FINANCIAL INSTRUMENTS (Tables)
 12 Months Ended
Oct. 31, 2012
FINANCIAL INSTRUMENTS  
Fair value of the company's derivatives and consolidated balance sheet location

  The following table presents the fair value of the company's derivatives and consolidated balance sheet location.

   

 

   Asset Derivatives     Liability Derivatives    

 

   October 31, 2012     October 31, 2011     October 31, 2012     October 31, 2011    

 

   Balance
Sheet
Location		     Fair
Value		   Balance
Sheet
Location		     Fair
Value		   Balance
Sheet
Location		     Fair
Value		   Balance
Sheet
Location		     Fair
Value		  
   

Derivatives Designated as Hedging Instruments

                                          

Forward currency contracts

  

Prepaid expenses

  
$
635		  

Prepaid expenses

  
$
–		  

Accrued liabilities

  
$
1,359		  

Accrued liabilities

  
$
563		  

Cross currency swaps

  

Prepaid expenses

    
661		  

Prepaid expenses

    
–		  

Accrued liabilities

    
–		  

Accrued liabilities

    
–		  

Derivatives Not Designated as Hedging Instruments

                                          

Forward currency contracts

  

Prepaid expenses

  
$
360		  

Prepaid expenses

    
–		  

Accrued liabilities

  
$
755		  

Accrued liabilities

    
2,587		  

Cross currency swaps

  

Prepaid expenses

    
385		  

Prepaid expenses

    
–		  

Accrued liabilities

    
–		  

Accrued liabilities

    
–		  
   

Total Derivatives

      
$
2,041		      
$
–		      
$
2,114		      
$
3,150		  
   
Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designed as cash flow hedging instruments

  The following table presents the impact of derivative instruments on the consolidated statements of earnings and the consolidated statements of comprehensive income for the company's derivatives designated as cash flow hedging instruments for the fiscal years ended October 31, 2012 and 2011, respectively.

   

 

   Gain (Loss)
Recognized in OCI on
Derivatives
(Effective Portion)  		   Location of Gain (Loss) Reclassified
from AOCL into Income
(Effective Portion)  		   Gain (Loss) Reclassified
from AOCL into Income
(Effective Portion)  		   Location of Gain (Loss) Recognized in
Income on Derivatives (Ineffective
Portion and excluded from
Effectiveness Testing)  		   Gain (Loss) Recognized
in Income on Derivatives
(Ineffective Portion and
Excluded from
Effectiveness Testing)  		  

Fiscal years ended

     October 31,
2012		     October 31,
2011		         October 31,
2012		     October 31,
2011		         October 31,
2012		     October 31,
2011		  
   

Forward currency contracts

   $ (1,751 ) $ 4,001  

Net sales

   $ (3,561 ) $ (6,254 )

Other income, net

   $ 930   $ (1,049 )
                                   

Forward currency contracts

     1,194     (1,335 )

Cost of sales

     1,500     919                  

Cross currency contracts

     463     –  

Other income, net

     133     –                  
                       

Total

   $ (94 ) $ 2,666  

Total

   $ (1,928 ) $ (5,335 )                
                   
Impact of derivatives not designated as hedges on the consolidated statements of earnings

   The following table presents the impact of derivative instruments on the consolidated statements of earnings for the company's derivatives not designated as hedging instruments.

   

 

       Gain (Loss) Recognized
in Net Earnings
Fiscal Year Ended  		  

 

   Location of Gain (Loss)
Recognized in Net Earnings		     October 31,
2012		     October 31,
2011		  
   

Forward currency contracts

   Other income, net   $ 4,165   $ (6,867 )

Cross currency swaps

   Other income, net     379     –  
   

Total

       $ 4,544   $ (6,867 )
   
Assets and liabilities measured at fair value on a recurring basis

   Assets and liabilities measured at fair value on a recurring basis, as of October 31, 2012 and 2011, respectively, are summarized below:

   

October 31, 2012

     Fair
Value		     Level 1     Level 2     Level 3  
   

Assets:

                          

Cash and cash equivalents

   $ 125,856   $ 125,856   $ –     –  

Forward currency contracts

     995     –     995     –  

Cross currency contracts

     1,046     –     1,046     –  
   

Total assets

   $ 127,897   $ 125,856   $ 2,041     –  
   

Liabilities:

                          

Forward currency contracts

   $ 2,114     –   $ 2,114     –  

Deferred compensation liabilities

     3,547     –     3,547     –  
   

Total liabilities

   $ 5,661     –   $ 5,661     –  
   

 

   

October 31, 2011

     Fair
Value		     Level 1     Level 2     Level 3  
   

Assets:

                          

Cash and cash equivalents

   $ 80,886   $ 80,886     –     –  
   

Total assets

   $ 80,886   $ 80,886     –     –  
   

Liabilities:

                          

Forward currency contracts

   $ 3,150     –   $ 3,150     –  

Deferred compensation liabilities

     4,297     –     4,297     –  
   

Total liabilities

   $ 7,447     –   $ 7,447     –