Quanex Building Products (NX) 10-Q 7 Sep 18 2018 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Jul. 31, 2018	Sep. 04, 2018
Document and Entity Information [Abstract]
Entity Registrant Name	Quanex Building Products Corporation
Trading Symbol	NX
Entity Central Index Key	1,423,221
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Jul. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q3
Amendment Flag	false
Entity Common Stock, Shares Outstanding		35,164,811

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jul. 31, 2018	Oct. 31, 2017
Current assets:
Cash and cash equivalents	$ 12,400	$ 17,455
Accounts receivable, net of allowance for doubtful accounts of $447 and $333	80,236	79,411
Inventories, net (Note 2)	87,105	87,529
Prepaid and other current assets	8,636	7,406
Total current assets	188,377	191,801
Property, plant and equipment, net of accumulated depreciation of $283,811 and $264,047	205,304	211,131
Goodwill (Note 3)	221,587	222,194
Intangible assets, net (Note 3)	127,071	139,778
Other assets	9,184	8,975
Total assets	751,523	773,879
Current liabilities:
Accounts payable	44,871	44,150
Accrued liabilities	31,693	38,871
Income taxes payable (Note 7)	2,405	2,192
Current maturities of long-term debt (Note 4)	16,120	21,242
Total current liabilities	95,089	106,455
Long-term debt (Note 4)	193,654	218,184
Deferred Tax Liabilities, Net, Noncurrent	6,612	4,433
Deferred income taxes (Note 7)	16,765	21,960
Other liabilities	15,640	16,000
Total liabilities	327,760	367,032
Commitments and contingencies (Note 8)
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 37,433,817 and 37,508,877, respectively; outstanding 35,139,713 and 34,838,134, respectively	374	375
Additional paid-in-capital	253,806	255,719
Retained earnings	240,025	225,704
Accumulated other comprehensive loss	(27,601)	(25,076)
Less: Treasury stock at cost, 2,294,104 and 2,670,743 shares, respectively	(42,841)	(49,875)
Total stockholders’ equity	423,763	406,847
Total liabilities and stockholders' equity	$ 751,523	$ 773,879

Condensed Consolidated Balance3

Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Jul. 31, 2018	Oct. 31, 2017
Statement of Financial Position [Abstract]
Allowance for doubtful accounts	$ 447	$ 333
Accumulated depreciation of property, plant and equipment	$ 283,811	$ 264,047
Preferred stock, no par value	$ 0	$ 0
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in usd per share)	$ 0.01	$ 0.01
Common stock, shares authorized	125,000,000	125,000,000
Common stock, shares issued	37,433,817	37,508,877
Common stock, shares outstanding	35,139,713	34,838,134
Treasury stock, shares	2,294,104	2,670,743

Condensed Consolidated Statemen

Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Income Statement [Abstract]
Net sales	$ 239,821	$ 229,367	$ 645,699	$ 634,406
Cost and expenses:
Cost of sales (excluding depreciation and amortization)	185,610	176,758	508,791	494,647
Selling, general and administrative	24,190	20,478	72,049	74,839
Restructuring charges	243	864	851	3,083
Depreciation and amortization	12,691	13,915	39,274	43,701
Operating income	17,087	17,352	24,734	18,136
Non-operating (expense) income:
Interest expense	(2,641)	(2,575)	(7,584)	(7,126)
Other, net	(62)	46	150	572
Income before income taxes	14,384	14,823	17,300	11,582
Income tax (expense) benefit	(3,631)	(4,608)	2,536	(3,631)
(Loss) income from continuing operations	10,753	10,215	19,836	7,951
Net income	$ 10,753	$ 10,215	$ 19,836	$ 7,951
Basic income (loss) per common share	$ 0.31	$ 0.30	$ 0.57	$ 0.23
Diluted income (loss) per common share	$ 0.31	$ 0.29	$ 0.56	$ 0.23
Weighted-average common shares outstanding:
Basic (in shares)	34,840	34,224	34,766	34,141
Diluted (in shares)	35,120	34,924	35,125	34,771
Cash dividends per share (in usd per share)	$ 0.04	$ 0.04	$ 0.12	$ 0.12

Condensed Consolidated Stateme5

Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 10,753	$ 10,215	$ 19,836	$ 7,951
Other comprehensive (loss) income:
Foreign currency translation adjustments (loss) gain	(7,650)	4,698	(1,828)	11,274
Change in pension from net unamortized gain tax (expense)	0	0	(697)	0
Other comprehensive (loss) income	(7,650)	4,698	(2,525)	11,274
Comprehensive income	$ 3,103	$ 14,913	$ 17,311	$ 19,225

Condensed Consolidated Stateme6

Condensed Consolidated Statements of Cash Flow (Unaudited) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Operating activities:
Net income (loss)	$ 19,836	$ 7,951
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization	39,274	43,701
Stock-based compensation	1,002	4,305
Deferred income tax	(5,788)	(1,847)
Other, net	404	1,136
Changes in assets and liabilities:
(Increase) decrease in accounts receivable	(1,247)	6,923
Decrease (increase) in inventory	310	(8,576)
Increase in other current assets	(1,242)	(379)
Increase (decrease) in accounts payable	1,161	(3,145)
Decrease in accrued liabilities	(7,565)	(11,327)
Increase in income taxes payable	231	4,349
Increase in deferred pension and postretirement benefits	2,179	2,537
Increase in other long-term liabilities	210	1,226
Other, net	(312)	(389)
Cash provided by operating activities	48,453	46,465
Investing activities:
Acquisitions, net of cash acquired	0	(8,497)
Capital expenditures	(21,098)	(27,098)
Proceeds from disposition of capital assets	260	1,232
Cash used for investing activities	(20,838)	(34,363)
Financing activities:
Borrowings under credit facility	33,500	53,500
Repayments of credit facility borrowings	(62,750)	(74,125)
Repayments of other long-term debt	(1,394)	(2,240)
Common stock dividends paid	(4,202)	(4,127)
Issuance of common stock	3,767	6,379
Cash paid for payroll tax for shares forfeited upon vesting	960	976
Cash used for financing activities	(32,039)	(21,589)
Effect of exchange rate changes on cash and cash equivalents	(631)	(248)
Decrease in cash and cash equivalents	(5,055)	(9,735)
Cash and cash equivalents at beginning of period	17,455	25,526
Cash and cash equivalents at end of period	$ 12,400	$ 15,791

Condensed Consolidated Stateme7

Condensed Consolidated Statement of Stockholders' Equity - 9 months ended Jul. 31, 2018 - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Treasury Stock
Balance at beginning of period at Oct. 31, 2017	$ 406,847	$ 375	$ 255,719	$ 225,704	$ (25,076)	$ (49,875)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	19,836			19,836
Foreign currency translation adjustment	(1,828)				(1,828)
Common dividends ($0.12 per share)	(4,202)			(4,202)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss) Arising During Period, after Tax	(697)				(697)
Stock-based compensation activity:
Expense related to stock-based compensation	1,002		1,002	0
Stock Issued During Period, Value, Stock Options Exercised	3,767		(149)	(1,274)		5,190
Restricted stock awards granted	0		(1,371)			1,371
Stock Issued During Period, Treasury Shares, Performance Shares Vested			(473)			473
Other	(962)	(1)	(922)	(39)	0	0
Balance at end of period at Jul. 31, 2018	$ 423,763	$ 374	$ 253,806	$ 240,025	$ (27,601)	$ (42,841)

Condensed Consolidated Stateme8

Condensed Consolidated Statement of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Statement of Stockholders' Equity [Abstract]
Common stock, dividends per share (in usd per share)	$ 0.04	$ 0.04	$ 0.12	$ 0.12

Nature of Operations and Basis

Nature of Operations and Basis of Presentation	9 Months Ended
	Jul. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Basis of Presentation	Nature of Operations and Basis of Presentation 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, trim moldings, vinyl decking, fencing, water retention barriers, and conservatory roof components. We have organized our business into three reportable business segments. For additional discussion of our reportable business segments, see Note 14, "Segment Information." We use low-cost, short lead-time 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. The accompanying interim condensed consolidated financial statements include the accounts of Quanex Building Products Corporation. All intercompany accounts and transactions have been eliminated in consolidation. These financial statements have been prepared by us, without audit, pursuant to the rules and regulations of the Securities and Exchange Commission (SEC). Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP) have been condensed or omitted pursuant to such rules and regulations. The condensed consolidated balance sheet as of October 31, 2017 was derived from audited financial information, but does not include all disclosures required by U.S. GAAP. The accompanying financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017 . In our opinion, the accompanying financial statements contain all adjustments (which consist of normal recurring adjustments, except as disclosed herein) necessary to fairly present our financial position, results of operations and cash flows for the interim periods. The results of operations for the periods presented are not necessarily indicative of the results to be expected for the full year or for any future periods. In preparing financial statements, we make informed judgments and estimates that affect the reported amounts of assets and liabilities as of the date of the financial statements and affect the reported amounts of revenues and expenses during the reporting period. We review our estimates on an on-going basis, including those related to impairment of long lived assets and goodwill, contingencies and income taxes. Changes in facts and circumstances may result in revised estimates and actual results may differ from these estimates. 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 rental in the current period. For other costs directly related to the restructuring effort, such as equipment moving costs, we expense in the period incurred. We closed a kitchen and bathroom cabinet door business in Mexico in October 2016 and another plant in Lansing, Kansas in September 2017. We closed two United States vinyl operations plants in November 2016 and January 2017. Pursuant to these restructuring efforts, we expensed $0.2 million and $0.9 million during the three and nine months ended July 31, 2018 respectively, and $0.9 million and $3.1 million , respectively, for the comparable prior year periods. Our facility lease obligations were deemed to be at fair market value and we have not yet negotiated exit from our remaining lease obligations at two of these facilities. We expect to continue to incur costs related to these operating leases and other costs associated with these restructuring efforts during fiscal 2018. In 2017, we evaluated the remaining depreciable lives of property, plant and equipment that will be abandoned or otherwise disposed as of the plant closures and recorded a change in estimate associated with the remaining useful lives of these assets. We recorded accelerated depreciation of $1.0 million and $3.9 million related to this change in estimate for the three and nine months ended July 31, 2017 , respectively. In addition, we evaluated the remaining service lives of intangible assets with defined lives associated with our United States 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 which resulted in an increase in amortization expense of $0.3 million and $1.6 million for the three and nine months ended July 31, 2017 , respectively. We do not expect to incur incremental depreciation and amortization expense in fiscal 2018 associated with these restructuring efforts. Acquisitions As more fully described in our Annual Report on Form 10-K for the year ended October 31, 2017, on November 7, 2016, we paid $8.5 million pursuant to an earn-out provision for the acquisition of HLP. We have included this earn-out payment under the caption "Acquisitions, net of cash acquired" in the accompanying cash flow statement for the nine months ended July 31, 2017 . Related Parties We are party to operating leases associated with HLP for which a former owner, who is now our employee, has an ownership interest. These leases include our primary operating facilities, a finished goods warehouse, a mixing plant, and a manufacturing facility. The lease for the manufacturing facility which has a 20 -year term began in 2007, the lease for the manufacturing facility which has a 15 -year term began in 2012, the lease for the mixing plant has a 13.5 -year term which began in 2013, and the lease for the warehouse has a 20 -year life which began in 2017. We have recorded rent expense pursuant to these agreements of approximately $0.8 million and $1.9 million , for the three and nine months ended July 31, 2018 , respectively and $0.3 million and $0.9 million , respectively, for the comparable prior year periods. Commitments under these lease arrangements are included in our operating and capital lease commitments as disclosed in our Annual Report on Form 10-K for the year ended October 31, 2017.

