:
United States	$	220,715		$	—		$	—
International	2,676			—			—
	$	223,391		$	—		$	—
Unallocated Corporate & Other
Eliminations	$	(5,439	)	$	(4,666	)	$	(4,552	)
	$	(5,439	)	$	(4,666	)	$	(4,552	)
Net sales	$	928,184		$	645,528		$	595,384

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599

+ Details

Earnings Per Share

12 Months Ended

Oct. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share

19. (Loss) Earnings Per Share

We compute basic (loss) earnings per share by dividing net (loss) 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 loss per share was $0.05 for the twelve months ended October 31, 2016. The computation of diluted earnings per share excludes outstanding stock options and other common stock equivalents when their inclusion would be anti-dilutive. This is always the case when an entity incurs a net loss. During the twelve-month period ended October 31, 2016, 378,542 shares of common stock equivalents, 152,227 shares of restricted stock and 67,550 contingent shares related to performance share awards were excluded from the computation of diluted earnings per share.

The computation of basic and diluted earnings per share for the years ended October 31, 2015 and 2014 was as follows (in thousands, except per share data):



	Year Ended October 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	15,614	33,993	$	0.46
Effect of dilutive securities:
Stock options	—		378
Restricted stock	—		131
Diluted earnings per common share	$	15,614	34,502	$	0.46



	Year Ended October 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	8,338	37,128	$	0.22
Effect of dilutive securities:
Stock options	—		467
Restricted stock	—		84
Diluted earnings per common share	$	8,338	37,679	$	0.22

There were no potentially dilutive contingent shares related to performance share awards for the years ended October 31, 2015 and 2014.

For the years ended October 31, 2016, 2015 and 2014, we had 807,372, 860,272 and 954,372 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.

Unaudited Quarterly Data

12 Months Ended

Oct. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Unaudited Quarterly Data

20. Unaudited Quarterly Data

Selected quarterly financial data for the years ended October 31, 2016 and 2015 was as follows (amounts in thousands, except per share amounts):



For the Quarter Ended	January 31, 2016			April 30, 2016		July 31, 2016			October 31, 2016
Net sales	$	201,468		$	229,460	$	248,085		$	249,171
Cost of sales (excluding depreciation and amortization)	159,348			176,497		186,631			188,168
Depreciation and amortization	12,970			13,816		12,973			13,387
Operating (loss) income	(2,138		)	10,556		19,930			8,005
(Loss) income from continuing operations	(7,249		)	3,935		(3,976		)	5,431
Net (loss) income	$	(7,249	)	$	3,935	$	(3,976	)	$	5,431
Basic (loss) earnings per share, continuing operations	$	(0.21	)	$	0.12	$	(0.12	)	$	0.16
Diluted (loss) earnings per share, continuing operations	(0.21		)	0.12		(0.12		)	0.16
Basic (loss) earnings per share	(0.21		)	0.11		(0.12		)	0.16
Diluted (loss) earnings per share	(0.21		)	0.11		(0.12		)	0.16
Cash dividends paid per common share	$	0.04		$	0.04	$	0.04		$	0.04



For the Quarter Ended	January 31, 2015			April 30, 2015		July 31, 2015		October 31, 2015
Net sales	$	127,893		$	141,970	$	180,206	$	195,459
Cost of sales (excluding depreciation and amortization)	105,804			110,812		136,853		145,628
Depreciation and amortization	8,208			7,831		8,502		10,679
Operating (loss) income	(5,615		)	3,689		9,828		16,773
(Loss) income from continuing operations	(3,094		)	2,294		6,471		9,943
Net (loss) income	$	(3,071	)	$	2,294	$	6,927	$	9,943
Basic (loss) earnings per share, continuing operations	$	(0.09	)	$	0.07	$	0.20	$	0.30
Diluted (loss) earnings per share, continuing operations	(0.09		)	0.07		0.19		0.29
Basic (loss) earnings per share	(0.09		)	0.07		0.21		0.30
Diluted (loss) earnings per share	(0.09		)	0.07		0.20		0.29
Cash dividends paid per common share	$	0.04		$	0.04	$	0.04	$	0.04

Quarterly earnings (loss) per share results may not sum to the consolidated earnings per share results on the accompanying consolidated statements of income (loss) due to rounding and changes in weighted average shares during the respective periods.

New Accounting Guidance Adopted	12 Months Ended
New Accounting Guidance Adopted	Oct. 31, 2016
Accounting Changes and Error Corrections [Abstract]
New Accounting Guidance Adopted	21. New Accounting Guidance Adopted In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes. The amendments require deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. We adopted ASU No. 2015-17 as of November 1, 2015 on a retrospective basis. As a result, our presentation of deferred taxes at October 31, 2016 and October 31, 2015 is consistent with this guidance, and therefore the October 31, 2015 presentation reflects a reclassification of current deferred income tax asset of $14.0 million and the noncurrent deferred income tax liability of $5.2 million as a noncurrent deferred income tax asset of $8.8 million. 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. In August 2015, the FASB issued ASU 2015-15, Interest - Imputation of Interest (Subtopic 835-30) Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements, to clarify guidance within ASU 2015-03 with respect to line-of-credit arrangements. ASU 2015-15 allows an entity, in the case of a line-of-credit arrangement, to either follow ASU 2015-03 or defer and present debt issuance costs as an asset and subsequently amortize the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. For the years ended October 31, 2016 and 2015, we elected to forgo the option to present line-of-credit debt issuance costs as an asset provided in ASU 2015-15 and have presented outstanding unamortized deferred loan costs as a direct deduction from the carrying value of all debt outstanding to the extent there is debt outstanding. We elected to early adopt ASU No. 2015-03 as of October 31, 2016 on a retrospective basis. As a result, our presentation of all debt issuance costs at October 31, 2016 and October 31, 2015 is a direct deduction from the carrying amount of the outstanding debt, and the October 31, 2015 presentation reflects a reclassification of $1.3 million of unamortized deferred financing fees from other assets to long term debt, resulting in other assets of $7.3 million and long-term debt of $53.8 million (see Note 8, "Debt and Capital Lease Obligations"). 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 became effective for fiscal years beginning on or after December 15, 2014. We adopted this guidance during fiscal 2016 with no material impact on our consolidated financial statements.

Nature of Operations and Basis of Presentation Organization, Consolidation and Presentation of Financial Statements (Policies)

12 Months Ended

Oct. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Basis of Accounting, Policy

Basis of Presentation and Principles of Consolidation

Use of Estimates, Policy

Use of Estimates

A summary of our significant accounting policies consistently applied in the preparation of the accompanying consolidated financial statements follows:

Revenue Recognition, Deferred Revenue

Revenue Recognition

Cash and Cash Equivalents, Policy

Cash and Cash Equivalents

Concentration Credit Risk and Allowance Policy

Concentration of Credit Risk and Allowance for Doubtful Accounts

Business Combinations Policy

Business Combinations

Inventory, Policy

Inventory

Impairment or Disposal of Long-Lived Assets, Policy

Long-Lived Assets

Property, Plant and Equipment and Intangible Assets with Defined Lives

The estimated useful lives of our primary asset categories at October 31, 2016 were as follows:



	Useful Life (in Years)
Land improvements	7 to 25
Buildings	25 to 40
Building improvements	5 to 20
Machinery and equipment	2 to 15

Leasehold improvements are depreciated over the shorter of their estimated useful lives or the term of the lease.

Goodwill

Liability Reserve Estimate, Policy

Insurance

Pension and Other Postretirement Plans, Pensions, Policy

Retirement Plans

Standard Product Warranty, Policy

Warranty Obligations

Income Tax, Policy

Income Taxes

Derivatives, Policy

Derivative Instruments

Foreign Currency Transactions and Translations Policy

Foreign Currency Translation

Share-based Compensation, Option and Incentive Plans Policy

Stock–Based Compensation

Stockholders' Equity, Policy

Treasury Stock

Earnings Per Share, Policy

Earnings per Share Data

Discontinued Operations, Policy

Discontinued Operations

The following table summarizes the operating results for Nichols for the year ended October 31, 2014:



	October 31, 2014
	(in thousands)
Net sales	$	142,797
Operating loss	(5,094		)
Loss before income taxes, before gain on sale	(5,111		)
Income tax benefit, before gain on sale	1,947
Gain on sale, net of tax of $15,062	24,060
Net income	$	20,896
Basic earnings per common share	$	0.57
Diluted earnings per common share	$	0.56

Subsequent Events, Policy

Subsequent Events

We have evaluated events occurring after the balance sheet date for possible disclosure as a subsequent event through the date the financial statements were issued.

Nature of Operations and Basis of Presentation (Tables)

12 Months Ended

Oct. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Property Assets Useful Life

The estimated useful lives of our primary asset categories at October 31, 2016 were as follows:



	Useful Life (in Years)
Land improvements	7 to 25
Buildings	25 to 40
Building improvements	5 to 20
Machinery and equipment	2 to 15

Cash Flow, Supplemental Disclosures

Supplemental Cash Flow Information

The following table summarizes our supplemental cash flow information for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Cash paid for interest	$	14,594		$	830		$	361
Cash paid for income taxes	3,004			2,561			3,046
Cash received for income tax refunds	1,949			403			66
Noncash investing and financing activities:
Share value cancelled to satisfy tax withholdings	666			153			155
Recognition of unrecognized tax benefit	—			10,883			1,977
Debt assumed in acquisition	—			7,673			—
Debt discount on Term Loan B	6,200			—			—
(Decrease) increase in capitalized expenditures in accounts payable and accrued liabilities	$	(32	)	$	(204	)	$	1,398

Financial Information of Discontinued Operations

The following table summarizes the operating results for Nichols for the year ended October 31, 2014:



	October 31, 2014
	(in thousands)
Net sales	$	142,797
Operating loss	(5,094		)
Loss before income taxes, before gain on sale	(5,111		)
Income tax benefit, before gain on sale	1,947
Gain on sale, net of tax of $15,062	24,060
Net income	$	20,896
Basic earnings per common share	$	0.57
Diluted earnings per common share	$	0.56

- 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
-URI http://asc.fasb.org/extlink&oid=51717284&loc=d3e1361-107760

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721683-107760

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51719941&loc=SL51724579-110230

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5C
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721675-107760

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 4A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721663-107760

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=51719941&loc=d3e2941-110230

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5B
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721673-107760

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 3A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721659-107760

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5A
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721671-107760

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 20
-Section 50
-Paragraph 5D
-URI http://asc.fasb.org/extlink&oid=51717284&loc=SL51721677-107760

+ Details

Acquisitions (Tables)

12 Months Ended

Oct. 31, 2016

Woodcraft

Business Acquisition [Line Items]

Schedule of Business Acquisitions, by Acquisition [Table Text Block]



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	23,944
Inventory	29,552
Prepaid and other current assets	4,081
Property, plant and equipment	63,154
Goodwill	113,747
Intangible assets	62,900
Other non-current assets	24
Accounts payable	(4,620		)
Accrued expenses	(9,492		)
Deferred income tax liabilities, net	(37,386		)
Net assets acquired	$	245,904
Consideration:
Cash, net of cash and cash equivalents acquired	$	245,904

HLP

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation



	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	12,104
Inventory	16,015
Prepaid and other assets	722
Property, plant and equipment	27,218
Goodwill	61,323
Intangible assets	61,101
Other non-current assets	2,252
Accounts payable	(9,375		)
Income taxes payable	(948		)
Accrued expenses	(6,239		)
Deferred tax liabilities	(14,492		)
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

Business Acquisition, Pro Forma Information



	Pro Forma Results
	For the Years Ended
	October 31, 2015		October 31, 2014
	(In thousands, unaudited)
Net sales	$	935,196	$	929,751
Income from continuing operations	$	26,587	$	24,915
Net income	$	27,066	$	16,931
Basic earnings per share	$	0.77	$	0.46
Diluted earnings per share	$	0.77	$	0.45

Greenville

Business Acquisition [Line Items]

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

Receivables & Allowance (Tables)

12 Months Ended

Oct. 31, 2016

Receivables [Abstract]

Accounts Receivable

Accounts receivable consisted of the following as of October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Trade receivables	$	83,384	$	64,156
Other	492		597
Total	$	83,876	$	64,753
Less: Allowance for doubtful accounts	251		673
Accounts receivable, net	$	83,625	$	64,080

Change in Allowance for Doubtful Accounts

The changes in our allowance for doubtful accounts were as follows:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Beginning balance as of November 1, 2015, 2014 and 2013, respectively	$	673		$	698		$	481
Bad debt (benefit) expense	(67		)	25			359
Amounts written off	(371		)	(66		)	(192		)
Recoveries	16			16			50
Balance as of October 31,	$	251		$	673		$	698

Inventories (Tables)

12 Months Ended

Oct. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Raw materials	$	50,584	$	36,865
Finished goods and work in process	36,886		32,206
Supplies and other	1,859		2,064
Total	$	89,329	$	71,135
Less: Inventory reserves	4,994		8,106
Inventories, net	$	84,335	$	63,029

Inventory Reserve Rollforward

The changes in our inventory reserve accounts were are follows for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Beginning balance as of November 1, 2015, 2014 and 2013, respectively	$	8,106		$	5,757		$	5,040
Charged (credited) to cost of sales	8			2,853			960
Write-offs	(3,048		)	(504		)	(243		)
Other	(72		)	—			—
Balance as of October 31,	$	4,994		$	8,106		$	5,757

Values of Inventories

Our inventories at October 31, 2016 and 2015 were valued using the following costing methods:



	October 31,
	2016		2015
	(In thousands)
LIFO	$	4,017	$	3,642
FIFO	80,318		59,387
Total	$	84,335	$	63,029

Property, Plant & and Equipment (Tables)

