Hurco Companies (HURC) 10-K 9 Jan 15 2014 FY Annual report Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	12 Months Ended
	Oct. 31, 2014	Dec. 31, 2014	Apr. 30, 2014
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	FALSE
Document Period End Date	31-Oct-14
Entity Registrant Name	HURCO COMPANIES INC
Entity Central Index Key	315374
Current Fiscal Year End Date	-21
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		6,522,886
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$173,420,000

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME (USD $)	12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
CONSOLIDATED STATEMENTS OF INCOME [Abstract]
Sales and service fees	$222,303	$192,804	$203,117
Cost of sales and service	153,691	137,748	139,936
Gross profit	68,612	55,056	63,181
Selling, general and administrative expenses	46,615	41,413	41,160
Operating income	21,997	13,643	22,021
Interest expense	264	280	168
Interest income	78	74	69
Investment income	42	21	7
Income from equity investments	444	228	276
Other expense, net	936	1,244	341
Income before income taxes	21,361	12,442	21,864
Provision for income taxes	6,218	4,252	6,226
Net income	$15,143	$8,190	$15,638
Income per common share - basic	$2.31	$1.26	$2.41
Weighted average common shares outstanding - basic	6,497	6,455	6,445
Income per common share - diluted	$2.30	$1.25	$2.40
Weighted average common shares outstanding - diluted	6,538	6,497	6,470
Dividends paid per share	$0.26	$0.10

CONSOLIDATED_STATEMENTS_OF_COM

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
Net income	$15,143	$8,190	$15,638
Other comprehensive income (loss):
Translation gain (loss) of foreign currency financial statements	-3,535	892	-838
(Gain)/loss on derivative instruments reclassified into operations, net of tax $621, $(599), and $63, respectively	1,129	-1,091	109
Gain/(loss) on derivative instruments, net of tax $458, $(512), and $1,076, respectively	830	-932	1,870
Total other comprehensive income (loss)	-1,576	-1,131	1,141
Comprehensive income	$13,567	$7,059	$16,779

CONSOLIDATED_STATEMENTS_OF_COM1

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(Gain)/loss on derivative instruments reclassified into operations, tax	$621	($599)	$63
Gain/(loss) on derivative instruments, tax	$458	($512)	$1,076

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Current assets:
Cash and cash equivalents	$53,846	$42,804
Accounts receivable, less allowance for doubtful accounts of $878 in 2014 and $540 in 2013	45,435	36,145
Inventories, net	95,992	95,260
Deferred income taxes	2,062	2,080
Derivative assets	3,127	699
Prepaid assets	8,927	6,584
Other	1,365	1,430
Total current assets	210,754	185,002
Property and equipment:
Land	782	782
Building	7,314	7,326
Machinery and equipment	19,432	19,059
Leasehold improvements	3,523	3,634
Property and equipment, gross	31,051	30,801
Less accumulated depreciation and amortization	-19,546	-18,502
Property and equipment, net	11,505	12,299
Software development costs, less accumulated amortization	3,519	3,714
Goodwill	2,606	2,807
Intangible assets, net	1,635	2,155
Investments and other assets, net	6,912	5,258
Total assets	236,931	211,235
Current liabilities:
Accounts payable	40,464	34,262
Accounts payable-related parties	2,254	1,265
Accrued expenses and other	18,060	13,504
Accrued warranty expenses	2,048	1,778
Derivative liabilities	705	1,212
Short-term debt	3,272	3,665
Total current liabilities	66,803	55,686
Non-current liabilities:
Deferred income taxes	993	743
Accrued tax liability	1,054	1,103
Deferred credits and other	3,436	2,212
Total non-current liabilities	5,483	4,058
Shareholders' equity:
Preferred stock: no par value per share, 1,000,000 shares authorized, no shares issued
Common stock: no par value, $.10 stated value per share, 12,500,000 shares authorized, 6,589,918 and 6,533,510 shares issued; and 6,508,880 and 6,465,054 shares outstanding, as of October 31, 2014 and October 31, 2013, respectively	651	647
Additional paid-in capital	55,974	54,698
Retained earnings	111,580	98,130
Accumulated other comprehensive loss	-3,560	-1,984
Total shareholders' equity	164,645	151,491
Total liabilities and stockholders' equity	$236,931	$211,235

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, except Share data, unless otherwise specified
CONSOLIDATED BALANCE SHEETS [Abstract]
Accounts receivable, allowance for doubtful accounts	$878	$540
Preferred stock, par or stated value per share	$0	$0
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Common stock, par value per share	$0.10	$0.10
Common stock, shares authorized	12,500,000	12,500,000
Common stock, shares issued	6,589,918	6,533,510
Common stock, shares outstanding	6,508,880	6,465,054

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Cash flows from operating activities:
Net income	$15,143	$8,190	$15,638
Adjustments to reconcile net income to net cash provided by (used for) operating activities, net of acquisitions:
Provision for doubtful accounts	338	32	-224
Deferred income taxes	874	-909	1,846
Equity in income of affiliates	-444	-228	-276
Foreign currency (gain) loss	-1,482	-1,811	3,003
Unrealized (gain) loss on derivatives	208	-477	522
Depreciation and amortization	3,309	3,392	4,126
Stock-based compensation	921	979	870
Changes in assets and liabilities, net of acquisitions:
(Increase) decrease in accounts receivable	-11,653	4,660	-8,662
(Increase) decrease in inventories	-4,971	-1,020	-10,152
(Increase) decrease in prepaid expenses	-2,343	138	-2,263
Increase (decrease) in accounts payable	8,642	1,768	-9,594
Increase (decrease) in accrued expenses	5,257	-1,885	343
Net change in derivative assets and liabilities	-741	-485	68
Other	3,277	2,041	-2,232
Net cash provided by (used for) operating activities	16,335	14,385	-6,987
Cash flows from investing activities:
Proceeds from sale of property and equipment	125	2	1
Purchase of property and equipment	-1,680	-1,424	-2,755
Software development costs	-955	-956	-977
Other investments	-76	-256	-42
Acquisition of business, net of cash acquired		-380
Net cash used for investing activities	-2,586	-3,014	-3,773
Cash flows from financing activities:
Proceeds from exercise of common stock options	357	302	1
Dividends paid	-1,693	-646
Restricted shares vested	2	1
Tax benefit from exercise of stock options		2
Repayment on short-term debt	-379	-4,271
Borrowings on short-term debt			2,293
Net cash provided by (used for) financing activities	-1,713	-4,612	2,294
Effect of exchange rate changes on cash and cash equivalents	-994	275	-725
Net increase (decrease) in cash and cash equivalents	11,042	7,034	-9,191
Cash and cash equivalents at beginning of year	42,804	35,770	44,961
Cash and cash equivalents at end of year	53,846	42,804	35,770
Cash paid for:
Interest	167	176	127
Income taxes, net	$5,782	$2,537	$10,679

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
In Thousands, except Share data
Balance at Oct. 31, 2011	$126,212	$644	$52,614	$74,948	($1,994)
Balance, shares at Oct. 31, 2011		6,440,851
Net income	15,638			15,638
Other comprehensive loss	1,141				1,141
Exercise of common stock options	1		1
Exercise of common stock options, shares	500	500
Tax benefit from exercise of stock options	-69		-69
Stock-based compensation expense	870	1	869
Stock-based compensation expense, shares		5,859
Dividends paid
Balance at Oct. 31, 2012	143,793	645	53,415	90,586	-853
Balance, shares at Oct. 31, 2012		6,447,210
Net income	8,190			8,190
Other comprehensive loss	-1,131				-1,131
Exercise of common stock options	303	1	302
Exercise of common stock options, shares	11,369	11,369
Tax benefit from exercise of stock options	3		3
Stock-based compensation expense	979	1	978
Stock-based compensation expense, shares		6,475
Dividends paid	-646			-646
Balance at Oct. 31, 2013	151,491	647	54,698	98,130	-1,984
Balance, shares at Oct. 31, 2013		6,465,054
Net income	15,143			15,143
Other comprehensive loss	-1,576				-1,576
Exercise of common stock options	359	2	357
Exercise of common stock options, shares	20,306	20,306
Stock-based compensation expense	921	2	919
Stock-based compensation expense, shares		23,520
Dividends paid	-1,693			-1,693
Balance at Oct. 31, 2014	$164,645	$651	$55,974	$111,580	($3,560)
Balance, shares at Oct. 31, 2014		6,508,880