Inventories

Inventories	9 Months Ended
	Jul. 31, 2018
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consisted of the following at July 31, 2018 and October 31, 2017 : July 31, October 31, (In thousands) Raw materials $ 50,564 $ 50,472 Finished goods and work in process 40,615 40,087 Supplies and other 1,846 2,655 Total 93,025 93,214 Less: Inventory reserves 5,920 5,685 Inventories, net $ 87,105 $ 87,529 Fixed costs related to excess manufacturing capacity, if any, have been expensed in the period they were incurred and, therefore, are not capitalized into inventory. Our inventories at July 31, 2018 and October 31, 2017 were valued using the following costing methods: July 31, October 31, (In thousands) LIFO $ 5,389 $ 4,444 FIFO 81,716 83,085 Total $ 87,105 $ 87,529 During interim periods, we estimate a LIFO reserve based on our expectations of year-end inventory levels and costs. If our calculations indicate that an adjustment at year-end will be required, we may record a proportionate share of this amount during the period. At year-end, we calculate the actual LIFO reserve and record an adjustment for the difference between the annual calculation and any estimates recognized during the interim periods. Because the interim projections are subject to many factors beyond our control, the results could differ significantly from the year-end LIFO calculation. We did not record an interim LIFO reserve adjustment for the nine months ended July 31, 2018 and 2017 . For inventories valued under the LIFO method, replacement cost exceeded the LIFO value by approximately $1.1 million at July 31, 2018 and October 31, 2017 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	9 Months Ended
	Jul. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill The change in the carrying amount of goodwill for the nine months ended July 31, 2018 was as follows: Nine Months Ended July 31, 2018 (In thousands) Beginning balance as of November 1, 2017 $ 222,194 Foreign currency translation adjustment (607 ) Balance as of the end of the period $ 221,587 At our last annual test date, August 31, 2017, we evaluated the recoverability of goodwill at each of our five reportable units with goodwill balances and determined that our goodwill was not impaired. For the reporting unit included in our NA Cabinet Components operating segment, we performed the first step of the goodwill impairment test at March 31, 2018, as our annual long-range planning effort produced lower forecasted results compared to the prior year’s process, a potential indicator of impairment. We determined the fair value of this reporting unit exceeded its carrying value by approximately 4.5% as of March 31, 2018, a reduction from the 5.2% cushion at our August 31, 2017 testing date. As of July 31, 2018, there were no further indicators of impairment. Should our actual results for our NA Cabinet Components operating segment be lower than expected in the future, the corresponding goodwill could become impaired and the impairment could be material. The goodwill impairment testing process is more fully described in our Annual Report on Form 10-K for the year ended October 31, 2017. For a summary of the change in the carrying amount of goodwill by segment, see Note 13, "Segment Information", included herewith. Identifiable Intangible Assets Amortizable intangible assets consisted of the following as of July 31, 2018 and October 31, 2017 : July 31, 2018 October 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Accumulated (In thousands) Customer relationships $ 154,768 $ 56,744 $ 155,230 $ 48,479 Trademarks and trade names 55,912 31,972 56,058 29,509 Patents and other technology 22,304 17,197 22,624 16,146 Total $ 232,984 $ 105,913 $ 233,912 $ 94,134 Pursuant to a change in estimate with regard to the remaining service lives of certain intangible assets, we recorded incremental amortization expense of $0.3 million and $1.6 million for the three and nine months ended July 31, 2017 . See additional disclosure at Note 1, "Nature of Operations, Basis of Presentation and Significant Accounting Policies - Restructuring." During the nine months ended July 31, 2018 , we retired identifiable intangible assets of $0.3 million related to patents and other technology. We had aggregate amortization expense related to intangible assets for the three and nine months ended July 31, 2018 of $4.0 million and $12.2 million , respectively, and $4.4 million and $14.3 million , respectively, for the comparable prior year periods. Estimated remaining amortization expense, based on current intangible balances, for each of the fiscal years ending October 31, is as follows (in thousands): Estimated Amortization Expense 2018 (remaining three months) $ 3,993 2019 15,361 2020 14,304 2021 12,583 2022 11,959 Thereafter 68,871 Total $ 127,071

Debt and Capital Lease Obligati

Debt and Capital Lease Obligations	9 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Debt and Capital Lease Obligations	Debt and Capital Lease Obligations Debt consisted of the following at July 31, 2018 and October 31, 2017 : July 31, October 31, (In thousands) Revolving Credit Facility $ 66,000 $ 84,000 Term Loan A 127,500 138,750 Capital lease obligations and other 17,945 18,764 Unamortized deferred financing fees (1,671 ) (2,088 ) Total debt $ 209,774 $ 239,426 Less: Current maturities of long-term debt 16,120 21,242 Long-term debt $ 193,654 $ 218,184 As more fully described in our Annual Report on Form 10-K for the year ended October 31, 2017, we maintain a $450.0 million credit agreement comprising 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. 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 total $15.0 million for the succeeding twelve-month period, and are included in the accompanying condensed 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. 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 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 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. As of July 31, 2018 , we had $193.5 million of borrowings outstanding under the Credit Agreement (reduced by unamortized debt issuance costs of $1.7 million ), $5.3 million of outstanding letters of credit and $17.9 million outstanding primarily under capital leases. We had $228.6 million available for use under the Credit Agreement at July 31, 2018 . Outstanding borrowings under the Credit Agreement accrue interest at 4.08% per annum. Our weighted average borrowing rate for borrowings outstanding during the nine months ended July 31, 2018 and 2017 was 3.70% and 2.87% , respectively. We were in compliance with our debt covenants as of July 31, 2018 . Other Debt Instruments Historically, we have maintained certain capital lease obligations related to equipment purchases. On February 20, 2017, we entered into a capital lease for warehouse space at HLP with a related-party company that is owned by our employee, the former owner of HLP. This new warehouse was anticipated at the time of the HLP acquisition in June 2015, and the lease was negotiated at arms-length. The lease accrues interest at 3.57% per annum, and extends for a twenty-year period through the year 2036. We recorded the leased asset at inception at fair value of $16.6 million and recorded a corresponding liability for our obligation under this lease. We are recognizing interest expense using the effective interest method over the term. Our cash commitments under this lease are £0.9 million per year for an aggregate of £17.8 million (or approximately $23.4 million ). The cost and accumulated depreciation of property, plant and equipment under all outstanding capital leases at July 31, 2018 was $22.9 million and $3.2 million , respectively, including $16.8 million and $1.3 million , respectively, related to the HLP warehouse lease. Our total obligations under capital leases and other total $17.9 million at July 31, 2018 , of which $1.6 million is classified in the current portion of long-term debt and $16.3 million is classified as long-term debt on the accompanying unaudited condensed consolidated balance sheet. These obligations accrue interest at an average rate of 3.59% , and extend through the year 2036 .

Retirement Plans

Retirement Plans	9 Months Ended
	Jul. 31, 2018
Retirement Benefits [Abstract]
Retirement Plans	Retirement Plans Pension Plan Our non-contributory, single employer defined benefit pension plan covers a majority of our employees in the United States excluding employees of recent acquisitions. Employees of acquired companies may be covered after a transitional period. The net periodic pension cost for this plan for the three and nine months ended July 31, 2018 and 2017 was as follows: Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Service cost $ 960 $ 949 $ 2,932 $ 2,845 Interest cost 279 215 847 642 Expected return on plan assets (543 ) (466 ) (1,630 ) (1,397 ) Amortization of net loss 7 144 49 430 Net periodic benefit cost $ 703 $ 842 $ 2,198 $ 2,520 During 2017, we contributed $3.6 million to fund our plan, and we expect to make a contribution to our plan in September 2018 of approximately $0.8 million , which is in line with our policy to make the minimum annual contributions required while maintaining 100% percent funding. Other Plans We also have a supplemental benefit plan covering certain executive officers and key employees and a non-qualified deferred compensation plan covering members of the Board of Directors and certain key employees. As of July 31, 2018 and October 31, 2017 , our liability under the supplemental benefit plan was approximately $3.9 million and $3.4 million , respectively. The liability associated with the deferred compensation plan was approximately $3.8 million and $4.0 million as of July 31, 2018 and October 31, 2017, respectively. We record the current portion of liabilities associated with these plans under the caption "Accrued Liabilities," and the long-term portion under the caption "Other Liabilities" in the accompanying condensed consolidated balance sheets.

Warranty Obligations

Warranty Obligations	9 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Warranty Obligations	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 condensed consolidated balance sheet) follows: Nine Months Ended July 31, 2018 (In thousands) Beginning balance as of November 1, 2017 $ 323 Change in accrual for preexisting warranties (11 ) Warranty costs paid (15 ) Total accrued warranty as of the end of the period $ 297 Less: Current portion of accrued warranty 143 Long-term portion of accrued warranty $ 154

Income Taxes

Income Taxes	9 Months Ended
	Jul. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes To determine our income tax expense or benefit for interim periods, consistent with accounting standards, we apply the estimated annual effective income tax rate to year-to-date results. Our estimated annual effective tax rates for the nine months ended July 31, 2018 and 2017 were 23.7% and 31.4% , respectively, excluding discrete items. The change in the annual rate was due largely to the effect of the Tax Cuts and Jobs Act (the Act) which was signed into law on December 22, 2017. The Act reduced our federal income tax statutory rate from 35.0% to 23.3% for the fiscal year ending October 31, 2018. Discrete items contributing to the income tax benefit for the nine months ended July 31, 2018 included $7.7 million for the re-measurement of our deferred income tax assets and liabilities due to the decrease in the federal corporate income tax rate, a benefit of $0.2 million for the true up of our accruals and related deferred taxes from prior year filings and settled tax audits, and a charge of $0.1 million related to the vesting or exercise of equity-based compensation awards, partially offset by a tax expense of $1.2 million for the one-time mandatory transition tax on deemed repatriation of previously tax-deferred and unremitted foreign earnings. The following table reconciles our effective income tax benefit rate to the federal statutory rate of 23.3% and 35.0% for the nine months ended July 31, 2018 and 2017 , respectively: Nine months ended July 31, 2018 2017 United States tax at statutory rate 23.3 % 35.0 % State and local income tax 2.8 1.5 Non-United States income tax (0.7 ) (7.8 ) Other permanent differences (1.8 ) 1.9 Deferred rate impact of enactment of tax reform (44.9 ) — Tax impact of stock based compensation 0.8 — Impact of deemed repatriation 7.1 — Return to actual adjustments (1.3 ) 0.8 Effective tax benefit rate (14.7 )% 31.4 % The United States statutory rate of 23.3% reflects the period November 1, 2017 to December 31, 2017 at the previous 35.0% rate and the period January 1, 2018 to October 31, 2018 at the new 21.0% rate. Given the significance of the Act, the SEC staff issued Staff Accounting Bulletin No. 118 (SAB 118), which allows registrants to record provisional amounts during a one year “measurement period”. During the measurement period, impacts of the Act are expected to be recorded at the time a reasonable estimate for all or a portion of the effects can be made, and provisional amounts can be recognized and adjusted as information becomes available, prepared or analyzed. In accordance with SAB 118, a company must reflect the income tax effects of those aspects of the Act for which the accounting under ASC 740 is complete. To the extent that a company’s accounting for certain income tax effects of the Tax Act is incomplete but it is able to determine a reasonable estimate, it must record a provisional estimate in the financial statements. If a company cannot determine a provisional estimate to be included in the financial statements, it should continue to apply ASC 740 on the basis of the provisions of the tax laws that were in effect immediately before the enactment of the Act. As of July 31, 2018 , we have not completed the accounting for the tax effects of the Act. However, we have made an initial assessment of the Act and recorded a discrete benefit of $6.5 million during the nine months ended July 31, 2018 . We believe that our assessment of the re-measurement of our deferred income tax assets and liabilities to be complete, while we consider our tax expense related to the one-time mandatory transition tax on deemed repatriation of previously tax-deferred and unremitted foreign earnings and our tax benefit of stock based compensation to be provisional. At this time, our estimate does not reflect changes in current interpretations of compensation deduction limitations, effects of any state tax law changes and uncertainties regarding interpretations that may arise as a result of federal tax reform. Any additional impact of the enactment of the Act will be recorded as they are identified during the one-year measurement period provided for in SAB 118. In light of the Act, we repatriated $2.8 million of excess cash from our insulating glass spacer division in the United Kingdom during the nine months ended July 31, 2018. This was repatriation of excess cash that was a portion of the one-time mandatory transition tax discussed above. We will continue to evaluate our foreign cash position and may repatriate additional foreign earnings in the future. With the exception of the one-time mandatory transition tax on deemed repatriation of previously tax-deferred and unremitted foreign earnings, we do not anticipate any material tax impact from any potential repatriation of previously unremitted foreign earnings. As of July 31, 2018 , our liability for uncertain tax positions (UTP) of $0.6 million relates to certain state tax items regarding the interpretation of tax laws and regulations. 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. The disallowance of the UTP would not materially affect the annual effective tax rate. We do not believe any of the UTP at July 31, 2018 will be recognized within the next twelve months. We evaluate the likelihood of realization of our deferred tax assets by considering both positive and negative evidence. We believe there is no need for a valuation allowance of the federal net operating losses. We will continue to evaluate our position throughout the year. We maintain a valuation allowance for certain state net operating losses which totaled $1.3 million at July 31, 2018 .

