AEP Industries 10-K 17 Jan 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Oct. 31, 2016	Jan. 11, 2017	Apr. 29, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Oct. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	AEPI
Entity Registrant Name	AEP INDUSTRIES INC
Entity Central Index Key	785,787
Current Fiscal Year End Date	--10-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		5,113,801
Entity Public Float			$ 246,181,775

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
CURRENT ASSETS:
Cash and cash equivalents	$ 3,676	$ 20,167
Accounts receivable, less allowance for doubtful accounts of $5,702 and $5,432 in 2016 and 2015, respectively	99,510	104,930
Inventories, net	92,685	101,264
Deferred income taxes	3,721	3,606
Other current assets	2,268	2,678
Total current assets	201,860	232,645
PROPERTY, PLANT AND EQUIPMENT, at cost, less accumulated depreciation and amortization	179,666	193,993
Goodwill	6,871	6,871
INTANGIBLE ASSETS, net of accumulated amortization of $3,455 and $2,931 in 2016 and 2015, respectively	2,957	3,481
OTHER ASSETS	1,277	1,104
Total assets	392,631	438,094
CURRENT LIABILITIES:
Bank borrowings, including current portion of long-term debt	2,400	2,475
Accounts payable	62,888	68,734
Accrued expenses	49,588	40,395
Total current liabilities	114,876	111,604
Long-term debt	133,125	208,840
DEFERRED INCOME TAXES	23,434	21,750
OTHER LONG-TERM LIABILITIES	7,904	6,252
Total liabilities	279,339	348,446
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS' EQUITY:
Preferred stock
Common stock, $0.01 par value; 30,000,000 shares authorized; 11,248,896 and 11,237,749 shares issued in 2016 and 2015, respectively	112	112
Additional paid-in capital	115,482	114,963
Treasury stock at cost, 6,135,095 shares	(189,810)	(189,810)
Retained earnings	189,085	165,395
Accumulated other comprehensive loss	(1,577)	(1,012)
Total shareholders' equity	113,292	89,648
Total liabilities and shareholders' equity	392,631	438,094
Series A Junior Participating Preferred Stock [Member]
SHAREHOLDERS' EQUITY:
Preferred stock

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Accounts receivable, allowance for doubtful accounts	$ 5,702	$ 5,432
INTANGIBLE ASSETS, accumulated amortization	$ 3,455	$ 2,931
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	970,000	970,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	30,000,000	30,000,000
Common stock, shares issued	11,248,896	11,237,749
Treasury stock, shares	6,135,095	6,135,095
Series A Junior Participating Preferred Stock [Member]
Preferred stock, par value	$ 1	$ 1
Preferred stock, shares authorized	30,000	30,000
Preferred stock, shares issued	0	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Statement [Abstract]
NET SALES	$ 1,095,830	$ 1,141,391	$ 1,192,990
COST OF SALES	905,487	959,729	1,071,085
Gross profit	190,343	181,662	121,905
OPERATING EXPENSES:
Delivery	47,690	49,879	51,589
Selling	38,516	37,788	36,550
General and administrative	37,620	32,592	25,772
Total operating expenses	123,826	120,259	113,911
OTHER OPERATING (EXPENSE) INCOME:
Business interruption insurance recovery			2,050
(Loss) gain on sales of property, plant and equipment, net	(10)	1,315	(183)
Operating income	66,507	62,718	9,861
OTHER (EXPENSE) INCOME:
Interest expense	(19,882)	(18,790)	(19,571)
Other, net	(103)	317	270
Income (loss) before (provision) benefit for income taxes	46,522	44,245	(9,440)
(PROVISION) BENEFIT FOR INCOME TAXES	(17,720)	(15,408)	3,934
Net income (loss)	$ 28,802	$ 28,837	$ (5,506)
BASIC EARNINGS (LOSS) PER COMMON SHARE:
Net income (loss) per common share	$ 5.64	$ 5.66	$ (1.03)
DILUTED EARNINGS (LOSS) PER COMMON SHARE:
Net income (loss) per common share	5.60	$ 5.64	$ (1.03)
CASH DIVIDEND DECLARED PER COMMON SHARE	$ 1

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 28,802	$ 28,837	$ (5,506)
Other comprehensive (loss) income, net of tax:
Foreign currency translation adjustments	(214)	(1,162)	(738)
Defined benefit pension plans:
Net actuarial losses arising during the period	(648)	(38)	(307)
Amortization of prior service cost and net actuarial loss included in net periodic pension cost	137	152	175
Impact of currency translation	35	234	175
Total pre-tax amounts	(476)	348	43
Benefit (provision) for taxes	125	(57)	18
Net change in accumulated other comprehensive (loss) income-pension plans	(351)	291	61
Total other comprehensive loss	(565)	(871)	(677)
Comprehensive income (loss)	$ 28,237	$ 27,966	$ (6,183)

