v3.26.1
Operating segments (Tables)
 9 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Segment Reporting, Reconciliation of Profit (Loss) by Segment to Consolidated
The following table presents information about our reportable segments as further reconciled to consolidated GAAP financial results:
Three Months EndedNine Months Ended
July 31, 2026July 31, 2025July 31, 2026July 31, 2025
Sales
Industrial Precision Solutions$367,249 $350,784 $1,044,576 $970,079 
Medical and Fluid Solutions230,538 219,465 636,571 615,883 
Advanced Technology Solutions219,880 171,260 546,828 453,905 
Total segment sales817,667 741,509 2,227,975 2,039,867 
Adjusted cost of sales
Industrial Precision Solutions(288,399)(267,257)(423,154)(380,404)
Medical and Fluid Solutions(220,876)(211,813)(317,431)(315,182)
Advanced Technology Solutions(188,027)(160,936)(260,056)(215,795)
Total segment adjusted cost of sales(697,302)(640,006)(1,000,641)(911,381)
Adjusted selling and administrative expenses
Industrial Precision Solutions(188,011)(170,290)(275,761)(250,459)
Medical and Fluid Solutions(70,893)(67,453)(105,155)(102,065)
Advanced Technology Solutions(98,396)(93,965)(144,771)(139,282)
Total segment adjusted selling and administrative expenses(357,300)(331,708)(525,687)(491,806)
Depreciation
Industrial Precision Solutions6,166 5,998 18,128 17,237 
Medical and Fluid Solutions8,032 8,011 23,705 25,387 
Advanced Technology Solutions1,534 1,734 4,621 5,005 
Total segment depreciation15,732 15,743 46,454 47,629 
EBITDA
Industrial Precision Solutions129,900 130,130 363,789 356,453 
Medical and Fluid Solutions88,291 83,153 237,690 224,023 
Advanced Technology Solutions65,695 41,546 146,622 103,833 
Total segment EBITDA283,886 254,829 748,101 684,309 
Inventory step-up amortization(2,269)— (3,404)(3,135)
Acquisition related costs(576)(235)(1,110)(1,778)
Severance and other— (451)— (16,725)
Divestiture and related charges— (12,211)— (12,211)
Depreciation and amortization(36,546)(37,847)(109,446)(112,454)
Corporate expenses(21,403)(16,318)(47,441)(40,542)
Interest expense(20,823)(26,258)(65,896)(79,389)
Interest and investment income464 560 1,216 2,054 
Pension settlement charge— — (24,049)— 
Other - net(16,794)(2,945)(6,357)(5,380)
Income before taxes$185,939 $159,124 $491,614 $414,749 
Schedule of Operating Segments, Long Lived Assets
The following table presents additional information about our reportable segments:
Industrial Precision SolutionsMedical and Fluid SolutionsAdvanced Technology SolutionsCorporateTotal
Three months ended July 31, 2026
Amortization of intangibles$7,521 $9,520 $2,304 $— $19,345 
Property, plant and equipment expenditures3,157 4,111 4,327 1,025 12,620 
Three months ended July 31, 2025
Amortization of intangibles$7,412 $9,674 $3,006 $— $20,092 
Property, plant and equipment expenditures2,365 7,684 996 518 11,563 
Nine months ended July 31, 2026
Amortization of intangibles22,593 28,724 7,003 — 58,320 
Property, plant and equipment expenditures8,889 14,915 15,329 1,180 40,313 
Nine months ended July 31, 2025
Amortization of intangibles21,240 28,806 9,053 — 59,099 
Property, plant and equipment expenditures15,948 24,865 5,389 2,800 49,002 
As of July 31, 2026
Identifiable assets (1)
1,884,140 2,188,585 812,137 1,063,058 5,947,920 
As of October 31, 2025
Identifiable assets (1)
1,858,974 2,201,528 738,762 1,118,417 5,917,681 
(1) Operating segment identifiable assets include notes and accounts receivable net of allowance for doubtful accounts, inventories net of reserves, property, plant and equipment net of accumulated depreciation and goodwill. Corporate assets are principally cash and cash equivalents, deferred income taxes, leases, headquarter facilities and intangible assets.
Segment Reporting, Entity-Wide Information Not Provided as Part of Reportable Segment, Geographical Area, Revenue
We had significant net sales, measured based on their geographic destination, as follows:
Three Months EndedNine Months Ended
July 31, 2026July 31, 2025July 31, 2026July 31, 2025
Net external sales
Americas$331,471 $314,568 $901,654 $874,868 
Europe192,432 186,620 569,351 526,878 
Asia Pacific293,764 240,321 756,970 638,121 
Total net external sales817,667 741,509 2,227,975 2,039,867