Contingencies

Contingencies	9 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies 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 2018. 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. Litigation From time to time, we, along with our subsidiaries, are involved in various litigation matters arising in the ordinary course of our business, including those arising from or related to contractual matters, commercial disputes, intellectual property, personal injury, environmental matters, product performance or warranties, product liability, insurance coverage and personnel and employment disputes. We regularly review with legal counsel the status of all ongoing proceedings, and we maintain insurance against these risks to the extent deemed prudent by our management and to the extent such insurance is available. However, there is no assurance that we will prevail in these matters or that our insurers will accept full coverage of these matters, and we could, in the future, incur judgments, enter into settlements of claims, or revise our expectations regarding the outcome or insurability of matters we face, which could materially impact our results of operations. We have been and are currently party to multiple claims, some of which are in litigation, relating to alleged defects in a commercial sealant product that was manufactured and sold during the 2000's. During the nine months ended July 31, 2018 and 2017, our insurance carrier reimbursed fees and expenses originally incurred as part of our defense of these various commercial sealant claims totaling $0.5 million and $2.0 million , respectively. While we believe that our product was not defective and that we would prevail in these commercial sealant product claims if taken to trial, the timing, ultimate resolution and potential impact of these claims is not currently determinable. Nevertheless, after taking into account all currently available information, including our defenses, the advice of our counsel, and the extent and currently-expected availability of our existing insurance coverage, we believe that the eventual outcome of these commercial sealant claims will not have a material adverse effect on our overall financial condition, results of operations or cash flows, and we have not recorded any accrual with regard to these claims.

Derivative Instruments

Derivative Instruments	9 Months Ended
	Jul. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments Our derivative activities are subject to the management, direction, and control of the Chief Financial Officer and Chief Executive Officer. Certain transactions in excess of specified levels require further approval from the Board of Directors. The nature of our business activities requires the management of various financial and market risks, including those related to changes in foreign currency exchange rates. We have historically used foreign currency forwards and options to mitigate or eliminate certain of those risks at our subsidiaries. We use foreign currency contracts to offset fluctuations in the value of accounts receivable and accounts payable balances that are denominated in currencies other than the United States dollar, including the Euro, British Pound and Canadian Dollar. Currently, we do not enter into derivative transactions for speculative or trading purposes. We are exposed to credit loss in the event of nonperformance by the counterparties to our derivative transactions. We attempt to mitigate this risk by monitoring the creditworthiness of our counterparties and limiting our exposure to individual counterparties. In addition, we have established master netting agreements in certain cases to facilitate the settlement of gains and losses on specific derivative contracts. We have not designated any of our derivative contracts as hedges for accounting purposes in accordance with the provisions under the Accounting Standards Codification Topic 815 "Derivatives and Hedging " (ASC 815). Therefore, changes in the fair value of these contracts and the realized gains and losses are recorded in the unaudited condensed consolidated statements of income (loss) for the three and six months ended July 31, 2018 and 2017 as follows (in thousands): Three Months Ended Nine Months Ended July 31, July 31, Location of gains (losses): 2018 2017 2018 2017 Other, net Foreign currency derivatives $ 11 $ (323 ) $ (18 ) $ (213 ) 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 the accompanying condensed 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 October 31, 2017. Less than $0.1 million of fair value related to foreign currency derivatives was included in accrued liabilities as of July 31, 2018 and October 31, 2017 . The following table summarizes the notional amounts and fair value of outstanding derivative contracts at July 31, 2018 and October 31, 2017 (in thousands): Notional as indicated Fair Value in $ July 31, October 31, July 31, October 31, Foreign currency derivatives: Sell EUR, buy USD EUR $ 138 $ 1,271 $ — $ 24 Sell CAD, buy USD CAD 314 320 (1 ) 1 Sell GBP, buy USD GBP 123 75 — — Buy EUR, sell GBP EUR 48 30 — (1 ) Buy USD, sell EUR USD 17 — — — For the classification in the fair value hierarchy, see Note 10, "Fair Value Measurement of Assets and Liabilities", included herewith.

Fair Value Measurement of Asset

Fair Value Measurement of Assets and Liabilities	9 Months Ended
	Jul. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value Measurement of Assets and Liabilities	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 data 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. As of July 31, 2018 and October 31, 2017 , foreign currency derivatives were the only instruments being measured on a recurring basis. Less than $0.1 million of foreign currency derivatives were included in total liabilities as of July 31, 2018 and less than $0.1 million of foreign currency derivatives were included in total assets and total liabilities as of October 31, 2017 . 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 have recorded land totaling approximately $2.4 million at fair value on a non-recurring basis which is classified as a Level 3 measurement as of July 31, 2018 and October 31, 2017 . The fair value was based on broker opinions received during the fourth fiscal quarter of the year ended October 31, 2017. Carrying amounts reported on the balance sheet for cash, cash equivalents, accounts receivable and accounts payable approximate fair value due to the short-term maturity of these instruments. Our outstanding debt is variable rate debt that re-prices frequently, thereby limiting our exposure to significant change in interest rate risk. As a result, the fair value of our debt instruments approximates carrying value at July 31, 2018 , and October 31, 2017 (Level 3 measurement).

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Jul. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	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, performance restricted stock units, 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 authorized for grant under the 2008 Plan is 7,650,000 as approved by shareholders. Any officer, key employee and/or non-employee director is eligible for awards under the 2008 Plan. We grant restricted stock units to non-employee directors on the first business day of each fiscal year. As approved by the Compensation & Management Development Committee of our Board of Directors annually, we grant a mix of stock options, restricted stock awards, performance shares and/or performance restricted stock units to officers, management and key employees. Occasionally, we may make additional grants to key employees at other times during the year. Restricted Stock Awards Restricted stock awards are granted to key employees and officers annually, and typically cliff vest over a three year period with service and continued employment as the only vesting criteria. The recipient of the restricted stock award is entitled to all of the rights of a shareholder, except that the award is nontransferable during the vesting period. The fair value of the restricted stock award is established on the grant date and then expensed over the vesting period resulting in an increase in additional paid-in-capital. Shares are generally issued from treasury stock at the time of grant. A summary of non-vested restricted stock awards activity during the nine months ended July 31, 2018 is presented below: Restricted Stock Awards Weighted Average Non-vested at October 31, 2017 284,300 $ 19.66 Granted 73,400 20.70 Cancelled (28,700 ) 19.66 Vested (111,800 ) 20.16 Non-vested at July 31, 2018 217,200 $ 19.76 The total weighted average grant-date fair value of restricted stock awards that vested during each of the nine month periods ended July 31, 2018 and 2017 was $2.3 million and $1.3 million , respectively. As of July 31, 2018 , total unrecognized compensation cost related to unamortized restricted stock awards was $1.9 million . We expect to recognize this expense over the remaining weighted average vesting 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 annual grant of stock options to non-employee directors. Employee 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. For employees who are nearing retirement-eligibility, we recognize stock option expense ratably over the shorter of the vesting period or the period from the grant-date to the retirement-eligibility date. During December 2017, the Compensation & Management Committee of the Board of Directors approved a change to the long-term incentive award program eliminating the grant of stock options and replacing this award with a grant of performance restricted stock units as further described below. We use a Black-Scholes pricing model to estimate the fair value of stock options. A description of the methodology for the valuation assumptions was disclosed in our Annual Report on Form 10-K for the fiscal year ended October 31, 2017 . The following table provides a summary of assumptions used to estimate the fair value of our stock options issued during the nine months ended July 31, 2017 . Nine Months Ended April 30, 2017 Weighted-average expected volatility 34.7% Weighted-average expected term (in years) 5.7 Risk-free interest rate 2.0% Expected dividend yield over expected term 1.0% Weighted average grant date fair value $6.25 The following table summarizes our stock option activity for the nine months ended July 31, 2018 : Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (000s) Outstanding at October 31, 2017 2,152,758 $ 17.44 Granted — — Exercised (277,899 ) 19.50 Forfeited/Expired (67,084 ) 18.69 Outstanding at July 31, 2018 1,807,775 $ 18.00 4.9 $ 1,760 Vested or expected to vest at July 31, 2018 1,807,775 $ 18.00 4.9 $ 1,760 Exercisable at July 31, 2018 1,543,965 $ 17.76 4.4 $ 1,759 Intrinsic value is the amount by which the market price of the common stock on the date of exercise exceeds the exercise price of the stock option. The total intrinsic value of stock options exercised during the nine months ended July 31, 2018 and 2017 was $2.0 million and $2.5 million . The weighted-average grant date fair value of stock options that vested during the nine months ended July 31, 2018 and 2017 was $1.5 million and $1.8 million , respectively. As of July 31, 2018 , total unrecognized compensation cost related to stock options was $0.4 million . We expect to recognize this expense over the remaining weighted average vesting period of 1.1 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 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. As of July 31, 2018 , there were no non-vested restricted stock units. During the nine month periods ended July 31, 2018 and 2017 , non-employee directors received 18,050 and 24,560 restricted stock units, respectively, at a grant date fair value of $21.85 per share and $15.65 per share, respectively, which vested immediately. During the nine month periods ended July 31, 2018 and 2017 , there were no payments to settle restricted stock units. Performance Share Awards We have awarded annual grants of performance shares to key employees and officers. These awards cliff vest after a three -year period with service and performance measures (relative total shareholder return (R-TSR) and earnings per share (EPS) growth), as vesting conditions. However, the number of shares earned is variable depending on the metrics achieved, and the settlement method is 50% in cash and 50% in our common stock. To account for these awards, we have bifurcated the portion subject to a market condition (relative total shareholder return) and the portion subject to an internal performance measure (earnings per share growth). We have further bifurcated these awards based on the settlement method, as the portion expected to settle in stock (equity component) and the portion expected to settle in cash (liability component). To value the shares subject to the market condition, we utilized a Monte Carlo simulation model to arrive at a grant-date fair value. This amount will be expensed over the three-year term of the award with a credit to additional paid-in-capital. To value the shares subject to the internal performance measure, we used the value of our common stock on the date of grant as the grant-date fair value per share. This amount is being expensed over the three -year term of the award, with a credit to additional paid-in-capital, and could fluctuate depending on the number of shares ultimately expected to vest based on our assessment of the probability that the performance conditions will be achieved. For both performance conditions, the portion of the award expected to settle in cash is recorded as a liability and is being marked to market over the three -year term of the award, and can fluctuate depending on the number of shares ultimately expected to vest. Depending on the achievement of the performance conditions, 0% to 200% of the awarded performance shares may ultimately vest. The following table summarizes our performance share grants and the grant date fair value for the EPS and R-TSR performance metrics: Grant Date Fair Value Grant Date Shares Awarded EPS R-TSR Shares Forfeited December 2, 2015 158,100 $ 19.31 $ 23.72 18,936 January 25, 2016 4,300 17.46 26.65 — November 30, 2016 186,500 19.45 26.61 17,940 December 7, 2017 146,500 $ 20.70 $ 21.81 10,848 On December 3, 2017, 123,600 shares vested pursuant to the December 2014 grant, resulting in the issuance of 25,340 shares of common stock and a cash payment of $0.6 million . The November 2016 and December 2017 grants include a return on invested capital (ROIC) metric which, if achieved, could enhance the number of shares that are ultimately issued but cannot exceed the maximum (200%). Due to the uncertainty with regard to achieving this metric, no value has been assigned. In the event and at such time the metric is deemed achievable, compensation expense will begin to be recognized through the remaining vesting period. During the three months ended July 31, 2018 , we recorded compensation expense of $0.4 million related to the current portion of outstanding performance share grants which will vest in future years. During the nine months ended July 31, 2018 , we recorded a decrease in compensation expense of $1.2 million , which reflects a decrease in the number of shares expected to vest in December 2018 associated with the December 2, 2015 performance share grant. During the three and nine months ended July 31, 2017, we recorded compensation expense of $1.0 million and $2.7 million related to our performance share awards. Performance share awards are not considered outstanding shares and do not have voting rights, although dividends are accrued over the performance period and will be payable in cash based upon the number of performance shares ultimately earned. The performance shares are excluded from the diluted weighted-average shares used to calculate earnings per share until the performance criteria is probable to result in the issuance of contingent shares. As of July 31, 2018 , we have deemed no shares related to the December 2015 and January 2016 grants of performance shares as probable to vest. Performance Restricted Stock Units We awarded performance restricted share units to key employees and officers in December 2017. These awards cliff vest upon a three-year service period with the absolute total shareholder return of our common stock over this three-year term as the vesting criteria. The number of shares earned is variable depending on the metric achieved, and the settlement method is 100% in our common stock, with accrued dividends paid in cash at the time of vesting, assuming the shares had been outstanding throughout the performance period. To value the shares, we utilized a Monte Carlo simulation model to arrive at a grant-date fair value. This amount will be adjusted for forfeitures and expensed over the three-year term of the award with a credit to additional paid-in-capital. Depending on the achievement of the performance conditions, a minimum of 0% and a maximum of 150% of the awarded performance restricted stock units may vest. Specifically, the awards vest on a continuum with the following Absolute Total Shareholder Return (A-TSR) milestones: Vesting Level Vesting Criteria Percentage of Award Vested Level 1 A-TSR greater than or equal to 50% 150% Level 2 A-TSR less than 50% and greater than or equal to 20% 100% Level 3 A-TSR less than 20% and greater than or equal to -20% 50% Level 4 A-TSR less than -20% —% On December 7, 2017, we awarded 78,200 performance restricted share units with a grant date fair value of $17.76 per share. During the nine months ended July 31, 2018 , 5,789 of the performance restricted share units were forfeited. During the three and nine months ended July 31, 2018 , we recorded compensation expense of approximately $0.1 million and $0.2 million , respectively, related to our performance share restricted units. Similar to performance shares, the performance restricted stock units are not considered outstanding shares, do not have voting rights, and are excluded from diluted weighted-average shares used to calculate earnings per share until the performance criteria is probable to result in the issuance of contingent shares. Treasury Shares We record treasury stock purchases under the cost method whereby the entire cost of the acquired stock is recorded as treasury stock. Shares are generally issued from treasury stock at the time of grant of restricted stock awards, and upon the exercise of stock options and upon the vesting of performance shares and performance restricted stock units. 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 $1.3 million during the nine months ended July 31, 2018 . The following table summarizes the treasury stock activity during the nine months ended July 31, 2018 : Nine Months Ended July 31, 2018 Beginning balance as of November 1, 2017 2,670,743 Restricted stock awards granted (73,400 ) Performance share awards vested (25,340 ) Stock options exercised (277,899 ) Balance at July 31, 2018 2,294,104