12 Months Ended

Oct. 31, 2016

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Property, plant and equipment consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Land and land improvements	$	10,264	$	2,149
Buildings and building improvements	76,710		50,050
Machinery and equipment	340,665		292,188
Construction in progress	15,986		13,797
Property, plant and equipment, gross	443,625		358,184
Less: Accumulated depreciation	245,128		217,512
Property, plant and equipment, net	$	198,497	$	140,672

Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Carrying Amount of Goodwill

The change in the carrying amount of goodwill for the years ended October 31, 2016 and 2015 was as follows:



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015 and 2014	$	129,770		$	70,546
Acquisitions	113,747			61,524
Goodwill impairment charge	(12,602		)	—
Other	(575		)	—
Foreign currency translation adjustment	(13,305		)	(2,300		)
Balance as of October 31,	$	217,035		$	129,770

Schedule of Acquired Finite-Lived Intangible Assets by Major Class

Amortizable intangible assets consisted of the following as of October 31, 2016 and 2015:



	October 31, 2016	October 31, 2016				October 31, 2015
	Remaining Weighted Average Useful Life	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
		(In thousands)
Customer relationships	7 years	$	152,146	$	35,693	$	98,750	$	24,628
Trademarks and trade names	12 years	55,481		26,288		58,916		23,416
Patents and other technology	4 years	24,571		16,037		25,881		15,158
Other	1 year	100		100		1,767		1,302
Total		$	232,298	$	78,118	$	185,314	$	64,504

Estimated Amortization Expense Related to Intangible Assets

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



	Estimated Amortization Expense
2017	$	18,263
2018	15,892
2019	15,104
2020	14,045
2021	12,327
Thereafter	78,549
Total	$	154,180

Accrued Liabilities (Tables)

12 Months Ended

Oct. 31, 2016

Accrued Liabilities [Abstract]

Accrued Liabilities

Accrued liabilities consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016		2015
	(In thousands)
Payroll, payroll taxes and employee benefits	$	27,406	$	16,928
Accrued insurance and workers compensation	3,946		2,945
Sales allowances	6,197		6,216
Deferred compensation	362		331
Deferred revenue	238		987
Warranties	295		309
Audit, legal, and other professional fees	2,456		1,862
Accrued taxes	2,151		2,572
Accrued rent	120		196
Earn-out liability⁽¹⁾	8,376		—
Other	3,554		5,018
Accrued liabilities	$	55,101	$	37,364

Debt and Capital Lease Obligations (Tables)

12 Months Ended

Oct. 31, 2016

Debt Disclosure [Abstract]

Debt & Capital Lease Obligations

Long-term debt consisted of the following at October 31, 2016 and 2015:



	October 31,
	2016			2015
	(In thousands)
Revolving Credit Facility	$	120,000		$	50,000
Term Loan A	148,125			—
City of Richmond, Kentucky Industrial Building Revenue Bonds	400			500
Capital lease obligations	3,683			6,900
Unamortized deferred financing fees	$	(2,677	)	$	(1,274	)
Total debt	$	269,531		$	56,126
Less: Current maturities of long-term debt	10,520			2,359
Long-term debt	$	259,011		$	53,767

Debt Covenant Requirements Disclosure

As of October 31, 2015, we were in compliance with the financial covenants set forth in the 2013 Credit Facility, as indicated in the table below:



	Required		Actual
Minimum Interest Coverage Ratio	No less than	3.00:1	69.71:1
Maximum Consolidated Leverage Ratio	No greater than	3.25:1	0.92:1

Schedule Of Applicable Margin And Commitment Fees

In addition, the ABL portion of the 2015 Credit Facilities required payment of a commitment fee (unused line fee) in accordance with the following table:



Level	Average Revolver Usage	Applicable Unused Line Fee Percentage
I	> 50% of the Maximum Revolver Amount	0.25 percentage points
II	< 50% of the Maximum Revolver Amount	0.375 percentage points

The applicable margin and commitment fees are outlined in the following table:



Pricing Level	Consolidated Leverage Ratio	Commitment Fee	LIBOR Rate Loans	Base Rate Loans
I	Less than or equal to 1.50 to 1.00	0.200%	1.50%	0.50%
II	Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00	0.225%	1.75%	0.75%
III	Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00	0.250%	2.00%	1.00%
IV	Greater than 3.00 to 1.00	0.300%	2.25%	1.25%

The Applicable Margin is outlined in the following table:



Level	Average Aggregate Excess Availability	Applicable Margin Relative to Base Rate Loans	Applicable Margin Relative to LIBOR Rate Loans
I	> 66.7% of the Maximum Revolver Amount	0.50 percentage points	1.50 percentage points
II	< 66.7% of the Maximum Revolver Amount and 33.3% of the Maximum Revolver Amount	0.75 percentage points	1.75 percentage points
III	< 33.3% of the Maximum Revolver Amount	1.00 percentage points	2.00 percentage points

Schedule Of Consolidated Leverage Ratio Requirements



Period		Maximum Ratio
Closing Date through January 30, 2017		3.50 to 1.00
January 31, 2017 through January 30, 2018		3.25 to 1.00
January 31, 2018 and thereafter		3.00 to 1.00

Schedule of Maturities of Long-term Debt

The table below presents the scheduled maturity dates of our long-term debt outstanding (net of deferred loan costs) at October 31, 2016 (in thousands):



	Other Long Term Debt		Capital Lease Obligations		Aggregate Maturities
2017	$	8,910	$	1,610	$	10,520
2018	14,535		1,083		15,618
2019	14,535		765		15,300
2020	16,410		225		16,635
2021	211,458		—		211,458
Total	$	265,848	$	3,683	$	269,531

Retirement Plans (Tables)

12 Months Ended

Oct. 31, 2016

Compensation and Retirement Disclosure [Abstract]

Funded Status and Net periodic Benefit Cost

The changes in benefit obligations and plan assets, and our funded status (reported in deferred pension and postretirement benefits on the consolidated balance sheets) were as follows:



	October 31,
	2016			2015
	(In thousands)
Change in Benefit Obligation:
Beginning balance as of November 1, 2015 and 2014, respectively	$	31,035		$	29,070
Service cost	3,712			3,288
Interest cost	828			1,026
Actuarial loss	3,008			38
Benefits paid	(1,061		)	(1,925		)
Administrative expenses	(630		)	(462		)
Projected benefit obligation at October 31,	$	36,892		$	31,035
Change in Plan Assets:
Beginning balance as of November 1, 2015 and 2014, respectively	$	26,132		$	25,329
Actual return on plan assets	1,069			390
Employer contributions	3,700			2,800
Benefits paid	(1,061		)	(1,925		)
Administrative expenses	(630		)	(462		)
Fair value of plan assets at October 31,	$	29,210		$	26,132
Non current liability - Funded Status	$	(7,682	)	$	(4,903	)

Net Periodic Pension Cost

The net periodic benefit cost for the years ended October 31, 2016, 2015 and 2014, was as follows:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Service cost	$	3,712		$	3,288		$	3,313
Interest cost	828			1,026			1,063
Expected return on plan assets	(1,617		)	(1,791		)	(1,722		)
Amortization of net loss	384			—			—
Net periodic benefit cost	$	3,307		$	2,523		$	2,654

Amounts Recognized in Other Comprehensive Income (Loss)

The changes in plan assets and projected benefit obligations which were recognized in our other comprehensive loss for the years ended October 31, 2016, 2015 and 2014 were as follows:



	Year Ended October 31,
	2016		2015		2014
	(In thousands)
Net loss (gain) arising during the period	$	3,556	$	1,439	$	2,596
Less: Amortization of net loss	$	384	$	159	$	—
Total recognized in other comprehensive loss	$	3,172	$	1,280	$	2,596

Assumptions Used in Benefit Calculations

The following table presents our assumptions for pension benefit calculations for the years ended October 31, 2016, 2015 and 2014:



	For the Year Ended October 31,
	2016	2015	2014	2016	2015	2014
Weighted Average Assumptions:	Benefit Obligation			Net Periodic Benefit Cost
Discount rate	3.41%	3.92%	3.64%	3.92%	3.64%	4.18%
Rate of compensation increase	3.00%	3.00%	3.00%	3.00%	3.00%	2.50%
Expected return on plan assets	n/a	n/a	n/a	6.50%	6.75%	7.25%

Allocation and Fair Value of Pension Assets



	Target Allocation		Actual Allocation
	October 31, 2016		October 31, 2016		October 31, 2015
Equity securities	60.0	%	60.0	%	60.0	%
Fixed income	40.0	%	40.0	%	40.0	%



	Fair Value Measurements at
	October 31, 2016		October 31, 2015
	(In thousands)
Money market fund	$	31	$	142

Large capitalization	$	9,297	$	8,367
Small capitalization	3,442		3,114
International equity	3,191		2,831
Other	1,451		1,290
Equity securities	$	17,381	$	15,602

High-quality core bond	$	5,888	$	5,186
High-quality government bond	2,954		2,590
High-yield bond	2,956		2,612
Fixed income	$	11,798	$	10,388

Total securities⁽¹⁾	$	29,210	$	26,132

Expected Benefit Payments



	Pension Benefits
2017	$	3,138
2018	2,734
2019	2,986
2020	3,090
2021	3,193
2022 - 2026	17,271
Total	$	32,412

Amounts Recognized in Balance Sheet

The table below indicates the amount of these liabilities included in the accompanying consolidated balance sheets:



	October 31, 2016		October 31, 2015
	(In thousands)
Accrued liabilities	$	49	$	49
Deferred pension and postretirement benefits	485		798
Total	$	534	$	847

Warranty Obligations (Tables)

12 Months Ended

Oct. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Reconciliation of Activity Related to Accrued Warranty



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015, and 2014, respectively	$	535		$	671
Provision for warranty expense	90			207
Change in accrual for preexisting warranties	(62		)	—
Warranty costs paid	(117		)	(343		)
Total accrued warranty	$	446		$	535
Less: Current portion of accrued warranty	295			309
Long-term portion at October 31,	$	151		$	226

Income Tax (Tables)

12 Months Ended

Oct. 31, 2016

Income Tax Disclosure [Abstract]

Components of Income Tax Expense (Benefit)

The following table summarizes the components of income tax expense from continuing operations for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016			2015			2014
	(In thousands)
Current
Federal	$	1,309		$	49		$	1,271
State and local	154			216			532
Non-U.S.	3,241			2,070			2,535
Total current	4,704			2,335			4,338
Deferred
Federal	(5,932		)	5,766			2,261
State and local	(712		)	439			(258		)
Non-U.S.	(1,825		)	(1,001		)	(873		)
Total deferred	(8,469		)	5,204			1,130
Total income tax (benefit) provision	$	(3,765	)	$	7,539		$	5,468

Effective Income Tax Rate

The following table reconciles our effective income tax rate to the federal statutory rate of 35% for the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016		2015		2014
U.S. tax at statutory rate	35.0	%	35.0	%	35.0	%
State and local income tax	7.4		2.3		2.3
Non-U.S. income tax	32.0		(1.5	)	(0.1	)
U.S. tax on non U.S. earnings	(0.8	)	—		(0.3	)
Deferred rate change	15.2		0.5		5.1
General business credits	6.4		(1.0	)	(1.8	)
Transaction costs	(17.0	)	2.5		—
Uncertain tax positions	—		(3.4	)	(1.2	)
Change in valuation allowance	(0.9	)	(0.5	)	(1.0	)
Other permanent differences	(5.0	)	(1.5	)	1.3
Return to actual adjustments	(5.4	)	0.2		0.3
Effective tax rate	66.9	%	32.6	%	39.6	%

Deferred Tax Assets and Liabilities

Significant components of our net deferred tax liabilities and assets were as follows:



	October 31,
	2016			2015
	(In thousands)
Deferred tax assets:
Employee benefit obligations	$	16,694		$	13,220
Accrued liabilities and reserves	2,929			3,354
Pension and other benefit obligations	4,087			2,956
Inventory	1,759			2,625
Loss and tax credit carry forwards	9,589			12,531
Other	193			187
Total gross deferred tax assets	35,251			34,873
Less: Valuation allowance	1,279			1,064
Total deferred tax assets, net of valuation allowance	33,972			33,809
Deferred tax liabilities:
Property, plant and equipment	18,946			8,303
Goodwill and intangibles	33,348			16,723
Total deferred tax liabilities	52,294			25,026

Net deferred tax (liabilities) assets	$	(18,322	)	$	8,783

Unrecognized Tax Benefits

The following table reconciles the change in the unrecognized income tax benefit associated with uncertain tax positions for the years ended October 31, 2016, 2015 and 2014 (in thousands):



	Unrecognized Income Tax Benefits
Balance at October 31, 2013	$	13,238
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	170
Lapse in statute of limitations	(1,977		)
Balance at October 31, 2014	$	11,431
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	16
Lapse in statute of limitations	(10,883		)
Balance at October 31, 2015	$	564
Additions for tax positions related to the current year	—
Additions for tax positions related to the prior year	15
Balance at October 31, 2016	$	579

Commitments and Contingencies (Tables)

12 Months Ended

Oct. 31, 2016

Commitments and Contingencies Disclosure [Abstract]

Spacer Migration Accrual

A reconciliation of the claims activity related to our spacer migration accrual for the years ended October 31, 2016 and 2015 follows:



	Year Ended October 31,
	2016			2015
	(In thousands)
Beginning balance as of November 1, 2015, and 2014, respectively	$	1,133		$	1,187
Additional claims received	1,147			1,049
Claim payments made	(1,476		)	(956		)
Foreign currency translation adjustment	(3		)	(147		)
Total spacer migration accrual	$	801		$	1,133

Operating Leases of Lessee Disclosure

The following table presents future minimum rental payments under operating leases with remaining terms in excess of one year at October 31, 2016 (in thousands):



	Operating Leases
2017	$	9,794
2018	8,482
2019	7,842
2020	5,904
2021	4,366
Thereafter	30,552
Total	$	66,940

- Definition

Tabular disclosure of a lessee's leasing arrangements including: (1) the basis on which contingent rental payments are determined, (2) the existence and terms of renewal or purchase options and escalation clauses, (3) restrictions imposed by lease arrangements, such as those concerning dividends, additional debt, and further leasing, (4) rent holidays, rent concessions, or leasehold improvement incentives and unusual provisions or conditions. Disclosure may also include the specific period used to amortize material leasehold improvements made at the inception of the lease or during the lease term. Additionally, for operating leases having initial or remaining noncancelable lease terms in excess of one year: (a) future minimum rental payments required as of the date of the latest balance sheet presented, in the aggregate and for each of the five succeeding fiscal years, (b) the total of minimum rentals to be received in the future under noncancelable subleases as of the date of the latest balance sheet presented, and (c) for all operating leases, rental expense for each period for which an income statement is presented, with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included.