Consolidated Statements of Shar

Consolidated Statements of Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Treasury Stock [Member]	Additional Paid-in-Capital [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Retained Earnings [Member]
Balance at Oct. 31, 2013		$ 112	$ (169,826)	$ 112,527	$ 536	$ 142,064
Balance, shares at Oct. 31, 2013		11,207,000
Balance, treasury shares at Oct. 31, 2013			5,606,000
Issuance of common stock upon settlement of performance units				57
Issuance of common stock upon settlement of performance units, Shares		1,000
Issuance of restricted stock				275
Issuance of restricted stock, shares		8,000
Unearned compensation on restricted stock				23
Share-based compensation				96
Repurchases of common stock, value			$ (19,984)
Repurchases of common stock, shares			529,000
Net (loss) income	$ (5,506)					(5,506)
Translation adjustments	(738)				(738)
Actuarial gains (losses) arising during the period, net of tax and impact of currency translation					(69)
Amortization of prior service cost and actuarial losses, net of tax and impact of currency translation					130
Balance at Oct. 31, 2014		$ 112	$ (189,810)	112,978	(141)	136,558
Balance, shares at Oct. 31, 2014		11,216,000
Balance, treasury shares at Oct. 31, 2014			6,135,000
Balance at Oct. 31, 2014		$ 112	$ (189,810)	112,978	(141)	136,558
Balance, shares at Oct. 31, 2014		11,216,000
Balance, treasury shares at Oct. 31, 2014			6,135,000
Issuance of common stock upon exercise of stock options				467
Issuance of common stock upon exercise of stock options, shares		16,000
Issuance of common stock upon settlement of performance units				42
Issuance of common stock upon settlement of performance units, Shares		1,000
Issuance of restricted stock				275
Issuance of restricted stock, shares		5,000
Share-based compensation				65
Excess tax benefit from stock option exercise				1,136
Net (loss) income	28,837					28,837
Translation adjustments	(1,162)				(1,162)
Actuarial gains (losses) arising during the period, net of tax and impact of currency translation					179
Amortization of prior service cost and actuarial losses, net of tax and impact of currency translation					112
Balance at Oct. 31, 2015	$ 89,648	$ 112	$ (189,810)	114,963	(1,012)	165,395
Balance, shares at Oct. 31, 2015		11,238,000
Balance, treasury shares at Oct. 31, 2015	6,135,095		6,135,000
Balance at Oct. 31, 2015	$ 89,648	$ 112	$ (189,810)	114,963	(1,012)	165,395
Balance, shares at Oct. 31, 2015		11,238,000
Balance, treasury shares at Oct. 31, 2015	6,135,095		6,135,000
Issuance of common stock upon exercise of stock options				135
Issuance of common stock upon exercise of stock options, shares		6,000
Issuance of common stock upon settlement of performance units				68
Issuance of common stock upon settlement of performance units, Shares		1,000
Issuance of restricted stock				275
Issuance of restricted stock, shares		4,000
Share-based compensation				41
Net (loss) income	$ 28,802					28,802
Dividends declared						(5,112)
Translation adjustments	(214)				(214)
Actuarial gains (losses) arising during the period, net of tax and impact of currency translation					(450)
Amortization of prior service cost and actuarial losses, net of tax and impact of currency translation					99
Balance at Oct. 31, 2016	$ 113,292	$ 112	$ (189,810)	115,482	(1,577)	189,085
Balance, shares at Oct. 31, 2016		11,249,000
Balance, treasury shares at Oct. 31, 2016	6,135,095		6,135,000
Balance at Oct. 31, 2016	$ 113,292	$ 112	$ (189,810)	$ 115,482	$ (1,577)	$ 189,085
Balance, shares at Oct. 31, 2016		11,249,000
Balance, treasury shares at Oct. 31, 2016	6,135,095		6,135,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 28,802	$ 28,837	$ (5,506)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	29,476	31,567	31,507
Change in LIFO reserve	3,835	(26,615)	3,647
Amortization of debt fees	899	953	953
Write-off of senior note fees due to partial redemption of 8.25% senior notes due 2019	582
Write-off of credit facility fees due to amendment of the credit facility	110
Provision for losses on accounts receivable, notes receivable and inventories	450	2,842	2,123
Provision (benefit) for deferred income taxes	1,859	5,570	(4,788)
Share-based compensation expense	8,817	8,403	1,073
Premium on partial redemption of 8.25% senior notes due 2019	1,547
Excess tax benefit from stock option exercises		(1,136)
Impairment on property, plant and equipment	817	1,588	299
Loss (gain) on sales of property, plant and equipment, net	10	(1,315)	183
Other	450	39	(52)
Changes in operating assets and liabilities:
Decrease (increase) in accounts receivable	4,859	10,440	(9,436)
Decrease in inventories	4,629	11,341	6,783
Decrease (increase) in other current assets	434	1,310	(976)
(Increase) decrease in other assets	(393)	(7)	330
(Decrease) increase in accounts payable	(5,435)	(13,603)	1,524
Increase (decrease) in accrued expenses	2,726	10,429	(3,867)
Decrease in other long-term liabilities	(100)	(160)	(148)
Net cash provided by operating activities	84,374	70,483	23,649
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures	(15,915)	(12,186)	(26,543)
Net proceeds from dispositions of property, plant and equipment	2	3,690	153
Net cash used in investing activities	(15,913)	(8,496)	(26,390)
CASH FLOWS FROM FINANCING ACTIVITIES:
Partial redemption of 8.25% senior notes due 2019	(76,547)
Net borrowings (repayments) of credit facility	1,300	(40,510)	14,910
Repurchases of common stock			(19,984)
Proceeds from capital lease obligations			658
Principal payments on mortgage loan note	(131)	(127)	(122)
Repayments of Pennsylvania industrial loans	(879)	(87)	(90)
Principal payments on capital lease obligations	(2,253)	(2,365)	(2,970)
Fees paid and capitalized related to amended credit facility	(528)
Proceeds from exercise of stock options	135	467
Dividends paid	(3,834)
Excess tax benefit from stock option exercises		1,136
Payments of withholding taxes on performance units	(2,036)	(733)	(1,237)
Net cash used in financing activities	(84,773)	(42,219)	(8,835)
EFFECTS OF EXCHANGE RATE CHANGES ON CASH	(179)	(468)	(876)
Net (decrease) increase in cash	(16,491)	19,300	(12,452)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	20,167	867	13,319
CASH AND CASH EQUIVALENTS AT END OF YEAR	3,676	20,167	867
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash dividend declared and unpaid	$ 1,278
Equipment financed through capital lease obligation		$ 184	$ 1,679