Other Income (Expense)

Other Income (Expense)	9 Months Ended
	Jul. 31, 2018
Other Income and Expenses [Abstract]
Other Income (Expense)	Other (Expense) Income Other (expense) income, included under the caption "Other, net" on the accompanying condensed consolidated statements of income, consisted of the following for the three and nine months ended July 31, 2018 and 2017 : Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Foreign currency transaction (losses) gains $ (90 ) $ 362 $ 106 $ 727 Foreign currency derivative gains (losses) 11 (323 ) (18 ) (213 ) Interest income 14 22 54 68 Other 3 (15 ) 8 (10 ) Other, net $ (62 ) $ 46 $ 150 $ 572

Segment Information (Notes)

Segment Information (Notes)	9 Months Ended
	Jul. 31, 2018
Segment Reporting [Abstract]
Segment Reporting Disclosure [Text Block]	13. Segment Information We present three reportable business segments in accordance with Topic 280-10-50, "Segment Reporting" (ASC 280): (1) North American Engineered Components segment (“NA Engineered Components”), comprising 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”), comprising 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”), comprising solely the North American cabinet door and components business acquired in November 2015. We maintain an Unallocated Corporate & Other grouping which includes LIFO inventory adjustments, corporate office charges, and inter-segment eliminations, less an allocation of a portion of the general and administrative costs associated with the corporate office which have been allocated to the reportable business segments, based upon a relative measure of profitability, in order to more accurately reflect each reportable business segment's administrative cost. Certain costs are not allocated to the reportable operating 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. The accounting policies of our operating segments are the same as those used to prepare the accompanying condensed consolidated financial statements. Corporate general and administrative expense allocated during the three and nine month periods ended July 31, 2018 were $5.3 million and $15.3 million , respectively, and $4.6 million and $13.2 million , respectively, for the prior year comparable periods. 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 three and nine months ended July 31, 2018 and 2017 , and total assets as of July 31, 2018 and October 31, 2017 are summarized in the following table (in thousands): NA Eng. Comp. EU Eng. Comp. NA Cabinet Comp. Unallocated Corp. & Other Total Three Months Ended July 31, 2018 Net sales $ 133,397 $ 42,661 $ 65,114 $ (1,351 ) $ 239,821 Depreciation and amortization 6,741 2,352 3,432 166 12,691 Operating income (loss) 12,270 3,934 3,340 (2,457 ) 17,087 Capital expenditures 3,391 698 1,792 4 5,885 Three Months Ended July 31, 2017 Net sales $ 126,446 $ 40,359 $ 63,839 $ (1,277 ) $ 229,367 Depreciation and amortization 7,899 2,391 3,491 134 13,915 Operating income (loss) 11,822 3,804 1,705 21 17,352 Capital expenditures 5,068 1,770 2,476 234 9,548 Nine Months Ended July 31, 2018 Net sales $ 350,280 $ 115,481 $ 183,705 $ (3,767 ) $ 645,699 Depreciation and amortization 20,561 7,328 10,957 428 39,274 Operating income (loss) 19,442 7,674 665 (3,047 ) 24,734 Capital expenditures 10,855 4,562 5,563 118 21,098 Nine Months Ended July 31, 2017 Net sales $ 343,694 $ 106,133 $ 188,359 $ (3,780 ) $ 634,406 Depreciation and amortization 26,377 6,753 10,160 411 43,701 Operating income (loss) 15,861 8,944 2,880 (9,549 ) 18,136 Capital expenditures 14,468 6,721 5,473 436 27,098 As of July 31, 2018 Total assets $ 248,678 $ 216,132 $ 279,872 $ 6,841 $ 751,523 As of October 31, 2017 Total assets $ 258,315 $ 219,622 $ 285,457 $ 10,485 $ 773,879 The following table summarizes the change in the carrying amount of goodwill by segment for the nine months ended July 31, 2018 (in thousands): NA Eng. Comp. EU Eng. Comp. NA Cabinet Comp. Unallocated Corp. & Other Total Balance as of October 31, 2017 $ 38,712 $ 69,735 $ 113,747 $ — $ 222,194 Foreign currency translation adjustment — (607 ) — — (607 ) Balance as of July 31, 2018 $ 38,712 $ 69,128 $ 113,747 $ — $ 221,587 For further details of Goodwill, see Note 4, "Goodwill & Intangible Assets", located herewith. We did not allocate non-operating loss or income tax benefit to the reportable segments. The following table reconciles operating loss as reported above to net income for the three and nine months ended July 31, 2018 and 2017 : Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Operating income $ 17,087 $ 17,352 $ 24,734 $ 18,136 Interest expense (2,641 ) (2,575 ) (7,584 ) (7,126 ) Other, net (62 ) 46 150 572 Income tax (expense) benefit (3,631 ) (4,608 ) 2,536 (3,631 ) Net income $ 10,753 $ 10,215 $ 19,836 $ 7,951 Product Sales We produce a wide variety of products that are used in the fenestration industry, including window and door systems; 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, 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 three and nine months ended July 31, 2018 and 2017 into general groupings by segment to provide additional information to our shareholders. Three months ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) NA Engineered Components: United States - fenestration $ 112,914 $ 107,193 $ 297,700 $ 289,231 International - fenestration 11,851 9,959 27,758 24,945 United States - non-fenestration 4,675 7,060 13,518 19,590 International - non-fenestration 3,957 2,234 11,304 9,928 $ 133,397 $ 126,446 $ 350,280 $ 343,694 EU Engineered Components: United States - fenestration $ — $ 190 $ — $ 304 International - fenestration 34,881 35,087 97,597 94,528 International - non-fenestration 7,780 5,082 17,884 11,301 $ 42,661 $ 40,359 $ 115,481 $ 106,133 NA Cabinet Components: United States - fenestration $ 3,650 $ 4,322 $ 10,500 $ 12,316 United States - non-fenestration 60,843 59,237 171,547 174,404 International - non-fenestration 621 280 1,658 1,639 $ 65,114 $ 63,839 $ 183,705 $ 188,359 Unallocated Corporate & Other Eliminations $ (1,351 ) $ (1,277 ) $ (3,767 ) $ (3,780 ) $ (1,351 ) $ (1,277 ) $ (3,767 ) $ (3,780 ) Net sales $ 239,821 $ 229,367 $ 645,699 $ 634,406

Earnings Per Share

Earnings Per Share	9 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share We compute basic earnings (loss) per share by dividing net income (loss) by the weighted average number of common shares outstanding during the period. Diluted earnings per common and potential common shares include the weighted average of additional shares associated with the incremental effect of dilutive employee stock options, non-vested restricted stock as determined using the treasury stock method prescribed by U.S. GAAP and contingent shares associated with performance share awards, if dilutive. Basic and diluted earnings per share for the each of the three and nine months ended July 31, 2018 and 2017 were calculated as follows (in thousands, except per share data): Three Months Ended July 31, 2018 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 10,753 34,840 $ 0.31 Effect of dilutive securities: Stock options 171 Restricted stock awards 109 Diluted earnings per common share $ 10,753 35,120 $ 0.31 Three Months Ended July 31, 2017 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 10,215 34,224 $ 0.30 Effect of dilutive securities: Stock options 495 Restricted stock awards 143 Performance shares 62 Diluted earnings per common share $ 10,215 34,924 $ 0.29 Nine Months Ended July 31, 2018 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 19,836 34,766 $ 0.57 Effect of dilutive securities: Stock options 226 Restricted stock awards 133 Diluted earnings per common share $ 19,836 35,125 $ 0.56 Nine Months Ended July 31, 2017 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 7,951 34,141 $ 0.23 Effect of dilutive securities: Stock options 440 Restricted stock awards 128 Performance shares 62 Diluted earnings per common share $ 7,951 34,771 $ 0.23 We had common stock equivalents that were potentially dilutive in future earnings per share calculations of 1,015,946 and 972,606 for the three and nine months ended July 31, 2018 , respectively, and 411,450 and 839,150 , respectively, for the prior year comparable periods. Such dilution will be dependent on the excess of the market price of our stock over the exercise price and other components of the treasury stock method.