SUMMARY_OF_SIGNIFICANT_ACCOUNT

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Oct. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1.             SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
	Consolidation. The consolidated financial statements include the accounts of Hurco Companies, Inc. (an Indiana corporation) and its wholly-owned subsidiaries. We have a 35% ownership interest in a Taiwan affiliate that is accounted for using the equity method. Our investment in that affiliate was approximately $3.1 million and $2.7 million as of October 31, 2014 and 2013, respectively. That investment is included in Investments and other assets, net on the accompanying Consolidated Balance Sheets. Intercompany accounts and transactions have been eliminated.
	Statements of Cash Flows. We consider all highly liquid investments with a stated maturity at the date of purchase of three months or less to be cash equivalents. Cash flows from hedges are classified consistent with the items being hedged.
	Translation of Foreign Currencies. All balance sheet accounts of non-U.S. subsidiaries are translated at the exchange rate as of the end of the year and translation adjustments of foreign currency balance sheets are recorded as a component of Accumulated other comprehensive loss in shareholders' equity. Income and expenses are translated at the average exchange rates during the year. Cumulative foreign currency translation adjustments, net of gains related to our net investment hedges, as of October 31, 2014 were a net loss of $4.6 million and are included in Accumulated other comprehensive loss. Foreign currency transaction gains and losses are recorded as income or expense as incurred and are recorded in Other expense, net.
	Hedging. We are exposed to certain market risks relating to our ongoing business operations, including foreign currency risk, interest rate risk and credit risk. We manage our exposure to these and other market risks through regular operating and financing activities. Currently, the only risk that we manage through the use of derivative instruments is foreign currency risk.
	We operate on a global basis and are exposed to the risk that our financial condition, results of operations and cash flows could be adversely affected by changes in foreign currency exchange rates. To reduce the potential effects of foreign exchange rate movements on our net equity investment in one of our foreign subsidiaries, and the gross profit and net earnings of certain of our foreign subsidiaries, we enter into derivative financial instruments in the form of foreign exchange forward contracts with a major financial institution. We are primarily exposed to foreign currency exchange rate risk with respect to transactions and net assets denominated in Euros, Pounds Sterling, Canadian Dollars, Indian Rupee, South African Rand, Singapore Dollars, Chinese Yuan, Polish Zloty, and New Taiwan Dollars.
	We account for derivative instruments as either assets or liabilities and carry them at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For derivative instruments designated as a fair value hedge, the gain or loss is recognized in earnings in the period of change together with the offsetting loss or gain on the hedged item attributed to the risk being hedged. For a derivative instrument designated as a cash flow hedge, the effective portion of the derivative's gain or loss is initially reported as a component of Accumulated other comprehensive loss in shareholders' equity and subsequently reclassified into earnings when the hedged exposure affects earnings. The ineffective portion of the gain or loss is reported in earnings immediately. For derivative instruments that are not designated as accounting hedges under the Derivatives and Hedging Topic of the Financial Accounting Standards Board (FASB guidance), changes in fair value are recognized in earnings in the period of change. We do not hold or issue derivative financial instruments for speculative trading purposes. We only enter into derivatives with one counterparty, which is among one of the largest U.S. banks ranked by assets, in order to minimize credit risk and, to date, that counterparty has not failed to meet its financial obligations under such contracts.
	Derivatives Designated as Hedging Instruments
	We enter into foreign currency forward exchange contracts periodically to hedge certain forecasted inter-company sales and purchases denominated in foreign currencies (the Pound Sterling, Euro and New Taiwan Dollar). The purpose of these instruments is to mitigate the risk that the U.S. Dollar net cash inflows and outflows resulting from sales and purchases denominated in foreign currencies will be adversely affected by changes in exchange rates. These forward contracts have been designated as cash flow hedge instruments, and are recorded in the Consolidated Balance Sheets at fair value in Derivative assets and Derivative liabilities. The effective portion of the gains and losses resulting from the changes in the fair value of these hedge contracts are deferred in Accumulated other comprehensive loss and recognized as an adjustment to Cost of sales and service in the period that the corresponding inventory sold that is the subject of the related hedge contract is recognized, thereby providing an offsetting economic impact against the corresponding change in the U.S. Dollar value of the inter-company sale or purchase being hedged. The ineffective portion of gains and losses resulting from the changes in the fair value of these hedge contracts is reported in Other expense, net immediately. We perform quarterly assessments of hedge effectiveness by verifying and documenting the critical terms of the hedge instrument and determining that forecasted transactions have not changed significantly. We also assess on a quarterly basis whether there have been adverse developments regarding the risk of a counterparty default.
	We had forward contracts outstanding as of October 31, 2014, in Euros, Pounds Sterling and New Taiwan Dollars with set maturity dates ranging from November 2014 through October 2015. The contract amount at forward rates in U.S. Dollars at October 31, 2014 for Euros and Pounds Sterling was $26.8 million and $11.2 million, respectively. The contract amount at forward rates in U.S. Dollars for New Taiwan Dollars was $19.8 million at October 31, 2014. At October 31, 2014, we had approximately $991,000 of gains, net of tax, related to cash flow hedges deferred in Accumulated other comprehensive loss. Of this amount, $1.2 million represented unrealized gains, net of tax, related to cash flow hedge instruments that remain subject to currency fluctuation risk. The majority of these deferred losses will be recorded as an adjustment to Cost of sales and service in periods through October 2015, in which the corresponding inventory that is the subject of the related hedge contract is sold, as described above.
	We are exposed to foreign currency exchange risk related to our investment in net assets in foreign countries. To manage this risk, we entered into a forward contract with a notional amount of €3.0 million in November 2013. We designated this forward contract as a hedge of our net investment in Euro denominated assets. We selected the forward method under the FASB guidance related to the accounting for derivatives instruments and hedging activities. The forward method requires all changes in the fair value of the contract to be reported as a cumulative translation adjustment in Accumulated other comprehensive loss, net of tax, in the same manner as the underlying hedged net assets. This forward contract matured in November 2014 and we entered into a new forward contract for the same notional amount that is set to mature in November 2015. As of October 31, 2014, we had a realized gain of $238,000 and an unrealized gain of $194,000, net of tax, recorded as cumulative translation adjustments in Accumulated other comprehensive loss, related to these forward contracts.
	Derivatives Not Designated as Hedging Instruments
	We enter into foreign currency forward exchange contracts to protect against the effects of foreign currency fluctuations on receivables and payables denominated in foreign currencies. These derivative instruments are not designated as hedges under FASB guidance and, as a result, changes in their fair value are reported currently as Other expense, net in the Consolidated Statements of Income consistent with the transaction gain or loss on the related receivables and payables denominated in foreign currencies.
	We had forward contracts outstanding as of October 31, 2014, in Euros, Pounds Sterling, Canadian Dollars, South African Rand, and New Taiwan Dollars with set maturity dates ranging from November 2014 through April 2015. The contract amounts at forward rates in U.S. Dollars at October 31, 2014 for Euros, Pounds Sterling, Canadian Dollars, and South African Rand totaled $33.5 million. The contract amount at forward rates in U.S. Dollars for New Taiwan Dollars was $23.2 million at October 31, 2014.
	Fair Value of Derivative Instruments
	We recognize the fair value of derivative instruments as assets and liabilities on a gross basis on our Consolidated Balance Sheets. As of October 31, 2014 and October 31, 2013, all derivative instruments were recorded at fair value on the balance sheets as follows (in thousands):
			2014						2013
			Balance Sheet		Fair				Balance Sheet		Fair
	Derivatives		Location		Value				Location		Value
	Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	2,596			Derivative assets		$	244
	Foreign exchange forward contracts		Derivative liabilities		$	401			Derivative liabilities		$	1,158
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	531			Derivative assets		$	455
	Foreign exchange forward contracts		Derivative liabilities		$	304			Derivative liabilities		$	54
	Effect of Derivative Instruments on the Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Income
	Derivative instruments had the following effects on our Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Income, net of tax, during the fiscal years ended October 31, 2014 and 2013 (in thousands):
	Derivatives		Amount of Gain (Loss)								Location of Gain		Amount of Gain (Loss)
			Recognized in Other								(Loss) Reclassified		Reclassified from Other
			Comprehensive Income								from Other		Comprehensive Income
											Comprehensive
											Income
			2014				2013						2014				2013
	Designated as Hedging Instruments:
	(Effective Portion)
	Foreign exchange forward contracts – Intercompany sales/purchases		$	830			$	(932	)		Cost of sales and service		$	(1,129	)		$	1,091
	Foreign exchange forward contract – Net Investment		$	207			$	(112	)
	We recognized a gain of $16,000 during the fiscal year ended October 31, 2014 and a loss of $37,000 during the fiscal year ended October 31, 2013 as a result of contracts closed early that were deemed ineffective for financial reporting purposes and did not qualify as cash flow hedges.
	Derivatives		Location of Gain (Loss)		Amount of Gain (Loss)
			Recognized in Operations		Recognized in Operations
					2014				2013
					(in thousands)
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Other income (expense)		$	1,657			$	(1,786	)
	The following table presents the changes in the components of Accumulated other comprehensive loss, net of tax, for the fiscal years ended October 31, 2014 and 2013 (in thousands):
			Foreign				Cash Flow				Total
			Currency				Hedges
			Translation
	Balance, October 31, 2012		$	(1,908	)		$	1,055			$	(853	)
	Other comprehensive income (loss) before reclassifications			892				(932	)			(40	)
	Reclassifications			—				(1,091	)			(1,091	)
	Balance, October 31, 2013			(1,016	)			(968	)			(1,984	)
	Other comprehensive income (loss) before reclassifications			(3,535	)			830				(2,705	)
	Reclassifications			—				1,129				1,129
	Balance, October 31, 2014		$	(4,551	)		$	991			$	(3,560	)
	Inventories. Inventories are stated at the lower of cost or market, with cost determined using the first-in, first-out method. Provisions are made to reduce excess or obsolete inventories to their estimated realizable value.
	Property and Equipment. Property and equipment are carried at cost. Depreciation and amortization of assets are provided primarily under the straight-line method over the shorter of the estimated useful lives or the lease terms as follows:
		Number of Years
	Land	Indefinite
	Building	40
	Machines	7 – 10
	Shop and office equipment	3 – 7
	Leasehold improvements	3 – 40
	Total depreciation and amortization expense recognized for property and equipment for the fiscal years ended October 31, 2014, 2013 and 2012 was $2.2 million, $2.2 million, and $2.2 million, respectively.
Revenue Recognition. We recognize revenue from sales of our machine tool systems upon delivery of the product to the customer, which is normally at the time of shipment, because persuasive evidence of an arrangement exists, delivery has occurred, the selling price is fixed and determinable and collectability is reasonably assured. In certain foreign locations, we retain title after shipment under a “retention of title” clause solely to protect collectability. The retention of title is similar to Uniform Commercial Code (UCC) filings in the United States and provides the creditor with additional rights to the machine if the customer fails to pay. Revenue recognition at the time of shipment is appropriate in this as all risks of ownership have passed to the buyer and collectability is reasonably assured and protected under the “retention of title" clause. Our computerized machine tools are general-purpose computer controlled machine tools that are typically used in stand-alone operations. Transfer of ownership and risk of loss are not contingent upon contractual customer acceptance. Prior to shipment, we test each machine to ensure the machine's compliance with standard operating specifications.
Depending upon geographic location, after shipment, a machine may be installed at the customer's facilities by a distributor, independent contractor or by one of our service technicians. In most instances where a machine is sold through a distributor, we have no installation involvement. If sales are direct or through sales agents, we will typically complete the machine installation, which consists of the reassembly of certain parts that were removed for shipping and the re-testing of the machine to ensure that it is performing within the standard specifications. We consider the machine installation process to be inconsequential and perfunctory.
Service fees from maintenance contracts are deferred and recognized in earnings on a pro rata basis over the term of the contract.
Allowance for Doubtful Accounts. The allowance for doubtful accounts is based on our best estimate of probable credit issues and historical experience. We perform credit evaluations of the financial condition of our customers. No collateral is required for sales made on open account terms. Concentrations of credit risk with respect to accounts receivable are limited due to the large number of customers comprising our customer base. We consider trade accounts receivable to be past due when payment is not made by the due date as specified on the customer invoice, and charge off uncollectible balances when all reasonable collection efforts have been exhausted.
Software Revenue Recognition. Sales related to software products are recognized when shipped in conformity with FASB guidance related to software revenue recognition that requires at the time of shipment, persuasive evidence of an arrangement exists, delivery has occurred, the selling price is fixed and determinable and collectability is reasonably assured. The software does not require production, modification or customization.
Product Warranty. Expected future product warranty claims are recorded to expense when the product is sold. Product warranty estimates are established using historical information about the nature, frequency, and average cost of warranty claims. Warranty claims are influenced by factors such as new product introductions, technological developments, the competitive environment, and the costs of component parts. Actual payments for warranty claims could differ from the amounts estimated requiring adjustments to the liabilities in future periods. See Note 12 of Notes to Consolidated Financial Statements for further discussion of warranties.
Research and Development Costs. The costs associated with research and development programs for new products and significant product improvements, other than software development costs which are eligible for capitalization per FASB guidance, are expensed as incurred and are included in Selling, general and administrative expenses. Research and development expenses totaled $3.4 million, $3.0 million, and $2.6 million, in fiscal 2014, 2013, and 2012, respectively.
Software Development Costs. Costs incurred to develop computer software products and significant enhancements to software features of existing products to be sold or otherwise marketed are capitalized, after technological feasibility is established. Software development costs are amortized on a straight-line basis over the estimated product life of the related software, which ranges from three to five years. We capitalized costs of $1.0 million in fiscal 2014, $1.0 million in fiscal 2013, and $1.0 million in fiscal 2012 related to software development projects. Amortization expense for software development costs was $1.2 million, $1.2 million, and $1.9 million, for the fiscal years ended October 31, 2014, 2013, and 2012, respectively. Accumulated amortization at October 31, 2014 and 2013 was $14.3 million and $13.1 million, respectively. Estimated amortization expense for the existing amortizable intangible assets for the fiscal years ending October 31, is as follows (in thousands):
Fiscal Year		Amortization
		Expense
2015		$	1,050
2016			800
2017			575
2018			525
2019			425
Goodwill and Intangible Assets. Goodwill and other separately recognized intangible assets with indefinite lives are not subject to amortization. At least once annually or when indicators of impairment exist, we perform an impairment test for goodwill. Goodwill is allocated to various reporting units. We utilize a two-stepped approach to measuring goodwill impairment. The first step of the test determines if there is potential goodwill impairment. In this step we compare the fair value of the reporting unit to its carrying amount (which includes goodwill). The fair value of the reporting unit is determined by using an estimate of future cash flows utilizing a risk-adjusted discount rate to calculate the net present value of future cash flows (income approach), and by using a market approach based upon an analysis of valuation metrics of comparable peer companies. If the carrying amount exceeds the fair value, we perform the second step of the test, which measures the amount of impairment loss to be recorded, if any. In the second step, we compare the carrying amount of the goodwill to the implied fair value of the goodwill based on the net fair value of the recognized and unrecognized assets and liabilities of the reporting unit. If the implied fair value is less than the carrying value, an impairment loss is recorded to the extent that the fair value of the goodwill is less than its carrying value. For other separately recognized intangible assets with indefinite lives, we use a qualitative approach to test such assets for impairment if certain conditions are met. Intangible assets that are determined to have a finite life are amortized over their estimated useful lives and are also subject to review for impairment, if indicators of impairment are identified. The changes in the carrying amounts of goodwill for the years ended October 31, 2014 and 2013 were as follows (in thousands):
Balance as of October 31, 2013		$	2,807
Impact of foreign currency translation			(201	)
Balance as of October 31, 2014		$	2,606
As of October 31, 2014, the balances of intangible assets, other than goodwill, were as follows (in thousands):
		Weighted				Gross				Accumulated				Net Intangible
		Average				Intangible				Amortization				Assets
		Amortization				Assets
		Period
Tradenames and trademarks			13 years			$	263			$	(27	)		$	236
Tradenames and trademarks			indefinite				60				—				60
Customer relationships			15 years				260				(81	)			179
Technology			13 years				766				(78	)			688
Patents			6 years				2,972				(2,632	)			340
Other			8 years				383				(251	)			132
Total						$	4,704			$	(3,069	)		$	1,635
As of October 31, 2013, the balances of intangible assets, other than goodwill, were as follows (in thousands):
		Weighted				Gross				Accumulated				Net Intangible
		Average				Intangible				Amortization				Assets
		Amortization				Assets
		Period
Tradenames and trademarks			13 years			$	285			$	(7	)		$	278
Tradenames and trademarks			indefinite				60				—				60
Customer relationships			15 years				264				(64	)			200
Technology			13 years				831				(21	)			810
Patents			6 years				2,973				(2,363	)			610
Other			8 years				399				(202	)			197
Total						$	4,812			$	(2,657	)		$	2,155
Intangible asset amortization expense was $412,000, $342,000, and $423,000 for fiscal 2014, 2013 and 2012, respectively. Annual intangible asset amortization expense for the next five fiscal years is estimated to be $231,000 in 2015; $148,000 in 2016; $126,000 in 2017; $126,000 in 2018 and $126,000 in 2019.
Impairment of Long-Lived Assets. We periodically evaluate the carrying value of long-lived assets to be held and used, including property and equipment, software development costs and intangible assets, including goodwill, when events or circumstances warrant such a review. The carrying value of a long-lived asset (or group of assets) to be held and used is considered impaired when the anticipated separately identifiable undiscounted cash flows from such an asset (or group of assets) are less than the carrying value of the asset (or group of assets) in accordance with FASB guidance related to accounting for the impairment or disposal of long-lived assets.
Earnings Per Share. Basic earnings per share is calculated by dividing net income by the weighted-average number of common shares actually outstanding during the period. Diluted earnings per share assumes the issuance of additional shares of common stock upon exercise of all outstanding stock options and contingently issuable securities if the effect is dilutive, in accordance with the treasury stock method discussed in FASB issued guidance on “Earnings Per Share”. The following table presents a reconciliation of our basic and diluted earnings per share computation:
		Fiscal Year Ended October 31,
		2014								2013								2012
(in thousands, except per share amount)		Basic				Diluted				Basic				Diluted				Basic			Diluted
Net income		$	15,143			$	15,143			$	8,190			$	8,190			$	15,638		$	15,638
Undistributed earnings  allocated to participating shares			(121	)			(121	)			(86	)			(86	)			(134	)		(134	)
Net income applicable to common shareholders		$	15,022			$	15,022			$	8,104			$	8,104			$	15,504		$	15,504
Weighted average shares  outstanding			6,497				6,497				6,455				6,455				6,445			6,445
Stock options			—				41				—				42				—			25
			6,497				6,538				6,455				6,497				6,445			6,470
Income per share		$	2.31			$	2.3			$	1.26			$	1.25			$	2.41		$	2.4
Income Taxes. We account for income taxes and the related accounts under the asset and liability method. Deferred tax assets and liabilities are measured using enacted income tax rates in each jurisdiction in effect for the year in which the temporary differences are expected to be recovered or settled. These deferred tax assets are reduced by a valuation allowance, which is established when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Our judgment regarding the realization of deferred tax assets may change due to future profitability and market conditions, changes in U.S. or foreign tax laws and other factors. These changes, if any, may require material adjustments to these deferred tax assets and an accompanying reduction or increase in net income in the period when such determinations are made.
The determination of our provision for income taxes requires judgment, the use of estimates and the interpretation and application of complex tax laws. Our provision for income taxes reflects a combination of income earned and taxed at the federal and state level in the U.S., as well as in various foreign jurisdictions. We have not provided for any U.S. income taxes on the undistributed earnings of our foreign subsidiaries based upon our determination that such earnings will be indefinitely reinvested abroad.
In addition to the risks to the effective tax rate described above, the future effective tax rate reflected in forward-looking statements is based on currently effective tax laws. Significant changes in those laws could materially affect these estimates.
We recognize uncertain tax positions when it is more likely than not that the tax position will be sustained upon examination by relevant taxing authorities, based on the technical merits of the position. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement.
Stock Compensation. We account for share-based compensation according to FASB guidance relating to share based payments, which requires the measurement and recognition of compensation expense for all
share-based awards made to employees and directors based on estimated fair values on the grant date. This guidance requires that we estimate the fair value of share-based awards on the date of grant and recognize as expense the value of the portion of the award that is ultimately expected to vest over the requisite service period.
Estimates. The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles requires us to make estimates and assumptions that affect the reported amounts presented and disclosed in our consolidated financial statements. Significant estimates and assumptions in these consolidated financial statements require the exercise of judgment and are used for, but not limited to, allowance for doubtful accounts, estimates of future cash flows and other assumptions associated with goodwill, intangible and long-lived asset impairment tests, useful lives for depreciation and amortization, warranty programs, stock compensation, income taxes and deferred tax valuation allowances, and contingencies. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be different from these estimates.

BUSINESS_OPERATIONS

BUSINESS OPERATIONS	12 Months Ended
	Oct. 31, 2014
BUSINESS OPERATIONS [Abstract]
BUSINESS OPERATIONS		2	BUSINESS OPERATIONS
	Nature of Business. We design and manufacture computer control systems, software, and computerized machine tools and related components and accessories for machine tools for sale to the worldwide machine tool industry. The machine tool industry is highly cyclical and declines in demand can and will occur abruptly in the geographic markets we serve.
	The end market for our products consists primarily of precision tool, die and mold manufacturers, independent job shops, and specialized short-run production applications within large manufacturing operations. Industries served include: aerospace, defense, medical equipment, energy, automotive/transportation, electronics and computer industries. Our products are sold through independent agents and distributors throughout North America, Europe and Asia. We also have our own direct sales and service organizations in China, France, Germany, India, Italy, Poland, Singapore, South Africa, the United Kingdom, and certain areas of the United States.
	Credit Risk. We sell products to customers located throughout the world. We perform ongoing credit evaluations of customers and generally do not require collateral. Allowances are maintained for potential credit losses. Concentration of credit risk with respect to trade accounts receivable is limited due to the large number of customers and their dispersion across many geographic areas. Although a significant amount of trade receivables are with distributors primarily located in the United States, no single distributor or region represents a significant concentration of credit risk.
	Manufacturing Risk. At present, our wholly-owned subsidiaries, Hurco Manufacturing Limited (HML) and Ningbo Hurco Manufacturing Limited (NHML), produce the vast majority of our machine tools. In addition, we manufacture electro-mechanical components and accessories for machine tools through our wholly-owned subsidiary, LCM Precision Technology S.r.l. (LCM). HML, NHML and LCM manufacture their products in Taiwan, China, and Italy, respectively. Any interruption in manufacturing at any of these locations would have an adverse effect on our financial operating results. Interruption in manufacturing at one of these locations could result from a change in the political environment or a natural disaster, such as an earthquake, typhoon, or tsunami. Any interruption with one of our key suppliers may also have an adverse effect on our operating results and our financial condition.

INVENTORIES

INVENTORIES	12 Months Ended
	Oct. 31, 2014
INVENTORIES [Abstract]
INVENTORIES	3	INVENTORIES
	Inventories as of October 31, 2014 and 2013 are summarized below (in thousands):
			2014		2013
	Purchased parts and sub-assemblies		$	21,703	$	21,647
	Work-in-process			14,236		15,996
	Finished goods			60,053		57,617
			$	95,992	$	95,260
	Finished goods inventory consigned to our distributors and agents throughout North America, Europe and Asia was $6.2 million and $6.1 million as of October 31, 2014 and 2013, respectively.

ACQUISITION_OF_BUSINESS

ACQUISITION OF BUSINESS	12 Months Ended
	Oct. 31, 2014
ACQUISITION OF BUSINESS [Abstract]
ACQUISITION OF BUSINESS	4	ACQUISITION OF BUSINESS
	On July 1, 2013, we acquired the machine tool component business of an Italian designer and manufacturer of electro-mechanical components and accessories for machine tools. We are operating this business through our wholly-owned Italian subsidiary, LCM. The purchase price for the acquired assets and the assumed liabilities was $5.0 million. The allocation of the opening balance sheet of LCM as of July 1, 2013 is as follows (in thousands):
	Current Assets		$	6,723
	Property plant and equipment			933
	Intangibles			1,437
	Goodwill			2,477
	Total assets		$	11,570
	Current Liabilities		$	4,821
	Short term debt			4,643
	Non-current liabilities			1,726
	Total liabilities		$	11,190
	Cash expended, net of cash acquired			380
	Indebtedness assumed			4,643
	Total purchase price		$	5,023
	Intangible assets of $1.4 million were recorded as a result of the purchase of the LCM assets. The fair value of the intangible assets was based upon a discounted cash flow method that involves inputs that are not observable in the market (Level 3). Intangible assets are amortized primarily using a straight-line methodology. The intangible assets consisted of the following (in thousands):
					Remaining
					Economic
					Useful Life
	Trademark/name		$	274	13 years
	Technology and manufacturing know how			1,111	13 years
	Customer relationships			52	16 years
			$	1,437
	The excess purchase price over the fair value of the assets acquired and the liabilities assumed was recorded as goodwill in the amount of $2.5 million. Goodwill recognized in the acquisition relates primarily to advancing our machine tool technology and expanding our current product offering. The amount recorded as goodwill will be fully deductible for tax purposes.
	The results of operations of LCM have been included in the consolidated financial statements from the date of acquisition. We incurred various costs related to the purchase of the LCM assets, including professional fees for due diligence, legal fees and accounting services. These costs totaled approximately $675,000 for the fiscal year ending October 31, 2013, and were recorded as Selling, general and administrative expenses in the Consolidated Statements of Income.