Consolidated Statements of Cas8

Consolidated Statements of Cash Flows (Parenthetical)	Oct. 31, 2016
Statement of Cash Flows [Abstract]
Debt instrument percentage	8.25%

Business

Business	12 Months Ended
	Oct. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Business	(1) Business AEP Industries Inc. (the “Company”) is a manufacturer of flexible plastic packaging films in North America. The Company manufactures and markets a wide range of polyethylene and polyvinyl chloride flexible packaging products, with consumer, industrial and agricultural applications. The flexible plastic packaging films are primarily used in the packaging, transportation, beverage, food, automotive, pharmaceutical, chemical, electronics, construction, agriculture, carpeting, furniture and textile industries.

Significant Accounting Policies

Significant Accounting Policies	12 Months Ended
	Oct. 31, 2016
Accounting Policies [Abstract]
Significant Accounting Policies	(2) Significant Accounting Policies Fiscal Year: The Company’s fiscal year-end Principles of Consolidation: The consolidated financial statements include the accounts of all subsidiaries. All significant intercompany transactions have been eliminated in consolidation. Revenue Recognition: The Company recognizes revenue when products are shipped and the customer takes ownership and assumes risk of loss, which is primarily on the date of shipment, collection of the relevant receivable is probable, persuasive evidence of an arrangement exists and the sales price is fixed and determinable. Concurrently, the Company records reductions to revenue for estimated returns and customer rebates, customer deductions, promotions or other incentive programs that are estimated using historical experience and current economic trends. Material differences may result in the amount and timing of net sales for any period if management makes different judgments or uses different estimates. Cost of Sales: The most significant components of cost of sales are materials, including packaging, fixed manufacturing costs, labor (including share-based compensation and incentive-based compensation), depreciation, inbound freight charges, utility costs used in the manufacturing process, any inventory adjustments, including LIFO adjustments, purchasing and receiving costs, research and development costs, quality control costs, and warehousing costs. Delivery: Delivery costs represent all costs incurred by the Company for shipping and handling of its products to the customer, including transportation costs paid to third party shippers. Selling, General & Administrative: Selling and general and administrative expenses consist primarily of personnel costs (including salaries, bonuses, commissions, share-based compensation and employee benefits), facilities and equipment costs and other support costs including utilities, insurance and professional fees. Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with an initial maturity of three months or less to be cash equivalents. Accounts Receivable: Trade accounts receivable are recorded at the invoice amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on historical write-off off-balance-sheet Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. The Company adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in estimates are recorded in results of operations in the period that the event or circumstances giving rise to such changes occur. The Company’s significant estimates include those related to revenue recognition, customer rebates and incentives, and allowance for doubtful accounts. Property, Plant and Equipment: Property, plant and equipment are stated at cost and at fair value for acquisitions. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The cost of property, plant and equipment and the related accumulated depreciation and amortization are removed from the accounts upon the retirement or disposal of such assets and the resulting gain or loss is recognized at the time of disposition. Maintenance and repairs that do not improve efficiency or extend economic life are charged to expense as incurred. Leases: The Company operates certain warehousing facilities, an office building and machinery and equipment under operating leases with terms greater than one year and with minimum lease payments associated with these agreements. Rent expense is recognized on a straight-line basis over the expected lease term. Within the provisions of certain leases are predetermined fixed escalations of the minimum rental payments over the base lease term (none of the leases contain lease concessions, including capital improvement funding, or contingent rental clauses). The effects of the escalations have been reflected in rent expense on a straight-line basis over the lease term, and the difference between the recognized rental expense and the amounts payable under the lease is recorded as deferred lease payments. The amortization period for leasehold improvements is the term used in calculating straight-line rent expense or their estimated economic life, whichever is shorter. Impairment Charges: Property, plant and equipment, and purchased intangibles subject to amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Fair value is determined based on discounted cash flows, recent buy offers or appraised values, depending on the nature of the asset. Assets to be disposed of are separately presented in the consolidated balance sheets and reported at the lower of the carrying amount or the fair value less costs to sell, and are no longer depreciated. The asset and liabilities of a disposed group, classified as held for sale, are presented separately in the appropriate asset and liability sections of the consolidated balance sheets. Foreign Currency Translation: Financial statements of international subsidiaries are translated into U.S. dollars using the exchange rate at each balance sheet date for assets and liabilities and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Translation adjustments are recorded as a separate component of accumulated other comprehensive (loss) income in the consolidated balance sheets and a component in arriving at comprehensive income (loss). Foreign currency transaction gains and losses are recorded in other income (expense) in the consolidated statements of operations. Derivative Instruments: The Company enters into derivative financial instruments to manage exposures arising in the normal course of business. The Company enters into foreign exchange forward contracts primarily to hedge intercompany transactions and forecasted purchases. Foreign currency forward contracts reduce the Company’s exposure to the risk that the eventual cash inflows and outflows, resulting from these intercompany and third party trade transactions denominated in a currency other than the functional currency, will be adversely affected by changes in exchange rates. Foreign exchange forward contracts generally have maturities of less than six months and relate primarily to the Canadian dollar. The Company also enters into interest rate swap contracts to economically convert a variable-rate debt to a fixed-rate debt. The Company does not apply hedge accounting for foreign exchange forward contracts and interest rate swaps and as a result, these hedging instruments are adjusted to fair value through income and expense. The fair value and notional value of these contracts were immaterial at October 31, 2016 and 2015. Fair Value Measurements: In determining the fair value of financial instruments, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and considers counterparty credit risk in its assessment of fair value. The Company determines the fair value of its financial instruments based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. Level 3 Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability at the measurement date. The carrying amount reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable approximates fair value because of the short-term nature of these assets and liabilities. The Company did not have any non—financial assets and liabilities that were carried at fair value on a recurring basis in the consolidated financial statements or for which a fair value measurement was required at October 31, 2016. See Notes 8 and 9 for discussion of the fair value of the Company’s debt and the assets held in the Company’s two defined benefit pension plans, respectively. Research and Development Costs: Research and development costs are charged to expense as incurred and included in cost of sales in the consolidated statements of operations. Research and development costs were $2.0 million during each of fiscal 2016, 2015 and 2014. Share-Based Compensation: Compensation expense for our shared-based compensation plans is based on the fair value of the awards granted and is recognized in income on a straight-line basis over the requisite service period of each award. Due to the cash settlement feature of the performance units granted under the Company’s share-based plan to directors and key employees of the Company, the performance units are liability classified and are recognized at fair value, depending on the percentage of requisite service rendered at the reporting date, and are remeasured at each balance sheet date to the market value of the Company’s common stock at the reporting date. As the Units contain both a performance and service condition, the Units have been treated as a series of separate awards or tranches for purposes of recognizing compensation expense. The Company recognizes compensation expense on a tranche-by-tranche Income Taxes: Income taxes are accounted for using the asset and liability method. Such approach results in the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the book carrying amounts and the tax basis of assets and liabilities. Valuation allowances are established where expected future taxable income, the reversal of deferred tax liabilities and development of tax strategies does not support the realization of the deferred tax assets. The Company recognizes in its consolidated financial statements the impact of a tax position if that position is more likely than not of being sustained based on the technical merits of the position. There is a two-step The Company and its subsidiaries file separate foreign, state and local income tax returns and, accordingly, provide for such income taxes on a separate company basis. Goodwill: Goodwill represents the excess of the purchase price over the fair value of net assets acquired in purchase business combinations. The Company has determined that it consists of a single reporting unit for the purpose of the goodwill impairment test. The Company performs its annual impairment analysis on September 30 based on a comparison of the Company’s market capitalization to its book value at that date. On September 30, 2016 and 2015, the Company concluded that there was no impairment because the Company’s market capitalization was above book value. On October 31, 2016 and 2015, the Company’s market capitalization was above book value. The Company’s policy is that impairment of goodwill will have occurred if the market capitalization of the Company were to remain below book value for a reasonable period of time. The Company would consider a control premium in its analysis. Concentration of Risk: The Company sells its products to a large number of geographically diverse customers in a number of different industries, thus spreading the trade credit risk. The Company extends credit based on an evaluation of the customer’s financial condition, generally without requiring collateral. The Company performs ongoing credit evaluations of its customers’ financial condition and maintains appropriate allowances for anticipated losses. No single customer accounted for more than 10% of net sales during any of the years in the three year period ended October 31, 2016. No single customer accounted for more than 10% of the Company’s account receivable balance at October 31, 2016 or 2015. The Company purchases its resin from three principal suppliers that provided the Company with approximately 28%, 22% and 13%, respectively, of the Company’s fiscal 2016 resin supply, approximately 27%, 22% and 16%, respectively, of the Company’s fiscal 2015 resin supply and approximately 28%, 22% and 17%, respectively, of the Company’s fiscal 2014 resin supply. Earnings Per Common Share (EPS): Basic earnings (loss) per common share (“EPS”) is calculated by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS is calculated by dividing net income (loss) by the weighted average number of common shares outstanding, adjusted to reflect potentially dilutive securities (options) using the treasury stock method, except when the effect would be anti-dilutive. The number of shares used in calculating basic and diluted earnings (loss) per share is as follows: For the Years Ended 2016 2015 2014 Weighted average common shares outstanding: Basic 5,110,049 5,093,878 5,323,131 Effect of dilutive securities: Options to purchase shares of common stock 29,794 22,201 — Diluted 5,139,843 5,116,079 5,323,131 For the years ended October 31, 2016, 2015 and 2014 the Company had zero, zero and 10,000 stock options outstanding, respectively, that could potentially dilute earnings per share in future periods but were excluded from the computation of diluted EPS because their exercise price was higher than the Company’s average stock price during the respective periods. For the year ended October 31, 2014, the Company had 16,168 stock options outstanding that could potentially dilute earnings per share in future periods that were excluded from the computation of diluted EPS because their effect would have been anti-dilutive given the net loss during the period. The Company includes any non-vested Dividends: In fiscal year 2016 the Company’s Board of Directors declared the following dividends: Dividend Per Share of Total Amount (in thousands) Declaration Date Record Date Payment Date $0.25 $1,278 October 19, 2016 November 1, 2016 November 16, 2016 $0.25 $1,278 July 20, 2016 August 1, 2016 August 16, 2016 $0.25 $1,278 April 20, 2016 May 2, 2016 May 17, 2016 $0.25 $1,278 January 13, 2016 February 1, 2016 February 16, 2016 The dividend payable on November 16, 2016 of $1.3 million is recorded in accrued expenses at October 31, 2016. Comprehensive Income (Loss): Comprehensive income (loss) consists of net income (loss) and other gains and losses that are not included in net income (loss), but are recorded directly in the consolidated statements of shareholders’ equity, such as the unrealized gains and losses on the translation of the assets and liabilities of the Company’s foreign operations and gains or losses and prior service costs associated with pension benefits, net of tax, that have not been recognized as components of net periodic benefit cost, and changes in deferred prior service costs and net actuarial losses, net of tax. Reclassifications: Certain prior year amounts as it relates to the adoption of ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30): In April 2015, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2015-03. 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit No. 2015-03 line-of-credit period-end. New Accounting Pronouncements In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, Statement of Cash Flows No. 2016-15. Due to the anticipated timing of the consummation of the integrated merger with Berry Plastics Group, Inc. (see Note 3), the evaluation of the effects on the consolidated financial statements and the timing of adoption of the following standards will be determined by Berry Plastics Group, Inc. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases 2016-02 In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes non-current In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, one-year 2014-09,