+ References + Details

Derivative Instruments (Tables)

12 Months Ended

Oct. 31, 2016

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Schedule of Location in Financial Performance and Financial Position



		Year Ended October 31,
Derivatives Not Designated as Hedging Instruments	Location of Gain or (Loss):	2016	2015	2014
Foreign currency derivatives	Other, net	77	654	568

Schedule of Notional Amounts of Oustanding Derivative Positions

The following table summarizes the notional amounts and fair value of outstanding derivative contracts at October 31, 2016 and 2015 (in thousands):



		Notional as indicated		Fair Value in $
		October 31, 2016	October 31, 2015	October 31, 2016			October 31, 2015
Foreign currency derivatives:
Sell EUR, Buy USD	EUR	5,251	8,076	$	(79	)	$	37
Sell CAD, Buy USD	CAD	186	280	1			1
Sell GBP, Buy USD	GBP	187	226	(1		)	3
Buy EUR, Sell GBP	EUR	130	2	1			—
Buy USD, Sell EUR	USD	1	—	—			—
Buy EUR, Sell USD	EUR	—	807	—			3

Fair Value Measurement of Assets and Liabilities (Tables)

12 Months Ended

Oct. 31, 2016

Fair Value Disclosures [Abstract]

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

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



	October 31, 2016								October 31, 2015
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
Assets
Foreign currency derivatives	$	—	$	2	$	—	$	2	$	—	$	44	$	—	$	44
Total assets	$	—	$	2	$	—	$	2	$	—	$	44	$	—	$	44
Liabilities
Foreign currency derivatives	$	—	$	80	$	—	$	80	$	—	$	—	$	—	$	—
Contingent consideration	—		—		8,376		8,376		—		—		10,414		10,414
Total liabilities	$	—	$	80	$	8,376	$	8,456	$	—	$	—	$	10,414	$	10,414

Stock-Based Compensation (Tables)

12 Months Ended

Oct. 31, 2016

Share-based Compensation [Abstract]

Schedule of Nonvested Restricted Share Activity

A summary of non-vested restricted stock awards activity during the years ended October 31, 2016, 2015 and 2014, follows:



	Restricted Stock Awards		Weighted Average Grant Date Fair Value per Share
Non-vested at October 31, 2013	183,400		$	17.46
Granted	83,400		17.67
Vested	(30,700	)	17.45
Forfeited	(15,300	)	19.25
Non-vested at October 31, 2014	220,800		17.42
Granted	118,800		20.17
Vested	(34,000	)	15.12
Forfeited	(12,600	)	19.57
Non-vested at October 31, 2015	293,000		18.71
Granted	85,500		19.21
Vested	(102,000	)	17.84
Forfeited	(9,800	)	18.97
Non-vested at October 31, 2016	266,700		$	19.19

Schedule of Valuation Assumptions for Stock Options

The following table summarizes the assumptions used to estimate the fair value of our stock options granted during the years ended October 31, 2016, 2015 and 2014.



	Year Ended October 31,
	2016	2015	2014
Weighted-average expected volatility	37.1%	47.7%	55.3%
Weighted-average expected term (in years)	5.4	5.6	6.1
Risk-free interest rate	1.7%	1.6%	1.9%
Expected dividend yield over expected term	1.0%	1.0%	1.0%
Weighted average grant date fair value	$6.32	$8.40	$8.78

Schedule of Stock Option Activity

The following table summarizes our stock option activity for the years ended October 31, 2016, 2015 and 2014.



	Stock Options		Weighted Average Exercise Price		Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value (000s)
Outstanding at October 31, 2013	2,875,276		15.64			$	7,748
Granted	189,200		17.99
Exercised	(306,611	)	19.27
Forfeited/Expired	(169,476	)	18.71
Outstanding at October 31, 2014	2,588,389		16.21		6.2	$	10,238
Granted	123,900		20.28
Exercised	(327,700	)	15.59
Forfeited/Expired	(32,401	)	20.21
Outstanding at October 31, 2015	2,352,188		16.46		5.4	$	6,672
Granted	297,900		19.23
Exercised	(221,850	)	15.43
Forfeited/Expired	(42,018	)	19.78
Outstanding at October 31, 2016	2,386,220		16.84		5.1	$	2,384
Vested or expected to vest at October 31, 2016	2,377,254		16.83		5.1	$	2,384
Exercisable at October 31, 2016	1,978,013		$	16.34	4.4	$	2,384

Schedule of Nonvested Restricted Stock Units Activity

The following table summarizes non-vested restricted stock unit activity during the years ended October 31, 2016, 2015 and 2014:



	Restricted Stock Units		Weighted Average Grant Date Fair Value
Non-vested at October 31, 2013	101,000		$	15.62
Granted	12,135		18.58
Vested	(29,635	)	18.35
Non-vested at October 31, 2014	83,500		15.08
Granted	—		—
Vested	(83,500	)	15.08
Non-vested at October 31, 2015	—		—
Granted	20,445		19.56
Vested	(20,445	)	19.56
Non-vested at October 31, 2016	—		—

Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]



	Year Ended October 31,
	2016		2015			2014
Restricted stock awards	$	1,911	$	1,670		$	1,220
Stock options	2,486		1,713			2,301
Restricted stock units	161		(57		)	781
Performance share awards	2,703		1,504			981
Total compensation expense	7,261		4,830			5,283
Income tax effect	4,858		1,575			2,092
Net compensation expense	$	2,403	$	3,255		$	3,191

Stockholders' Equity (Tables)

12 Months Ended

Oct. 31, 2016

Stockholders' Equity Attributable to Parent [Abstract]

Schedule of Treasury Stock

The following table summarizes the treasury stock activity during the year ended October 31, 2016:



	October 31, 2016
Beginning balance as of November 1, 2015	3,647,103
Restricted stock awards granted	(85,500	)
Stock options exercised	(221,850	)
Balance at end of period	3,339,753

- Definition

Tabular disclosure of an entity's stock, including par or stated value per share, number and dollar amount of share subscriptions, shares authorized, shares issued, shares outstanding, number and dollar amount of shares held in an employee trust, dividend per share, total dividends, share conversion features, par value plus additional paid in capital, the value of treasury stock and other information necessary to a fair presentation, and EPS information. Stock by class includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. Includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity. If more than one issue is outstanding, state the title of each issue and the corresponding dollar amount; dollar amount of any shares subscribed but unissued and the deduction of subscriptions receivable there from; number of shares authorized, issued, and outstanding.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 480
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=27011957&loc=d3e177068-122764

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21553-112644

Reference 5: 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.(d),(e))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6403732&loc=d3e21300-112643

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.28,29)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 30
-Article 5

+ Details

Other Income (Expense) (Tables)

12 Months Ended

Oct. 31, 2016

Other Income and Expenses [Abstract]

Schedule of Other Non-operating Income (Expense)

Other income (expense) included under the caption "Other, net" on the accompanying consolidated statements of income (loss), consisted of the following (in thousands):



	Year Ended October 31,
	2016			2015			2014
Foreign currency transaction losses	$	(5,457	)	$	(1,433	)	$	(695	)
Foreign currency exchange derivative gains	77			654			568
Interest income	106			64			119
Other	(205		)	184			100
Other (expense) income	$	(5,479	)	$	(531	)	$	92

Segment Information (Tables)

12 Months Ended

Oct. 31, 2016

Segment Reporting [Abstract]

Corporate SGA Allocation [Table Text Block]

The following table summarizes corporate general and administrative expense allocated during the years ended October 31, 2016, 2015 and 2014:



	Year Ended October 31,
	2016		2015		2014
	(in thousands)
NA Engineered Components	$	10,487	$	9,638	$	10,170
EU Engineered Components	3,814		2,109		740
NA Cabinet Components	4,767		—		—
Unallocated Corporate & Other	—		5,776		7,581
Allocated general and administrative expense	$	19,068	$	17,523	$	18,491

Segment Information



	NA Eng Comp.		EU Eng. Comp.		NA Cabinet Comp.		Unallocated Corp. & Other			Total
Year Ended October 31, 2016
Net sales	$	560,029	$	150,203	$	223,391	$	(5,439	)	$	928,184
Depreciation and amortization	30,298		9,339		12,948		561			53,146
Operating income (loss)	37,883		13,225		1,821		(16,576		)	36,353
Capital expenditures	22,713		6,141		8,110		279			37,243
Total assets	$	290,725	$	190,995	$	287,012	$	11,621		$	780,353
Year Ended October 31, 2015
Net sales	$	556,550	$	93,644	$	—	$	(4,666	)	$	645,528
Depreciation and amortization	28,911		5,020		—		1,289			35,220
Operating income (loss)	39,253		3,253		—		(17,831		)	24,675
Capital expenditures	25,499		4,396		—		87			29,982
Total assets	$	314,397	$	231,261	$	—	$	19,858		$	565,516
Year Ended October 31, 2014
Net sales	$	544,045	$	55,891	$	—	$	(4,552	)	$	595,384
Depreciation and amortization	28,888		1,898		—		3,083			33,869
Operating income (loss)	27,604		3,756		—		(17,084		)	14,276
Capital expenditures	$	20,990	$	2,445	$	—	$	294		$	23,729

Capital expenditures per the accompanying cash flow statements include $10.1 million for the year ended October 31, 2014 related to Nichols business which was discontinued in 2014.



Year Ended October 31, 2015	As Previously Reported			Reclassification			Current Presentation
	(in thousands)
Engineered Products
Net sales	$	603,296		$	(603,296	)	$	—
Depreciation and amortization	30,587			(30,587		)	—
Operating income (loss)	52,850			(52,850		)	—
Capital expenditures	28,013			(28,013		)	—
Total assets	$	361,281		$	(361,281	)	$	—
International Extrusion
Net sales	$	42,232		$	(42,232	)	$	—
Depreciation and amortization	3,344			(3,344		)	—
Operating income (loss)	1,404			(1,404		)	—
Capital expenditures	1,882			(1,882		)	—
Total assets	$	184,377		$	(184,377	)	$	—
Corporate & Other
Net sales	$	—		$	—		$	—
Depreciation and amortization	1,289			(1,289		)	—
Operating income (loss)	(29,579		)	29,579			—
Capital expenditures	87			(87		)	—
Total assets	$	19,858		$	(19,858	)	$	—
NA Engineered Components
Net sales	$	—		$	556,550		$	556,550
Depreciation and amortization	—			28,911			28,911
Operating income (loss)	—			39,253			39,253
Capital expenditures	—			25,499			25,499
Total assets	$	—		$	314,397		$	314,397
EU Engineered Components
Net sales	$	—		$	93,644		$	93,644
Depreciation and amortization	—			5,020			5,020
Operating income (loss)	—			3,253			3,253
Capital expenditures	—			4,396			4,396
Total assets	$	—		$	231,261		$	231,261
Unallocated Corporate & Other
Net sales	$	—		$	(4,666	)	$	(4,666	)
Depreciation and amortization	—			1,289			1,289
Operating income (loss)	—			(17,831		)	(17,831		)
Capital expenditures	—			87			87
Total assets	$	—		$	19,858		$	19,858



Year Ended October 31, 2014	As Previously Reported			Reclassification			Current Presentation
	(in thousands)
Engineered Products
Net sales	$	595,384		$	(595,384	)	$	—
Depreciation and amortization	30,785			(30,785		)	—
Operating income (loss)	42,271			(42,271		)	—
Capital expenditures	$	23,435		$	(23,435	)	$	—
Corporate & Other
Net sales	$	—		$	—		$	—
Depreciation and amortization	3,084			(3,084		)	—
Operating income (loss)	(27,995		)	27,995			—
Capital expenditures	$	294		$	(294	)	$	—
NA Engineered Components
Net sales	$	—		$	544,045		$	544,045
Depreciation and amortization	—			28,888			28,888
Operating income (loss)	—			27,604			27,604
Capital expenditures	$	—		$	20,990		$	20,990
EU Engineered Components
Net sales	$	—		$	55,891		$	55,891
Depreciation and amortization	—			1,898			1,898
Operating income (loss)	—			3,756			3,756
Capital expenditures	$	—		$	2,445		$	2,445
Unallocated Corporate & Other
Net sales	$	—		$	(4,552	)	$	(4,552	)
Depreciation and amortization	—			3,083			3,083
Operating income (loss)	—			(17,084		)	(17,084		)
Capital expenditures	$	—		$	294		$	294

The following table summarizes the change in the carrying amount of goodwill by segment for the years ended October 31, 2016 and 2015 (in thousands):



	NA Eng. Comp.			EU Eng. Comp.			NA Cabinet Comp.		Unalloc. Corp. & Other		Total
Balance as of October 31, 2014	$	51,314		$	19,232		$	—	$	—	$	70,546
HLP acquisition	—			61,524			—		—		61,524
Asset impairment charge	—			—			—		—		—
Foreign currency translation adjustment	—			(2,300		)	—		—		(2,300		)
Balance as of October 31, 2015	$	51,314		$	78,456		$	—	$	—	$	129,770
Woodcraft acquisition	—			—			113,747		—		113,747
Asset impairment charge	(12,602		)	—			—		—		(12,602		)
Other	—			(575		)	—		—		(575		)
Foreign currency translation adjustment	—			(13,305		)	—		—		(13,305		)
Balance as of October 31, 2016	$	38,712		$	64,576		$	113,747	$	—	$	217,035



	Year Ended October 31,
	2016			2015			2014
	(in thousands)
Operating income	$	36,353		$	24,675		$	14,276
Interest expense	(36,498		)	(991		)	(562		)
Other, net	(5,479		)	(531		)	92
Income tax benefit (expense)	3,765			(7,539		)	(5,468		)
(Loss) income from continuing operations	$	(1,859	)	$	15,614		$	8,338

Schedule of Product Sales

The following table summarizes our product sales for the years ended October 31, 2016, 2015 and 2014 into general groupings to provide additional information to our shareholders.