CREDIT_AGREEMENTS_AND_BORROWIN

CREDIT AGREEMENTS AND BORROWINGS	12 Months Ended
	Oct. 31, 2014
CREDIT AGREEMENTS AND BORROWINGS [Abstract]
CREDIT AGREEMENTS AND BORROWINGS	5	CREDIT AGREEMENTS AND BORROWINGS
	At October 31, 2012, we were party to a credit agreement that provided us with a $15.0 million revolving credit facility and maximum outstanding letters of credit of $3.0 million. Borrowings under this agreement could have been used for general corporate purposes and bore interest at a floating rate, based either on LIBOR or the prime rate, plus an applicable margin.  The agreement contained financial covenants, including restrictions on incurring additional debt, making acquisitions, or paying dividends if we report a cumulative net loss for four consecutive quarters.
	On December 7, 2012, we entered into an agreement (the “U.S. credit agreement”) with a financial institution that provided us with a $12.5 million unsecured revolving credit and letter of credit facility. The U.S. credit agreement permitted the issuance of up to $3.0 million in letters of credit. On May 9, 2014, the maximum amount for outstanding letters of credit under our U.S. credit agreement was increased from $3.0 million to $5.0 million in order to guarantee a new revolving credit facility in Taiwan.
	On December 5, 2014, we amended our U.S. credit agreement to increase the cash dividend allowance from $3.0 million per calendar year to $4.0 million per calendar year and to extend the scheduled maturity date to December 7, 2016.
	Borrowings under the U.S. credit agreement bear interest at a LIBOR-based rate or a floating rate of 1% above the prevailing prime rate. The floating rate will not less than the greatest of (a) a one month LIBOR-based rate plus 1.00% per annum, (b) the federal funds effective rate plus 0.50% per annum, and (c) the prevailing prime rate. The rate we must pay for that portion of the U.S. credit agreement which is not utilized is 0.05% per annum.
	The U.S. credit agreement contains customary financial covenants, including a covenant that permits us to make investments in subsidiaries of up to $5.0 million and a minimum working capital of $90.0 million and a minimum tangible net worth of $120.0 million. The U.S. credit agreement permits us to pay cash dividends in an amount not to exceed $4.0 million per calendar year, so long as we are not in default before and after giving effect to such dividends.
	We have a £1.0 million revolving credit facility in the United Kingdom and a €1.5 million revolving credit facility in Germany. On May 12, 2014, we established a Taiwan credit facility in the amount of 100.0 million New Taiwan Dollars (approximately $3.3 million) with an expiration date of May 12, 2015. Our Taiwan credit facility is backed by letters of credit under our U.S. credit facility. We also have a 40.0 million Chinese Yuan (approximately $6.6 million) credit facility in China that will expire on February 24, 2015.
	All of our credit facilities are unsecured.
	At October 31, 2014, we had $3.3 million of borrowings under our China credit facility which bears interest at 5.6% annually (variable rate). We had no other debt or borrowings under any of our other credit facilities. At October 31, 2013, we had $3.3 million of borrowings outstanding under our credit facility in China and $383,000 of secured borrowings assumed in the LCM acquisition. At October 31, 2014, we were in compliance with all covenants contained in the related credit agreements and, as of that date, we had unutilized credit facilities of $18.7 million.

FINANCIAL_INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Oct. 31, 2014
FINANCIAL INSTRUMENTS [Abstract]
FINANCIAL INSTRUMENTS		6	FINANCIAL INSTRUMENTS
	Estimated Fair Value of Financial Instruments
	The carrying amounts for cash and cash equivalents approximate their fair values due to the short maturity of these instruments and they meet the Level 1 criteria of the three-tier fair value hierarchy discussed below. The carrying amount of short-term debt approximates fair value due to the variable rate of the interest and the short term nature of the instrument. The fair value of Level 2 is based on an internally developed model using current interest rate data for similar issues as there is no active market for this type of instrument.
	FASB fair value guidance established a three-tier fair value hierarchy, which categorizes the inputs used in measuring fair value.  These tiers include: Level 1, defined as observable inputs, such as quoted prices in active markets; Level 2, defined as inputs other than quoted prices in active markets that are either directly or indirectly observable; and Level 3, defined as unobservable inputs in which little or no market data exist, therefore requiring an entity to develop its own assumptions.
	In accordance with this guidance, the following table represents the fair value hierarchy for our financial assets and liabilities measured at fair value as of October 31 (in thousands):
			Assets				Liabilities
			October 31,		October 31,		October 31,		October 31,
			2014		2013		2014		2013
	Level 1
	Deferred compensation		$	1,232	$	1,073	$	-	$	-
	Level 2
	Derivatives		$	3,127	$	699	$	705	$	1,212
	Recurring Fair Value Measurements
	Included in Level 1 assets are mutual fund investments under a nonqualified deferred compensation plan. We estimate the fair value of these investments on a recurring basis using market prices which are readily available.
	Included as Level 2 fair value measurements are derivative assets and liabilities related to gains and losses on foreign currency forward exchange contracts entered into with a third party. We estimate the fair value of these derivatives on a recurring basis using foreign currency exchange rates obtained from active markets. Derivative instruments are reported in the accompanying consolidated financial statements at fair value. We have derivative financial instruments in the form of foreign currency forward exchange contracts as described in Note 1 of Notes to Consolidated Financial Statements in which the U.S. Dollar equivalent notional amount of these contracts was $122.2 million and $105.0 million at October 31, 2014 and 2013, respectively. The fair value of Derivative assets recorded on our Consolidated Balance Sheets at October 31, 2014 and 2013 was $3.1 million and $699,000, respectively. The fair value of Derivative liabilities recorded on our Consolidated Balance Sheets at October 31, 2014 and 2013 was $705,000 and $1.2 million, respectively.
	The fair value of the foreign currency forward exchange contracts and the related currency positions are subject to offsetting market risk resulting from foreign currency exchange rate volatility. The counterparty to the forward exchange contract is a substantial and creditworthy financial institution. We do not consider either the risk of counterparty non-performance or the economic consequences of counterparty non-performance as material risks.
	Nonrecurring Fair Value Measurements
	Certain nonfinancial assets and liabilities are measured at fair value on a nonrecurring basis and are subject to fair value adjustments in certain circumstances, such as when there is evidence of impairment. Assets and liabilities acquired in business combinations are recorded at their fair value as of the date of acquisition. Refer to Note 4 for the fair values of assets acquired and liabilities assumed in connection with the LCM acquisition.
	We review for goodwill impairment annually and whenever events or changes in circumstances indicate our carrying value may not be recoverable. The fair value of reporting units is determined using the income approach. The income approach focusses on the income-producing capability of an asset, measuring the current value of the asset by calculating the present value of its future economic benefits such as cash earnings, cost savings, corporate tax structure and product offerings. Value indications are developed by discounting expected cash flows to their present value at a rate of return that incorporates the risk-free rate for the use of funds, the expected rate of inflation and risks associated with the reporting unit. These assets would generally be classified within Level 3, in the event that we were required to measure and record such assets at fair value within the consolidated financial statements. See Note 1 for further information on goodwill.
	We periodically evaluate the carrying value of long-lived assets to be held and used, including definite-lived and indefinite-lived intangible assets and property plant and equipment, when events or circumstances warrant such a review. Fair value is determined primarily using anticipated cash flows assumed by a market participant discounted at a rate commensurate with the risk involved and these assets would generally be classified within Level 3, in the event that we were required to measure and record such assets at fair value within the consolidated financial statements.

INCOME_TAXES

INCOME TAXES	12 Months Ended
	Oct. 31, 2014
INCOME TAXES [Abstract]
INCOME TAXES	7	INCOME TAXES
	In the fiscal years set forth below, the provision (benefit) for income taxes consisted of the following (in thousands):
			Year Ended October 31,
			2014			2013			2012
	Current:
	U.S. taxes		$	3,498		$	737		$	5,460
	Foreign taxes			3,594			2,606			2,612
				7,092			3,343			8,072
	Deferred:
	U.S. taxes			(709	)		855			(1,931	)
	Foreign taxes			(165	)		54			85
				(874	)		909			(1,846	)
			$	6,218		$	4,252		$	6,226
	A comparison of income tax expense at the U.S. statutory rate of 35% to the Company's effective tax rate is as follows:
			Year Ended October 31,
			2014			2013			2012
	Income (Loss) before income taxes (in thousands):
	Domestic		$	9,190		$	4,524		$	12,432
	Foreign			12,171			7,918			9,432
	Earnings (Loss) before taxes on income		$	21,361		$	12,442		$	21,864
	Tax rates:
	U.S. statutory rate			35	%		35	%		35	%
	Effect of tax rate of international jurisdictions different than U.S. statutory rates			(6	)%		(6	)%		(6	)%
	Valuation allowance			0	%		5	%		1	%
	State taxes			0	%		1	%		1	%
	Tax Credits			(1	)%		(3	)%		(2	)%
	Other			1	%		2	%		(1	)%
	Effective tax rate			29	%		34	%		28	%
	We have not made any provision for U.S. income taxes on the undistributed earnings of our wholly-owned foreign subsidiaries based upon our determination that such earnings will be indefinitely reinvested.  Undistributed earnings of our wholly-owned foreign subsidiaries at October 31, 2014 were approximately $65.4 million. In the event these earnings are later distributed to the U.S., such distributions would likely result in additional U.S. tax that may be offset, at least in part, by associated foreign tax credits.
	Deferred income taxes are determined based on the difference between the amounts used for financial reporting purposes and tax basis of assets and liabilities using enacted tax rates in effect for the year in which the differences are expected to reverse.  Deferred taxes are adjusted for changes in tax rates and tax laws when changes are enacted.  Valuation allowances are recorded to reduce deferred tax assets when it is more likely than not that a tax benefit will not be realized.
	As of October 31, 2014, we had deferred tax assets established for accumulated net operating loss carryforwards of $1.1 million, primarily related to state and foreign jurisdictions.  We also have deferred tax assets for research and development tax credits. We have established a valuation allowance against some of these carryforwards due to the uncertainty of their full realization.  As of October 31, 2014 and 2013, the balance of this valuation allowance was $1.1 million and $1.2 million, respectively.
	Significant components of our deferred tax assets and liabilities at October 31, 2014 and 2013 were as follows (in thousands):
			October 31,
			2014			2013
	Deferred Tax Assets:
	Net derivative instruments		$	—		$	411
	Accrued inventory reserves			1,015			1,002
	Accrued warranty expenses			397			154
	Compensation related expenses			1,613			1,572
	Unrealized exchange gain/loss			435			—
	Other accrued expenses			167			191
	Net operating loss and credit carryforwards			1,417			1,468
	Other			118			409
				5,162			5,207
	Less: Valuation allowance on net operating loss and credit carryforwards			(1,225	)		(1,199	)
	Deferred tax assets			3,937			4,008
	Deferred Tax Liabilities:
	Net derivative instruments			(537	)		—
	Property and equipment and capitalized software development costs			(1,950	)		(1,814	)
	Unrealized exchange gain/loss			—			(359	)
	Other			(381	)		(498	)
	Net deferred tax assets		$	1,069		$	1,337
	As of October 31, 2014, we had deferred tax assets relating to net operating losses carryforwards for international and U.S. income tax purposes of $1.1 million, of which $1.0 million will expire within 5 years and $125,000 will expire between 5 and 20 years. We also had deferred tax assets relating to tax credits of $268,000 which will expire between 10 and 20 years.
	A reconciliation of the beginning and ending amount of unrecognized tax benefits, excluding the related accrual for interest or penalties, is as follows (in thousands):
			2014			2013			2012
	Balance, beginning of year		$	1,284		$	118		$	244
	Additions based on tax positions related to the current year			5			1,217			5
	Additions (reductions) related to prior year tax positions			(4	)		23			(131	)
	Reductions due to statute expiration			—			(74	)		—
	Other			(89	)		—			—
	Balance, end of year		$	1,196		$	1,284		$	118
	The entire balance of the unrecognized tax benefits and related interest at October 31, 2014, if recognized, would favorably affect the effective tax rate in future periods.
	We recognize accrued interest and penalties related to unrecognized tax benefits as components of our income tax provision.  As of October 31, 2014, the gross amount of interest accrued, reported in other liabilities, was approximately $10,000, which did not include the federal tax benefit of interest deductions. The statute of limitations with respect to unrecognized tax benefits will expire between July 2015 and July 2018.
	Due to the uncertain and complex application of tax regulations, it is possible that the ultimate resolution of future audits may result in liabilities that could be different from this estimate.  In such case, we would record additional tax expense or tax benefit in the tax provision (benefit) or reclassify amounts on the consolidated balance sheets in the period in which the matter is effectively settled with the taxing authority.
We file income tax returns in the U.S. federal jurisdiction and various states, local, and non-U.S. jurisdictions. The Internal Revenue Service (IRS) finalized their audit of our federal income tax returns for fiscal years 2011 and 2012 with minimal adjustments. We have also been notified by the German taxing authority that they have finalized their audit for fiscal years 2009 to 2012 with minimal adjustments.
A summary of open tax years by major jurisdiction is presented below:
United States federal	Fiscal 2011 through the current period
Indiana	Fiscal 2008 through the current period
California	Fiscal 2010 through the current period
Germany¹	Fiscal 2013 through the current period
Taiwan	Fiscal 2011 through the current period
¹
Includes federal as well as state, provincial or similar local jurisdictions, as applicable.

EMPLOYEE_BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
	Oct. 31, 2014
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	8.          EMPLOYEE BENEFITS
	We have defined contribution plans that include a majority of our employees, under which our matching contributions are primarily discretionary. The purpose of these plans is generally to provide additional financial security during retirement by providing employees with an incentive to save throughout their employment. Our contributions and related expense totaled $884,000, $787,000, and $459,000, for the fiscal years ended October 31, 2014, 2013 and 2012, respectively.

