Acquisition (Tables)

6 Months Ended

Apr. 30, 2025

Schedule of Business Acquisitions, by Acquisition

A preliminary purchase price allocation of the fair value of the assets acquired and liabilities assumed is included in the table below. These estimates are subject to change and will likely result in an increase or decrease in goodwill, particularly with regard to third-party valuations and our estimates of fixed assets, intangible assets, inventory, and deferred income taxes, during the measurement period, which may extend up to one year from the acquisition date.


	As of Date of Opening Balance Sheet
	(In thousands)
Net assets acquired:
Accounts receivable	$	99,574
Inventories	211,617
Prepaid and other assets	21,516
Property, plant and equipment	157,981
Operating lease right-of-use assets	65,414
Goodwill	385,045
Intangible assets	539,285
Accounts payable	(66,769)
Accrued liabilities	(41,958)
Long-term debt	(300,684)
Operating lease liabilities	(66,228)
Deferred income taxes	(145,677)
Other liabilities	(10,502)
Net assets acquired	$	848,614
Consideration:
Total consideration, net of cash and cash equivalents	$	848,614

Business Acquisition, Pro Forma Information

We calculated the pro forma impact of the Tyman acquisition and the associated debt financing on our operating results for the three and six months ended and April 30, 2024. The following pro forma results give effect to these acquisitions, assuming the transaction occurred on November 1, 2023.



	Three Months Ended		Six Months Ended
	April 30, 2024		April 30, 2024

	(In thousands, except per share amounts)
	(Unaudited)
Net sales	$	475,295	$	901,828
Net income	$	16,635	$	31,563
Basic earnings per share	$	0.35	$	0.67
Diluted earnings per share	$	0.35	$	0.67