	Year Ended October 31,
	2016			2015			2014
	(in thousands)
NA Engineered Components:
United States - fenestration	$	466,351		$	462,650		$	453,571
International - fenestration	38,439			33,991			43,345
United States - non-fenestration	36,986			42,143			33,583
International - non-fenestration	18,253			17,766			13,546
	$	560,029		$	556,550		$	544,045
EU Engineered Components:
United States - fenestration	$	412		$	44		$	—
International - fenestration	134,631			87,943			55,891
International - non-fenestration	15,160			5,657			—
	$	150,203		$	93,644		$	55,891
NA Cabinet Components:
United States	$	220,715		$	—		$	—
International	2,676			—			—
	$	223,391		$	—		$	—
Unallocated Corporate & Other
Eliminations	$	(5,439	)	$	(4,666	)	$	(4,552	)
	$	(5,439	)	$	(4,666	)	$	(4,552	)
Net sales	$	928,184		$	645,528		$	595,384

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

The following tables provide information concerning our net sales for the years ended October 31, 2016, 2015 and 2014, and our long-lived assets as of October 31, 2016 and 2015 (in thousands):



	Year Ended October 31,
Net Sales:	2016		2015		2014
United States	$	724,045	$	500,171	$	484,601
Europe	150,710		94,564		57,098
Canada	24,141		22,973		26,605
Asia	20,404		19,268		18,867
Other foreign countries	8,884		8,552		8,213
Total net sales	$	928,184	$	645,528	$	595,384



	Year Ended October 31,
Long-lived assets, net	2016		2015
United States	$	428,203	$	214,479
Germany	19,479		20,117
United Kingdom	121,416		156,656
Mexico	614		—
Total long-lived assets, net	$	569,712	$	391,252

Earnings Per Share (Tables)

12 Months Ended

Oct. 31, 2016

Earnings Per Share [Abstract]

Earnings Per Share, Basic and Diluted

The computation of basic and diluted earnings per share for the years ended October 31, 2015 and 2014 was as follows (in thousands, except per share data):



	Year Ended October 31, 2015
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	15,614	33,993	$	0.46
Effect of dilutive securities:
Stock options	—		378
Restricted stock	—		131
Diluted earnings per common share	$	15,614	34,502	$	0.46



	Year Ended October 31, 2014
	Net Income from Continuing Operations		Weighted Average Shares	Per Share
Basic earnings per common share	$	8,338	37,128	$	0.22
Effect of dilutive securities:
Stock options	—		467
Restricted stock	—		84
Diluted earnings per common share	$	8,338	37,679	$	0.22

Unaudited Quarterly Data (Tables)

12 Months Ended

Oct. 31, 2016

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

Selected quarterly financial data for the years ended October 31, 2016 and 2015 was as follows (amounts in thousands, except per share amounts):



For the Quarter Ended	January 31, 2016			April 30, 2016		July 31, 2016			October 31, 2016
Net sales	$	201,468		$	229,460	$	248,085		$	249,171
Cost of sales (excluding depreciation and amortization)	159,348			176,497		186,631			188,168
Depreciation and amortization	12,970			13,816		12,973			13,387
Operating (loss) income	(2,138		)	10,556		19,930			8,005
(Loss) income from continuing operations	(7,249		)	3,935		(3,976		)	5,431
Net (loss) income	$	(7,249	)	$	3,935	$	(3,976	)	$	5,431
Basic (loss) earnings per share, continuing operations	$	(0.21	)	$	0.12	$	(0.12	)	$	0.16
Diluted (loss) earnings per share, continuing operations	(0.21		)	0.12		(0.12		)	0.16
Basic (loss) earnings per share	(0.21		)	0.11		(0.12		)	0.16
Diluted (loss) earnings per share	(0.21		)	0.11		(0.12		)	0.16
Cash dividends paid per common share	$	0.04		$	0.04	$	0.04		$	0.04



For the Quarter Ended	January 31, 2015			April 30, 2015		July 31, 2015		October 31, 2015
Net sales	$	127,893		$	141,970	$	180,206	$	195,459
Cost of sales (excluding depreciation and amortization)	105,804			110,812		136,853		145,628
Depreciation and amortization	8,208			7,831		8,502		10,679
Operating (loss) income	(5,615		)	3,689		9,828		16,773
(Loss) income from continuing operations	(3,094		)	2,294		6,471		9,943
Net (loss) income	$	(3,071	)	$	2,294	$	6,927	$	9,943
Basic (loss) earnings per share, continuing operations	$	(0.09	)	$	0.07	$	0.20	$	0.30
Diluted (loss) earnings per share, continuing operations	(0.09		)	0.07		0.19		0.29
Basic (loss) earnings per share	(0.09		)	0.07		0.21		0.30
Diluted (loss) earnings per share	(0.09		)	0.07		0.20		0.29
Cash dividends paid per common share	$	0.04		$	0.04	$	0.04	$	0.04

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Concentration (Details) - Sales $ in Millions	12 Months Ended
	Oct. 31, 2016 USD ($) customer	Oct. 31, 2015 USD ($) customer	Oct. 31, 2014 customer
Concentration Risk [Line Items]
Concentration risk, percentage	10.00%	10.00%	10.00%
Number of major customers \| customer	1	2	2
Number of major customers whose business, if lost, could adversely affect business \| customer	1
Accounts receivable	$ 5.9
Customer One
Concentration Risk [Line Items]
Percent of revenue		11.00%	11.00%
Accounts receivable		$ 8.3
Customer Two
Concentration Risk [Line Items]
Percent of revenue		14.00%	15.00%
Accounts receivable		$ 5.0

Nature of Operations and Basis of Presentation, Inventory (Details)	Oct. 31, 2016 plant
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of Plant Locations using LIFO Valuation Method	2

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Long Lived Assets (Details)	12 Months Ended
	Oct. 31, 2016
Land Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	7 years
Land Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	25 years
Building \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	25 years
Building \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Building Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	5 years
Building Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Machinery and Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	2 years
Machinery and Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Stock Options (Details)	12 Months Ended
	Oct. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average period over which unrecognized cost is expected to be recognized	3 years
Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 9 months 18 days
Restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 9 months 18 days
Employees and Officers \| Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Cash Flow (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cash paid for interest	$ 14,594	$ 830	$ 361
Cash paid for income taxes	3,004	2,561	3,046
Cash received for income tax refunds	1,949	403	66
Share value cancelled to satisfy tax withholdings	666	153	155
Lapse in statute of limitations	0	10,883	1,977
Debt assumed in acquisition	0	7,673	0
Debt discount on Term Loan B	6,200	0	0
Change in capitalized expenditures in accounts payable and accrued liabilities	$ (32)	$ (204)	$ 1,398

Nature of Operations and Basis of Presentation, Disposal (Details)	1 Months Ended		12 Months Ended			23 Months Ended
	Jun. 30, 2014 USD ($)	Nov. 30, 2013 USD ($)	Oct. 31, 2016 USD ($) segment $ / shares	Oct. 31, 2015 USD ($) segment $ / shares	Oct. 31, 2014 USD ($) segment $ / shares	Oct. 31, 2015 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of segments \| segment			3	2	2
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Net sales					$ 142,797,000
Operating loss					(5,094,000)
(Loss) income before income taxes, before gain on sale					(5,111,000)
Income tax benefit, before gain on sale					1,947,000
Gain on sale, net of tax of $15,062	$ 24,100,000				24,060,000
Net income (loss)			$ 0	$ 479,000	$ 20,896,000
Basic earnings (loss) per share, discontinued operations (USD per share) \| $ / shares			$ 0.00	$ 0.01	$ 0.57
Diluted earnings (loss) per share, discontinued operations (usd per share) \| $ / shares			$ 0.00	$ 0.01	$ 0.56
Tax effect on gain on sale	15,000,000			$ 15,062
Disposal Group, Including Discontinued Operation, Additional Disclosures [Abstract]
Proceeds from sale of Nichols	107,400,000		$ 0	0	$ 107,431,000
Gain on sale, net of tax	24,100,000				24,060,000
Working capital adjustment	2,600,000
Tax effect on gain on sale	15,000,000			15,062
Severance Costs	$ 400,000		500,000
Purchases of aluminum product from Nichols			4,200,000	9,500,000	14,900,000
Receivable due from Acquiree, Aleris			100,000
Insurance deductible related to fire at Nichols		$ 500,000
Capitalized amount to rebuild the asset, related to fire at Nichols		6,500,000
Costs incurred related to fire loss at Nichols		2,300,000
Impairment charge recognized related to fire loss at Nichols		$ 500,000
Insurance proceeds received for Nichols			0	$ 1,263,000	$ 4,801,000	$ 6,100,000
Gain on involuntary conversion related to fire at Nichols			$ 3,700,000

Nature of Operations and Basis of Presentation Nature of Operations and Business Presentation, Goodwill (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Nov. 02, 2015	Oct. 31, 2015	Oct. 31, 2014
Goodwill	$ 217,035		$ 129,770	$ 70,546
NA Engineered Components Unit One
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	0
Goodwill	12,600
NA Engineered Components Unit Two
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	0
Goodwill	35,900
NA Engineered Components Unit Three
Goodwill, Impaired, Accumulated Impairment Loss	12,600
Goodwill	2,800
EU Engineered Components Unit One [Member]
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	0
Goodwill	48,100
EU Engineered Components Unit Two [Member]
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	0
Goodwill	16,400
NA Cabinet Components
Reporting Unit, Amount of Fair Value in Excess of Carrying Amount	$ 0
Woodcraft
Goodwill		$ 113,747

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Restructuring (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Jun. 30, 2014	Oct. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Supplemental Unemployment Benefits, Severance Benefits		$ 0.4
Severance Costs	$ 0.4	0.5
Restructuring and Related Cost, Accelerated Depreciation		1.0
Future Depreciation Expense, Restructuring		1.6
Additional Amortization, Restructuring		0.3
Future Amortization, Restructuring		$ 1.0

Nature of Operations and Basis of Presentation Nature of Operations and Basis of Presentation, Income Taxes (Details) $ in Millions	12 Months Ended
	Oct. 31, 2016 USD ($)
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Cumulative income from continuing operations	$ 31.3

Acquisitions (Detail) $ / shares in Units, $ in Thousands					3 Months Ended								5 Months Ended	12 Months Ended
Acquisitions (Detail) $ / shares in Units, $ in Thousands	Nov. 07, 2016 USD ($)	Nov. 02, 2015 USD ($)	Jun. 15, 2015 USD ($)	Dec. 31, 2013 USD ($)	Oct. 31, 2016 USD ($) $ / shares	Jul. 31, 2016 $ / shares	Apr. 30, 2016 $ / shares	Jan. 31, 2016 $ / shares	Oct. 31, 2015 USD ($) $ / shares	Jul. 31, 2015 $ / shares	Apr. 30, 2015 $ / shares	Jan. 31, 2015 $ / shares	Oct. 31, 2015 USD ($)	Oct. 31, 2016 USD ($) $ / shares	Oct. 31, 2015 USD ($) $ / shares	Oct. 31, 2014 USD ($) $ / shares	Jun. 30, 2014 USD ($)
Business Acquisition [Line Items]
working capital adjustment																	$ 2,600
Cash, net of cash acquired														$ 245,904	$ 131,689	$ 5,161
Goodwill					$ 217,035				$ 129,770				$ 129,770	$ 217,035	$ 129,770	$ 70,546
Basic (loss) earnings per share \| $ / shares					$ 0.16	$ (0.12)	$ 0.11	$ (0.21)	$ 0.30	$ 0.21	$ 0.07	$ (0.09)		$ (0.05)	$ 0.47	$ 0.79
Tax at statutory rate														35.00%	35.00%	35.00%
Diluted (loss) earnings per share \| $ / shares					$ 0.16	$ (0.12)	$ 0.11	$ (0.21)	$ 0.29	$ 0.20	$ 0.07	$ (0.09)		$ (0.05)	$ 0.47	$ 0.78
HLP Acquisition
Business Acquisition [Line Items]
Cash, net of cash acquired			$ 131,689
Acquisitions, debt assumed			7,700
Acquisitions, contingent consideration			(10,319)
Goodwill			$ 61,323
Ownership percentage			100.00%
Earn-out compensation liability														$ 8,400
Related party rent expense													400	1,300
Related party future rent expense														15,400
Net sales for HLP													42,200
Net (loss) income for HLP													1,500
Earn-out period compensation expense													100	100
Decrease in goodwill													400	600
Accounts receivable for HLP			$ 12,104
Inventories for HLP			16,015
Prepaid and other current assets for HLP			722
Property, plant and equipment for HLP			27,218
Intangible assets for HLP			61,101
Other non-current assets for HLP			2,252
Accounts payable for HLP			(9,375)
Income taxes payable for HLP			(948)
Accrued expenses for HLP			(6,239)
Deferred tax liability for HLP			(14,492)
Net assets acquired			149,681
Debt assumed in acquisition			7,673
Cash paid for acquisition, net of cash and cash equivalents acquired			$ 149,681
Woodcraft
Business Acquisition [Line Items]
Payments to Acquire Businesses, Gross		$ 245,900
working capital adjustment					$ 100									100
Cash, net of cash acquired		245,904
Goodwill		113,747
Net sales for HLP														223,400
Net (loss) income for HLP														4,100
Goodwill, Impaired, Accumulated Impairment Loss					$ 100									$ 100
Accounts receivable for HLP		23,944
Inventories for HLP		29,552
Prepaid and other current assets for HLP		4,081
Property, plant and equipment for HLP		63,154
Intangible assets for HLP		62,900
Other non-current assets for HLP		24
Accounts payable for HLP		(4,620)
Accrued expenses for HLP		(9,492)
Deferred tax liability for HLP		(37,386)
Net assets acquired		245,904
Greenville
Business Acquisition [Line Items]
Inventories for HLP									$ 161				161		$ 161
Prepaid and other current assets for HLP									145				145		145
Property, plant and equipment for HLP									4,695				4,695		4,695
Intangible assets for HLP									290				290		290
Net assets acquired									5,241				5,241		5,241
Cash paid for acquisition, net of cash and cash equivalents acquired				$ 5,200											5,161
Deferred income tax liability									$ (50)				$ (50)		(50)
Gain recognized on bargain purchase				$ 100											80
Manufacturing Facility \| HLP Acquisition
Business Acquisition [Line Items]
Lease term													20 years
Warehouse \| HLP Acquisition
Business Acquisition [Line Items]
Lease term													15 years
Mixing Plant \| HLP Acquisition
Business Acquisition [Line Items]
Lease term													13 years 6 months
Foreign Tax Authority
Business Acquisition [Line Items]
Tax at statutory rate														20.00%
Internal Revenue Service (IRS)
Business Acquisition [Line Items]
Tax at statutory rate														35.00%
United States \| Woodcraft
Business Acquisition [Line Items]
Number of Plants					12									12
MEXICO \| Woodcraft
Business Acquisition [Line Items]
Number of Plants					1									1
Customer relationships \| Woodcraft
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 62,800			$ 57,600									$ 57,600
Finite-Lived Intangible Asset, Useful Life		12 years
Other Intangible Assets \| Woodcraft
Business Acquisition [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles		$ 100
Finite-Lived Intangible Asset, Useful Life		1 year
Scenario, Forecast
Business Acquisition [Line Items]
Earn-out period compensation expense	$ 8,500
Earn out foreign currency impact	$ (100)
Pro Forma
Business Acquisition [Line Items]
Proforma net Sales														935,196	929,751
Proforma income from continuing operations														26,587	24,915
Proforma net income														$ 27,066	$ 16,931
Basic (loss) earnings per share \| $ / shares															$ 0	0
Diluted (loss) earnings per share \| $ / shares															$ 0	$ 0