Business Combination

Business Combination	12 Months Ended
	Oct. 31, 2016
Business Combinations [Abstract]
Business Combination	(3) Business Combination On August 24, 2016, the Company entered into an Agreement and Plan of Merger with Berry Plastics Group, Inc. (“Berry”) and certain of its subsidiaries, which was amended on December 7, 2016 (as so amended, the “Merger Agreement”). The Merger Agreement provides that, upon the terms and subject to the conditions and merger steps set forth therein (the “Integrated Mergers”), the Company will merge with and into a Berry subsidiary, with the Berry subsidiary as the surviving corporation. Subject to the terms and conditions set forth in the Merger Agreement, each share of common stock of the Company will be converted into the right to receive, at the stockholder’s election, $110 in cash (the “Cash Consideration”) or 2.5011 shares (the “Exchange Ratio”) of Berry’s common stock (the “Stock Consideration” and, together with the Cash Consideration, the “Merger Consideration”). The Merger Consideration in the Integrated Mergers will be prorated as necessary to ensure that 50% of the total outstanding shares of the Company (excluding treasury stock) will be exchanged for cash and 50% of such shares will be exchanged for Berry’s common stock. However, in the event that Berry has had a material adverse effect (as defined in the Merger Agreement) since the date of the Merger Agreement or if the written tax opinion required to be delivered to the Company in connection with the Integrated Mergers cannot be delivered, Berry may elect, in its sole discretion, to pay $110.00 in cash for each share of the Company’s common stock, subject to certain conditions (the “Alternative Funding Election”). The Integrated Mergers are expected to close shortly after the special meeting of the Company’s stockholders scheduled for January 18, 2017, although consummation of the Integrated Mergers is subject to customary conditions set forth in the Merger Agreement, including the approval by the holders of at least a majority of the outstanding shares of the Company’s common stock entitled to vote thereon. The Merger Agreement contains certain termination rights for the Company and Berry. If the Merger Agreement is terminated under certain circumstances, the Company may be required to pay a termination fee of $20 million and reimburse expenses of Berry and its affiliates up to $5 million. If the Merger Agreement is terminated by the Company, Berry may be required to pay the expenses of the Company and its affiliates up to $5 million. Under the Merger Agreement, the Company is subject to certain restrictions on the conduct of its business and generally must operate the business in the ordinary course in all material respects prior to completing the Integrated Mergers unless the Company obtains the consent of Berry. The Company incurred $4.1 million of transaction costs through October 31, 2016 associated with the proposed Integrated Mergers which are included in general and administrative expenses in the consolidated statement of operations for fiscal 2016. In connection with the Integrated Mergers, the Company must pay Merrill Lynch, Pierce, Fenner & Smith Incorporated, its financial advisor, a fee of approximately $11.5 million, $1.0 million of which was paid upon execution of the merger agreement in connection with the delivery of its opinion with the remainder payable upon the successful completion of the Integrated Mergers.