New Accounting Guidance Adopted

New Accounting Guidance Adopted	9 Months Ended
	Jul. 31, 2018
Accounting Changes and Error Corrections [Abstract]
New Accounting Guidance Adopted	New Accounting Guidance In February 2016, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2016-02, Leases (Topic 842): Amendments to the Accounting Standards Codification . These amendments replace current guidance and require the recognition of lease assets and lease liabilities by lessees for those leases classified as operating leases under previous U.S. GAAP. The amendments apply to any entity that enters into leasing arrangements. This guidance becomes effective for fiscal years beginning after December 15, 2018, and, therefore, we will adopt this pronouncement in fiscal 2020. We are currently evaluating the impact of this pronouncement on our consolidated financial statements. In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers . This guidance prescribes a methodology to determine when revenue is recognizable and constitutes a principles-based approach to revenue recognition based on the consideration to which the entity expects to be entitled in exchange for goods or services. In addition, this guidance requires additional disclosure in the notes to the financial statements with regard to the methodology applied. This pronouncement will essentially supersede and replace existing revenue recognition rules in U.S. GAAP, including industry-specific guidance. We will adopt this guidance using the modified retrospective approach in the first quarter of 2019 with a cumulative adjustment to retained earnings. As of July 31, 2018, we have completed the evaluation of our revenue streams and have reviewed a sample of customer contracts that we believe fairly represent contract traits that could be accounted for differently under amended guidance. We have begun evaluating the potential impact of the new revenue standard on each of the selected contracts including: (i) estimating the contract consideration under the new standard, (ii) identifying the performance obligations within the customer contracts, (iii) calculating the anticipated allocation of contract consideration to each performance obligation, (iv) determining the timing of revenue recognition for each performance obligation, and (v) determining the classification of the contract revenue for disclosure purposes. Based on the contract reviews and evaluations performed to date, we do not currently anticipate any material impacts from implementing the amended guidance. In July 2015, the FASB issued ASU No. 2015-11, Inventory (Topic 330): Simplifying the Measurement of Inventory. This amendment simplifies the subsequent measurement of inventories by replacing the lower of cost or market revaluation method with the lower of cost and net realizable value test. This guidance is applicable to all inventories measured using methods other than last-in first-out method and the retail inventory method. We adopted the provisions of ASU 2016-09 effective November 1, 2017, with no material impact on our consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation - Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting. This guidance prescribes the presentation of excess tax benefits or deficiencies derived from book and tax timing differences associated with stock-based compensation arrangements and certain related statement of cash flow implications. We adopted the provisions of ASU 2016-09 effective November 1, 2017, as noted below with no significant impact on our consolidated financial statements. • Excess tax benefits or deficiencies for share-based payments are to be recorded in the income tax provision, rather than as an adjustment to additional paid-in-capital. We made this change on a prospective basis; • Cash flows related to excess tax benefits or deficiencies are included in net cash provided by operating activities rather than as a financing activity. We adopted this change retrospectively, which resulted in an increase to net cash provided by operating activities and a corresponding decrease to net cash provided by financing activities of less than $0.2 million for the nine months ended July 31, 2017 ; • Cash paid to taxing authorities when withholding shares from an employee’s vesting or exercise of equity-based compensation awards for tax-withholding purposes is to be classified as net cash used in financing activities rather than as an operating activity. We adopted this change retrospectively, which resulted in an increase to net cash provided by operating activities and a corresponding decrease to net cash provided by financing activities of $1.0 million for the nine months ended July 31, 2017 ; • We elected to continue to withhold shares associated with stock-based compensation vesting or exercises to satisfy the minimum statutory tax withholding requirements, rather than electing to withhold at a higher rate; and • We elected to continue to estimate forfeitures rather than account for forfeitures as they occur. In February 2018, the FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220): Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income. This amendment requires disclosure of the accounting policy for releasing income tax effects from accumulated other comprehensive income. It also provides an option for entities to reclassify the income tax effects of the Tax Cuts and Jobs Act from accumulated other comprehensive income to retained earnings. We elected to early adopt this ASU effective November 1, 2017. We record income tax effects related to our unrecognized pension obligations in accumulated other comprehensive income as discussed in our Annual Report on Form 10-K for the year ended October 31, 2017. We have not elected to reclassify the income tax effects of the Tax Cuts and Jobs Act from accumulated other comprehensive income to retained earnings.

Subsequent Event

Subsequent Event	9 Months Ended
	Jul. 31, 2018
Subsequent Events [Abstract]
Subsequent Event	Subsequent Events On August 30, 2018, our Board of Directors approved a stock repurchase program that authorized the repurchase of up to $60.0 million worth of shares of our common stock. Repurchases under the new program will be made in open market transactions or privately negotiated transactions, subject to market conditions, applicable legal requirements and other relevant factors. The program does not have an expiration date or a limit on the number of shares that may be purchased.

Inventories (Tables)

Inventories (Tables)	9 Months Ended
	Jul. 31, 2018
Inventory Disclosure [Abstract]
Inventories	Inventories consisted of the following at July 31, 2018 and October 31, 2017 : July 31, October 31, (In thousands) Raw materials $ 50,564 $ 50,472 Finished goods and work in process 40,615 40,087 Supplies and other 1,846 2,655 Total 93,025 93,214 Less: Inventory reserves 5,920 5,685 Inventories, net $ 87,105 $ 87,529
Values of Inventories	Our inventories at July 31, 2018 and October 31, 2017 were valued using the following costing methods: July 31, October 31, (In thousands) LIFO $ 5,389 $ 4,444 FIFO 81,716 83,085 Total $ 87,105 $ 87,529

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	9 Months Ended
	Jul. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in the Carrying Amount of Goodwill	The change in the carrying amount of goodwill for the nine months ended July 31, 2018 was as follows: Nine Months Ended July 31, 2018 (In thousands) Beginning balance as of November 1, 2017 $ 222,194 Foreign currency translation adjustment (607 ) Balance as of the end of the period $ 221,587 The following table summarizes the change in the carrying amount of goodwill by segment for the nine months ended July 31, 2018 (in thousands): NA Eng. Comp. EU Eng. Comp. NA Cabinet Comp. Unallocated Corp. & Other Total Balance as of October 31, 2017 $ 38,712 $ 69,735 $ 113,747 $ — $ 222,194 Foreign currency translation adjustment — (607 ) — — (607 ) Balance as of July 31, 2018 $ 38,712 $ 69,128 $ 113,747 $ — $ 221,587
Schedule of Acquired Finite-Lived Intangible Assets by Major Class	Identifiable Intangible Assets Amortizable intangible assets consisted of the following as of July 31, 2018 and October 31, 2017 : July 31, 2018 October 31, 2017 Gross Carrying Amount Accumulated Amortization Gross Carrying Accumulated (In thousands) Customer relationships $ 154,768 $ 56,744 $ 155,230 $ 48,479 Trademarks and trade names 55,912 31,972 56,058 29,509 Patents and other technology 22,304 17,197 22,624 16,146 Total $ 232,984 $ 105,913 $ 233,912 $ 94,134
Estimated Amortization Expense Related to Intangible Assets	Estimated remaining amortization expense, based on current intangible balances, for each of the fiscal years ending October 31, is as follows (in thousands): Estimated Amortization Expense 2018 (remaining three months) $ 3,993 2019 15,361 2020 14,304 2021 12,583 2022 11,959 Thereafter 68,871 Total $ 127,071

Debt and Capital Lease Obliga27

Debt and Capital Lease Obligations (Tables)	9 Months Ended
	Jul. 31, 2018
Debt Disclosure [Abstract]
Debt and Capital Lease Obligations	Debt consisted of the following at July 31, 2018 and October 31, 2017 : July 31, October 31, (In thousands) Revolving Credit Facility $ 66,000 $ 84,000 Term Loan A 127,500 138,750 Capital lease obligations and other 17,945 18,764 Unamortized deferred financing fees (1,671 ) (2,088 ) Total debt $ 209,774 $ 239,426 Less: Current maturities of long-term debt 16,120 21,242 Long-term debt $ 193,654 $ 218,184
Schedule Of Applicable Margin And Commitment Fees	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%
Schedule Of Consolidated Leverage Ratio Requirements	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 January 31, 2017 through January 30, 2018 3.25 to 1.00 January 31, 2018 and thereafter 3.00 to 1.00

Retirement Plans (Tables)

Retirement Plans (Tables)	9 Months Ended
	Jul. 31, 2018
Retirement Benefits [Abstract]
Net Periodic Pension Cost	The net periodic pension cost for this plan for the three and nine months ended July 31, 2018 and 2017 was as follows: Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Service cost $ 960 $ 949 $ 2,932 $ 2,845 Interest cost 279 215 847 642 Expected return on plan assets (543 ) (466 ) (1,630 ) (1,397 ) Amortization of net loss 7 144 49 430 Net periodic benefit cost $ 703 $ 842 $ 2,198 $ 2,520

Warranty Obligations (Tables)

Warranty Obligations (Tables)	9 Months Ended
	Jul. 31, 2018
Commitments and Contingencies Disclosure [Abstract]
Reconciliation of Activity Related to Accrued Warranty	A reconciliation of the activity related to our accrued warranty, including both the current and long-term portions (reported in accrued liabilities and other liabilities, respectively, on the accompanying condensed consolidated balance sheet) follows: Nine Months Ended July 31, 2018 (In thousands) Beginning balance as of November 1, 2017 $ 323 Change in accrual for preexisting warranties (11 ) Warranty costs paid (15 ) Total accrued warranty as of the end of the period $ 297 Less: Current portion of accrued warranty 143 Long-term portion of accrued warranty $ 154

Income Taxes Income Tax (Tables

Income Taxes Income Tax (Tables)	9 Months Ended
	Jul. 31, 2018
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	The following table reconciles our effective income tax benefit rate to the federal statutory rate of 23.3% and 35.0% for the nine months ended July 31, 2018 and 2017 , respectively: Nine months ended July 31, 2018 2017 United States tax at statutory rate 23.3 % 35.0 % State and local income tax 2.8 1.5 Non-United States income tax (0.7 ) (7.8 ) Other permanent differences (1.8 ) 1.9 Deferred rate impact of enactment of tax reform (44.9 ) — Tax impact of stock based compensation 0.8 — Impact of deemed repatriation 7.1 — Return to actual adjustments (1.3 ) 0.8 Effective tax benefit rate (14.7 )% 31.4 %

Derivative Instruments (Tables)