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	12 Months Ended
	Oct. 31, 2014
STOCK-BASED COMPENSATION [Abstract]
STOCK-BASED COMPENSATION	9.          STOCK-BASED COMPENSATION
	In March 2008, we adopted the Hurco Companies, Inc. 2008 Equity Incentive Plan (the “2008 Plan”), which allows us to grant awards of stock options, Stock Appreciation Rights settled in stock (SARs), restricted shares, performance shares and performance units. The 2008 Plan replaced the 1997 Stock Option and Incentive Plan, which expired in March 2007. The Compensation Committee of the Board of Directors has authority to determine the officers, directors and key employees who will be granted awards; designate the number of shares subject to each award; determine the terms and conditions upon which awards will be granted; and prescribe the form and terms of award agreements. We have granted stock options under both plans which are currently outstanding, and restricted shares and performance shares under the 2008 Plan. No stock option may be exercised more than ten years after the date of grant or such shorter period as the Compensation Committee may determine at the date of grant. The total number of shares of our common stock that may be issued as awards under the 2008 Plan is 750,000. The market value of a share of our common stock, for purposes of the 2008 Plan, is the closing sale price as reported by the Nasdaq Global Select Market on the date in question or, if not a trading day, on the last preceding trading date.
	During fiscal 2014, 2013 and 2012, we recorded approximately $921,000, $979,000 and $870,000, respectively, of stock-based compensation expense related to grants under the plans. As of October 31, 2014, there was an estimated $996,000 of total unrecognized stock-based compensation cost that we expect to recognize by the end of the first quarter of fiscal 2017.
	During fiscal 2014, options to purchase 20,306 shares were exercised, resulting in cash proceeds of approximately $359,000.
	On March 13, 2014, the Compensation Committee granted a total of 11,235 shares of restricted stock to our non-employee directors. The restricted stock vests in full one year from the date of grant provided the recipient remains on the board of directors through that date. The grant date fair value of the restricted stock was based on the closing sales price of our common stock on the grant date which was $24.92 per share.
	On January 10, 2014, the Compensation Committee approved a long-term incentive compensation arrangement for our executive officers in the form of restricted shares and performance shares awarded under the 2008 Plan. The awards were 25% time-based vesting and 75% performance-based vesting. The three-year performance period is fiscal 2014 through fiscal 2016.
	The Compensation Committee granted a total 12,182 shares of time-based restricted shares to our executive officers. The restricted shares vest in thirds over three years from the date of grant provided the recipient remains employed through that date. The grant date fair value of the restricted shares was based upon the closing sales price of our common stock on the date of grant which was $24.01 per share.
	The Compensation Committee also granted a total target number of 16,948 performance shares to our executive officers designated as “Performance Shares –TSR”. The shares were weighted as 40% of the overall long-term incentive compensation arrangement and will vest and be paid based upon the total shareholder return of our common stock over a three-year period, relative to the total shareholder return of the companies in a specified peer group over that period. Participants will have the ability to earn between 50% of the target number of shares for achieving threshold performance and 200% of the target number of shares for achieving maximum performance. The fair value of the market-based performance shares was $26.43 per share and was calculated using the Monte Carlo approach.
	The Compensation Committee also granted a total target number of 17,056 performance shares to our executive officers designated as “Performance Shares –ROIC”. These shares were weighted as 35% of the overall long-term incentive compensation arrangement and will vest and be paid based upon the achievement of pre-established goals related to our average return on invested capital over the three-year period. Participants will have the ability to earn between 50% of the target number of shares for achieving threshold performance and 200% of the target number of shares for achieving maximum performance. The grant date fair value of the ROIC performance shares was based on the closing sales price of our common stock on the grant date which was $24.01 per share.
	During fiscal 2013, options to purchase 11,369 shares were exercised, resulting in cash proceeds of approximately $303,000.
	On March 14, 2013, the Compensation Committee granted a total of 6,230 shares of restricted stock to our non-employee directors. The restricted stock vests in full one year from the date of grant provided the recipient remains on the board of directors through that date. The grant date fair value of the restricted stock is based on the closing sales price of our common stock on the grant date which was $28.08 per share.
	On December 12, 2012, the Compensation Committee granted a total of 24,976 stock options under the 2008 Plan to our executive officers. The fair value of the options was estimated on the date of grant using a Black-Scholes valuation model with assumptions for expected volatility based on the historical volatility of our common stock of 62%, expected term of the options of five years, dividend yield rate of 0% and a risk-free interest rate of 0.66% based upon the five-year U.S. Treasury yield as of the date of grant. The options vest over a three-year period beginning one year from the date of grant. Based upon the foregoing factors, the grant date fair value of the stock options was determined to be $12.11 per share.
	On December 12, 2012, the Compensation Committee granted a total of 12,983 shares of restricted stock to our executive officers. The restricted stock vests in full three years from the date of grant provided the recipient remains employed by us through that date. The grant date fair value of the restricted stock is based on the closing sales price of our common stock on the grant date which was $23.30 per share.
	During fiscal 2012, options to purchase 500 shares were exercised, resulting in cash proceeds of approximately $1,000.
	On March 15, 2012, the Compensation Committee granted a total of 6,475 shares of restricted stock to our non-employee directors. The restricted stock vests in full one year from the date of grant provided the recipient remains on the board of directors through that date. The grant date fair value of the restricted stock is based on the closing sales price of our common stock on the grant date which was $27.00 per share.
	On December 14, 2011, the Compensation Committee granted a total of 45,236 stock options under the 2008 Plan to our executive officers. The fair value of the options was estimated on the date of grant using a Black-Scholes valuation model with assumptions for expected volatility based on the historical volatility of our common stock of 64%, expected term of the options of five years, dividend yield rate of 0% and a risk-free interest rate of .86% based upon the five-year U.S. Treasury yield as of the date of grant. The options vest over a three-year period beginning one year from the date of grant. Based upon the foregoing factors, the grant date fair value of the stock options was determined to be $11.50 per share.
	On December 14, 2011, the Compensation Committee granted a total of 24,243 shares of restricted stock to our executive officers. The restricted stock vests in full three years from the date of grant provided the recipient remains employed by us through that date. The grant date fair value of the restricted stock is based on the closing sales price of our common stock on the grant date which was $21.45 per share.
	A reconciliation of the Company's restricted stock activity and related information is as follows:
							Weighted Average
			Number of				Grant  Date
			Shares				Fair Value
	Unvested at October 31, 2013			68,456			$	23.01
	Shares granted			57,421				24.9
	Shares vested			(23,520	)			24.42
	Shares cancelled			(13,609	)			23.64
	Shares withheld			(7,710	)			23.1
	Unvested at October 31, 2014			81,038			$	23.83
	A summary of the status of the options as of October 31, 2014, 2013 and 2012 and the related activity for the year is as follows:
			Shares Under				Weighted
			Option				Average
							Exercise Price
							Per Share
	Balance October 31, 2011			115,369			$	20.66
	Granted			45,236				21.45
	Cancelled			(5,000	)			26.69
	Expired			—				—
	Exercised			(500	)			2.15
	Balance October 31, 2012			155,105			$	20.75
	Granted			24,976				23.3
	Cancelled			—				—
	Expired			—				—
	Exercised			(11,369	)			26.69
	Balance October 31, 2013			168,712			$	20.73
	Granted			—				—
	Cancelled			(20,217	)			25.59
	Expired			—				—
	Exercised			(20,306	)			17.67
	Balance October 31, 2014			128,189			$	20.45
	The total intrinsic value of stock options exercised during the twelve months ended October 31, 2014, 2013 and 2012 was approximately $424,000, $0 and $10,000, respectively.
	As of October 31, 2014, the total intrinsic value of outstanding stock options already vested and expected to vest and the intrinsic value of options that are outstanding and exercisable was $2.3 million. Stock options outstanding and exercisable on October 31, 2014, are as follows:
	Range of Exercise				Shares Under				Weighted		Weighted Average
	Prices Per Share				Option				Average Exercise		Remaining Contractual
									Price Per Share		Life in Years
	Outstanding
	$	14.82				24,000			$	14.82		5.1
		14.88				17,000				14.88		4.5
		18.13				16,000				18.13		5.5
		21.45				37,841				21.45		7.1
		23.3				20,848				23.3		8.1
		26.69				2,500				26.69		2
		35.83				10,000				35.83		3.6
	$	14.82 – 35.83				128,189			$	20.45		6
	Exercisable
	$	14.82				24,000			$	14.82		5.1
	14.88				17,000				14.88		4.5
	18.13				16,000				18.13		5.5
	21.45				25,227				21.45		4.8
	23.3				6,949				23.3		2.7
	26.69				2,500				26.69		2
	35.83				10,000				35.83		3.6
$	14.82 – 35.83				101,676			$	19.93		4.6

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Oct. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	10.         RELATED PARTY TRANSACTIONS
	As of October 31, 2014, we owned approximately 35% of the outstanding shares of a Taiwanese-based contract manufacturer, Hurco Automation, Ltd. (HAL). HAL's scope of activities includes the design, manufacture, sales and distribution of industrial automation products, software systems and related components, including control systems and components produced under contract for sale exclusively to us. We are accounting for this investment using the equity method. The investment of $3.1 million and $2.7 million at October 31, 2014 and 2013 is included in Investments and other assets, net on the Consolidated Balance Sheets. Purchases of product from HAL amounted to $9.3 million, $9.8 million and $10.2 million in 2014, 2013 and 2012, respectively. Sales of product to HAL were $1.4 million, $1.5 million and $1.8 million for the years ended October 31, 2014, 2013 and 2012, respectively. Trade payables to HAL were $2.3 million and $1.3 million at October 31, 2014 and 2013, respectively. Trade receivables from HAL were $255,000 and $287,000 at October 31, 2014 and 2013, respectively.
	Summary unaudited financial information for HAL's operations and financial conditions is as follows (in thousands):
		2014		2013		2012
	Net Sales	$	12,063	$	12,312	$	12,252
	Gross Profit		1,759		1,949		1,735
	Operating Income (Loss)		468		544		340
	Net Income (Loss)		1,264		747		882
	Current Assets	$	10,469	$	8,755	$	7,091
	Non-current Assets		3,065		2,820		2,610
	Current Liabilities		3,637		2,846		1,702

CONTINGENCIES_AND_LITIGATION

CONTINGENCIES AND LITIGATION	12 Months Ended
	Oct. 31, 2014
CONTINGENCIES AND LITIGATION [Abstract]
CONTINGENCIES AND LITIGATION	11.         CONTINGENCIES AND LITIGATION
	We are involved in various claims and lawsuits arising in the normal course of business. Pursuant to applicable accounting rules, we accrue the minimum liability for each known claim when the estimated outcome is a range of possible loss and no one amount within that range is more likely than another. We maintain insurance policies for such matters, and we record insurance recoveries when we determine such recovery to be probable. We do not expect any of these claims, individually or in the aggregate, to have a material adverse effect on our consolidated financial position or results of operations. We believe that the ultimate resolution of claims for any losses will not exceed our insurance policy coverages.

GUARANTEES_AND_PRODUCT_WARRANT

GUARANTEES AND PRODUCT WARRANTIES	12 Months Ended
	Oct. 31, 2014
GUARANTEES AND PRODUCT WARRANTIES [Abstract]
GUARANTEES AND PRODUCT WARRANTIES	12.         GUARANTEES AND PRODUCT WARRANTIES
	We follow FASB guidance for accounting for contingencies relating to the guarantor's accounting for, and disclosures of, the issuance of certain types of guarantees.
	From time to time, our subsidiaries guarantee third party payment obligations in connection with the sale of machines to customers that use financing. We follow FASB guidance for accounting for contingencies with respect to these guarantees. As of October 31, 2014, we had 18 outstanding third party payment guarantees totaling approximately $1.5 million. The terms of these guarantees are consistent with the underlying customer financing terms. Upon shipment of a machine, the customer has the risk of ownership. The customer does not obtain title, however, until it has paid for the machine. A retention of title clause allows us to recover the machine if the customer defaults on the financing. We accrue for potential liabilities under these guarantees when we believe a loss is probable and can be estimated.
	We provide warranties on our products with respect to defects in material and workmanship. The terms of these warranties are generally one year for machines and shorter periods for service parts. We recognize a reserve with respect to this obligation at the time of product sale, with subsequent warranty claims recorded against the reserve. The amount of the warranty reserve is determined based on historical trend experience and any known warranty issues that could cause future warranty costs to differ from historical experience. A reconciliation of the changes in our warranty reserve is as follows (in thousands):
		2014			2013			2012
	Balance, beginning of year	$	1,778		$	1,623		$	1,725
	Provision for warranties during the year		3,846			3,811			3,473
	Charges to the accrual		(3,529	)		(3,670	)		(3,567	)
	Impact of foreign currency translation		(47	)		14			(8	)
	Balance, end of year	$	2,048		$	1,778		$	1,623
	The increase in the warranty reserve from fiscal 2013 to 2014 reflected higher sales volumes and anticipated claims of machines under warranty as well as the sale of a greater number of our higher-performance machines which have a higher cost per claim. The increase from fiscal 2012 to 2013 was a result of actual claims for specific warranties accrued in the prior year being more than anticipated, resulting in an adjustment to the provision for warranties during the year.

OPERATING_LEASES

OPERATING LEASES	12 Months Ended
	Oct. 31, 2014
OPERATING LEASES [Abstract]
OPERATING LEASES	13.         OPERATING LEASES
	We lease facilities, certain equipment and vehicles under operating leases that expire at various dates through 2024. Future payments required under operating leases as of October 31, 2014, are summarized as follows (in thousands):
	2015	$	3,325
	2016		2,407
	2017		1,662
	2018		1,057
	2019 and thereafter		1,403
	Total	$	9,854
	Lease expense for the years ended October 31, 2014, 2013, and 2012 was $4.0 million, $3.6 million, and $3.3 million, respectively.
	We recorded approximately $118,000 of lease income during fiscal 2014 from leasing 34,000 square feet of our Indianapolis facility. The lease expires on April 30, 2016.

QUARTERLY_HIGHLIGHTS

QUARTERLY HIGHLIGHTS	12 Months Ended
	Oct. 31, 2014
QUARTERLY HIGHLIGHTS [Abstract]
QUARTERLY HIGHLIGHTS	14.          QUARTERLY HIGHLIGHTS (Unaudited)
		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter
	2014 (In thousands, except per share data)
	Sales and service fees	$	50,970		$	53,731		$	55,379		$	62,223
	Gross profit		13,919			16,629			18,012			20,052
	Gross profit margin		27	%		31	%		33	%		32	%
	Selling, general and administrative expenses		10,600			11,206			11,869			12,940
	Operating income		3,319			5,423			6,143			7,112
	Provision for income taxes		904			1,585			1,684			2,045
	Net income		2,369			3,536			4,375			4,863
	Income per common share – basic	$	0.36		$	0.54		$	0.67		$	0.74
	Income per common share – diluted	$	0.36		$	0.54		$	0.66		$	0.74
		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter
	2013 (In thousands, except per share data)
	Sales and service fees	$	44,085		$	49,619		$	45,158		$	53,942
	Gross profit		12,916			15,283			11,715			15,142
	Gross profit margin		29	%		31	%		26	%		28	%
	Selling, general and administrative expenses		8,920			10,679			10,012			11,802
	Operating income		3,996			4,604			1,703			3,340
	Provision for income taxes		1,445			1,329			263			1,215
	Net income		2,254			3,183			854			1,899
	Income per common share – basic	$	0.35		$	0.49		$	0.13		$	0.29
	Income per common share – diluted	$	0.34		$	0.48		$	0.13		$	0.29

SEGMENT_INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Oct. 31, 2014
SEGMENT INFORMATION [Abstract]
SEGMENT INFORMATION	15.         SEGMENT INFORMATION
	We operate in a single segment: industrial automation equipment. We design and produce interactive computer control systems and software, computerized machine tools, and machine tool components and accessories for sale through our own distribution network to the worldwide metal working market. We also provide software options, control upgrades, accessories and replacement parts for our products, as well as customer service and training support.
	We sell our products through more than 100 independent agents and distributors throughout North America, Europe and Asia. Our line is the primary line for the majority of our distributors globally even though some may carry competitive products. We also have our own direct sales and service organizations in China, France, Germany, India, Italy, Poland, Singapore, South Africa, the United Kingdom, and certain areas of the United States, which are among the world's principal machine tool consuming countries. During fiscal 2014, no distributor accounted for more than 5% of our sales and service fees. In fiscal 2014, approximately 72% of our revenues were from overseas customers and no single end-user of our products accounted for more than 5% of our total sales and service fees.
	The following table sets forth the contribution of each of our product groups to our total sales and service fees during each of the past three fiscal years (in thousands):
	Net Sales and Service Fees by Product Category
		Year ended October 31,
		2014		2013		2012
	Computerized Machine Tools **	$	193,937	$	166,896	$	179,337
	Computer Control Systems and Software *		3,407		3,066		2,947
	Service Parts		17,391		16,474		15,299
	Service Fees		7,568		6,368		5,534
	Total	$	222,303	$	192,804	$	203,117
	*
	Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine systems.
	**
	Amounts shown include sales of LCM electro-mechanical components to third parties since the date of acquisition on July 1, 2013.
	The following table sets forth revenues by geographic area, based on customer location, for each of the past three fiscal years (in thousands):
	Revenues by Geographic Area	Year Ended October 31,
		2014		2013		2012
	North America	$	62,247	$	60,660	$	60,500
	Germany		51,581		43,597		49,979
	United Kingdom		32,557		27,343		28,914
	Italy		13,456		8,738		6,038
	France		9,972		10,918		9,970
	Other Europe		24,728		22,738		23,145
	Total Europe		132,294		113,334		118,046
	Asia		23,766		17,401		23,216
	Other Foreign		3,996		1,409		1,355
	Total Foreign		160,056		132,144		142,617
		$	222,303	$	192,804	$	203,117
	Long-lived tangible assets, net by geographic area, were (in thousands):
		As of October 31,
		2014		2013
	United States	$	6,815	$	6,523
	Foreign countries		6,017		7,063
		$	12,832	$	13,586
	Net assets by geographic area were (in thousands):
		As of October 31,
		2014		2013
	North America	$	79,121	$	69,450
	Europe		61,186		59,498
	Asia		24,338		22,543
		$	164,645	$	151,491

NEW_ACCOUNTING_PRONOUNCEMENTS

NEW ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Oct. 31, 2014
NEW ACCOUNTING PRONOUNCEMENTS [Abstract]
NEW ACCOUNTING PRONOUNCEMENTS	16.     NEW ACCOUNTING PRONOUNCEMENTS
	In July 2013, the FASB issued ASU 2013-11, Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists, providing guidance on the presentation of unrecognized tax benefits, reflecting the manner in which an entity would settle, at the reporting date, any additional income taxes that would result from the disallowance of a tax position when net operating loss carryforwards, similar tax losses, or tax credit carryforwards exist. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2013. Early adoption is permitted. The amendments should be applied prospectively to all unrecognized tax benefits that exist at the effective date. Retrospective application is permitted. We do not expect that the adoption of this accounting standard update will have a material effect on our consolidated financial statements.
	In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), establishing a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers. This update provides a five-step analysis in determining when and how revenue is recognized. The new model will require revenue recognition to depict the transfer of promised goods or services to customers in an amount that reflects the consideration a company expects to receive in exchange for those goods or services and will supersede most of the existing revenue recognition guidance, including industry-specific guidance. The amendments in this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2016. Early adoption is not permitted. We have the option of using either a full retrospective or modified approach to adopt this guidance. We are assessing the method of adoption and the impact this new accounting guidance will have on our consolidated financial statements.