Receivables & Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
Receivables & Allowance (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2016	Oct. 31, 2015
Receivables [Abstract]
Trade receivables				$ 83,384	$ 64,156
Receivables from employees				492	597
Accounts receivable, gross				83,876	64,753
Allowance for accounts receivable	$ 673	$ 698	$ 481	251	673
Accounts receivable, net				$ 83,625	$ 64,080
Allowance for Doubtful Accounts Receivable [Roll Forward]
Allowance for accounts receivable	673	698	481
Bad debt (benefit) expense	(67)	25	359
Amounts written off	(371)	(66)	(192)
Recoveries	16	16	50
Allowance for accounts receivable	$ 251	$ 673	$ 698

Inventories (Detail) - USD ($) $ in Thousands	12 Months Ended
Inventories (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2016	Oct. 31, 2015
Inventory, Net [Abstract]
Raw materials				$ 50,584	$ 36,865
Finished goods and work in process				36,886	32,206
Supplies and other				1,859	2,064
Total				89,329	71,135
Inventory reserves	$ 8,106	$ 5,757	$ 5,040	4,994	8,106
Inventories, net				84,335	63,029
Inventory Adjustments [Abstract]
Inventory reserves, beginning balance	8,106	5,757	5,040
Charged (credited) to costs & expenses	8	2,853	960
Write-offs	(3,048)	(504)	(243)
Other	(72)	0	0
Inventory reserves, ending balance	4,994	8,106	$ 5,757
LIFO Method Related Items [Abstract]
LIFO				4,017	3,642
FIFO				80,318	59,387
Inventories, net				84,335	63,029
Excess of replacement cost over LIFO value				$ 1,100	$ 1,300
LIFO Adjustment	$ 300	$ 100

Property, Plant & and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Property, Plant and Equipment [Abstract]
Land and land improvements	$ 10,264	$ 2,149
Buildings and building improvements	76,710	50,050
Machinery and equipment	340,665	292,188
Construction in progress	15,986	13,797
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	443,625	358,184
Less: Accumulated depreciation	245,128	217,512
Depreciation	36,200	26,200	$ 24,800
Property, plant and equipment, net	198,497	140,672
Asset impairment charges	12,602	0	505
Capital Lease Obligations
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	7,100	9,400
Less: Accumulated depreciation	900	600
Depreciation	$ 800	$ 500	$ 100

Goodwill and Intangible Assets (Detail) $ in Thousands		12 Months Ended
Goodwill and Intangible Assets (Detail) $ in Thousands	Nov. 02, 2015 USD ($)	Oct. 31, 2016 USD ($)	Oct. 31, 2015 USD ($)	Oct. 31, 2014 USD ($)	Oct. 31, 2016 USD ($) unit	Nov. 02, 2015 USD ($)	Oct. 31, 2015 USD ($)	Jun. 15, 2015 USD ($)
Goodwill [Roll Forward]
Beginning balance		$ 129,770	$ 70,546
Acquisitions		113,747	61,524
Goodwill, Impairment Loss		(12,602)	0
Goodwill, Other Changes		(575)	0
Foreign currency translation adjustment		(13,305)	(2,300)
Ending balance		217,035	129,770	$ 70,546
Finite-Lived Intangible Assets [Line Items]
Amortization		300
Number of reportable units with goodwill balances \| unit					6
Goodwill		129,770	70,546	70,546	$ 217,035		$ 129,770
Gross carrying amount					232,298		185,314
Accumulated amortization					(78,118)		(64,504)
Retirement of fully amortized intangible assets		3,100
Retirement of fully amortized prepaid licenses		1,400
Intangible assets amortization expense		$ 16,900	10,200	$ 9,100
Estimated Amortization Expense
2016					18,263
2017					15,892
2018					15,104
2019					14,045
2020					12,327
Thereafter					78,549
Intangible assets, net					154,180		120,810
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount					152,146		98,750
Accumulated amortization					(35,693)		(24,628)
Weighted Average Useful Life		7 years
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount					55,481		58,916
Accumulated amortization					(26,288)		(23,416)
Weighted Average Useful Life		12 years
Patents and other technology
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount					24,571		25,881
Accumulated amortization					(16,037)		(15,158)
Weighted Average Useful Life		4 years
Other
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount					100		1,767
Accumulated amortization					(100)		$ (1,302)
Weighted Average Useful Life		1 year
Woodcraft
Goodwill [Roll Forward]
Acquisitions		$ 113,747	0
Goodwill, Impairment Loss		0	$ 0
Ending balance	$ 113,747
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 113,747					$ 113,747
Woodcraft \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Customer relationships related to acquired Greenville facility					$ 57,600	62,800
Useful life of customer relationships related to acquired Greenville facility	12 years
Woodcraft \| Other
Finite-Lived Intangible Assets [Line Items]
Customer relationships related to acquired Greenville facility						$ 100
Useful life of customer relationships related to acquired Greenville facility	1 year
HLP Acquisition
Finite-Lived Intangible Assets [Line Items]
Goodwill								$ 61,323
Engineered Products
Finite-Lived Intangible Assets [Line Items]
Number of reportable units with goodwill balances \| unit					3
NA Engineered Components Unit One
Goodwill [Roll Forward]
Ending balance		12,600
Finite-Lived Intangible Assets [Line Items]
Goodwill		12,600			$ 12,600
NA Engineered Components Unit Two
Goodwill [Roll Forward]
Ending balance		35,900
Finite-Lived Intangible Assets [Line Items]
Goodwill		35,900			35,900
NA Engineered Components Unit Three
Goodwill [Roll Forward]
Ending balance		2,800
Finite-Lived Intangible Assets [Line Items]
Goodwill		2,800			$ 2,800
EU Engineered Components
Finite-Lived Intangible Assets [Line Items]
Number of reportable units with goodwill balances \| unit					2
EU Engineered Components Unit One [Member]
Goodwill [Roll Forward]
Ending balance		48,100
Finite-Lived Intangible Assets [Line Items]
Goodwill		48,100			$ 48,100
EU Engineered Components Unit Two [Member]
Goodwill [Roll Forward]
Ending balance		16,400
Finite-Lived Intangible Assets [Line Items]
Goodwill		$ 16,400			$ 16,400

Accrued Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Accrued Liabilities [Abstract]
Payroll, payroll taxes and employee benefits	$ 27,406	$ 16,928
Accrued insurance and workers compensation	3,946	2,945
Sales allowances	6,197	6,216
Deferred compensation	362	331
Deferred revenue	238	987
Warranties	295	309
Audit, legal, and other professional fees	2,456	1,862
accrued other business taxes	2,151	2,572
Accrued Rent	120	196
Treasury share purchase accrual	8,376	0
Other	3,554	5,018
Accrued liabilities	$ 55,101	$ 37,364

Debt and Capital Lease Obligations - Schedule of Debt Obligations (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Debt and Capital Lease Obligations	$ 269,531	$ 56,126
Unamortized deferred financing fees	(2,677)	(1,274)
Less: Current maturities of long-term debt	10,520	2,359
Long-term debt	259,011	53,767
Revolving Credit Facility
Debt Instrument [Line Items]
Debt and Capital Lease Obligations	120,000	50,000
Term Loan A
Debt Instrument [Line Items]
Term Loan A	148,125	0
City of Richmond, Kentucky Industrial Building Revenue Bonds
Debt Instrument [Line Items]
Debt and Capital Lease Obligations	400	500
Capital lease obligations
Debt Instrument [Line Items]
Debt and Capital Lease Obligations	$ 3,683	$ 6,900

Debt and Capital Lease Obligations - Narrative (Details)				3 Months Ended	12 Months Ended
	Jul. 31, 2016	Nov. 02, 2015 USD ($)	Jun. 15, 2015 USD ($)	Oct. 31, 2016 USD ($)	Oct. 31, 2016 USD ($)	Oct. 31, 2015 USD ($)	Oct. 31, 2014 USD ($)	Jul. 29, 2016 USD ($)	Jan. 28, 2013 USD ($)
Debt Instrument [Line Items]
Borrowings under credit facility			$ 92,000,000		$ 634,800,000	$ 117,000,000	$ 0
Repayments of lines of credit					422,875,000	67,000,000	0
Outstanding revolver borrowings						48,700,000
Deferred finance costs, net						1,300,000
Letters of credit, outstanding				$ 5,800,000	5,800,000	5,900,000
Credit Facility, amount available				174,200,000	174,200,000
Amortization of debt discount (premium)					6,200,000	$ 0	$ 0
Debt instrument, unamortized discount (premium), net				2,700,000	2,700,000
Other Long-term debt				4,100,000	$ 4,100,000
Debt instrument, interest rate during period					5.26%	1.28%
2015 Credit Facility
Debt Instrument [Line Items]
Debt instrument, limitation on annual dividend					$ 8,000,000
2015 Credit Facility \| Minimum
Debt Instrument [Line Items]
Fixed charge coverage ratio					1.10
Revolving Credit Facility
Debt Instrument [Line Items]
Debt instrument, term					5 years
Credit facility, maximum borrowing capacity									$ 150,000,000
Credit facility, commitments increase limit									100,000,000
Credit facility, total commitments limit									$ 250,000,000
Interest coverage ratio					69.71
Maximum consolidated leverage ratio					0.92
Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Interest coverage ratio					3.00
Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Maximum consolidated leverage ratio					3.25
Revolving Credit Facility
Debt Instrument [Line Items]
Weighted average interest rate						1.28%
Credit Facility, amount available						$ 86,600,000
Current borrowing rate - Revolver						3.50%
Current borrowing rate - Swing line sub facility						1.45%
Line of Credit
Debt Instrument [Line Items]
Debt instrument, limitation on annual dividend				10,000,000
Line of Credit \| 2015 Credit Facility
Debt Instrument [Line Items]
Outstanding revolver borrowings				309,200,000	$ 309,200,000
Line of Credit \| Term Loan Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity, committed amount								$ 150,000,000.0
Repayments of debt					16,400,000
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Outstanding revolver borrowings				265,400,000	$ 265,400,000
Line of credit facility, maximum borrowing capacity, committed amount								300,000,000.0
Line of Credit \| Credit Agreement
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity, committed amount								$ 450,000,000.0
LIBOR stipulation (less than)					2.00%
Debt, current				$ 9,400,000	$ 9,400,000
Debt instrument, periodic payment, principal					$ 0
Minimum leverage ratio				2.25%	2.25%
Minimum incremental borrowing				$ 10,000,000	$ 10,000,000
Maximum incremental borrowing				150,000,000	$ 150,000,000
Debt instrument, maximum fixed charge coverage ratio					1.10%
Line of Credit \| Swing Line
Debt Instrument [Line Items]
Debt instrument, unused borrowing capacity, amount				15,000,000	$ 15,000,000
Minimum repayment				1,000,000	1,000,000
Minimum repayment multiples				$ 500,000	$ 500,000
Term Loan Facility
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage				2.50%	2.50%
HLP
Debt Instrument [Line Items]
Repayments of lines of credit						$ 42,000,000
Woodcraft \| Line of Credit \| Term Loan Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity, committed amount		$ 310,000,000
Quarterly principal payments		0.0025
LIBOR stipulation (less than)		2.00%
Secured leverage ratio		3.00
Minimum prepayment amount		$ 5,000,000
Incremental prepayment amounts		$ 1,000,000
Prepayment fee		1.00%
Debt instrument, repayment penalty, cash					$ 2,800,000
Amortization of financing costs					8,100,000
Amortization of debt discount (premium)					$ 5,500,000
Woodcraft \| Line of Credit \| Term Loan Facility \| Minimum
Debt Instrument [Line Items]
incremental borrowing capacity		$ 25,000,000
Woodcraft \| Line of Credit \| Term Loan Facility \| Maximum
Debt Instrument [Line Items]
incremental borrowing capacity		50,000,000
Woodcraft \| Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity, committed amount		$ 100,000,000
Base Rate \| Woodcraft \| Line of Credit \| Term Loan Facility
Debt Instrument [Line Items]
Margin on base rate		4.25%
London Interbank Offered Rate (LIBOR) \| Line of Credit \| Credit Agreement
Debt Instrument [Line Items]
Commitment fee percentage	2.00%
London Interbank Offered Rate (LIBOR) \| Woodcraft \| Line of Credit \| Term Loan Facility
Debt Instrument [Line Items]
Margin on base rate		5.25%
Margin on LIBOR		1.00%
Through October 30,2017 \| 2015 Credit Facility \| Maximum
Debt Instrument [Line Items]
Maximum consolidated leverage ratio					4.50
After October 30, 2017 \| 2015 Credit Facility \| Maximum
Debt Instrument [Line Items]
Maximum consolidated leverage ratio					4.00