Derivative Instruments (Tables)	9 Months Ended
	Jul. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location [Table Text Block]	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 unaudited condensed consolidated statements of income (loss) for the three and six months ended July 31, 2018 and 2017 as follows (in thousands): Three Months Ended Nine Months Ended July 31, July 31, Location of gains (losses): 2018 2017 2018 2017 Other, net Foreign currency derivatives $ 11 $ (323 ) $ (18 ) $ (213 )
Schedule of Notional Amounts of Oustanding Derivative Positions	The following table summarizes the notional amounts and fair value of outstanding derivative contracts at July 31, 2018 and October 31, 2017 (in thousands): Notional as indicated Fair Value in $ July 31, October 31, July 31, October 31, Foreign currency derivatives: Sell EUR, buy USD EUR $ 138 $ 1,271 $ — $ 24 Sell CAD, buy USD CAD 314 320 (1 ) 1 Sell GBP, buy USD GBP 123 75 — — Buy EUR, sell GBP EUR 48 30 — (1 ) Buy USD, sell EUR USD 17 — — —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Jul. 31, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Nonvested Restricted Share Activity	A summary of non-vested restricted stock awards activity during the nine months ended July 31, 2018 is presented below: Restricted Stock Awards Weighted Average Non-vested at October 31, 2017 284,300 $ 19.66 Granted 73,400 20.70 Cancelled (28,700 ) 19.66 Vested (111,800 ) 20.16 Non-vested at July 31, 2018 217,200 $ 19.76
Schedule of Valuation Assumptions for Stock Options	The following table provides a summary of assumptions used to estimate the fair value of our stock options issued during the nine months ended July 31, 2017 . Nine Months Ended April 30, 2017 Weighted-average expected volatility 34.7% Weighted-average expected term (in years) 5.7 Risk-free interest rate 2.0% Expected dividend yield over expected term 1.0% Weighted average grant date fair value $6.25
Schedule of Stock Option Activity	The following table summarizes our stock option activity for the nine months ended July 31, 2018 : Stock Options Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (000s) Outstanding at October 31, 2017 2,152,758 $ 17.44 Granted — — Exercised (277,899 ) 19.50 Forfeited/Expired (67,084 ) 18.69 Outstanding at July 31, 2018 1,807,775 $ 18.00 4.9 $ 1,760 Vested or expected to vest at July 31, 2018 1,807,775 $ 18.00 4.9 $ 1,760 Exercisable at July 31, 2018 1,543,965 $ 17.76 4.4 $ 1,759
Schedule of Performance Share Awards	The following table summarizes our performance share grants and the grant date fair value for the EPS and R-TSR performance metrics: Grant Date Fair Value Grant Date Shares Awarded EPS R-TSR Shares Forfeited December 2, 2015 158,100 $ 19.31 $ 23.72 18,936 January 25, 2016 4,300 17.46 26.65 — November 30, 2016 186,500 19.45 26.61 17,940 December 7, 2017 146,500 $ 20.70 $ 21.81 10,848
Schedule of Performance Restricted Stock Vesting Conditions	Depending on the achievement of the performance conditions, a minimum of 0% and a maximum of 150% of the awarded performance restricted stock units may vest. Specifically, the awards vest on a continuum with the following Absolute Total Shareholder Return (A-TSR) milestones: Vesting Level Vesting Criteria Percentage of Award Vested Level 1 A-TSR greater than or equal to 50% 150% Level 2 A-TSR less than 50% and greater than or equal to 20% 100% Level 3 A-TSR less than 20% and greater than or equal to -20% 50% Level 4 A-TSR less than -20% —%
Treasury Stock Activity	The following table summarizes the treasury stock activity during the nine months ended July 31, 2018 : Nine Months Ended July 31, 2018 Beginning balance as of November 1, 2017 2,670,743 Restricted stock awards granted (73,400 ) Performance share awards vested (25,340 ) Stock options exercised (277,899 ) Balance at July 31, 2018 2,294,104

Other Income (Expense) (Tables)

Other Income (Expense) (Tables)	9 Months Ended
	Jul. 31, 2018
Other Income and Expenses [Abstract]
Schedule of Other Non-operating Income (Expense)	12. Other (Expense) Income Other (expense) income, included under the caption "Other, net" on the accompanying condensed consolidated statements of income, consisted of the following for the three and nine months ended July 31, 2018 and 2017 : Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Foreign currency transaction (losses) gains $ (90 ) $ 362 $ 106 $ 727 Foreign currency derivative gains (losses) 11 (323 ) (18 ) (213 ) Interest income 14 22 54 68 Other 3 (15 ) 8 (10 ) Other, net $ (62 ) $ 46 $ 150 $ 572

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Jul. 31, 2018
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Segment information for the three and nine months ended July 31, 2018 and 2017 , and total assets as of July 31, 2018 and October 31, 2017 are summarized in the following table (in thousands): NA Eng. Comp. EU Eng. Comp. NA Cabinet Comp. Unallocated Corp. & Other Total Three Months Ended July 31, 2018 Net sales $ 133,397 $ 42,661 $ 65,114 $ (1,351 ) $ 239,821 Depreciation and amortization 6,741 2,352 3,432 166 12,691 Operating income (loss) 12,270 3,934 3,340 (2,457 ) 17,087 Capital expenditures 3,391 698 1,792 4 5,885 Three Months Ended July 31, 2017 Net sales $ 126,446 $ 40,359 $ 63,839 $ (1,277 ) $ 229,367 Depreciation and amortization 7,899 2,391 3,491 134 13,915 Operating income (loss) 11,822 3,804 1,705 21 17,352 Capital expenditures 5,068 1,770 2,476 234 9,548 Nine Months Ended July 31, 2018 Net sales $ 350,280 $ 115,481 $ 183,705 $ (3,767 ) $ 645,699 Depreciation and amortization 20,561 7,328 10,957 428 39,274 Operating income (loss) 19,442 7,674 665 (3,047 ) 24,734 Capital expenditures 10,855 4,562 5,563 118 21,098 Nine Months Ended July 31, 2017 Net sales $ 343,694 $ 106,133 $ 188,359 $ (3,780 ) $ 634,406 Depreciation and amortization 26,377 6,753 10,160 411 43,701 Operating income (loss) 15,861 8,944 2,880 (9,549 ) 18,136 Capital expenditures 14,468 6,721 5,473 436 27,098 As of July 31, 2018 Total assets $ 248,678 $ 216,132 $ 279,872 $ 6,841 $ 751,523 As of October 31, 2017 Total assets $ 258,315 $ 219,622 $ 285,457 $ 10,485 $ 773,879
Changes in the Carrying Amount of Goodwill	The change in the carrying amount of goodwill for the nine months ended July 31, 2018 was as follows: Nine Months Ended July 31, 2018 (In thousands) Beginning balance as of November 1, 2017 $ 222,194 Foreign currency translation adjustment (607 ) Balance as of the end of the period $ 221,587 The following table summarizes the change in the carrying amount of goodwill by segment for the nine months ended July 31, 2018 (in thousands): NA Eng. Comp. EU Eng. Comp. NA Cabinet Comp. Unallocated Corp. & Other Total Balance as of October 31, 2017 $ 38,712 $ 69,735 $ 113,747 $ — $ 222,194 Foreign currency translation adjustment — (607 ) — — (607 ) Balance as of July 31, 2018 $ 38,712 $ 69,128 $ 113,747 $ — $ 221,587
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block]	We did not allocate non-operating loss or income tax benefit to the reportable segments. The following table reconciles operating loss as reported above to net income for the three and nine months ended July 31, 2018 and 2017 : Three Months Ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) Operating income $ 17,087 $ 17,352 $ 24,734 $ 18,136 Interest expense (2,641 ) (2,575 ) (7,584 ) (7,126 ) Other, net (62 ) 46 150 572 Income tax (expense) benefit (3,631 ) (4,608 ) 2,536 (3,631 ) Net income $ 10,753 $ 10,215 $ 19,836 $ 7,951
Schedule of Product Sales	The following table summarizes our product sales for the three and nine months ended July 31, 2018 and 2017 into general groupings by segment to provide additional information to our shareholders. Three months ended Nine Months Ended July 31, July 31, 2018 2017 2018 2017 (In thousands) NA Engineered Components: United States - fenestration $ 112,914 $ 107,193 $ 297,700 $ 289,231 International - fenestration 11,851 9,959 27,758 24,945 United States - non-fenestration 4,675 7,060 13,518 19,590 International - non-fenestration 3,957 2,234 11,304 9,928 $ 133,397 $ 126,446 $ 350,280 $ 343,694 EU Engineered Components: United States - fenestration $ — $ 190 $ — $ 304 International - fenestration 34,881 35,087 97,597 94,528 International - non-fenestration 7,780 5,082 17,884 11,301 $ 42,661 $ 40,359 $ 115,481 $ 106,133 NA Cabinet Components: United States - fenestration $ 3,650 $ 4,322 $ 10,500 $ 12,316 United States - non-fenestration 60,843 59,237 171,547 174,404 International - non-fenestration 621 280 1,658 1,639 $ 65,114 $ 63,839 $ 183,705 $ 188,359 Unallocated Corporate & Other Eliminations $ (1,351 ) $ (1,277 ) $ (3,767 ) $ (3,780 ) $ (1,351 ) $ (1,277 ) $ (3,767 ) $ (3,780 ) Net sales $ 239,821 $ 229,367 $ 645,699 $ 634,406

Earnings Per Share Earnings Per

Earnings Per Share Earnings Per Share (Tables)	9 Months Ended
	Jul. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Basic and diluted earnings per share for the each of the three and nine months ended July 31, 2018 and 2017 were calculated as follows (in thousands, except per share data): Three Months Ended July 31, 2018 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 10,753 34,840 $ 0.31 Effect of dilutive securities: Stock options 171 Restricted stock awards 109 Diluted earnings per common share $ 10,753 35,120 $ 0.31 Three Months Ended July 31, 2017 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 10,215 34,224 $ 0.30 Effect of dilutive securities: Stock options 495 Restricted stock awards 143 Performance shares 62 Diluted earnings per common share $ 10,215 34,924 $ 0.29 Nine Months Ended July 31, 2018 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 19,836 34,766 $ 0.57 Effect of dilutive securities: Stock options 226 Restricted stock awards 133 Diluted earnings per common share $ 19,836 35,125 $ 0.56 Nine Months Ended July 31, 2017 Net Income Weighted Average Shares Per Share Basic earnings per common share $ 7,951 34,141 $ 0.23 Effect of dilutive securities: Stock options 440 Restricted stock awards 128 Performance shares 62 Diluted earnings per common share $ 7,951 34,771 $ 0.23

Nature of Operations and Basi36

Nature of Operations and Basis of Presentation (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring Costs	$ 0.2	$ 0.9	$ 0.9	$ 3.1
Restructuring and Related Cost, Accelerated Depreciation		1		3.9
Additional Amortization, Restructuring		$ 0.3		$ 1.6

Nature of Operations and Basi37

Nature of Operations and Basis of Presentation Acquisitions (Details) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Business Combinations [Abstract]
Payments to Acquire Businesses, Net of Cash Acquired	$ 0	$ 8,497

Nature of Operations and Basi38

Nature of Operations and Basis of Presentation Related Party Transactions (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Costs and Expenses, Related Party	$ 0.8	$ 1.9	$ 0.3	$ 0.9
Manufacturing Facility [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Lessee, Operating Lease, Term of Contract			20 years
Warehouse [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Lessee, Operating Lease, Term of Contract			15 years
Mixing Plant [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Lessee, Operating Lease, Term of Contract			13 years 6 months
HLP 2017 Capital Lease [Member]
SEC Schedule III, Real Estate and Accumulated Depreciation [Line Items]
Lessee, Operating Lease, Term of Contract			20 years

Inventories (Detail)

Inventories (Detail) - USD ($) $ in Thousands	Jul. 31, 2018	Oct. 31, 2017
Inventory, Raw Materials and Supplies, Net of Reserves [Abstract]
Raw materials	$ 50,564	$ 50,472
Finished goods and work in process	40,615	40,087
Supplies and other	1,846	2,655
Total	93,025	93,214
Less: Inventory reserves	5,920	5,685
Inventories, net	87,105	87,529
Inventory, Net [Abstract]
LIFO	5,389	4,444
FIFO	81,716	83,085
Inventories, net	87,105	$ 87,529
Excess of replacement cost over LIFO value	$ 1,100

Goodwill and Intangible Asset40

Goodwill and Intangible Assets - Goodwill (Details) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2018	Oct. 31, 2017
Goodwill [Line Items]
Reporting Unit, Percentage of Fair Value in Excess of Carrying Amount	4.50%	5.20%
Goodwill [Roll Forward]
Beginning balance	$ 222,194
Foreign currency translation adjustment	(607)
Balance as of the end of the period	$ 221,587

Goodwill and Intangible Asset41

Goodwill and Intangible Assets - Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Oct. 31, 2017
Finite-Lived Intangible Assets [Line Items]
Additional Amortization, Restructuring		$ 300		$ 1,600
Gross carrying amount			$ 300
Accumulated amortization	$ 105,913		105,913		$ 94,134
Finite-Lived Intangible Assets, Gross	232,984		232,984		233,912
Intangible assets amortization expense	4,000	$ 12,200	4,400	$ 14,300
Estimated Amortization Expense
2018 (remaining three months)	3,993		3,993
2,016	15,361		15,361
2,017	14,304		14,304
2,018	12,583		12,583
2,019	11,959		11,959
Thereafter	68,871		68,871
Total	127,071		127,071		139,778
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	56,744		56,744		48,479
Finite-Lived Intangible Assets, Gross	154,768		154,768		155,230
Trademarks and trade names
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	31,972		31,972		29,509
Finite-Lived Intangible Assets, Gross	55,912		55,912		56,058
Patents And Other Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Accumulated amortization	17,197		17,197		16,146
Finite-Lived Intangible Assets, Gross	$ 22,304		$ 22,304		$ 22,624