Inventories

Inventories	12 Months Ended
	Oct. 31, 2016
Inventory Disclosure [Abstract]
Inventories	(4) Inventories Inventories, stated at the lower of cost (last-in, first-out first-in, first-out Inventories are comprised of the following: October 31, October 31, (in thousands) Raw materials $ 42,375 $ 47,593 Finished goods 67,466 66,484 Supplies 4,772 5,280 114,613 119,357 Less: LIFO reserve (21,928 ) (18,093 ) Inventories, net $ 92,685 $ 101,264 The LIFO method was used for determining the cost of approximately 89% at October 31, 2016 and 2015. During fiscal 2016, 2015 and 2014, the Company had decrements in certain of its LIFO pools, which increased or (reduced) cost of sales by $1.5 million, $0.1 million and $(2.4) million, respectively. Because of the Company’s continuous manufacturing process, there is no significant work in process at any point in time.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Oct. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	(5) Property, Plant and Equipment A summary of the components of property, plant and equipment and their estimated useful lives is as follows: October 31, 2016 2015 Estimated Useful Lives (in thousands) Land $ 11,743 $ 11,777 Buildings 100,939 100,263 15 to 31.5 years Machinery and equipment 471,078 459,247 5 to 9 years Furniture and fixtures 26,062 25,725 3 to 9 years Leasehold improvements 290 290 Lesser of lease term or useful Motor vehicles 383 383 3 years Construction in progress 3,809 2,566 614,304 600,251 Less: Accumulated depreciation and amortization 434,638 406,258 Property, plant and equipment, net $ 179,666 $ 193,993 Maintenance and repairs expense was $16.3 million, $15.3 million, and $15.2 million for the years ended October 31, 2016, 2015 and 2014, respectively. Asset impairment charges were $0.8 million, $1.6 million and $0.3 million for the years ended October 31, 2016, 2015 and 2014, respectively. Included in the charge for fiscal 2016 and 2015 is $0.7 million and $1.2 million, respectively, related to the poor performance of a new machine.

Intangible Assets

Intangible Assets	12 Months Ended
	Oct. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Intangible Assets	(6) Intangible Assets Changes in the carrying amount of intangible assets during the years ended October 31, 2016, 2015 and 2014 are as follows: Trade names Leasehold Customer Total (in thousands) Balance at October 31, 2013 $ 687 $ (11 ) $ 3,842 $ 4,518 Amortization (137 ) 6 (387 ) (518 ) Balance at October 31, 2014 550 (5 ) 3,455 4,000 Amortization (137 ) 5 (387 ) (519 ) Balance at October 31, 2015 413 — 3,068 3,481 Amortization (137 ) — (387 ) (524 ) Balance at October 31, 2016 $ 276 $ — $ 2,681 $ 2,957 Weighted average amortization periods over a straight-line basis are as follows: In Years Trade names 9 Customer relationships 12 Leasehold Interest 7 The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending October 31, (in thousands) 2017 $ 479 2018 479 2019 397 2020 397 2021 397 Thereafter 808 Total estimated future amortization expense $ 2,957

Accrued Expenses

Accrued Expenses	12 Months Ended
	Oct. 31, 2016
Other Liabilities Disclosure [Abstract]
Accrued Expenses	(7) Accrued Expenses At October 31, 2016 and 2015, accrued expenses consist of the following: October 31, 2016 2015 (in thousands) Payroll and employee related $ 16,021 $ 12,799 Customer rebates 10,141 8,952 Interest 461 688 Accrued income taxes 3,090 3,326 Accrual for performance units 6,947 5,451 Other(A) 12,928 9,179 Accrued expenses $ 49,588 $ 40,395 (A) No individual item exceeded 5% of current liabilities.