Debt and Capital Lease Obligations - Schedule of Compliance with the Financial Covenants Requirements (Details) - Revolving Credit Facility	12 Months Ended
	Oct. 31, 2016
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	69.71
Maximum Consolidated Leverage Ratio	0.92
Minimum
Debt Instrument [Line Items]
Minimum Interest Coverage Ratio	3.00
Maximum
Debt Instrument [Line Items]
Maximum Consolidated Leverage Ratio	3.25

Debt and Capital Lease Obligations - Schedule of Consolidated Leverage Ratio (Details) - Line of Credit	12 Months Ended
	Oct. 31, 2016
Closing Date through January 30 2017
Debt Instrument [Line Items]
Secured leverage ratio	3.5
January 31 2017 through January 30 2018
Debt Instrument [Line Items]
Secured leverage ratio	3.25
January 31 2018 and thereafter
Debt Instrument [Line Items]
Secured leverage ratio	3.00

Debt and Capital Lease Obligations - Schedule of Applicable Margins and Commitment Fees (Details)	12 Months Ended
	Oct. 31, 2016
Credit Agreement \| Less than or equal to 1.50 to 1.00 \| Line of Credit
Debt Instrument [Line Items]
Commitment Fee	0.20%
Credit Agreement \| Less than or equal to 1.50 to 1.00 \| Line of Credit \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.50%
Credit Agreement \| Less than or equal to 1.50 to 1.00 \| Line of Credit \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	0.50%
Credit Agreement \| Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00 \| Line of Credit
Debt Instrument [Line Items]
Commitment Fee	0.225%
Credit Agreement \| Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00 \| Line of Credit \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.75%
Credit Agreement \| Greater than 1.50 to 1.00, but less than or equal to 2.25 to 1.00 \| Line of Credit \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	0.75%
Credit Agreement \| Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00 \| Line of Credit
Debt Instrument [Line Items]
Commitment Fee	0.25%
Credit Agreement \| Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00 \| Line of Credit \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	2.00%
Credit Agreement \| Greater than 2.25 to 1.00, but less than or equal to 3.00 to 1.00 \| Line of Credit \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.00%
Credit Agreement \| Greater than 3.00 to 1.00 \| Line of Credit
Debt Instrument [Line Items]
Commitment Fee	0.30%
Credit Agreement \| Greater than 3.00 to 1.00 \| Line of Credit \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	2.25%
Credit Agreement \| Greater than 3.00 to 1.00 \| Line of Credit \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.25%
More than 66.7% of the Maximum Revolver \| Revolving Credit Facility \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.50%
More than 66.7% of the Maximum Revolver \| Revolving Credit Facility \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	0.50%
Less than 66.7% of the Maximum Revolver Amount and 33.3% of the Maximum Revolver Amount \| Revolving Credit Facility \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.75%
Less than 66.7% of the Maximum Revolver Amount and 33.3% of the Maximum Revolver Amount \| Revolving Credit Facility \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	0.75%
Less than 33.3% of the Maximum Revolver Amount \| Revolving Credit Facility \| LIBOR Rate Loans
Debt Instrument [Line Items]
Margin on base rate	2.00%
Less than 33.3% of the Maximum Revolver Amount \| Revolving Credit Facility \| Base Rate Loans
Debt Instrument [Line Items]
Margin on base rate	1.00%
More Than 50% of the Maximum Revolver \| Revolving Credit Facility
Debt Instrument [Line Items]
Commitment Fee	0.25%
Less than 50% of the Maximum Revolver \| Revolving Credit Facility
Debt Instrument [Line Items]
Commitment Fee	0.375%

Debt and Capital Lease Obligations - Schedule of Debt Maturities (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Debt Disclosure [Abstract]
2017, Other Long Term Debt	$ 8,910
2017, Capital Lease Obligations	1,610
2017, Aggregate Maturities	10,520
2018, Other Long Term Debt	14,535
2018, Capital Lease Obligations	1,083
2018, Aggregate Maturities	15,618
2019, Other Long Term Debt	14,535
2019, Capital Lease Obligations	765
2019, Aggregate Maturities	15,300
2020, Other Long Term Debt	16,410
2020, Capital Lease Obligations	225
2020, Aggregate Maturities	16,635
2021, Other Long Term Debt	211,458
2021, Capital Lease Obligations	0
2021, Aggregate Maturities	211,458
Total, Other Long Term Debt	265,848
Total, Capital Lease Obligations	3,683
Total, Aggregate Maturities	$ 269,531	$ 56,126

Debt and Capital Lease Obligations - Other Debt Instruments (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Debt instrument, interest rate during period	5.26%	1.28%
Letters of credit, outstanding	$ 5,800	$ 5,900
Capital lease obligations	$ 3,683
City of Richmond, Kentucky Industrial Building Revenue Bonds
Debt Instrument [Line Items]
Effective percentage rate range, minimum	0.20%
Effective percentage rate range, maximum	1.10%
Debt instrument, interest rate during period	0.50%
Letters of credit, outstanding	$ 400
HLP \| Capital Lease Obligations
Debt Instrument [Line Items]
Acquisitions, debt assumed	$ 7,700
Weighted average interest rate	5.10%
Capital lease obligations	$ 3,700
Capital lease obligations, current	1,600
Capital lease obligations, noncurrent	$ 2,100
Non-HLP \| Capital Lease Obligations
Debt Instrument [Line Items]
Weighted average interest rate	4.60%

Retirement Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
Retirement Plans (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Post Retirement Plan Adjustment	$ 300
Post Retirement Plan Adjustment, Net of Tax	$ 200
Employer contribution percentage match of compensation	4.00%
Benefit pension plan credits - grandfathered employees up to	6.50%
Benefit pension plan - % of participants under cash balance formula	99.00%
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Projected benefit obligation	$ 31,035	$ 29,070
Service cost	3,712	3,288	$ 3,313
Interest cost	828	1,026	1,063
Actuarial loss	3,008	38
Benefits paid	(1,061)	(1,925)
Administrative expenses	(630)	(462)
Projected benefit obligation	36,892	31,035	29,070
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	29,210	26,132	25,329
Actual return on plan assets	1,069	390
Employer contributions	3,700	2,800	4,100
Benefits paid	(1,061)	(1,925)
Administrative expenses	(630)	(462)
Non current liability - Funded Status	(7,682)	(4,903)
Accumulated other comprehensive income (loss), net gains (losses), before tax	8,700	5,500
Aggregate accumulated benefit obligation	35,700	30,300
Net periodic benefit cost:
Service cost	3,712	3,288	3,313
Interest cost	828	1,026	1,063
Expected return on plan assets	(1,617)	(1,791)	(1,722)
Amortization of net loss	384	0	0
Net periodic benefit cost	3,307	2,523	2,654
Other Comprehensive (Income) Loss, Pension and Other Postretirement Benefit Plans, Adjustment, before Tax, [Abstract]
Net loss (gain) arising during the period	3,556	1,439	2,596
Less: Amortization of net loss	384	159	0
Total recognized in other comprehensive loss	$ 3,172	$ 1,280	$ 2,596
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Benefit Obligation, Discount rate	3.41%	3.92%	3.64%
Benefit Obligation, Rate of compensation increase	3.00%	3.00%	3.00%
Net Periodic Benefit Cost, Discount rate	3.92%	3.64%	4.18%
Net Periodic Benefit Cost, Rate of compensation increase	3.00%	3.00%	2.50%
Net Periodic Benefit Cost, Expected long-term return on assets	6.50%	6.75%	7.25%
Fair value of plan assets	$ 29,210	$ 26,132	$ 25,329
Contributions target funded status	100.00%
Employer contributions	$ 3,700	2,800	4,100
Estimated future employer contributions in next fiscal year	3,900
Fiscal Year Maturity [Abstract]
2016	3,138
2017	2,734
2018	2,986
2019	3,090
2020	3,193
2021-2024	17,271
Total	$ 32,412
Employer matching contribution, percent of employees' gross pay	50.00%
Defined contribution employer match of employee amount	5.00%
Employer discretionary contribution amount	$ 2,200	1,700	$ 2,400
Accrued liabilities	49	49
Deferred pension and postretirement benefits	485	798
Total	534	847
Supplemental benefit plan liability	2,700	1,700
Deferred compensation liability	3,500	3,300
Money market fund
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	31	142
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	31	142
Equity securities
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	$ 17,381	$ 15,602
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Target Allocation	60.00%
Actual Allocation	60.00%	60.00%
Fair value of plan assets	$ 17,381	$ 15,602
Large capitalization
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	9,297	8,367
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	9,297	8,367
Small capitalization
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	3,442	3,114
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	3,442	3,114
International equity
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	3,191	2,831
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	3,191	2,831
Other
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	1,451	1,290
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	1,451	1,290
Fixed income
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	$ 11,798	$ 10,388
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Target Allocation	40.00%
Actual Allocation	40.00%	40.00%
Fair value of plan assets	$ 11,798	$ 10,388
High-quality core bond
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	5,888	5,186
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	5,888	5,186
High-quality government bond
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	2,954	2,590
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	2,954	2,590
High-yield bond
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets	2,956	2,612
Defined Benefit Plan, Assumptions Used in Calculations [Abstract]
Fair value of plan assets	$ 2,956	$ 2,612
Woodcraft
Fiscal Year Maturity [Abstract]
Employer matching contribution, percent of employees' gross pay	35.00%
Defined contribution employer match of employee amount	5.00%

Warranty Obligations (Detail) - USD ($) $ in Thousands	12 Months Ended
Warranty Obligations (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Movement in Product Warranty Accrual [Roll Forward]
Beginning balance as of November 1, 2015, and 2014, respectively	$ 535	$ 671
Provision for warranty expense	90	207
Change in accrual for preexisting warranties	(62)	0
Warranty costs paid	(117)	(343)
Total accrued warranty	446	535
Less: Current portion of accrued warranty	295	309
Long-term portion at October 31,	$ 151	$ 226

Income Taxes (Detail) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended	9 Months Ended	12 Months Ended
Income Taxes (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jan. 31, 2015	Jul. 31, 2014	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Current
Federal				$ 1,309	$ 49	$ 1,271
State and local				154	216	532
Non-U.S.				3,241	2,070	2,535
Total current				4,704	2,335	4,338
Deferred
Federal				(5,932)	5,766	2,261
State and local				(712)	439	(258)
Non-U.S.				(1,825)	(1,001)	(873)
Total deferred				(8,469)	5,204	1,130
Total income tax (benefit) provision				$ (3,765)	$ 7,539	$ 5,468
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate				35.00%	35.00%	35.00%
State and local income tax				7.40%	2.30%	2.30%
Non-U.S. income tax				32.00%	(1.50%)	(0.10%)
U.S. tax on non U.S. earnings				(0.80%)	(0.00%)	(0.30%)
Deferred rate change				15.20%	0.50%	5.10%
General business credits				6.40%	(1.00%)	(1.80%)
Employee related items				(17.00%)	2.50%	0.00%
Uncertain tax positions				(0.00%)	(3.40%)	(1.20%)
Change in valuation allowance				(0.90%)	(0.50%)	(1.00%)
Effective Income Tax Rate Reconciliation,Other Reconciling Items, Percent				(5.00%)	(1.50%)	1.30%
Return to actual adjustments				(5.40%)	0.20%	0.30%
Effective tax rate				66.90%	32.60%	39.60%
Effective Income Tax Rate Reconciliation, Excluding Discrete Items, Percent		36.00%	34.90%
Deferred tax assets:
Employee benefit obligations				$ 16,694	$ 13,220
Accrued liabilities and reserves				2,929	3,354
Pension and other benefit obligations				4,087	2,956
Inventory				1,759	2,625
Loss and tax credit carry forwards				9,589	12,531
Other				193	187
Total gross deferred tax assets				35,251	34,873
Less: Valuation allowance				1,279	1,064
Total deferred tax assets, net of valuation allowance				33,972	33,809
Deferred tax liabilities:
Property, plant and equipment				18,946	8,303
Goodwill and intangibles				33,348	16,723
Total deferred tax liabilities				52,294	25,026
Net deferred tax assets				(18,322)	8,783
Operating loss carryforwards				43,800
Tax credit carryforward, amount				4,000
Unrecognized Tax Benefits [Roll Forward]
Unrecognized Tax Benefits		$ 11,431	$ 13,238	564	11,431	$ 13,238
Additions for tax positions related to the current year				0	0	0
Additions for tax positions related to the prior year				15	16	170
Lapse in statute of limitations				0	10,883	1,977
Unrecognized Tax Benefits				579	564	11,431
Liability for uncertain tax positions				579	564
Additions for tax positions					4,000
Increase (Decrease) in Deferred Income Taxes					6,800
Recognition of unrecognized tax benefit					10,003	1,629
Increase (Decrease) in Income Taxes					800
Income tax receivable				1,600	400
Deferred income taxes				18,322	0
Undistributed earnings of foreign subsidiaries				25,600
Potential Tax liabilities on undistributed foreign earnings				$ 6,300
Tax benefit from share-based compensation						$ 400
Internal Revenue Service (IRS)
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate				35.00%
State
Deferred tax liabilities:
Operating loss carryforwards, valuation allowance				$ 1,300	1,100
Federal
Deferred tax liabilities:
Operating loss carryforwards, valuation allowance				800	$ 700
Woodcraft
Unrecognized Tax Benefits [Roll Forward]
Deferred income taxes				37,400
HLP Acquisition
Unrecognized Tax Benefits [Roll Forward]
Deferred income taxes				$ 13,200
HLP \| Her Majesty's Revenue and Customs (HMRC)
Effective Income Tax Rate Reconciliation, Percent [Abstract]
Tax at statutory rate	20.00%