SUMMARY_OF_SIGNIFICANT_ACCOUNT1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policy)	12 Months Ended
	Oct. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Consolidation	Consolidation. The consolidated financial statements include the accounts of Hurco Companies, Inc. (an Indiana corporation) and its wholly-owned subsidiaries. We have a 35% ownership interest in a Taiwan affiliate that is accounted for using the equity method. Our investment in that affiliate was approximately $3.1 million and $2.7 million as of October 31, 2014 and 2013, respectively. That investment is included in Investments and other assets, net on the accompanying Consolidated Balance Sheets. Intercompany accounts and transactions have been eliminated.
Statements of Cash Flows	Statements of Cash Flows. We consider all highly liquid investments with a stated maturity at the date of purchase of three months or less to be cash equivalents. Cash flows from hedges are classified consistent with the items being hedged.
Translation of Foreign Currencies	Translation of Foreign Currencies. All balance sheet accounts of non-U.S. subsidiaries are translated at the exchange rate as of the end of the year and translation adjustments of foreign currency balance sheets are recorded as a component of Accumulated other comprehensive loss in shareholders' equity. Income and expenses are translated at the average exchange rates during the year. Cumulative foreign currency translation adjustments, net of gains related to our net investment hedges, as of October 31, 2014 were a net loss of $4.6 million and are included in Accumulated other comprehensive loss. Foreign currency transaction gains and losses are recorded as income or expense as incurred and are recorded in Other expense, net.
Hedging	Hedging. We are exposed to certain market risks relating to our ongoing business operations, including foreign currency risk, interest rate risk and credit risk. We manage our exposure to these and other market risks through regular operating and financing activities. Currently, the only risk that we manage through the use of derivative instruments is foreign currency risk.
	We operate on a global basis and are exposed to the risk that our financial condition, results of operations and cash flows could be adversely affected by changes in foreign currency exchange rates. To reduce the potential effects of foreign exchange rate movements on our net equity investment in one of our foreign subsidiaries, and the gross profit and net earnings of certain of our foreign subsidiaries, we enter into derivative financial instruments in the form of foreign exchange forward contracts with a major financial institution. We are primarily exposed to foreign currency exchange rate risk with respect to transactions and net assets denominated in Euros, Pounds Sterling, Canadian Dollars, Indian Rupee, South African Rand, Singapore Dollars, Chinese Yuan, Polish Zloty, and New Taiwan Dollars.
	We account for derivative instruments as either assets or liabilities and carry them at fair value. The accounting for changes in the fair value of a derivative depends on the intended use of the derivative and the resulting designation. For derivative instruments designated as a fair value hedge, the gain or loss is recognized in earnings in the period of change together with the offsetting loss or gain on the hedged item attributed to the risk being hedged. For a derivative instrument designated as a cash flow hedge, the effective portion of the derivative's gain or loss is initially reported as a component of Accumulated other comprehensive loss in shareholders' equity and subsequently reclassified into earnings when the hedged exposure affects earnings. The ineffective portion of the gain or loss is reported in earnings immediately. For derivative instruments that are not designated as accounting hedges under the Derivatives and Hedging Topic of the Financial Accounting Standards Board (FASB guidance), changes in fair value are recognized in earnings in the period of change. We do not hold or issue derivative financial instruments for speculative trading purposes. We only enter into derivatives with one counterparty, which is among one of the largest U.S. banks ranked by assets, in order to minimize credit risk and, to date, that counterparty has not failed to meet its financial obligations under such contracts.
	Derivatives Designated as Hedging Instruments
	We enter into foreign currency forward exchange contracts periodically to hedge certain forecasted inter-company sales and purchases denominated in foreign currencies (the Pound Sterling, Euro and New Taiwan Dollar). The purpose of these instruments is to mitigate the risk that the U.S. Dollar net cash inflows and outflows resulting from sales and purchases denominated in foreign currencies will be adversely affected by changes in exchange rates. These forward contracts have been designated as cash flow hedge instruments, and are recorded in the Consolidated Balance Sheets at fair value in Derivative assets and Derivative liabilities. The effective portion of the gains and losses resulting from the changes in the fair value of these hedge contracts are deferred in Accumulated other comprehensive loss and recognized as an adjustment to Cost of sales and service in the period that the corresponding inventory sold that is the subject of the related hedge contract is recognized, thereby providing an offsetting economic impact against the corresponding change in the U.S. Dollar value of the inter-company sale or purchase being hedged. The ineffective portion of gains and losses resulting from the changes in the fair value of these hedge contracts is reported in Other expense, net immediately. We perform quarterly assessments of hedge effectiveness by verifying and documenting the critical terms of the hedge instrument and determining that forecasted transactions have not changed significantly. We also assess on a quarterly basis whether there have been adverse developments regarding the risk of a counterparty default.
	We had forward contracts outstanding as of October 31, 2014, in Euros, Pounds Sterling and New Taiwan Dollars with set maturity dates ranging from November 2014 through October 2015. The contract amount at forward rates in U.S. Dollars at October 31, 2014 for Euros and Pounds Sterling was $26.8 million and $11.2 million, respectively. The contract amount at forward rates in U.S. Dollars for New Taiwan Dollars was $19.8 million at October 31, 2014. At October 31, 2014, we had approximately $991,000 of gains, net of tax, related to cash flow hedges deferred in Accumulated other comprehensive loss. Of this amount, $1.2 million represented unrealized gains, net of tax, related to cash flow hedge instruments that remain subject to currency fluctuation risk. The majority of these deferred losses will be recorded as an adjustment to Cost of sales and service in periods through October 2015, in which the corresponding inventory that is the subject of the related hedge contract is sold, as described above.
	We are exposed to foreign currency exchange risk related to our investment in net assets in foreign countries. To manage this risk, we entered into a forward contract with a notional amount of €3.0 million in November 2013. We designated this forward contract as a hedge of our net investment in Euro denominated assets. We selected the forward method under the FASB guidance related to the accounting for derivatives instruments and hedging activities. The forward method requires all changes in the fair value of the contract to be reported as a cumulative translation adjustment in Accumulated other comprehensive loss, net of tax, in the same manner as the underlying hedged net assets. This forward contract matured in November 2014 and we entered into a new forward contract for the same notional amount that is set to mature in November 2015. As of October 31, 2014, we had a realized gain of $238,000 and an unrealized gain of $194,000, net of tax, recorded as cumulative translation adjustments in Accumulated other comprehensive loss, related to these forward contracts.
	Derivatives Not Designated as Hedging Instruments
	We enter into foreign currency forward exchange contracts to protect against the effects of foreign currency fluctuations on receivables and payables denominated in foreign currencies. These derivative instruments are not designated as hedges under FASB guidance and, as a result, changes in their fair value are reported currently as Other expense, net in the Consolidated Statements of Income consistent with the transaction gain or loss on the related receivables and payables denominated in foreign currencies.
	We had forward contracts outstanding as of October 31, 2014, in Euros, Pounds Sterling, Canadian Dollars, South African Rand, and New Taiwan Dollars with set maturity dates ranging from November 2014 through April 2015. The contract amounts at forward rates in U.S. Dollars at October 31, 2014 for Euros, Pounds Sterling, Canadian Dollars, and South African Rand totaled $33.5 million. The contract amount at forward rates in U.S. Dollars for New Taiwan Dollars was $23.2 million at October 31, 2014.
	Fair Value of Derivative Instruments
	We recognize the fair value of derivative instruments as assets and liabilities on a gross basis on our Consolidated Balance Sheets. As of October 31, 2014 and October 31, 2013, all derivative instruments were recorded at fair value on the balance sheets as follows (in thousands):
			2014						2013
			Balance Sheet		Fair				Balance Sheet		Fair
	Derivatives		Location		Value				Location		Value
	Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	2,596			Derivative assets		$	244
	Foreign exchange forward contracts		Derivative liabilities		$	401			Derivative liabilities		$	1,158
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	531			Derivative assets		$	455
	Foreign exchange forward contracts		Derivative liabilities		$	304			Derivative liabilities		$	54
	Effect of Derivative Instruments on the Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Income
	Derivative instruments had the following effects on our Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Income, net of tax, during the fiscal years ended October 31, 2014 and 2013 (in thousands):
	Derivatives		Amount of Gain (Loss)								Location of Gain		Amount of Gain (Loss)
			Recognized in Other								(Loss) Reclassified		Reclassified from Other
			Comprehensive Income								from Other		Comprehensive Income
											Comprehensive
											Income
			2014				2013						2014				2013
	Designated as Hedging Instruments:
	(Effective Portion)
	Foreign exchange forward contracts – Intercompany sales/purchases		$	830			$	(932	)		Cost of sales and service		$	(1,129	)		$	1,091
	Foreign exchange forward contract – Net Investment		$	207			$	(112	)
	We recognized a gain of $16,000 during the fiscal year ended October 31, 2014 and a loss of $37,000 during the fiscal year ended October 31, 2013 as a result of contracts closed early that were deemed ineffective for financial reporting purposes and did not qualify as cash flow hedges.
	Derivatives		Location of Gain (Loss)		Amount of Gain (Loss)
			Recognized in Operations		Recognized in Operations
					2014				2013
					(in thousands)
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Other income (expense)		$	1,657			$	(1,786	)
	The following table presents the changes in the components of Accumulated other comprehensive loss, net of tax, for the fiscal years ended October 31, 2014 and 2013 (in thousands):
			Foreign				Cash Flow				Total
			Currency				Hedges
			Translation
	Balance, October 31, 2012		$	(1,908	)		$	1,055			$	(853	)
	Other comprehensive income (loss) before reclassifications			892				(932	)			(40	)
	Reclassifications			—				(1,091	)			(1,091	)
	Balance, October 31, 2013			(1,016	)			(968	)			(1,984	)
	Other comprehensive income (loss) before reclassifications			(3,535	)			830				(2,705	)
	Reclassifications			—				1,129				1,129
	Balance, October 31, 2014		$	(4,551	)		$	991			$	(3,560	)
Inventories	Inventories. Inventories are stated at the lower of cost or market, with cost determined using the first-in, first-out method. Provisions are made to reduce excess or obsolete inventories to their estimated realizable value.
Property and Equipment	Property and Equipment. Property and equipment are carried at cost. Depreciation and amortization of assets are provided primarily under the straight-line method over the shorter of the estimated useful lives or the lease terms as follows:
		Number of Years
	Land	Indefinite
	Building	40
	Machines	7 – 10
	Shop and office equipment	3 – 7
	Leasehold improvements	3 – 40
	Total depreciation and amortization expense recognized for property and equipment for the fiscal years ended October 31, 2014, 2013 and 2012 was $2.2 million, $2.2 million, and $2.2 million, respectively.
Revenue Recognition	Revenue Recognition. We recognize revenue from sales of our machine tool systems upon delivery of the product to the customer, which is normally at the time of shipment, because persuasive evidence of an arrangement exists, delivery has occurred, the selling price is fixed and determinable and collectability is reasonably assured. In certain foreign locations, we retain title after shipment under a “retention of title” clause solely to protect collectability. The retention of title is similar to Uniform Commercial Code (UCC) filings in the United States and provides the creditor with additional rights to the machine if the customer fails to pay. Revenue recognition at the time of shipment is appropriate in this as all risks of ownership have passed to the buyer and collectability is reasonably assured and protected under the “retention of title" clause. Our computerized machine tools are general-purpose computer controlled machine tools that are typically used in stand-alone operations. Transfer of ownership and risk of loss are not contingent upon contractual customer acceptance. Prior to shipment, we test each machine to ensure the machine's compliance with standard operating specifications.
	Depending upon geographic location, after shipment, a machine may be installed at the customer's facilities by a distributor, independent contractor or by one of our service technicians. In most instances where a machine is sold through a distributor, we have no installation involvement. If sales are direct or through sales agents, we will typically complete the machine installation, which consists of the reassembly of certain parts that were removed for shipping and the re-testing of the machine to ensure that it is performing within the standard specifications. We consider the machine installation process to be inconsequential and perfunctory.
	Service fees from maintenance contracts are deferred and recognized in earnings on a pro rata basis over the term of the contract.
Software Revenue Recognition	Software Revenue Recognition. Sales related to software products are recognized when shipped in conformity with FASB guidance related to software revenue recognition that requires at the time of shipment, persuasive evidence of an arrangement exists, delivery has occurred, the selling price is fixed and determinable and collectability is reasonably assured. The software does not require production, modification or customization.
Product Warranty	Product Warranty. Expected future product warranty claims are recorded to expense when the product is sold. Product warranty estimates are established using historical information about the nature, frequency, and average cost of warranty claims. Warranty claims are influenced by factors such as new product introductions, technological developments, the competitive environment, and the costs of component parts. Actual payments for warranty claims could differ from the amounts estimated requiring adjustments to the liabilities in future periods. See Note 12 of Notes to Consolidated Financial Statements for further discussion of warranties.
Research and Development Costs	Research and Development Costs. The costs associated with research and development programs for new products and significant product improvements, other than software development costs which are eligible for capitalization per FASB guidance, are expensed as incurred and are included in Selling, general and administrative expenses. Research and development expenses totaled $3.4 million, $3.0 million, and $2.6 million, in fiscal 2014, 2013, and 2012, respectively.
Software Development Costs	Software Development Costs. Costs incurred to develop computer software products and significant enhancements to software features of existing products to be sold or otherwise marketed are capitalized, after technological feasibility is established. Software development costs are amortized on a straight-line basis over the estimated product life of the related software, which ranges from three to five years. We capitalized costs of $1.0 million in fiscal 2014, $1.0 million in fiscal 2013, and $1.0 million in fiscal 2012 related to software development projects. Amortization expense for software development costs was $1.2 million, $1.2 million, and $1.9 million, for the fiscal years ended October 31, 2014, 2013, and 2012, respectively. Accumulated amortization at October 31, 2014 and 2013 was $14.3 million and $13.1 million, respectively. Estimated amortization expense for the existing amortizable intangible assets for the fiscal years ending October 31, is as follows (in thousands):
	Fiscal Year		Amortization
			Expense
	2015		$	1,050
	2016			800
	2017			575
	2018			525
	2019			425
Goodwill and Intangible Assets	Goodwill and Intangible Assets. Goodwill and other separately recognized intangible assets with indefinite lives are not subject to amortization. At least once annually or when indicators of impairment exist, we perform an impairment test for goodwill. Goodwill is allocated to various reporting units. We utilize a two-stepped approach to measuring goodwill impairment. The first step of the test determines if there is potential goodwill impairment. In this step we compare the fair value of the reporting unit to its carrying amount (which includes goodwill). The fair value of the reporting unit is determined by using an estimate of future cash flows utilizing a risk-adjusted discount rate to calculate the net present value of future cash flows (income approach), and by using a market approach based upon an analysis of valuation metrics of comparable peer companies. If the carrying amount exceeds the fair value, we perform the second step of the test, which measures the amount of impairment loss to be recorded, if any. In the second step, we compare the carrying amount of the goodwill to the implied fair value of the goodwill based on the net fair value of the recognized and unrecognized assets and liabilities of the reporting unit. If the implied fair value is less than the carrying value, an impairment loss is recorded to the extent that the fair value of the goodwill is less than its carrying value. For other separately recognized intangible assets with indefinite lives, we use a qualitative approach to test such assets for impairment if certain conditions are met. Intangible assets that are determined to have a finite life are amortized over their estimated useful lives and are also subject to review for impairment, if indicators of impairment are identified. The changes in the carrying amounts of goodwill for the years ended October 31, 2014 and 2013 were as follows (in thousands):
	Balance as of October 31, 2013		$	2,807
	Impact of foreign currency translation			(201	)
	Balance as of October 31, 2014		$	2,606
	As of October 31, 2014, the balances of intangible assets, other than goodwill, were as follows (in thousands):
			Weighted				Gross				Accumulated				Net Intangible
			Average				Intangible				Amortization				Assets
			Amortization				Assets
			Period
	Tradenames and trademarks			13 years			$	263			$	(27	)		$	236
	Tradenames and trademarks			indefinite				60				—				60
	Customer relationships			15 years				260				(81	)			179
	Technology			13 years				766				(78	)			688
	Patents			6 years				2,972				(2,632	)			340
	Other			8 years				383				(251	)			132
	Total						$	4,704			$	(3,069	)		$	1,635
	As of October 31, 2013, the balances of intangible assets, other than goodwill, were as follows (in thousands):
			Weighted				Gross				Accumulated				Net Intangible
			Average				Intangible				Amortization				Assets
			Amortization				Assets
			Period
	Tradenames and trademarks			13 years			$	285			$	(7	)		$	278
	Tradenames and trademarks			indefinite				60				—				60
	Customer relationships			15 years				264				(64	)			200
	Technology			13 years				831				(21	)			810
	Patents			6 years				2,973				(2,363	)			610
	Other			8 years				399				(202	)			197
	Total						$	4,812			$	(2,657	)		$	2,155
	Intangible asset amortization expense was $412,000, $342,000, and $423,000 for fiscal 2014, 2013 and 2012, respectively. Annual intangible asset amortization expense for the next five fiscal years is estimated to be $231,000 in 2015; $148,000 in 2016; $126,000 in 2017; $126,000 in 2018 and $126,000 in 2019.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets. We periodically evaluate the carrying value of long-lived assets to be held and used, including property and equipment, software development costs and intangible assets, including goodwill, when events or circumstances warrant such a review. The carrying value of a long-lived asset (or group of assets) to be held and used is considered impaired when the anticipated separately identifiable undiscounted cash flows from such an asset (or group of assets) are less than the carrying value of the asset (or group of assets) in accordance with FASB guidance related to accounting for the impairment or disposal of long-lived assets.
Earnings Per Share	Earnings Per Share. Basic earnings per share is calculated by dividing net income by the weighted-average number of common shares actually outstanding during the period. Diluted earnings per share assumes the issuance of additional shares of common stock upon exercise of all outstanding stock options and contingently issuable securities if the effect is dilutive, in accordance with the treasury stock method discussed in FASB issued guidance on “Earnings Per Share”. The following table presents a reconciliation of our basic and diluted earnings per share computation:
			Fiscal Year Ended October 31,
			2014								2013								2012
	(in thousands, except per share amount)		Basic				Diluted				Basic				Diluted				Basic			Diluted
	Net income		$	15,143			$	15,143			$	8,190			$	8,190			$	15,638		$	15,638
	Undistributed earnings  allocated to participating shares			(121	)			(121	)			(86	)			(86	)			(134	)		(134	)
	Net income applicable to common shareholders		$	15,022			$	15,022			$	8,104			$	8,104			$	15,504		$	15,504
	Weighted average shares  outstanding			6,497				6,497				6,455				6,455				6,445			6,445
	Stock options			—				41				—				42				—			25
				6,497				6,538				6,455				6,497				6,445			6,470
	Income per share		$	2.31			$	2.3			$	1.26			$	1.25			$	2.41		$	2.4
Income Taxes	Income Taxes. We account for income taxes and the related accounts under the asset and liability method. Deferred tax assets and liabilities are measured using enacted income tax rates in each jurisdiction in effect for the year in which the temporary differences are expected to be recovered or settled. These deferred tax assets are reduced by a valuation allowance, which is established when it is more likely than not that some portion or all of the deferred tax assets will not be realized. Our judgment regarding the realization of deferred tax assets may change due to future profitability and market conditions, changes in U.S. or foreign tax laws and other factors. These changes, if any, may require material adjustments to these deferred tax assets and an accompanying reduction or increase in net income in the period when such determinations are made.
	The determination of our provision for income taxes requires judgment, the use of estimates and the interpretation and application of complex tax laws. Our provision for income taxes reflects a combination of income earned and taxed at the federal and state level in the U.S., as well as in various foreign jurisdictions. We have not provided for any U.S. income taxes on the undistributed earnings of our foreign subsidiaries based upon our determination that such earnings will be indefinitely reinvested abroad.
	In addition to the risks to the effective tax rate described above, the future effective tax rate reflected in forward-looking statements is based on currently effective tax laws. Significant changes in those laws could materially affect these estimates.
	We recognize uncertain tax positions when it is more likely than not that the tax position will be sustained upon examination by relevant taxing authorities, based on the technical merits of the position. The amount recognized is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon ultimate settlement.
Stock Compensation	Stock Compensation. We account for share-based compensation according to FASB guidance relating to share based payments, which requires the measurement and recognition of compensation expense for all
	share-based awards made to employees and directors based on estimated fair values on the grant date. This guidance requires that we estimate the fair value of share-based awards on the date of grant and recognize as expense the value of the portion of the award that is ultimately expected to vest over the requisite service period.
Estimates	Estimates. The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles requires us to make estimates and assumptions that affect the reported amounts presented and disclosed in our consolidated financial statements. Significant estimates and assumptions in these consolidated financial statements require the exercise of judgment and are used for, but not limited to, allowance for doubtful accounts, estimates of future cash flows and other assumptions associated with goodwill, intangible and long-lived asset impairment tests, useful lives for depreciation and amortization, warranty programs, stock compensation, income taxes and deferred tax valuation allowances, and contingencies. Due to the inherent uncertainty involved in making estimates, actual results reported in future periods may be different from these estimates.