Debt and Capital Lease Obliga42

Debt and Capital Lease Obligations (Detail) - USD ($)	3 Months Ended	9 Months Ended
	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Oct. 31, 2017	Jul. 29, 2016
Debt Disclosure [Line Items]
Borrowings under credit facility		$ 33,500,000	$ 53,500,000
Document Period End Date		Jul. 31, 2018
City of Richmond, Kentucky Industrial Building Revenue Bonds		$ 17,900,000
Deferred Finance Costs, Own-share Lending Arrangement, Issuance Costs, Net		(1,671,000)		$ (2,088,000)
Total debt		209,774,000		239,426,000
Less: Current maturities of long-term debt		16,120,000		21,242,000
Long-term Debt		$ 193,654,000		218,184,000
Debt Instrument, Interest Rate During Period	2.87%	3.70%
Interest Expense, Lessee, Assets under Capital Lease		$ 0.0357
Capital Lease Gross Fair Value		16,600,000
Repayments of Lines of Credit		62,750,000	$ 74,125,000
Capital Leases in Property Plant and Equipment		22,900,000
Capital leases in accumulated depreciation		3,200,000
Debt Instrument, Unamortized Discount (Premium), Net		1,700,000
Other assets		9,184,000		8,975,000
Debt Disclosure [Abstract]
Credit Facility, amount available		228,600,000
Letters of credit, outstanding		5,300,000
Term Loan Facility, net of unamortized discount [Member]
Debt Disclosure [Line Items]
Revolving Credit Facility		$ 127,500,000
Term Loan Facility [Member]
Debt Disclosure [Line Items]
Debt Instrument, Interest Rate, Stated Percentage		4.08%
Revolving Credit Facility				138,750,000
Capital Lease Obligations
Debt Disclosure [Line Items]
Capital lease obligations and other		$ 17,945,000		18,764,000
Revolving Credit Facility [Member]
Debt Disclosure [Line Items]
Revolving Credit Facility		66,000,000		$ 84,000,000
Line of Credit Facility, Lender [Domain]
Debt Disclosure [Line Items]
Revolving Credit Facility		193,500,000
HLP 2017 Capital Lease [Member]
Debt Disclosure [Line Items]
Capital Lease Obligations Incurred, in GBP		17,800,000
Capital Lease Obligations Incurred		23,400,000
HLP [Member]
Debt Disclosure [Line Items]
Capital lease obligations and other		17,900,000
Capital Lease Obligation, Current Portion		900,000
Capital Lease Obligations, Current		1,600,000
Capital Leases in Property Plant and Equipment		16,800,000
Capital leases in accumulated depreciation		1,300,000
Capital Lease Obligations, Noncurrent		$ 16,300,000
HLP [Member] | Capital lease obligations
Debt Disclosure [Line Items]
Average interest rate		3.59%
Revolving Credit Facility [Member] | Line of Credit [Member]
Debt Disclosure [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity, Committed Amount					$ 300,000,000
Term Loan Facility [Member] | Line of Credit [Member]
Debt Disclosure [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity, Committed Amount					150,000,000
Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Line of Credit Facility, Maximum Borrowing Capacity, Committed Amount					$ 450,000,000
Debt Instrument, Debt Default, Interest Accrual Rate		2.00%
Debt, Current		$ 15,000,000
Debt Instrument, Maximum Fixed Charge Coverage Ratio		1.10%
Less Than One and One Half Leverage Ratio [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Commitment Fee Percentage		0.20%
Less Than One and One Half Leverage Ratio [Member] | Base Rate [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.50%
Less Than One and One Half Leverage Ratio [Member] | London Interbank Offered Rate (LIBOR) [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.50%
Between One and One Half and Two and One Quarter Leverage Ratio [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Commitment Fee Percentage		0.225%
Between One and One Half and Two and One Quarter Leverage Ratio [Member] | Base Rate [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		0.75%
Between One and One Half and Two and One Quarter Leverage Ratio [Member] | London Interbank Offered Rate (LIBOR) [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.75%
Between Two and One Quarter and Three Leverage Ratio [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Commitment Fee Percentage		0.25%
Between Two and One Quarter and Three Leverage Ratio [Member] | Base Rate [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.00%
Between Two and One Quarter and Three Leverage Ratio [Member] | London Interbank Offered Rate (LIBOR) [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.00%
Greater Than Three Leverage Ratio [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Commitment Fee Percentage		0.30%
Greater Than Three Leverage Ratio [Member] | Base Rate [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		1.25%
Greater Than Three Leverage Ratio [Member] | London Interbank Offered Rate (LIBOR) [Member] | Line of Credit Facility, Lender [Domain] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Basis Spread on Variable Rate		2.25%
January 31 2017 through January 30 2018 [Member] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Required Leverage Ratio		0.0325
January 31 2018 and thereafter [Member] | Line of Credit [Member]
Debt Disclosure [Line Items]
Debt Instrument, Required Leverage Ratio		0.03

Retirement Plans (Detail)

Retirement Plans (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended		12 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Oct. 31, 2017
Retirement Benefits [Abstract]
Defined benefit plan, contributions by employer					$ 3,600
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year	$ 800		$ 800
Supplemental benefit plan liability	3,900		3,900		3,400
Deferred compensation liability	3,800		3,800		$ 4,000
Net periodic benefit cost:
Service cost	960	$ 949	2,932	$ 2,845
Interest cost	279	215	847	642
Expected return on plan assets	(543)	(466)	(1,630)	(1,397)
Amortization of net loss	7	144	49	430
Net periodic benefit cost	$ 703	$ 842	$ 2,198	$ 2,520

Warranty Obligations (Detail)

Warranty Obligations (Detail) - USD ($) $ in Thousands	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2018
Movement in Standard Product Warranty Accrual [Roll Forward]
Accrued warranty at beginning of period	$ 323
Standard Product Warranty Accrual, Increase (Decrease) for Preexisting Warranties	(11)
Warranty costs paid	(15)
Accrued warranty at end of period	297
Total accrued warranty	$ 323	$ 297
Less: Current portion of accrued warranty		143
Long-term portion of accrued warranty		$ 154

Income Taxes (Detail)

Income Taxes (Detail) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Income Tax Disclosure
Estimated annual effective tax rate (benefit) expense	(23.70%)	(31.40%)
Remeasurement of Deferred Taxes, Impact of Tax Reform	$ 7.7
True Up of Accrued Taxes, Impact of Tax Reform	0.2
Deemed Repatriation, Impact of Tax Reform	$ 1.2
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	23.30%	35.00%
Effective Income Tax Rate Reconciliation, State and Local Income Taxes, Percent	2.80%	1.50%
Effective Income Tax Rate Reconciliation, Foreign Income Tax Rate Differential, Percent	(0.70%)	(7.80%)
Effective Income Tax Rate Reconciliation, Other Permanent Differences	(1.80%)	1.90%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Percent	(44.90%)	0.00%
Effective Income Tax Rate Reconciliation, Stock Based Compensation	(0.80%)	0.00%
Effective Income Tax Rate Reconciliation, Deemed Repatriation	7.10%	0.00%
Effective Income Tax Rate Reconciliation,Other Reconciling Items, Percent	(1.30%)	0.80%
Effective Income Tax Rate Reconciliation, Other Adjustments, Percent	(14.70%)	31.40%
Foreign Earnings Repatriated	$ 2.8
Liability for uncertain tax positions	0.6
Valuation allowance	$ 1.3

Contingencies (Details)

Contingencies (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Commitments and Contingencies Disclosure [Abstract]
Loss Contingency, Receivable, Proceeds	$ 0.5	$ 2

Derivative Instruments (Detail)

Derivative Instruments (Detail) € in Thousands, £ in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018USD ($)	Jul. 31, 2017USD ($)	Jul. 31, 2018USD ($)	Jul. 31, 2017USD ($)	Jul. 31, 2018EUR (€)	Jul. 31, 2018GBP (£)	Oct. 31, 2017USD ($)	Oct. 31, 2017EUR (€)	Oct. 31, 2017GBP (£)
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	$ 11	$ (323)	$ (18)	$ (213)
Other, Net
Derivative Instruments, Gain (Loss) [Line Items]
Foreign currency derivatives	11	$ (323)	(18)	$ (213)
Sell EUR, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	138		138				$ 1,271
Foreign currency derivatives, fair value	0		0				24
Sell CAD, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	314		314				320
Foreign currency derivatives, fair value	(1)		(1)				1
Sell GBP, buy USD
Derivatives, Fair Value [Line Items]
Derivatives, notional amount | £						£ 123			£ 75
Foreign currency derivatives, fair value	0		0				0
Buy EUR, sell GBP
Derivatives, Fair Value [Line Items]
Derivatives, notional amount | €					€ 48			€ 30
Foreign currency derivatives, fair value	0		0				(1)
Buy USD, Sell EUR
Derivatives, Fair Value [Line Items]
Derivatives, notional amount	17		17				0
Foreign currency derivatives, fair value	0		0				0
Accrued Liabilities
Derivatives [Line Items]
Foreign currency derivatives, asset							$ 0
Foreign currency derivatives, liability	$ (100)		$ (100)

Fair Value Measurement of Ass48

Fair Value Measurement of Assets and Liabilities (Details) - USD ($) $ in Millions	Jul. 31, 2018	Oct. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Property, plant and equipment at fair value (non-recurring)	$ 2.4	$ 2.4
Debt Instrument, Unamortized Discount (Premium), Net	1.7
Fair Value, Inputs, Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Foreign currency derivatives, asset		0.1
Foreign currency derivatives, liability	$ 0.1	$ 0.1

Stock Based Compensation (Detai

Stock Based Compensation (Detail)	9 Months Ended
	Jul. 31, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Period End Date	Jul. 31, 2018
Number of shares authorized, originally	7,650,000

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Awards (Details) - Restricted Stock Awards (RSAs) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Number of Shares
Non-vested at beginning of the period (in shares)	284,300
Granted (in shares)	73,400
Cancelled (in shares)	(28,700)
Vested (in shares)	(111,800)
Non-vested at end of the period (in shares)	217,200
Weighted Average Grant Date Fair Value per Share
Non-vested at beginning of the period (in usd per share)	$ 19.66
Granted (in usd per share)	20.70
Cancelled (in usd per share)	19.66
Vested (in usd per share)	20.16
Non-vested at end of the period (in usd per share)	$ 19.76
Vesting period	3 years
Fair value of restricted stock awards vested	$ 2.3	$ 1.3
Unrecognized compensation cost - non vested restricted stock awards	$ 1.9
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 9 months 18 days

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Options (Details) - USD ($)	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Fair Value Assumptions [Abstract]
Weighted-average expected volatility		34.70%
Weighted-average expected term (in years)		5 years 8 months 12 days
Risk-free interest rate		2.00%
Expected dividend yield over expected term		1.00%
Weighted average grant date fair value		$ 6.25
Stock Options, [Roll Forward]
Outstanding at beginning of period (in shares)	2,152,758
Granted (in shares)	0
Exercised (in shares)	(277,899)
Forfeited/Expired (in shares)	(67,084)
Outstanding at end of period (in shares)	1,807,775
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number	1,807,775
Exercisable at end of period (in shares)	1,543,965
Weighted Average Exercise Price
Outstanding at beginning of period (in usd per share)	$ 17.44
Granted (in usd per share)	0
Exercised (in usd per share)	19.50
Forfeited/Expired (in usd per share)	18.69
Outstanding at end of period (in usd per share)	18
Vested or expected to vest at end of period (in usd per share)	18
Exercisable at end of period (in usd per share)	$ 17.76
Weighted Average Remaining Contractual Life
Outstanding at end of period	4 years 10 months 24 days
Vested or expected to vest at end of period	4 years 10 months 24 days
Exercisable at end of period	4 years 4 months 24 days
Aggregate Intrinsic Value
Outstanding at end of period	$ 1,760,000
Vested or expected to vest at end of period	1,760,000
Exercisable at end of period	$ 1,759,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Total intrinsic value of options exercised	$ 2,000,000	$ 2,500,000
Fair value of stock options vested	1,500,000	$ 1,800,000
Unrecognized compensation cost - non vested stock options	$ 400,000
Weighted-average period over which unrecognized cost is expected to be recognized	1 year 1 month 6 days