Debt

Debt	12 Months Ended
	Oct. 31, 2016
Debt Disclosure [Abstract]
Debt	(8) Debt A summary of the components of debt is as follows: October 31, October 31, (in thousands) Credit facility(a) $ 1,300 $ — 8.25% senior notes due 2019 (net of debt issuance costs of $938 and $2,111 at October 31, 2016 and 2015, respectively)(b) 124,062 197,889 Pennsylvania industrial loan(c) — 879 Mortgage loan note(d) 2,843 2,974 Capital leases(e) 7,320 9,573 Foreign bank borrowings(f) — — Total debt 135,525 211,315 Less: current portion 2,400 2,475 Long-term debt $ 133,125 $ 208,840 (a) Credit facility The Company is party to the Second Amended and Restated Loan and Security Agreement (the “base credit facility”), dated February 22, 2012, with Wells Fargo Bank National Association (“Wells Fargo”), successor to Wachovia Bank N.A., as a lender thereunder and as agent for the secured parties thereunder. On January 29, 2016, the Company entered into Amendment No. 2 to Second Amended and Restated Loan and Security Agreement with Wells Fargo, as agent and lender, and the other financial institution party thereto, as lender (“Amendment No. 2”), which amended the base credit facility. On September 13, 2016, the Company entered into Amendment No. 3 to Second Amended and Restated Loan and Security Agreement with Wells Fargo, as agent and lender, and the other financial institution party thereto, as lender (“Amendment No. 3”), which further amended the base credit facility. As used herein “credit facility” refers to the base credit facility or as amended by Amendment No. 2 or Amendment No. 3 as the context requires. The maximum borrowing amount remains the same at $150.0 million with a maximum for letters of credit of $20.0 million. The maturity date of the credit facility was extended from February 21, 2017 to February 1, 2019. Amendment No. 2 permits the Company’s sale to receivables purchasers of certain accounts (and all proceeds, supporting obligations and ancillary rights with respect to such accounts) arising from the sales of goods and services, excludes such assets from the borrowing base and permits the release of the lenders’ liens over such assets (but not the proceeds therefrom) at the time such assets are sold; provided, among other specified conditions, that the aggregate amount of receivables sold in any month will not exceed 10% of the gross amount of eligible accounts. Under Amendment No. 3, the agent and lenders consented to the redemption (the “Redemption”) of up to $75 million aggregate principal amount of the 8.25% senior notes due 2019, together with accrued and unpaid interest and any premium thereon, and agreed to certain amendments to the credit facility to adjust certain permitted transaction baskets in connection with the Redemption. The other terms and conditions of the credit facility, including the terms under which the amounts due thereunder may be accelerated or increased, were not materially amended by Amendment No. 2 or Amendment No. 3 and remain in full force and effect. The Company utilizes the credit facility to provide funding for operations and other corporate purposes through daily bank borrowings and/or cash repayments to ensure sufficient operating liquidity and efficient cash management. The Company had weighted average borrowings under the credit facility of $0.9 million and $25.3 million, with a weighted average interest rate of 3.5% and 2.8% during fiscal 2016 and 2015, respectively. Under the credit facility, interest rates are based upon the Quarterly Average Excess Availability (as defined in the credit facility) at a margin of the prime rate (defined as the greater of Wells Fargo’s prime rate and the Federal Funds rate plus 0.5%) plus 0% to 0.25%, which remains unchanged, or LIBOR plus 1.50% to 2.00%, revised from 1.75% to 2.50% prior to Amendment No. 2. The Company is obligated to pay a monthly undrawn commitment fee equal to a percentage of the average daily unused portion of the commitments under the credit facility. Amendment No. 2 revised such fee from 0.375% per annum to (i) 0.375% per annum, if the sum of the average daily balance of loans and letters of credit accommodations in the month are less than 50% of the maximum credit, or (ii) 0.250% per annum, if the sum of the average daily balance of loans and letters of credit accommodations in the month are 50% or more of the maximum credit. Borrowings and letters of credit available under the credit facility are limited to a borrowing base based upon specific advance percentage rates on eligible accounts receivable and inventory, subject, in the case of inventory, to amount limitations. The sum of the eligible assets at October 31, 2016 and October 31, 2015 supported a borrowing base of $146.9 million $150.0 million, respectively. Availability was reduced by the aggregate amount of letters of credit outstanding totaling $4.1 million and $2.9 million at October 31, 2016 and October 31, 2015, respectively. Borrowings outstanding under the credit facility were $1.3 million and zero at October 31, 2016 and 2015, respectively. Availability at October 31, 2016 and October 31, 2015 under the credit facility was $141.5 million and $147.1 million, respectively; however, certain provisions of the Merger Agreement currently restrict the Company from incurring more than $65 million in total in the ordinary course under the credit facility and the Canadian credit facility without the consent of Berry. The credit facility is secured by liens on most of the Company’s domestic assets (other than real property and equipment) and on 66% of the Company’s ownership interest in certain foreign subsidiaries. The credit facility provides for events of default. If an event of default occurs and is continuing, amounts due under the credit facility may be accelerated and the commitments to extend credit thereunder terminated, and the rights and remedies of the lenders may be exercised including rights with respect to the collateral securing the obligations under the credit facility. The credit facility also contains covenants, including, but not limited to, limitations on the incurrence of debt and liens, the disposition and acquisition of assets, and the making of investments and restricted payments, including the payment of cash dividends. The credit facility has a fixed charge coverage ratio test of 1.0x, which test is triggered when Excess Availability is below $22.5 million for the immediately preceding fiscal quarter. In addition, if Excess Availability under the credit facility is less than $25.0 million, a springing cash dominion is activated and all remittances received from customers in the United States will automatically be applied to repay the balance outstanding. The automatic repayments through the springing cash dominion remain in place until Excess Availability exceeds $25.0 million, and no other event of default has occurred and is continuing, in each case for 30 consecutive days. Excess Availability under the credit facility ranged from $124.0 million to $145.9 million during fiscal 2016 and from $86.2 million to $147.1 million during fiscal 2015. During fiscal year 2016, the Company incurred