SUMMARY_OF_SIGNIFICANT_ACCOUNT2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Oct. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Schedule of Fair Value of Derivative Instruments			2014						2013
			Balance Sheet		Fair				Balance Sheet		Fair
	Derivatives		Location		Value				Location		Value
	Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	2,596			Derivative assets		$	244
	Foreign exchange forward contracts		Derivative liabilities		$	401			Derivative liabilities		$	1,158
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Derivative assets		$	531			Derivative assets		$	455
	Foreign exchange forward contracts		Derivative liabilities		$	304			Derivative liabilities		$	54
Schedule of Effect of Derivative Instruments on the Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Operations
	Derivatives		Amount of Gain (Loss)								Location of Gain		Amount of Gain (Loss)
			Recognized in Other								(Loss) Reclassified		Reclassified from Other
			Comprehensive Income								from Other		Comprehensive Income
											Comprehensive
											Income
			2014				2013						2014				2013
	Designated as Hedging Instruments:
	(Effective Portion)
	Foreign exchange forward contracts – Intercompany sales/purchases		$	830			$	(932	)		Cost of sales and service		$	(1,129	)		$	1,091
	Foreign exchange forward contract – Net Investment		$	207			$	(112	)
	We recognized a gain of $16,000 during the fiscal year ended October 31, 2014 and a loss of $37,000 during the fiscal year ended October 31, 2013 as a result of contracts closed early that were deemed ineffective for financial reporting purposes and did not qualify as cash flow hedges.
	Derivatives		Location of Gain (Loss)		Amount of Gain (Loss)
			Recognized in Operations		Recognized in Operations
					2014				2013
					(in thousands)
	Not Designated as Hedging Instruments:
	Foreign exchange forward contracts		Other income (expense)		$	1,657			$	(1,786	)
Schedule of Accumulated Other Comprehensive Loss			Foreign				Cash Flow				Total
			Currency				Hedges
			Translation
	Balance, October 31, 2012		$	(1,908	)		$	1,055			$	(853	)
	Other comprehensive income (loss) before reclassifications			892				(932	)			(40	)
	Reclassifications			—				(1,091	)			(1,091	)
	Balance, October 31, 2013			(1,016	)			(968	)			(1,984	)
	Other comprehensive income (loss) before reclassifications			(3,535	)			830				(2,705	)
	Reclassifications			—				1,129				1,129
	Balance, October 31, 2014		$	(4,551	)		$	991			$	(3,560	)
Schedule of Property and Equipment Estimated Useful Lives		Number of Years
	Land	Indefinite
	Building	40
	Machines	7 – 10
	Shop and office equipment	3 – 7
	Leasehold improvements	3 – 40
Schedule of Estimated Amortization Expense	Fiscal Year		Amortization
			Expense
	2015		$	1,050
	2016			800
	2017			575
	2018			525
	2019			425
Schedule of Goodwill	Balance as of October 31, 2013		$	2,807
	Impact of foreign currency translation			(201	)
	Balance as of October 31, 2014		$	2,606
Schedule of Intangible Assets	As of October 31, 2014, the balances of intangible assets, other than goodwill, were as follows (in thousands):
			Weighted				Gross				Accumulated				Net Intangible
			Average				Intangible				Amortization				Assets
			Amortization				Assets
			Period
	Tradenames and trademarks			13 years			$	263			$	(27	)		$	236
	Tradenames and trademarks			indefinite				60				—				60
	Customer relationships			15 years				260				(81	)			179
	Technology			13 years				766				(78	)			688
	Patents			6 years				2,972				(2,632	)			340
	Other			8 years				383				(251	)			132
	Total						$	4,704			$	(3,069	)		$	1,635
	As of October 31, 2013, the balances of intangible assets, other than goodwill, were as follows (in thousands):
			Weighted				Gross				Accumulated				Net Intangible
			Average				Intangible				Amortization				Assets
			Amortization				Assets
			Period
	Tradenames and trademarks			13 years			$	285			$	(7	)		$	278
	Tradenames and trademarks			indefinite				60				—				60
	Customer relationships			15 years				264				(64	)			200
	Technology			13 years				831				(21	)			810
	Patents			6 years				2,973				(2,363	)			610
	Other			8 years				399				(202	)			197
	Total						$	4,812			$	(2,657	)		$	2,155
Reconciliation of Basic and Diluted Earnings Per Share			Fiscal Year Ended October 31,
			2014								2013								2012
	(in thousands, except per share amount)		Basic				Diluted				Basic				Diluted				Basic			Diluted
	Net income		$	15,143			$	15,143			$	8,190			$	8,190			$	15,638		$	15,638
	Undistributed earnings  allocated to participating shares			(121	)			(121	)			(86	)			(86	)			(134	)		(134	)
	Net income applicable to common shareholders		$	15,022			$	15,022			$	8,104			$	8,104			$	15,504		$	15,504
	Weighted average shares  outstanding			6,497				6,497				6,455				6,455				6,445			6,445
	Stock options			—				41				—				42				—			25
				6,497				6,538				6,455				6,497				6,445			6,470
	Income per share		$	2.31			$	2.3			$	1.26			$	1.25			$	2.41		$	2.4

INVENTORIES_Tables

INVENTORIES (Tables)	12 Months Ended
	Oct. 31, 2014
INVENTORIES [Abstract]
Schedule of Inventories		2014		2013
	Purchased parts and sub-assemblies	$	21,703	$	21,647
	Work-in-process		14,236		15,996
	Finished goods		60,053		57,617
		$	95,992	$	95,260

ACQUISITION_OF_BUSINESS_Tables

ACQUISITION OF BUSINESS (Tables)	12 Months Ended
	Oct. 31, 2014
ACQUISITION OF BUSINESS [Abstract]
Schedule of Opening Balance Sheet	Current Assets	$	6,723
	Property plant and equipment		933
	Intangibles		1,437
	Goodwill		2,477
	Total assets	$	11,570
	Current Liabilities	$	4,821
	Short term debt		4,643
	Non-current liabilities		1,726
	Total liabilities	$	11,190
	Cash expended, net of cash acquired		380
	Indebtedness assumed		4,643
	Total purchase price	$	5,023
Schedule of Intangible Assets				Remaining
				Economic
				Useful Life
	Trademark/name	$	274	13 years
	Technology and manufacturing know how		1,111	13 years
	Customer relationships		52	16 years
		$	1,437

FINANCIAL_INSTRUMENTS_Tables

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Oct. 31, 2014
FINANCIAL INSTRUMENTS [Abstract]
Schedule of Assets and Liabilities Fair Value		Assets				Liabilities
		October 31,		October 31,		October 31,		October 31,
		2014		2013		2014		2013
	Level 1
	Deferred compensation	$	1,232	$	1,073	$	-	$	-
	Level 2
	Derivatives	$	3,127	$	699	$	705	$	1,212

INCOME_TAXES_Tables

INCOME TAXES (Tables)	12 Months Ended
	Oct. 31, 2014
INCOME TAXES [Abstract]
Schedule of Income Taxes Provision (Benefit)		Year Ended October 31,
		2014			2013			2012
	Current:
	U.S. taxes	$	3,498		$	737		$	5,460
	Foreign taxes		3,594			2,606			2,612
			7,092			3,343			8,072
	Deferred:
	U.S. taxes		(709	)		855			(1,931	)
	Foreign taxes		(165	)		54			85
			(874	)		909			(1,846	)
		$	6,218		$	4,252		$	6,226
Schedule of Reconciliation of Statutory Tax Rate to Effective Tax Rate		Year Ended October 31,
		2014			2013			2012
	Income (Loss) before income taxes (in thousands):
	Domestic	$	9,190		$	4,524		$	12,432
	Foreign		12,171			7,918			9,432
	Earnings (Loss) before taxes on income	$	21,361		$	12,442		$	21,864
	Tax rates:
	U.S. statutory rate		35	%		35	%		35	%
	Effect of tax rate of international jurisdictions different than U.S. statutory rates		(6	)%		(6	)%		(6	)%
	Valuation allowance		0	%		5	%		1	%
	State taxes		0	%		1	%		1	%
	Tax Credits		(1	)%		(3	)%		(2	)%
	Other		1	%		2	%		(1	)%
	Effective tax rate		29	%		34	%		28	%
Schedule of Deferred Tax Assets and Liabilities		October 31,
		2014			2013
	Deferred Tax Assets:
	Net derivative instruments	$	—		$	411
	Accrued inventory reserves		1,015			1,002
	Accrued warranty expenses		397			154
	Compensation related expenses		1,613			1,572
	Unrealized exchange gain/loss		435			—
	Other accrued expenses		167			191
	Net operating loss and credit carryforwards		1,417			1,468
	Other		118			409
			5,162			5,207
	Less: Valuation allowance on net operating loss and credit carryforwards		(1,225	)		(1,199	)
	Deferred tax assets		3,937			4,008
	Deferred Tax Liabilities:
	Net derivative instruments		(537	)		—
	Property and equipment and capitalized software development costs		(1,950	)		(1,814	)
	Unrealized exchange gain/loss		—			(359	)
	Other		(381	)		(498	)
	Net deferred tax assets	$	1,069		$	1,337
Schedule of Unrecognized Tax Benefits		2014			2013			2012
	Balance, beginning of year	$	1,284		$	118		$	244
	Additions based on tax positions related to the current year		5			1,217			5
	Additions (reductions) related to prior year tax positions		(4	)		23			(131	)
	Reductions due to statute expiration		—			(74	)		—
	Other		(89	)		—			—
	Balance, end of year	$	1,196		$	1,284		$	118

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	12 Months Ended
	Oct. 31, 2014
STOCK-BASED COMPENSATION [Abstract]
Schedule of Restricted Stock Activity							Weighted Average
			Number of				Grant  Date
			Shares				Fair Value
	Unvested at October 31, 2013			68,456			$	23.01
	Shares granted			57,421				24.9
	Shares vested			(23,520	)			24.42
	Shares cancelled			(13,609	)			23.64
	Shares withheld			(7,710	)			23.1
	Unvested at October 31, 2014			81,038			$	23.83
Schedule of Stock Option Activity			Shares Under				Weighted
			Option				Average
							Exercise Price
							Per Share
	Balance October 31, 2011			115,369			$	20.66
	Granted			45,236				21.45
	Cancelled			(5,000	)			26.69
	Expired			—				—
	Exercised			(500	)			2.15
	Balance October 31, 2012			155,105			$	20.75
	Granted			24,976				23.3
	Cancelled			—				—
	Expired			—				—
	Exercised			(11,369	)			26.69
	Balance October 31, 2013			168,712			$	20.73
	Granted			—				—
	Cancelled			(20,217	)			25.59
	Expired			—				—
	Exercised			(20,306	)			17.67
	Balance October 31, 2014			128,189			$	20.45
Schedule of Stock Options Outstanding and Exercisable	Range of Exercise				Shares Under				Weighted		Weighted Average
	Prices Per Share				Option				Average Exercise		Remaining Contractual
									Price Per Share		Life in Years
	Outstanding
	$	14.82				24,000			$	14.82		5.1
		14.88				17,000				14.88		4.5
		18.13				16,000				18.13		5.5
		21.45				37,841				21.45		7.1
		23.3				20,848				23.3		8.1
		26.69				2,500				26.69		2
		35.83				10,000				35.83		3.6
	$	14.82 – 35.83				128,189			$	20.45		6
	Exercisable
	$	14.82				24,000			$	14.82		5.1
		14.88				17,000				14.88		4.5
		18.13				16,000				18.13		5.5
		21.45				25,227				21.45		4.8
		23.3				6,949				23.3		2.7
		26.69				2,500				26.69		2
		35.83				10,000				35.83		3.6
	$	14.82 – 35.83				101,676			$	19.93		4.6

RELATED_PARTY_TRANSACTIONS_Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Oct. 31, 2014
RELATED PARTY TRANSACTIONS [Abstract]
Schedule of Financial Information		2014		2013		2012
	Net Sales	$	12,063	$	12,312	$	12,252
	Gross Profit		1,759		1,949		1,735
	Operating Income (Loss)		468		544		340
	Net Income (Loss)		1,264		747		882
	Current Assets	$	10,469	$	8,755	$	7,091
	Non-current Assets		3,065		2,820		2,610
	Current Liabilities		3,637		2,846		1,702

GUARANTEES_AND_PRODUCT_WARRANT1

GUARANTEES AND PRODUCT WARRANTIES (Tables)	12 Months Ended
	Oct. 31, 2014
GUARANTEES AND PRODUCT WARRANTIES [Abstract]
Reconciliation of Warranty Reserve		2014			2013			2012
	Balance, beginning of year	$	1,778		$	1,623		$	1,725
	Provision for warranties during the year		3,846			3,811			3,473
	Charges to the accrual		(3,529	)		(3,670	)		(3,567	)
	Impact of foreign currency translation		(47	)		14			(8	)
	Balance, end of year	$	2,048		$	1,778		$	1,623