Stock-Based Compensation - Re52

Stock-Based Compensation - Restricted Stock Units (Details) - USD ($) $ / shares in Units, $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash used to settle restricted stock units		$ 0
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	18,050	24,560
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 21.85	$ 15.65
Vesting period	3 years
Number of Shares
Non-vested at end of the period (in shares)	0

Stock-Based Compensation - Perf

Stock-Based Compensation - Performance Share Awards (Details) - USD ($) $ / shares in Units, $ in Millions	Dec. 07, 2017	Nov. 30, 2016	Jan. 25, 2016	Dec. 02, 2015	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
2013 Performance Shares Vested							123,600
2013 Performance Shares Issued							25,340
2013 Performance Share Cash Payment							$ 0.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number					1,807,775		1,807,775
Earnings Per Share, Basic and Diluted	$ 20.70	$ 19.45	$ 17.46	$ 19.31
Relative Total Share Return	$ 21.81	$ 26.61	$ 26.65	$ 23.72
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period							3 years
Performance shares settled in cash							50.00%
Performance shares settled in stock							50.00%
Performance shares granted	146,500	186,500	4,300	158,100
Performance shares forfeited	10,848	17,940	0	18,936
Performance shares compensation expense					$ 0.4	$ 1	$ 1.2	$ 2.7
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Number					0		0
Performance Shares | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares vesting percentage maximum							0.00%
Performance Shares | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance shares vesting percentage maximum							200.00%

Stock-Based Compensation - Pe54

Stock-Based Compensation - Performance Restricted Stock Units (Details) - Performance Restricted Stock Units [Member] - USD ($) $ / shares in Units, $ in Millions	Dec. 07, 2017	Jul. 31, 2018	Jul. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance Restricted Stock Units Granted	78,200
Granted (in usd per share)	$ 17.76
Performance restricted stock units shares forfeited			5,789
Allocated Share-based Compensation Expense		$ 0.1	$ 0.2
Level 1 [Member] | A-TSR greater than or equal to 50% [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			150.00%
Level 2 [Member] | A-TSR less than 50% and greater than or equal to 20% [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			100.00%
Level 3 [Member] | A-TSR less than 20% and greater than or equal to -20% [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			50.00%
Level 4 [Member] | A-TSR less than -20% [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			0.00%
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			0.00%
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance restricted stock units vesting percentage maximum			150.00%

Stock-Based Compensation - Trea

Stock-Based Compensation - Treasury Shares (Details) $ in Millions	9 Months Ended
	Jul. 31, 2018USD ($)shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Document Period End Date	Jul. 31, 2018
Deficiency of stock option proceeds recorded to retained earnings | $	$ 1.3
Treasury Stock [Abstract]
Beginning balance as of November 1, 2017	2,670,743
Balance at July 31, 2018	2,294,104
Restricted Stock Awards (RSAs)
Treasury Stock [Abstract]
Restricted stock awards granted	(73,400)
Performance Shares
Treasury Stock [Abstract]
Restricted stock awards granted	(25,340)
Stock Options
Treasury Stock [Abstract]
Shares, Issued	(277,899)

Other Income (Expense) (Detail)

Other Income (Expense) (Detail) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Other Income and Expenses [Abstract]
Foreign currency transaction (losses) gains	$ (90)	$ 362	$ 106	$ 727
Foreign currency derivative gains (losses)	11	(323)	(18)	(213)
Interest income	14	22	54	68
Other	3	(15)	8	(10)
Other, net	$ (62)	$ 46	$ 150	$ 572

Segment Information (Details)

Segment Information (Details) $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2018USD ($)	Jul. 31, 2017USD ($)	Jul. 31, 2018USD ($)segment	Jul. 31, 2017USD ($)
Segment Reporting Information [Line Items]
Number of reportable segments			3
Allocated corporate general and administrative expense | $	$ 5.3	$ 4.6	$ 15.3	$ 13.2
Operating Segments | NA Engineered Components
Segment Reporting Information [Line Items]
Number of operating segments			4

Segment Information Segment Rep

Segment Information Segment Reporting Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017	Oct. 31, 2017
Segment Reporting Information [Line Items]
General and Administrative Expense	$ 5,300	$ 4,600	$ 15,300	$ 13,200
Net sales	239,821	229,367	645,699	634,406
Depreciation and amortization	12,691	13,915	39,274	43,701
Operating income (loss)	17,087	17,352	24,734	18,136
Capital expenditures	5,885	9,548	21,098	27,098
Total assets	751,523		751,523		$ 773,879
Operating Segments | NA Engineered Components
Segment Reporting Information [Line Items]
Net sales	133,397	126,446	350,280	343,694
Depreciation and amortization	6,741	7,899	20,561	26,377
Operating income (loss)	12,270	11,822	19,442	15,861
Capital expenditures	3,391	5,068	10,855	14,468
Total assets	248,678		248,678		258,315
Operating Segments | EU Engineered Components
Segment Reporting Information [Line Items]
Net sales	42,661	40,359	115,481	106,133
Depreciation and amortization	2,352	2,391	7,328	6,753
Operating income (loss)	3,934	3,804	7,674	8,944
Capital expenditures	698	1,770	4,562	6,721
Total assets	216,132		216,132		219,622
Operating Segments | NA Cabinet Components
Segment Reporting Information [Line Items]
Net sales	65,114	63,839	183,705	188,359
Depreciation and amortization	3,432	3,491	10,957	10,160
Operating income (loss)	3,340	1,705	665	2,880
Capital expenditures	1,792	2,476	5,563	5,473
Total assets	279,872		279,872		285,457
Corporate Non-Segment
Segment Reporting Information [Line Items]
Net sales	(1,351)	(1,277)	(3,767)	(3,780)
Depreciation and amortization	166	134	428	411
Operating income (loss)	(2,457)	21	(3,047)	(9,549)
Capital expenditures	4	$ 234	118	$ 436
Total assets	$ 6,841		$ 6,841		$ 10,485

Segment Information Goodwill by

Segment Information Goodwill by Segment (Details) $ in Thousands	9 Months Ended
	Jul. 31, 2018USD ($)
Goodwill [Line Items]
Beginning balance	$ 222,194
Foreign currency translation adjustment	(607)
Balance as of the end of the period	221,587
Operating Segments | NA Engineered Components
Goodwill [Line Items]
Beginning balance	38,712
Foreign currency translation adjustment	0
Balance as of the end of the period	38,712
Operating Segments | EU Engineered Components
Goodwill [Line Items]
Beginning balance	69,735
Balance as of the end of the period	69,128
Operating Segments | NA Cabinet Components
Goodwill [Line Items]
Beginning balance	113,747
Foreign currency translation adjustment	0
Balance as of the end of the period	113,747
Corporate Non-Segment
Goodwill [Line Items]
Beginning balance	0
Foreign currency translation adjustment	0
Balance as of the end of the period	$ 0

Segment Information Reconcillia

Segment Information Reconcilliation of Operating Loss to Net Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Segment Reporting [Abstract]
Operating loss	$ 17,087	$ 17,352	$ 24,734	$ 18,136
Interest expense	(2,641)	(2,575)	(7,584)	(7,126)
Other, net	(62)	46	150	572
Income tax (expense) benefit	(3,631)	(4,608)	2,536	(3,631)
(Loss) income from continuing operations	$ 10,753	$ 10,215	$ 19,836	$ 7,951

Segment Information Summary of

Segment Information Summary of Product Sales (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Product Information [Line Items]
Total sales	$ 239,821	$ 229,367	$ 645,699	$ 634,406
Operating Segments
Product Information [Line Items]
Total sales	(1,351)	(1,277)	(3,767)	(3,780)
Operating Segments | NA Engineered Components
Product Information [Line Items]
Total sales	133,397	126,446	350,280	343,694
Operating Segments | NA Engineered Components | United States | Fenestration
Product Information [Line Items]
Total sales	112,914	107,193	297,700	289,231
Operating Segments | NA Engineered Components | United States | Non-fenestration
Product Information [Line Items]
Total sales	4,675	7,060	13,518	19,590
Operating Segments | NA Engineered Components | International | Fenestration
Product Information [Line Items]
Total sales	11,851	9,959	27,758	24,945
Operating Segments | NA Engineered Components | International | Non-fenestration
Product Information [Line Items]
Total sales	3,957	2,234	11,304	9,928
Operating Segments | EU Engineered Components
Product Information [Line Items]
Total sales	42,661	40,359	115,481	106,133
Operating Segments | EU Engineered Components | United States | Fenestration
Product Information [Line Items]
Total sales	0	190	0	304
Operating Segments | EU Engineered Components | United States | Non-fenestration
Product Information [Line Items]
Total sales		5,082		11,301
Operating Segments | EU Engineered Components | International | Fenestration
Product Information [Line Items]
Total sales	34,881	35,087	97,597	94,528
Operating Segments | EU Engineered Components | International | Non-fenestration
Product Information [Line Items]
Total sales	7,780		17,884
Operating Segments | NA Cabinet Components
Product Information [Line Items]
Total sales	65,114	63,839	183,705	188,359
Operating Segments | NA Cabinet Components | United States | Fenestration
Product Information [Line Items]
Total sales	3,650	4,322	10,500	12,316
Operating Segments | NA Cabinet Components | United States | Non-fenestration
Product Information [Line Items]
Total sales	60,843	59,237	171,547	174,404
Operating Segments | NA Cabinet Components | International | Non-fenestration
Product Information [Line Items]
Total sales	621	280	1,658	1,639
Corporate Non-Segment
Product Information [Line Items]
Total sales	$ (1,351)	$ (1,277)	$ (3,767)	$ (3,780)

Earnings Per Share (Detail)

Earnings Per Share (Detail) - USD ($) $ / shares in Units, $ in Thousands	Dec. 07, 2017	Nov. 30, 2016	Jan. 25, 2016	Dec. 02, 2015	Jul. 31, 2018	Jul. 31, 2017	Jul. 31, 2018	Jul. 31, 2017
Earnings Per Share Disclosure [Line Items]
Basic earnings per common share					$ 10,753	$ 10,215	$ 19,836	$ 7,951
Diluted earnings per common share					$ 10,753	$ 10,215	$ 19,836	$ 7,951
Basic (in shares)					34,840,000	34,224,000	34,766,000	34,141,000
Earnings Per Share, Basic					$ (0.31)	$ (0.30)	$ (0.57)	$ (0.23)
Diluted (in shares)					35,120,000	34,924,000	35,125,000	34,771,000
Earnings Per Share, Diluted						$ 0.29	$ 0.56	$ 0.23
Earnings Per Share, Basic and Diluted	$ 20.70	$ 19.45	$ 17.46	$ 19.31
Antidilutive securities (in shares)					1,015,946	411,450	972,606	839,150
Earnings Per Share, Diluted					$ 0.31	$ 0.29	$ 0.56	$ 0.23
Stock Options
Earnings Per Share Disclosure [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment					171,000	495,000	226,000	440,000
Restricted Stock [Member]
Earnings Per Share Disclosure [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment					109,000	143,000	133,000	128,000
Performance Shares
Earnings Per Share Disclosure [Line Items]
Weighted Average Number Diluted Shares Outstanding Adjustment						62,000		62,000

New Accounting Guidance Adopt63

New Accounting Guidance Adopted (Details) - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2018	Jul. 31, 2017
New Accounting Pronouncement, Early Adoption [Line Items]
Excess Tax Benefits Impact to Cash Flow	$ 0.2
Payments Related to Tax Withholding for Share-based Compensation		$ 1

Subsequent Event (Details)

Subsequent Event (Details) shares in Millions	Aug. 30, 2018shares
Subsequent Event
Subsequent Event [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased	60