Commitments and Contingencies (Details) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Other Commitments [Line Items]
Rent expense	$ 10,300	$ 8,400	$ 6,900
Total minimum sublease rental to be received	400
Amount purchased under purchase obligations	4,600	8,100
Purchased obligation amount due within the next fiscal year	11,300	3,700
Cumulative asset retirement obligation	2,200
Spacer specific product warranty accrual	801	1,133	$ 1,187
Warranty costs paid	(117)	(343)
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]
2016	9,794
2017	8,482
2018	7,842
2019	5,904
2020	4,366
Thereafter	30,552
Total	66,940
Spacer Migration
Other Commitments [Line Items]
Warranty costs paid	(1,476)	(956)
Additional claims	1,147	1,049
Translation adjustment	$ (3)	$ (147)

Derivative Instruments (Detail) - USD ($) $ in Thousands	12 Months Ended
Derivative Instruments (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	$ 77	$ 654	$ 568
Derivatives [Line Items]
Foreign currency derivatives	2	44
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	80
Other Non Operating Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	77	654	$ 568
Sell EUR, Buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	5,251	8,076
Foreign currency derivatives, fair value	(79)	37
Sell CAD, Buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	186	280
Foreign currency derivatives, fair value	1	1
Sell GBP, Buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	187	226
Foreign currency derivatives, fair value	(1)	3
Buy EUR, Sell USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	130	2
Foreign currency derivatives, fair value	1	0
Buy USD, Sell EUR [Member]
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	1	0
Foreign currency derivatives, fair value	0	0
Buy Eur, sell USD [Member]
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	0	807
Foreign currency derivatives, fair value	0	3
Prepaid and other current assets:
Derivatives [Line Items]
Foreign currency derivatives	100	$ 100
Accrued Liabilities [Member]
Derivatives [Line Items]
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	$ 100

Fair Value Measurement of Assets and Liabilities (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Derivative Asset [Abstract]
Foreign currency derivatives	$ 2	$ 44
Total assets	2	44
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	80
Property, plant and equipment at fair value (non-recurring)	2,400	2,400
Contingent Consideration, Fair Value Disclosure	8,376	10,414
Liabilities, Fair Value Adjustment	8,456	10,414
Fair Value, Inputs, Level 1
Derivative Asset [Abstract]
Total assets	0	0
Fair Value, Inputs, Level 2
Derivative Asset [Abstract]
Foreign currency derivatives	2	44
Total assets	2	44
Foreign Currency Derivative Instruments Not Designated as Hedging Instruments, Liability at Fair Value	80
Liabilities, Fair Value Adjustment	80
Fair Value, Inputs, Level 3
Derivative Asset [Abstract]
Contingent Consideration, Fair Value Disclosure	8,376	10,414
Liabilities, Fair Value Adjustment	$ 8,376	$ 10,414

Stock Based Compensation (Detail) - USD ($)	1 Months Ended	12 Months Ended
Stock Based Compensation (Detail) - USD ($)	Jan. 31, 2016	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Fair Value Assumptions [Abstract]
Weighted-average expected volatility		37.10%	47.70%	55.30%
Weighted-average expected term (in years)		5 years 4 months 24 days	5 years 7 months 6 days	6 years 1 month 6 days
Risk-free interest rate		1.70%	1.60%	1.90%
Expected dividend yield over expected term		1.00%	1.00%	1.00%
Weighted average grant date fair value		$ 6.32	$ 8.40	$ 8.78
Stock Options, [Roll Forward]
Outstanding at beginning of period		2,352,188	2,588,389	2,875,276
Granted		297,900	123,900	189,200
Exercised		(221,850)	(327,700)	(306,611)
Forfeited/Expired		(42,018)	(32,401)	(169,476)
Outstanding at end of period		2,386,220	2,352,188	2,588,389
Vested or expected to vest at end of period		2,377,254
Exercisable at end of period		1,978,013
Weighted Average Exercise Price Per Share
Outstanding at beginning of period		$ 16.46	$ 16.21	$ 15.64
Granted		19.23	20.28	17.99
Exercised		15.43	15.59	19.27
Forfeited/Expired		19.78	20.21	18.71
Outstanding at end of period		16.84	$ 16.46	$ 16.21
Vested or expected to vest at end of period		16.83
Exercisable at end of period		$ 16.34
Weighted Average Remaining Contractual Life
Outstanding at end of period		5 years 1 month 6 days	5 years 4 months 24 days	6 years 2 months 12 days
Vested or expected to vest at end of period		5 years 1 month 6 days
Exercisable at end of period		4 years 4 months 24 days
Aggregate Intrinsic Value
Outstanding at end of period		$ 2,384,000	$ 6,672,000	$ 10,238,000	$ 7,748,000
Vested or expected to vest at end of period		2,384,000
Exercisable at end of period		$ 2,384,000
Additional Disclosures [Abstract]
Number of shares authorized, originally		2,900,000
Number of additional shares authorized		2,400,000
Additional amendment to number of shares authorized		2,350,000
Weighted-average period over which unrecognized cost is expected to be recognized		3 years
Fair value assumptions, expected dividend payments		$ 0.16
Total intrinsic value of options exercised		$ 1,000,000	1,300,000	2,700,000
Cash used to settle restricted stock units			$ 1,700,000	$ 500,000
Performance shares settled in cash		50.00%
Performance shares settled in stock		50.00%
Performance shares granted		158,100	137,400	155,800
Total compensation expense		$ 7,261,000	$ 4,830,000	$ 5,283,000
Income tax effect		4,858,000	1,575,000	2,092,000
Net compensation expense		$ 2,403,000	$ 3,255,000	$ 3,191,000
Restricted stock
Additional Disclosures [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value		$ 19.19	$ 18.71	$ 17.42	$ 17.46
Number of Shares
Non-vested at beginning of the period		293,000	220,800	183,400
Granted		85,500	118,800	83,400
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		$ 19.21	$ 20.17	$ 17.67
Vested		(102,000)	(34,000)	(30,700)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value		$ 17.84	$ 15.12	$ 17.45
Forfeited		(9,800)	(12,600)	(15,300)
Non-vested at end of the period		266,700	293,000	220,800
Additional Disclosures [Abstract]
Vesting period		3 years
Fair value of restricted stock awards vested		$ 1,800,000	$ 500,000	$ 500,000
Unrecognized compensation cost - non vested restricted stock awards		$ 2,100,000
Weighted-average period over which unrecognized cost is expected to be recognized		1 year 9 months 18 days
Total compensation expense		$ 1,911,000	$ 1,670,000	$ 1,220,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value		$ 18.97	$ 19.57	$ 19.25
Stock options
Stock Options, [Roll Forward]
Exercised		(221,850)
Additional Disclosures [Abstract]
Vesting period		3 years
Expiration period		10 years
Weighted-average period over which unrecognized cost is expected to be recognized		1 year 9 months 18 days
Fair value of stock options vested		$ 1,900,000	$ 2,800,000	$ 3,800,000
Unrecognized compensation cost - non vested stock options		800,000
Total compensation expense		$ 2,486,000	$ 1,713,000	$ 2,301,000
Restricted Stock Units (RSUs)
Additional Disclosures [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value		$ 0.00	$ 0.00	$ 15.08	$ 15.62
Number of Shares
Non-vested at beginning of the period		0	83,500	101,000
Granted		20,445	0	12,135
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value		$ 19.56	$ 0.00	$ 18.58
Vested		(20,445)	(83,500)	(29,635)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value		$ 19.56	$ 15.08	$ 18.35
Non-vested at end of the period		0	0	83,500
Additional Disclosures [Abstract]
Vesting period		3 years
Total compensation expense		$ 161,000	$ (57,000)	$ 781,000
Performance Shares
Stock Options, [Roll Forward]
Vested or expected to vest at end of period		135,100
Additional Disclosures [Abstract]
Vesting period		3 years
Performance shares granted	4,300
Total compensation expense		$ 2,703,000	$ 1,504,000	$ 981,000
Dilutive Securities, Effect on Basic Earnings Per Share		$ 67,550
Performance Shares, Cash Settlements		67,550
Minimum
Additional Disclosures [Abstract]
Performance shares vesting percentage		0.00%
Maximum
Additional Disclosures [Abstract]
Performance shares vesting percentage		200.00%
December 2015 [Member] \| Performance Shares
Additional Disclosures [Abstract]
Performance shares forfeited		9,100
December 2014 [Member] \| Performance Shares
Additional Disclosures [Abstract]
Performance shares forfeited			8,200
December 2013 [Member] \| Performance Shares
Additional Disclosures [Abstract]
Performance shares forfeited			9,200	7,000

Stockholders' Equity (Details) - USD ($)	6 Months Ended	12 Months Ended
Stockholders' Equity (Details) - USD ($)	Feb. 28, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Sep. 05, 2014
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares [Roll Forward]
Treasury stock, shares		3,647,103
Shares, Issued		(221,850)	(327,700)	(306,611)
Treasury Stock, shares acquired	3,992,229	2,675,903	1,316,326
Treasury stock, shares		3,339,753	3,647,103
Common stock, shares authorized		125,000,000	125,000,000
Common stock, par value (usd per share)		$ 0.01	$ 0.01
Preferred stock, shares authorized		1,000,000	1,000,000
Common stock, shares issued		37,560,249	37,609,563
Common Stock, shares outstanding		34,220,496	33,962,460
stock repurchase program, authorized amount					$ 75,000,000
Treasury shares purchased, at cost	$ 75,000,000		$ 50,761,000	$ 24,239,000
Deficiency of stock option proceeds recorded to retained earnings		$ 600,000	$ 700,000
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period		(85,500)	(118,800)	(83,400)
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares [Roll Forward]
Shares, Issued		(221,850)

Other Income (Expense) (Detail) - USD ($) $ in Thousands	12 Months Ended
Other Income (Expense) (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Other Income and Expenses [Abstract]
Foreign currency transaction gains (losses)	$ (5,457)	$ (1,433)	$ (695)
Foreign currency exchange derivative gains	77	654	568
Interest income	106	64	119
Other	(205)	184	100
Other income (expense)	$ (5,479)	$ (531)	$ 92