OPERATING_LEASES_Tables

OPERATING LEASES (Tables)	12 Months Ended
	Oct. 31, 2014
OPERATING LEASES [Abstract]
Schedule of Future Minimum Payments under Operating Leases	2015	$	3,325
	2016		2,407
	2017		1,662
	2018		1,057
	2019 and thereafter		1,403
	Total	$	9,854

QUARTERLY_HIGHLIGHTS_Tables

QUARTERLY HIGHLIGHTS (Tables)	12 Months Ended
	Oct. 31, 2014
QUARTERLY HIGHLIGHTS [Abstract]
Schedule of Selected Quarterly Financial Information		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter
	2014 (In thousands, except per share data)
	Sales and service fees	$	50,970		$	53,731		$	55,379		$	62,223
	Gross profit		13,919			16,629			18,012			20,052
	Gross profit margin		27	%		31	%		33	%		32	%
	Selling, general and administrative expenses		10,600			11,206			11,869			12,940
	Operating income		3,319			5,423			6,143			7,112
	Provision for income taxes		904			1,585			1,684			2,045
	Net income		2,369			3,536			4,375			4,863
	Income per common share – basic	$	0.36		$	0.54		$	0.67		$	0.74
	Income per common share – diluted	$	0.36		$	0.54		$	0.66		$	0.74
		First			Second			Third			Fourth
		Quarter			Quarter			Quarter			Quarter
	2013 (In thousands, except per share data)
	Sales and service fees	$	44,085		$	49,619		$	45,158		$	53,942
	Gross profit		12,916			15,283			11,715			15,142
	Gross profit margin		29	%		31	%		26	%		28	%
	Selling, general and administrative expenses		8,920			10,679			10,012			11,802
	Operating income		3,996			4,604			1,703			3,340
	Provision for income taxes		1,445			1,329			263			1,215
	Net income		2,254			3,183			854			1,899
	Income per common share – basic	$	0.35		$	0.49		$	0.13		$	0.29
	Income per common share – diluted	$	0.34		$	0.48		$	0.13		$	0.29

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	12 Months Ended
	Oct. 31, 2014
SEGMENT INFORMATION [Abstract]
Schedule of Net Sales and Service Fees by Product Category
		Year ended October 31,
		2014		2013		2012
	Computerized Machine Tools **	$	193,937	$	166,896	$	179,337
	Computer Control Systems and Software *		3,407		3,066		2,947
	Service Parts		17,391		16,474		15,299
	Service Fees		7,568		6,368		5,534
	Total	$	222,303	$	192,804	$	203,117
	*
	Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine systems.
	**
	Amounts shown include sales of LCM electro-mechanical components to third parties since the date of acquisition on July 1, 2013.
Schedule of Revenues by Geographic Area	Revenues by Geographic Area	Year Ended October 31,
		2014		2013		2012
	North America	$	62,247	$	60,660	$	60,500
	Germany		51,581		43,597		49,979
	United Kingdom		32,557		27,343		28,914
	Italy		13,456		8,738		6,038
	France		9,972		10,918		9,970
	Other Europe		24,728		22,738		23,145
	Total Europe		132,294		113,334		118,046
	Asia		23,766		17,401		23,216
	Other Foreign		3,996		1,409		1,355
	Total Foreign		160,056		132,144		142,617
		$	222,303	$	192,804	$	203,117
Schedule of Assets by Geographic Area
	Long-lived tangible assets, net by geographic area, were (in thousands):
		As of October 31,
		2014		2013
	United States	$	6,815	$	6,523
	Foreign countries		6,017		7,063
		$	12,832	$	13,586
	Net assets by geographic area were (in thousands):
		As of October 31,
		2014		2013
	North America	$	79,121	$	69,450
	Europe		61,186		59,498
	Asia		24,338		22,543
		$	164,645	$	151,491

SUMMARY_OF_SIGNIFICANT_ACCOUNT3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)

12 Months Ended

Oct. 31, 2014

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2013

USD ($)

USD ($)

USD ($)

Minimum [Member]

Maximum [Member]

Forward Contracts [Member]

Forward Contracts [Member]

Forward Contracts [Member]

Forward Contracts [Member]

Forward Contracts [Member]

Forward Contracts [Member]

Euros [Member]

Pounds Sterling [Member]

Forward Contracts Denominated in Euros, Pounds Sterling, Canadian Dollars, South African Rand [Member]

Forward Contracts Denominated in New Taiwan Dollars [Member]

Forward Contracts Denominated in New Taiwan Dollars [Member]

Hurco Automation, Ltd. [Member]

Hurco Automation, Ltd. [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Minimum [Member]

Minimum [Member]

Maximum [Member]

Maximum [Member]

Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Not Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Not Designated as Hedging Instrument [Member]

USD ($)

USD ($)

USD ($)

EUR (€)

Designated as Hedging Instrument [Member]

Not Designated as Hedging Instrument [Member]

Designated as Hedging Instrument [Member]

Not Designated as Hedging Instrument [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

Consolidation

Ownership interest

35.00%

Equity investment in affiliate

$3,100,000

$2,700,000

Translation of Foreign Currencies

Cumulative foreign currency translation adjustments

-4,600,000

Derivative financial instruments:

Derivative maturity date

30-Nov-15

30-Nov-15

30-Nov-14

30-Nov-14

31-Oct-15

30-Apr-15

Notional principal of foreign exchange contracts

122,200,000

105,000,000

26,800,000

11,200,000

33,500,000

19,800,000

23,200,000

(Losses) gains, net of tax, related to cash flow hedges deferred in Accumulated Other Comprehensive Loss

991,000

Unrealized gains, net of tax, to be reclassified in next 12 months

1,200,000

Notional amount of derivatives designated as net investment hedge

3,000,000

Realized gain on net investment hedge

238,000

Unrealized gain, net of tax, recorded as cumulative translation adjustments in Accumulated Other Comprehensive Loss

194,000

Gain (loss) on hedge ineffectiveness

16,000

-37,000

Property and Equipment

Depreciation and amortization expense

2,200,000

2,200,000

2,200,000

Research and Development Costs

Research and development expenses

3,400,000

3,000,000

2,600,000

Software Development Costs

Weighted Average Amortization Period

3 years

5 years

Capitalized costs

1,000,000

1,000,000

1,000,000

Amortization expense

1,200,000

1,200,000

1,900,000

Accumulated amortization

14,300,000

13,100,000

Goodwill and Intangible Assets

Intangible assets amortization expense

412,000

342,000

423,000

Expected future amortization expense, 2015

231,000

Expected future amortization expense, 2016

148,000

Expected future amortization expense, 2017

126,000

Expected future amortization expense, 2018

126,000

Expected future amortization expense, 2019

$126,000

SUMMARY_OF_SIGNIFICANT_ACCOUNT4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Fair Value of Derivative Instruments) (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Derivatives, Fair Value [Line Items]
Derivative assets	$3,127	$699
Derivative liabilities	705	1,212
Foreign Exchange Forward [Member] | Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	2,596	244
Derivative liabilities	401	1,158
Foreign Exchange Forward [Member] | Not Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivative assets	531	455
Derivative liabilities	$304	$54

SUMMARY_OF_SIGNIFICANT_ACCOUNT5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Effect of Derivative Instruments on Consolidated Balance Sheets, Statements of Changes in Shareholders' Equity and Statements of Operations) (Details) (Foreign Exchange Forward [Member], USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Designated as Hedging Instrument [Member] | Intercompany [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	$830	($932)
Designated as Hedging Instrument [Member] | Net Investment Hedging [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Other Comprehensive Income	207	-112
Designated as Hedging Instrument [Member] | Cost of Sales and Service [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Reclassified from Other Comprehensive Income	-1,129	1,091
Not Designated as Hedging Instrument [Member] | Other Income (Expense) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of Gain (Loss) Recognized in Operations	$1,657	($1,786)

SUMMARY_OF_SIGNIFICANT_ACCOUNT6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Accumulated Other Comprehensive Loss) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning Balance	($1,984)	($853)
Other comprehensive income (loss) before reclassifications	-2,705	-40
Reclassifications	1,129	-1,091	109
Ending Balance	-3,560	-1,984	-853
Foreign Currency Translation [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning Balance	-1,016	-1,908
Other comprehensive income (loss) before reclassifications	-3,535	892
Reclassifications
Ending Balance	-4,551	-1,016
Cash Flow Hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Beginning Balance	-968	1,055
Other comprehensive income (loss) before reclassifications	830	-932
Reclassifications	1,129	-1,091
Ending Balance	$991	($968)

SUMMARY_OF_SIGNIFICANT_ACCOUNT7

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Useful Lives) (Details)	12 Months Ended
	Oct. 31, 2014
Building [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years
Machines [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Machines [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	10 years
Shop and Office Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Shop and Office Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Leasehold Improvements [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Leasehold Improvements [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	40 years

SUMMARY_OF_SIGNIFICANT_ACCOUNT8

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Estimated Amortization Expense) (Details) (USD $)	Oct. 31, 2014
In Thousands, unless otherwise specified
Estimated amortization expenses for the following years:
2015	$1,050
2016	800
2017	575
2018	525
2019	$425

SUMMARY_OF_SIGNIFICANT_ACCOUNT9

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Goodwill) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Balance as of October 31, 2013	$2,807
Impact of foreign currency translation	-201
Balance as of October 31, 2014	$2,606

Recovered_Sheet1

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Schedule of Intangible Assets) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	$4,704	$4,812
Accumulated Amortization	-3,069	-2,657
Net Intangible Assets	1,635	2,155
Tradenames and trademarks [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	263	285
Accumulated Amortization	-27	-7
Net Intangible Assets	236	278
Indefinite tradenames and trademarks	60	60
Weighted Average Amortization Period	13 years
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	260	264
Accumulated Amortization	-81	-64
Net Intangible Assets	179	200
Weighted Average Amortization Period	15 years
Technology [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	766	831
Accumulated Amortization	-78	-21
Net Intangible Assets	688	810
Weighted Average Amortization Period	13 years
Patents [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	2,972	2,973
Accumulated Amortization	-2,632	-2,363
Net Intangible Assets	340	610
Weighted Average Amortization Period	6 years
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Intangible Assets	383	399
Accumulated Amortization	-251	-202
Net Intangible Assets	$132	$197
Weighted Average Amortization Period	8 years

Recovered_Sheet2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Reconciliation of Basic and Diluted Earnings (Loss) Per Share) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Net income	$4,863	$4,375	$3,536	$2,369	$1,899	$854	$3,183	$2,254	$15,143	$8,190	$15,638
Undistributed earnings allocated to participating shares									-121	-86	-134
Net income (loss) applicable to common shareholders									$15,022	$8,104	$15,504
Weighted average shares outstanding									6,497	6,455	6,445
Stock options									41	42	25
Diluted weighted average shares outstanding									6,538	6,497	6,470
Basic income (loss) per share	$0.74	$0.67	$0.54	$0.36	$0.29	$0.13	$0.49	$0.35	$2.31	$1.26	$2.41
Diluted income (loss) per share	$0.74	$0.66	$0.54	$0.36	$0.29	$0.13	$0.48	$0.34	$2.30	$1.25	$2.40

INVENTORIES_Details

INVENTORIES (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
INVENTORIES [Abstract]
Purchased parts and sub-assemblies	$21,703,000	$21,647,000
Work-in-process	14,236,000	15,996,000
Finished goods	60,053,000	57,617,000
Inventories	95,992,000	95,260,000
Finished goods inventory consigned to distributors and agents	$6,200,000	$6,100,000

ACQUISITION_OF_BUSINESS_Narrat

ACQUISITION OF BUSINESS (Narrative) (Details) (USD $)	1 Months Ended	12 Months Ended
	Jul. 01, 2013	Oct. 31, 2013
ACQUISITION OF BUSINESS [Abstract]
Total purchase price	$5,023,000
Intangibles	1,437,000
Goodwill	2,477,000
Business acquisition costs		$675,000

ACQUISITION_OF_BUSINESS_Schedu

ACQUISITION OF BUSINESS (Schedule of Opening Balance Sheet) (Details) (USD $)	1 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Jul. 01, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
ACQUISITION OF BUSINESS [Abstract]
Current assets	$6,723
Property plant and equipment	933
Intangibles	1,437
Goodwill	2,477
Total assets	11,570
Current liabilities	4,821
Short term debt	4,643
Non-current liabilities	1,726
Total Liabilities	11,190
Cash expended, net of cash acquired	380		380
Indebtedness assumed	4,643
Total purchase price	$5,023

ACQUISITION_OF_BUSINESS_Schedu1

ACQUISITION OF BUSINESS (Schedule of Intangible Assets) (Details) (USD $)	1 Months Ended
In Thousands, unless otherwise specified	Jul. 01, 2013
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles	$1,437
Tradenames and trademarks [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles	274
Remaining Economic Useful Life	13 years
Technology [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles	1,111
Remaining Economic Useful Life	13 years
Customer relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles	$52
Remaining Economic Useful Life	16 years

CREDIT_AGREEMENTS_AND_BORROWIN1

CREDIT AGREEMENTS AND BORROWINGS (Details)

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2013

Oct. 31, 2012

Oct. 31, 2014

Dec. 05, 2014

Dec. 04, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2014

Oct. 31, 2013

Oct. 31, 2013

9-May-14

8-May-14

USD ($)

New Credit Facility [Member]

New Credit Facility [Member]

Acquisition-related Costs [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Revolving Credit Facility [Member]

Letter of Credit [Member]

Letter of Credit [Member]

Letter of Credit [Member]

LIBOR-Based Rate [Member]

Federal Funds Rate [Member]

USD ($)

Prior Credit Facility [Member]

New Credit Facility [Member]

New Credit Facility [Member]

New Credit Facility [Member]

Taiwan [Member]

Taiwan [Member]

United Kingdom [Member]

Germany [Member]

China [Member]

China [Member]

China [Member]

Prior Credit Facility [Member]

New Credit Facility [Member]

New Credit Facility [Member]

USD ($)

USD ($)

USD ($)

USD ($)

USD ($)

TWD

GBP (£)

EUR (€)

USD ($)

CNY

USD ($)

USD ($)

USD ($)

USD ($)

Line of Credit Facility [Line Items]

Line of credit, maximum borrowing capacity

$15,000,000

$12,500,000

$3,300,000

100,000,000

£ 1,000,000

€ 1,500,000

$6,600,000

40,000,000

$3,000,000

$5,000,000

$3,000,000

Line of credit, maturity date

7-Dec-16

12-May-15

12-May-15

24-Feb-15

24-Feb-15

Interest rate spread

1.00%

0.50%

1.00%

Percentage fee on portion that is not utilized

0.05%

Line of credit amount outstanding

383,000

3,300,000

3,300,000

Borrowings available under credit facility

18,700,000

Allowable investments in subsidiaries

5,000,000

Minimum working capital requirement

90,000,000

Minimum tangible net worth requirement

120,000,000

Maximum dividends allowable

$4,000,000

$4,000,000

$3,000,000

Interest rate

5.60%

5.60%

FINANCIAL_INSTRUMENTS_Details

FINANCIAL INSTRUMENTS (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
FINANCIAL INSTRUMENTS [Abstract]
Notional amount of contracts	$122,200,000	$105,000,000
Fair Value, Measurements, Recurring [Member] | Level 1 [Member]
Assets
Deferred compensation	1,232,000	1,073,000
Liabilities
Deferred compensation
Fair Value, Measurements, Recurring [Member] | Level 2 [Member]
Assets
Derivatives	3,127,000	699,000
Liabilities
Derivatives	$705,000	$1,212,000

INCOME_TAXES_Schedule_of_Provi

INCOME TAXES (Schedule of Provision (Benefit) for Income Taxes) (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Current:
U.S. taxes									$3,498	$737	$5,460
Foreign taxes									3,594	2,606	2,612
Current provision (benefit) for income taxes									7,092	3,343	8,072
Deferred:
U.S. taxes									-709	855	-1,931
Foreign taxes									-165	54	85
Deferred provision (benefit) for income taxes									-874	909	-1,846
Provision (benefit) for income taxes	$2,045	$1,684	$1,585	$904	$1,215	$263	$1,329	$1,445	$6,218	$4,252	$6,226

INCOME_TAXES_Schedule_of_Compa

INCOME TAXES (Schedule of Comparison of Income Tax Expense) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Income (Loss) before income taxes (in thousands):
Domestic	$9,190	$4,524	$12,432
Foreign	12,171	7,918	9,432
Income (loss) before income taxes	$21,361	$12,442	$21,864
Tax rates:
U.S. statutory rate	35.00%	35.00%	35.00%
Effect of tax rate of international jurisdictions different than U.S. statutory rates	-6.00%	-6.00%	-6.00%
Valuation allowance	0.00%	5.00%	1.00%
State taxes	0.00%	1.00%	1.00%
Tax Credits	-1.00%	-3.00%	-2.00%
Other	1.00%	2.00%	-1.00%
Effective tax rate	29.00%	34.00%	28.00%

INCOME_TAXES_Narrative_Details

INCOME TAXES (Narrative) (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013
INCOME TAXES [Abstract]
Undistributed earnings of foreign investments and subsidiaries	$65,400,000
Deferred tax assets for accumulated net operating loss carryforwards	1,100,000
Valuation allowance against carryforwards	1,100,000	1,200,000
Operating Loss Carryforwards [Line Items]
Net operating loss and credit carryforwards	1,417,000	1,468,000
Deferred tax assets relating to net operating losses and other carryforwards, subject to expiration	1,100,000
Income Tax Contingency [Line Items]
Interest accrued	10,000
Expirations within Five Years [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets relating to net operating losses and other carryforwards, subject to expiration	1,000,000
Operating loss carryforwards, minimum expiration term	5 years
Expirations after Six Years [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets relating to net operating losses and other carryforwards, subject to expiration	125,000
Operating loss carryforwards, minimum expiration term	5 years
Operating loss carryforwards, maximum expiration term	20 years
Tax Credits [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax assets relating to net operating losses and other carryforwards, subject to expiration	$268,000
Operating loss carryforwards, minimum expiration term	10 years
Operating loss carryforwards, maximum expiration term	20 years

INCOME_TAXES_Schedule_of_Defer

INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Deferred Tax Assets:
Net derivative instruments		$411
Accrued inventory reserves	1,015	1,002
Accrued warranty expenses	397	154
Compensation related expenses	1,613	1,572
Unrealized exchange gain/loss	435
Other accrued expenses	167	191
Net operating loss and credit carryforwards	1,417	1,468
Other	118	409
Deferred tax assets, gross	5,162	5,207
Less: Valuation allowance on net operating loss and credit carryforwards	-1,225	-1,199
Deferred tax assets	3,937	4,008
Deferred Tax Liabilities:
Net derivative instruments	-537
Property and equipment and capitalized software development costs	-1,950	-1,814
Unrealized exchange gain/loss		-359
Other	-381	-498
Net deferred tax assets	$1,069	$1,337

INCOME_TAXES_Schedule_of_Unrec

INCOME TAXES (Schedule of Unrecognized Tax Benefits) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
INCOME TAXES [Abstract]
Balance, beginning of year	$1,284	$118	$244
Additions based on tax positions related to the current year	5	1,217	5
Additions (reductions) related to prior years tax positions	-4	23	-131
Reductions due to statute expiration		-74
Other	-89
Balance, end of year	$1,196	$1,284	$118

INCOME_TAXES_Summary_of_Open_T

INCOME TAXES (Summary of Open Tax Years) (Details)	12 Months Ended
	Oct. 31, 2014
Internal Revenue Service (IRS) [Member]
Income Tax Contingency [Line Items]
Open tax years	2011
Indiana [Member]
Income Tax Contingency [Line Items]
Open tax years	2008
California [Member]
Income Tax Contingency [Line Items]
Open tax years	2010
Germany [Member]
Income Tax Contingency [Line Items]
Open tax years	2013	[1]
Taiwan [Member]
Income Tax Contingency [Line Items]
Open tax years	2011
[1]	Includes federal as well as state, provincial or similar local jurisdictions, as applicable.

EMPLOYEE_BENEFITS_Details

EMPLOYEE BENEFITS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
EMPLOYEE BENEFITS [Abstract]
Contributions to defined contribution plans	$884,000	$787,000	$459,000

STOCKBASED_COMPENSATION_Narrat

STOCK-BASED COMPENSATION (Narrative) (Details) (USD $)	1 Months Ended					12 Months Ended			1 Months Ended
	Mar. 13, 2014	Mar. 14, 2013	Dec. 12, 2012	Mar. 15, 2012	Dec. 14, 2011	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012	Jan. 10, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period of options granted						10 years
Total number of shares of common stock that may be issued as awards under 2008 Plan						750,000
Stock-based compensation expense						$921,000	$979,000	$870,000
Unrecognized Stock-based compensation expense						996,000
Restricted stock granted	11,235	6,230	12,983	6,475	24,243	57,421
Closing sales price of common stock		$28.08	$23.30	$27	$21.45
Grant date fair value of restricted stock	$24.92					$23.83	$23.01
Options granted			24,976		45,236		24,976	45,236
Expected volatility			62.00%		64.00%
Expected term			5 years		5 years
Dividend yield rate			0.00%		0.00%
Risk-free interest rate			0.66%		0.86%
Grant date fair value of stock options			$12.11		$11.50
Exercise of common stock options, shares						20,306	11,369	500
Proceeds from exercise of common stock options						357,000	302,000	1,000
Total intrinsic value of stock options exercised						424,000	0	10,000
Total intrinsic value of outstanding stock options vested and expected to vest and intrinsic value of options outstanding and exercisable						$2,300,000
Time Based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted									12,182
Vesting period									3 years
Grant date fair value of restricted stock									$24.01
Vesting percentage									25.00%
Performance Based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting percentage									75.00%
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year	1 year	3 years	1 year	3 years
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			3 years		3 years
Performance Shares TSR [Member] | Performance Based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted									16,948
Vesting period									3 years
Grant date fair value of restricted stock									$26.43
Percentage of incentive compensation arrangement									40.00%
Performance Shares TSR [Member] | Performance Based [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be earned									50.00%
Performance Shares TSR [Member] | Performance Based [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be earned									200.00%
Performance Shares ROIC [Member] | Performance Based [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Restricted stock granted									17,056
Vesting period									3 years
Grant date fair value of restricted stock									$24.01
Percentage of incentive compensation arrangement									35.00%
Performance Shares ROIC [Member] | Performance Based [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be earned									50.00%
Performance Shares ROIC [Member] | Performance Based [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of shares to be earned									200.00%

STOCKBASED_COMPENSATION_Reconc

STOCK-BASED COMPENSATION (Reconciliation of Restricted Stock Activity and Related Information) (Details) (USD $)	1 Months Ended					12 Months Ended
	Mar. 13, 2014	Mar. 14, 2013	Dec. 12, 2012	Mar. 15, 2012	Dec. 14, 2011	Oct. 31, 2014
Number of Shares
Unvested at October 31, 2013						68,456
Shares granted	11,235	6,230	12,983	6,475	24,243	57,421
Shares vested						-23,520
Shares cancelled						-13,609
Shares withheld						-7,710
Unvested at October 31, 2014						81,038
Weighted Average Grant Date Fair Value
Unvested at October 31, 2013						$23.01
Shares granted						$24.90
Shares vested						$24.42
Shares cancelled						$23.64
Shares withheld						$23.10
Unvested at October 31, 2014	$24.92					$23.83

STOCKBASED_COMPENSATION_Summar

STOCK-BASED COMPENSATION (Summary of Stock Option Activity and Related Information) (Details) (USD $)	1 Months Ended		12 Months Ended
	Dec. 12, 2012	Dec. 14, 2011	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Shares Under Option
Beginning balance			168,712	155,105	115,369
Granted	24,976	45,236		24,976	45,236
Cancelled			-20,217		-5,000
Expired
Exercised			-20,306	-11,369	-500
Ending balance			128,189	168,712	155,105
Weighted Average Exercise Price Per Share
Beginning balance			$20.73	$20.75	$20.66
Granted				$23.30	$21.45
Cancelled			$25.59		$26.69
Expired
Exercised			$17.67	$26.69	$2.15
Ending balance			$20.45	$20.73	$20.75

STOCKBASED_COMPENSATION_Schedu

STOCK-BASED COMPENSATION (Schedule of Options Outstanding and Exercisable) (Details) (USD $)	12 Months Ended
	Oct. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Exercise price, minimum	$14.82
Exercise price, maximum	$35.83
Outstanding
Shares Under Option	128,189
Weighted Average Exercise Price Per Share	$20.45
Weighted Average Remaining Contractual Life in Years	6 years
Exercisable
Shares Under Option	101,676
Weighted Average Exercise Price Per Share	$19.93
Weighted Average Remaining Contractual Life in Years	4 years 7 months 6 days
$ 14.82 [Member]
Outstanding
Shares Under Option	24,000
Weighted Average Exercise Price Per Share	$14.82
Weighted Average Remaining Contractual Life in Years	5 years 1 month 6 days
Exercisable
Shares Under Option	24,000
Weighted Average Exercise Price Per Share	$14.82
Weighted Average Remaining Contractual Life in Years	5 years 1 month 6 days
$ 14.88 [Member]
Outstanding
Shares Under Option	17,000
Weighted Average Exercise Price Per Share	$14.88
Weighted Average Remaining Contractual Life in Years	4 years 6 months
Exercisable
Shares Under Option	17,000
Weighted Average Exercise Price Per Share	$14.88
Weighted Average Remaining Contractual Life in Years	4 years 6 months
$ 18.13 [Member]
Outstanding
Shares Under Option	16,000
Weighted Average Exercise Price Per Share	$18.13
Weighted Average Remaining Contractual Life in Years	5 years 6 months
Exercisable
Shares Under Option	16,000
Weighted Average Exercise Price Per Share	$18.13
Weighted Average Remaining Contractual Life in Years	5 years 6 months
$ 21.45 [Member]
Outstanding
Shares Under Option	37,841
Weighted Average Exercise Price Per Share	$21.45
Weighted Average Remaining Contractual Life in Years	7 years 1 month 6 days
Exercisable
Shares Under Option	25,227
Weighted Average Exercise Price Per Share	$21.45
Weighted Average Remaining Contractual Life in Years	4 years 9 months 18 days
$ 23.30 [Member]
Outstanding
Shares Under Option	20,848
Weighted Average Exercise Price Per Share	$23.30
Weighted Average Remaining Contractual Life in Years	8 years 1 month 6 days
Exercisable
Shares Under Option	6,949
Weighted Average Exercise Price Per Share	$23.30
Weighted Average Remaining Contractual Life in Years	2 years 8 months 12 days
$ 26.69 [Member]
Outstanding
Shares Under Option	2,500
Weighted Average Exercise Price Per Share	$26.69
Weighted Average Remaining Contractual Life in Years	2 years
Exercisable
Shares Under Option	2,500
Weighted Average Exercise Price Per Share	$26.69
Weighted Average Remaining Contractual Life in Years	2 years
$ 35.83 [Member]
Outstanding
Shares Under Option	10,000
Weighted Average Exercise Price Per Share	$35.83
Weighted Average Remaining Contractual Life in Years	3 years 7 months 6 days
Exercisable
Shares Under Option	10,000
Weighted Average Exercise Price Per Share	$35.83
Weighted Average Remaining Contractual Life in Years	3 years 7 months 6 days

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Related Party Transaction [Line Items]
Accounts payable-related parties	$2,254,000	$1,265,000
Hurco Automation, Ltd. [Member]
Related Party Transaction [Line Items]
Ownership interest	35.00%
Equity investment in affiliate	3,100,000	2,700,000
Purchases of product	9,300,000	9,800,000	10,200,000
Sales of product	1,400,000	1,500,000	1,800,000
Accounts payable-related parties	2,300,000	1,300,000
Trade receivables	255,000	287,000
Summarized financial information:
Net Sales	12,063,000	12,312,000	12,252,000
Gross Profit	1,759,000	1,949,000	1,735,000
Operating Income (Loss)	468,000	544,000	340,000
Net Income (Loss)	1,264,000	747,000	882,000
Current Assets	10,469,000	8,755,000	7,091,000
Non-current Assets	3,065,000	2,820,000	2,610,000
Current Liabilities	$3,637,000	$2,846,000	$1,702,000

GUARANTEES_AND_PRODUCT_WARRANT2

GUARANTEES AND PRODUCT WARRANTIES (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
GUARANTEES AND PRODUCT WARRANTIES [Abstract]
Number of outstanding third party payment guarantees	18
Outstanding third party payment guarantees	$1,500,000
Term of warranties	1 year
Reconciliation of the changes in our warranty reserve:
Balance, beginning of year	1,778,000	1,623,000	1,725,000
Provision for warranties during the year	3,846,000	3,811,000	3,473,000
Charges to the accrual	-3,529,000	-3,670,000	-3,567,000
Impact of foreign currency translation	-47,000	14,000	-8,000
Balance, end of year	$2,048,000	$1,778,000	$1,623,000

OPERATING_LEASES_Details

OPERATING LEASES (Details) (USD $)	12 Months Ended
	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
	sqft
OPERATING LEASES [Abstract]
2015	$3,325,000
2016	2,407,000
2017	1,662,000
2018	1,057,000
2019 and thereafter	1,403,000
Total	9,854,000
Lease expense	4,000,000	3,600,000	3,300,000
Lease income	$118,000
Area of space	34,000
Lease expiration date	30-Apr-16

QUARTERLY_HIGHLIGHTS_Details

QUARTERLY HIGHLIGHTS (Details) (USD $)	3 Months Ended								12 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2013	Jan. 31, 2013	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
QUARTERLY HIGHLIGHTS [Abstract]
Sales and service fees	$62,223	$55,379	$53,731	$50,970	$53,942	$45,158	$49,619	$44,085	$222,303	$192,804	$203,117
Gross profit	20,052	18,012	16,629	13,919	15,142	11,715	15,283	12,916	68,612	55,056	63,181
Gross profit margin	32.00%	33.00%	31.00%	27.00%	28.00%	26.00%	31.00%	29.00%
Selling, general and administrative expenses	12,940	11,869	11,206	10,600	11,802	10,012	10,679	8,920	46,615	41,413	41,160
Operating income	7,112	6,143	5,423	3,319	3,340	1,703	4,604	3,996	21,997	13,643	22,021
Provision for income taxes	2,045	1,684	1,585	904	1,215	263	1,329	1,445	6,218	4,252	6,226
Net income	$4,863	$4,375	$3,536	$2,369	$1,899	$854	$3,183	$2,254	$15,143	$8,190	$15,638
Income per common share - basic	$0.74	$0.67	$0.54	$0.36	$0.29	$0.13	$0.49	$0.35	$2.31	$1.26	$2.41
Income per common share - diluted	$0.74	$0.66	$0.54	$0.36	$0.29	$0.13	$0.48	$0.34	$2.30	$1.25	$2.40

SEGMENT_INFORMATION_Narrative_

SEGMENT INFORMATION (Narrative) (Details)	12 Months Ended
	Oct. 31, 2014
Concentration Risk [Line Items]
Number of customers, agents, and distributors	100
Geographic Concentration Risk [Member] | Sales Revenue, Segment [Member]
Concentration Risk [Line Items]
Percentage of revenues	72.00%

SEGMENT_INFORMATION_Schedule_o

SEGMENT INFORMATION (Schedule of Net Sales and Service Fees by Product Category) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014		Oct. 31, 2013		Oct. 31, 2012
Revenue from External Customer [Line Items]
Revenues	$222,303		$192,804		$203,117
Computerized Machine Tools [Member]
Revenue from External Customer [Line Items]
Revenues	193,937	[1]	166,896	[1]	179,337	[1]
Computer Control Systems and Software [Member]
Revenue from External Customer [Line Items]
Revenues	3,407	[2]	3,066	[2]	2,947	[2]
Service Parts [Member]
Revenue from External Customer [Line Items]
Revenues	17,391		16,474		15,299
Service Fees [Member]
Revenue from External Customer [Line Items]
Revenues	$7,568		$6,368		$5,534
[1]	Amounts shown include sales of LCM electro-mechanical components to third parties since the date of acquisition on July 1, 2013.
[2]	Amounts shown do not include computer control systems and software sold as an integrated component of computerized machine systems.

SEGMENT_INFORMATION_Schedule_o1

SEGMENT INFORMATION (Schedule of Revenues by Geographic Area) (Details) (USD $)	12 Months Ended
In Thousands, unless otherwise specified	Oct. 31, 2014	Oct. 31, 2013	Oct. 31, 2012
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$222,303	$192,804	$203,117
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	62,247	60,660	60,500
Total Foreign [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	160,056	132,144	142,617
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	132,294	113,334	118,046
Germany [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	51,581	43,597	49,979
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	32,557	27,343	28,914
Italy [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	13,456	8,738	6,038
France [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	9,972	10,918	9,970
Other Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	24,728	22,738	23,145
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	23,766	17,401	23,216
Other Foreign [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenues	$3,996	$1,409	$1,355

SEGMENT_INFORMATION_Schedule_o2

SEGMENT INFORMATION (Schedule of Long-Lived Tangible Assets, Net by Geographic Area) (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Long-lived assets	$12,832	$13,586
United States [Member]
Long-lived assets	6,815	6,523
Foreign Countries [Member]
Long-lived assets	$6,017	$7,063

SEGMENT_INFORMATION_Schedule_o3

SEGMENT INFORMATION (Schedule of Net Assets by Geographic Area) (Details) (USD $)	Oct. 31, 2014	Oct. 31, 2013
In Thousands, unless otherwise specified
Revenues from External Customers and Long-Lived Assets [Line Items]
Net assets	$164,645	$151,491
North America [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net assets	79,121	69,450
Europe [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net assets	61,186	59,498
Asia [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Net assets	$24,338	$22,543