Segment Information (Detail)	3 Months Ended								12 Months Ended
Segment Information (Detail)	Oct. 31, 2016 USD ($)	Jul. 31, 2016 USD ($)	Apr. 30, 2016 USD ($)	Jan. 31, 2016 USD ($)	Oct. 31, 2015 USD ($)	Jul. 31, 2015 USD ($)	Apr. 30, 2015 USD ($)	Jan. 31, 2015 USD ($)	Oct. 31, 2016 USD ($) segment	Oct. 31, 2015 USD ($) segment	Oct. 31, 2014 USD ($) segment	Nov. 02, 2015 USD ($)	Jun. 15, 2015 USD ($)
Segment Reporting Information [Line Items]
Income Tax Expense (Benefit)									$ (3,765,000)	$ 7,539,000	$ 5,468,000
General and Administrative Expense									$ 19,068,000	$ 17,523,000	$ 18,491,000
Number of historical segments \| segment											4
Number of segments \| segment									3	2	2
Net sales									$ 928,184,000	$ 645,528,000	$ 595,384,000
Depreciation and amortization									53,146,000	35,220,000	33,869,000
Operating income (loss)	$ 8,005,000	$ 19,930,000	$ 10,556,000	$ (2,138,000)	$ 16,773,000	$ 9,828,000	$ 3,689,000	$ (5,615,000)	36,353,000	24,675,000	14,276,000
Interest Expense									36,498,000	991,000	562,000
Other, net									(5,479,000)	(531,000)	92,000
Capital expenditures									37,243,000	29,982,000	33,779,000
Long-lived assets, net	569,712,000				391,252,000				569,712,000	391,252,000
Goodwill	217,035,000				129,770,000				217,035,000	129,770,000	70,546,000
Assets	780,353,000				565,516,000				780,353,000	565,516,000
Net sales	249,171,000	$ 248,085,000	$ 229,460,000	$ 201,468,000	195,459,000	$ 180,206,000	$ 141,970,000	$ 127,893,000	928,184,000	645,528,000	595,384,000
Goodwill, Acquired During Period									113,747,000	61,524,000
Goodwill, Impairment Loss									(12,602,000)	0
Goodwill, Other Changes									(575,000)	0
Goodwill, Translation Adjustments									(13,305,000)	$ (2,300,000)
EU Eng. Comp.
Segment Reporting Information [Line Items]
Number of segments \| segment										4
EU Eng. Comp. \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										$ 603,296,000	595,384,000
Depreciation and amortization										30,587,000	30,785,000
Operating income (loss)										52,850,000	42,271,000
Capital expenditures										28,013,000	23,435,000
Assets					361,281,000					361,281,000
EU Eng. Comp. \| Reclassification
Segment Reporting Information [Line Items]
Net sales										(603,296,000)	(595,384,000)
Depreciation and amortization										(30,587,000)	(30,785,000)
Operating income (loss)										(52,850,000)	(42,271,000)
Capital expenditures										(28,013,000)	(23,435,000)
Assets					(361,281,000)					(361,281,000)
EU Eng. Comp. \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										0	0
Operating income (loss)										0	0
Capital expenditures										0	0
Assets					0					0
NA Cabinet Comp. \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										42,232,000
Depreciation and amortization										3,344,000
Operating income (loss)										1,404,000
Capital expenditures										1,882,000
Assets					184,377,000					184,377,000
NA Cabinet Comp. \| Reclassification
Segment Reporting Information [Line Items]
Net sales										(42,232,000)
Depreciation and amortization										(3,344,000)
Operating income (loss)										(1,404,000)
Capital expenditures										(1,882,000)
Assets					(184,377,000)					(184,377,000)
NA Cabinet Comp. \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										0
Depreciation and amortization										0
Operating income (loss)										0
Capital expenditures										0
Assets					0					0
Corporate & Other \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										1,289,000	3,084,000
Operating income (loss)										(29,579,000)	(27,995,000)
Capital expenditures										87,000	294,000
Assets					19,858,000					19,858,000
Corporate & Other \| Reclassification
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										(1,289,000)	(3,084,000)
Operating income (loss)										29,579,000	27,995,000
Capital expenditures										(87,000)	(294,000)
Assets					(19,858,000)					(19,858,000)
Corporate & Other \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										0	0
Operating income (loss)										0	0
Capital expenditures										0	0
Assets					0					0
Nichols \| Current Presentation
Segment Reporting Information [Line Items]
Capital expenditures										10,100,000
United States
Segment Reporting Information [Line Items]
Net sales									724,045,000	500,171,000	484,601,000
Long-lived assets, net	428,203,000				214,479,000				428,203,000	214,479,000
Europe [Member]
Segment Reporting Information [Line Items]
Net sales									150,710,000	94,564,000	57,098,000
Canada
Segment Reporting Information [Line Items]
Net sales									24,141,000	22,973,000	26,605,000
Asia
Segment Reporting Information [Line Items]
Net sales									20,404,000	19,268,000	18,867,000
Other foreign countries
Segment Reporting Information [Line Items]
Net sales									8,884,000	8,552,000	8,213,000
Germany
Segment Reporting Information [Line Items]
Long-lived assets, net	19,479,000				20,117,000				19,479,000	20,117,000
UNITED KINGDOM
Segment Reporting Information [Line Items]
Long-lived assets, net	121,416,000				156,656,000				121,416,000	156,656,000
MEXICO
Segment Reporting Information [Line Items]
Long-lived assets, net	614,000				0				614,000	0
Woodcraft
Segment Reporting Information [Line Items]
Goodwill												$ 113,747,000
Goodwill, Acquired During Period									113,747,000	0
Goodwill, Impairment Loss									0	0
HLP Acquisition
Segment Reporting Information [Line Items]
Goodwill													$ 61,323,000
Operating Segments [Member]
Segment Reporting Information [Line Items]
Net sales									(5,439,000)	(4,666,000)	(4,552,000)
Operating Segments [Member] \| NA Engineered Components
Segment Reporting Information [Line Items]
General and Administrative Expense									$ 10,487,000	9,638,000	10,170,000
Number of segments \| segment									4
Net sales									$ 560,029,000	556,550,000	544,045,000
Depreciation and amortization									30,298,000	28,911,000	28,888,000
Operating income (loss)									37,883,000	39,253,000	27,604,000
Capital expenditures									22,713,000	25,499,000	20,990,000
Goodwill	38,712,000				51,314,000				38,712,000	51,314,000	51,314,000
Assets	290,725,000				314,397,000				290,725,000	314,397,000
Net sales									560,029,000	556,550,000	544,045,000
Goodwill, Acquired During Period									0	0
Goodwill, Impairment Loss									(12,602,000)	0
Goodwill, Other Changes									0
Goodwill, Translation Adjustments									0	0
Operating Segments [Member] \| NA Engineered Components \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										0	0
Operating income (loss)										0	0
Capital expenditures										0	0
Assets					0					0
Operating Segments [Member] \| NA Engineered Components \| Reclassification
Segment Reporting Information [Line Items]
Net sales										556,550,000	544,045,000
Depreciation and amortization										28,911,000	28,888,000
Operating income (loss)										39,253,000	27,604,000
Capital expenditures										25,499,000	20,990,000
Assets					314,397,000					314,397,000
Operating Segments [Member] \| NA Engineered Components \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										556,550,000	544,045,000
Depreciation and amortization										28,911,000	28,888,000
Operating income (loss)										39,253,000	27,604,000
Capital expenditures										25,499,000	20,990,000
Assets					314,397,000					314,397,000
Operating Segments [Member] \| EU Engineered Components
Segment Reporting Information [Line Items]
General and Administrative Expense									3,814,000	2,109,000	740,000
Net sales									150,203,000	93,644,000	55,891,000
Depreciation and amortization									9,339,000	5,020,000	1,898,000
Operating income (loss)									13,225,000	3,253,000	3,756,000
Capital expenditures									6,141,000	4,396,000	2,445,000
Goodwill	64,576,000				78,456,000				64,576,000	78,456,000	19,232,000
Assets	190,995,000				231,261,000				190,995,000	231,261,000
Net sales									150,203,000	93,644,000	55,891,000
Goodwill, Acquired During Period									0	61,524,000
Goodwill, Impairment Loss									0	0
Operating Segments [Member] \| EU Engineered Components \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										0	0
Operating income (loss)										0	0
Capital expenditures										0	0
Assets					0					0
Operating Segments [Member] \| EU Engineered Components \| Reclassification
Segment Reporting Information [Line Items]
Net sales										93,644,000	55,891,000
Depreciation and amortization										5,020,000	1,898,000
Operating income (loss)										3,253,000	3,756,000
Capital expenditures										4,396,000	2,445,000
Assets					231,261,000					231,261,000
Operating Segments [Member] \| EU Engineered Components \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										93,644,000	55,891,000
Depreciation and amortization										5,020,000	1,898,000
Operating income (loss)										3,253,000	3,756,000
Capital expenditures										4,396,000	2,445,000
Assets					231,261,000					231,261,000
Operating Segments [Member] \| NA Cabinet Components
Segment Reporting Information [Line Items]
General and Administrative Expense									4,767,000	0	0
Net sales									223,391,000	0	0
Depreciation and amortization									12,948,000	0	0
Operating income (loss)									1,821,000	0	0
Capital expenditures									8,110,000	0	0
Goodwill	113,747,000				0				113,747,000	0	0
Assets	287,012,000				0				287,012,000	0
Net sales									223,391,000	0	0
Goodwill, Other Changes									0
Goodwill, Translation Adjustments									0	0
Operating Segments [Member] \| United States \| NA Cabinet Components
Segment Reporting Information [Line Items]
Net sales									220,715,000	0	0
Operating Segments [Member] \| International \| NA Cabinet Components
Segment Reporting Information [Line Items]
Net sales									2,676,000	0	0
Operating Segments [Member] \| Non-fenestration \| United States \| NA Engineered Components
Segment Reporting Information [Line Items]
Net sales									36,986,000	42,143,000	33,583,000
Operating Segments [Member] \| Non-fenestration \| United States \| EU Engineered Components
Segment Reporting Information [Line Items]
Net sales										5,657,000
Operating Segments [Member] \| Non-fenestration \| International \| NA Engineered Components
Segment Reporting Information [Line Items]
Net sales									18,253,000	17,766,000	13,546,000
Operating Segments [Member] \| Non-fenestration \| International \| EU Engineered Components
Segment Reporting Information [Line Items]
Net sales									15,160,000		0
Operating Segments [Member] \| Fenestration \| United States \| NA Engineered Components
Segment Reporting Information [Line Items]
Net sales									466,351,000	462,650,000	453,571,000
Operating Segments [Member] \| Fenestration \| United States \| EU Engineered Components
Segment Reporting Information [Line Items]
Net sales									412,000	44,000	0
Operating Segments [Member] \| Fenestration \| International \| NA Engineered Components
Segment Reporting Information [Line Items]
Net sales									38,439,000	33,991,000	43,345,000
Operating Segments [Member] \| Fenestration \| International \| EU Engineered Components
Segment Reporting Information [Line Items]
Net sales									134,631,000	87,943,000	55,891,000
Corporate, Non-segment
Segment Reporting Information [Line Items]
General and Administrative Expense									0	5,776,000	7,581,000
Net sales									(5,439,000)	(4,666,000)	(4,552,000)
Depreciation and amortization									561,000	1,289,000	3,083,000
Operating income (loss)									(16,576,000)	(17,831,000)	(17,084,000)
Capital expenditures									279,000	87,000	294,000
Goodwill	0				0				0	0	0
Assets	$ 11,621,000				19,858,000				11,621,000	19,858,000
Net sales									(5,439,000)	(4,666,000)	(4,552,000)
Goodwill, Acquired During Period									0	0
Goodwill, Impairment Loss									0	0
Goodwill, Other Changes									0
Goodwill, Translation Adjustments									$ 0	0
Corporate, Non-segment \| As Previously Reported
Segment Reporting Information [Line Items]
Net sales										0	0
Depreciation and amortization										0	0
Operating income (loss)										0	0
Capital expenditures										0	0
Assets					0					0
Corporate, Non-segment \| Reclassification
Segment Reporting Information [Line Items]
Net sales										(4,666,000)	(4,552,000)
Depreciation and amortization										1,289,000	3,083,000
Operating income (loss)										(17,831,000)	(17,084,000)
Capital expenditures										87,000	294,000
Assets					19,858,000					19,858,000
Corporate, Non-segment \| Current Presentation
Segment Reporting Information [Line Items]
Net sales										(4,666,000)	(4,552,000)
Depreciation and amortization										1,289,000	3,083,000
Operating income (loss)										(17,831,000)	(17,084,000)
Capital expenditures										87,000	294,000
Assets					$ 19,858,000					$ 19,858,000
Continuing Operations
Segment Reporting Information [Line Items]
Capital expenditures											$ 23,729,000

Earnings Per Share (Detail) - USD ($)	3 Months Ended								12 Months Ended
Earnings Per Share (Detail) - USD ($)	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Earnings Per Share Disclosure [Line Items]
(Loss) income from continuing operations									$ (1,859,000)	$ 15,614,000	$ 8,338,000
Weighted average number of shares outstanding, basic									33,876,000	33,993,000	37,128,000
Weighted average number of shares outstanding, diluted									33,876,000	34,502,000	37,679,000
Basic earnings (loss) per share (usd per share)	$ 0.16	$ (0.12)	$ 0.12	$ (0.21)	$ 0.30	$ 0.20	$ 0.07	$ (0.09)	$ (0.05)	$ 0.46	$ 0.22
(Loss) earnings from continuing operations	$ 0.16	$ (0.12)	$ 0.12	$ (0.21)	$ 0.29	$ 0.19	$ 0.07	$ (0.09)	$ (0.05)	$ 0.46	$ 0.22
Antidilutive securities									807,372	860,272	954,372
Stock options
Earnings Per Share Disclosure [Line Items]
Weighted Average Dilutive Securities									378,542	378,000	467,000
Restricted stock
Earnings Per Share Disclosure [Line Items]
Weighted Average Dilutive Securities									152,227	131,000	84,000
Performance Shares
Earnings Per Share Disclosure [Line Items]
Dilutive Securities									$ 67,550

Unaudited Quarterly Data (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
Net sales	$ 249,171	$ 248,085	$ 229,460	$ 201,468	$ 195,459	$ 180,206	$ 141,970	$ 127,893	$ 928,184	$ 645,528	$ 595,384
Cost of sales (excluding depreciation and amortization)	188,168	186,631	176,497	159,348	145,628	136,853	110,812	105,804	710,644	499,097	464,584
Depreciation and amortization	13,387	12,973	13,816	12,970	10,679	8,502	7,831	8,208
Operating (loss) income	8,005	19,930	10,556	(2,138)	16,773	9,828	3,689	(5,615)	36,353	24,675	14,276
(Loss) income from continuing operations	5,431	(3,976)	3,935	(7,249)	9,943	6,471	2,294	(3,094)
Net (loss) income	$ 5,431	$ (3,976)	$ 3,935	$ (7,249)	$ 9,943	$ 6,927	$ 2,294	$ (3,071)	$ (1,859)	$ 16,093	$ 29,234
Basic earnings (loss) per share (usd per share)	$ 0.16	$ (0.12)	$ 0.12	$ (0.21)	$ 0.30	$ 0.20	$ 0.07	$ (0.09)	$ (0.05)	$ 0.46	$ 0.22
(Loss) earnings from continuing operations	0.16	(0.12)	0.12	(0.21)	0.29	0.19	0.07	(0.09)	(0.05)	0.46	0.22
Basic earnings (loss) per share (usd per share)	0.16	(0.12)	0.11	(0.21)	0.30	0.21	0.07	(0.09)	(0.05)	0.47	0.79
Diluted earnings (loss) per share (usd per share)	0.16	(0.12)	0.11	(0.21)	0.29	0.20	0.07	(0.09)	(0.05)	0.47	0.78
Cash dividends paid per common share (usd per share)	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.04	$ 0.16	$ 0.16	$ 0.16

New Accounting Guidance Adopted (Details) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
New Accounting Pronouncement, Early Adoption [Line Items]
Deferred income taxes	$ 18,322	$ 0
Deferred Finance Costs, Net		1,300
Other assets	6,667	7,255
Long-term debt	$ 259,011	53,767
New Accounting Pronouncement, Early Adoption, Effect [Member]
New Accounting Pronouncement, Early Adoption [Line Items]
Deferred income tax assets, current		(14,000)
Deferred income taxes		(5,200)
Deferred income tax (liabilities) assets, non-current		8,800
Deferred Finance Costs, Net		1,300
Other assets		7,300
Long-term debt		$ 53,800