and capitalized $0.5 million of fees related to Amendment No. 2. These fees, along with the unamortized fees of $0.3 million paid to the lenders that were party to the base credit facility, are being amortized on a straight line basis over 36 months, the revised term of the credit facility, and are included in other current assets and other assets on the consolidated balance sheets. The Company was in compliance with the financial covenants at October 31, 2016 and October 31, 2015. (b) 8.25% senior notes due 2019 On October 13, 2016, with Board approval, the Company redeemed $75 million of the $200 million aggregate principal amount of the 8.25% senior notes due 2019 (the “2019 notes”). The Company paid a call premium of 2.06% which equated to $1.5 million and is included in interest expense in the consolidated statement of operations for fiscal 2016. At October 31, 2016 the outstanding principal amount of the 2019 notes was $125 million. In connection with the partial redemption of the 2019 Notes, the Company wrote-off The 2019 notes mature on April 15, 2019, and the indenture governing the 2019 notes contains certain customary covenants that, among other things, limit the Company’s ability and the ability of its subsidiaries to incur additional indebtedness, declare or pay dividends, purchase or redeem its capital stock, make investments, sell assets, merge or consolidate, guarantee or pledge any assets or create liens. The 2019 notes do not have any sinking fund requirements. If the Company experiences certain changes in control, it must offer to repurchase all of the 2019 notes at a price equal to 101% of the principal amount, plus accrued and unpaid interest. In addition, if the Company sells certain assets, under certain circumstances, it must offer to repurchase the 2019 notes pro rata up to a maximum amount equal to the proceeds of such sale at 100% of the principal amount, plus accrued and unpaid interest. The 2019 notes are redeemable at the option of the Company, in whole or in part, at certain fixed redemption prices plus accrued and unpaid interest. The 2019 notes are callable on and any time after the following dates at the following redemption prices: April 15, 2016—102.06% April 15, 2017—100.00%. Interest is paid semi-annually on April 15 and October 15 of each year. (c) Pennsylvania industrial loan During fiscal 2016, the Company repaid in full the $0.9 million balance of the amortizing fixed rate 4.75% loan that was due November 1, 2023. This loan was obtained in connection with the Company’s expansion in fiscal 2008 of its Wright Township, Pennsylvania manufacturing facility. (d) Mortgage loan note On July 25, 2012, concurrent with the purchase of the Company’s corporate headquarters building in Montvale, New Jersey, the Company entered into a mortgage loan note (the “mortgage note”) having a principal amount of $3.4 million with TD Bank, N.A. The mortgage note bears interest at a rate equal to one-month In connection with the mortgage note, the Company also entered into a ten-year floating-to-fixed (e) Capital leases From time to time, the Company enters into capital leases for certain of its machinery and equipment. The interest rates on the capital leases range from 3.5% to 4.5%, with a weighted average interest rate of 3.7% . Under the terms of the capital leases, the payments are as follows: For the years ended October 31, Capital (in thousands) 2017 $ 2,495 2018 2,479 2019 2,261 2020 469 2021 64 Thereafter — Total minimum lease payments 7,768 Less: Amounts representing interest 448 Present value of minimum lease payments 7,320 Less: Current portion of obligations under capital leases 2,264 Long-term portion of obligations under capital leases $ 5,056 (f) Foreign bank borrowings In addition to the amounts available under the credit facility, the Company also maintains a secured credit facility at its Canadian subsidiary, used to support operations, which is generally serviced by local cash flows from operations. There was zero outstanding under this arrangement at October 31, 2016 and October 31, 2015. Availability under the Canadian credit facility at October 31, 2016 and October 31, 2015 was $5.0 million in Canadian dollars or US$3.7 million and US$3.8 million, respectively. Principal payments required on all debt outstanding during each of the next five fiscal years are as follows: (in thousands) Debt Capital Total 2017 $ 136 $ 2,264 $ 2,400 2018 141 2,333 2,474 2019 126,446 2,199 128,645 2020 151 460 611 2021 157 64 221 Thereafter 2,112 — 2,112 $ 129,143 $ 7,320 $ 136,463 Cash paid for interest during fiscal 2016, 2015 and 2014 was $18.5 million, $17.9 million and $18.5 million, respectively, including $0.3 million, $0.4 million and $0.5 million paid as part of the capitalized leases during fiscal years 2016, 2015 and 2014, respectively. Fair Value The carrying value and fair value of the Company’s fixed rate debt at October 31, 2016 and October 31, 2015 are as follows: October 31, 2016 October 31, 2015 Carrying Value Fair Value Carrying Value Fair Value (in thousands) 2019 notes $ 125,000 $ 127,812 $ 200,000 $ 206,750 Debt issuance costs (938 ) N/A (2,111 ) N/A Mortgage loan note(a) 2,843 2,843 2,974 2,974 Pennsylvania industrial loans — — 879 879 Capital leases 7,320 7,320 9,573 9,573 Total $ 134,225 $ 137,975 $ 211,315 $ 220,176 (a) The Company entered into an interest rate swap fixing the variable rate loan to a fixed rate loan at an interest rate of 3.52% per year. The fair value of the 2019 notes is based on quoted market rates (Level 1). The Company derives its fair value estimates of the Pennsylvania industrial loan, the mortgage note and the capital leases based on observable inputs (Level 2). Observable market inputs used in the calculation of the fair value of the Pennsylvania industrial loan, the mortgage loan note and the capital leases include evaluating the nature and terms of each instrument, considering prevailing economic and market conditions, and examining the cost of similar debt offered at the balance sheet date. The fair value of the Company’s variable rate debt (credit facility), if any, approximates fair value due to the availability and floating rate for similar instruments.

Pensions and Retirement Savings

Pensions and Retirement Savings Plan	12 Months Ended
	Oct. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Pensions and Retirement Savings Plan	(9) Pensions and Retirement Savings Plan The Company sponsors defined contribution and defined benefit plans in the United States and in its Canadian subsidiary. Total expense for these plans for fiscal 2016, 2015 and 2014 was $4.0 million, $3.6 million and $3.8 million, respectively. 401(k) Savings Plan Employees of the Company in the United States may participate in the AEP Industries Inc. 401(k) Savings Plan (the “Plan”). Effective for the fiscal 2006 plan year and thereafter, the Company no longer contributes its shares to the Plan. Eligible employees may contribute a portion of their compensation as elective deferrals to their Plan account. The Company makes matching contributions on employees’ deferrals at the rate of 100% on an employee’s deferrals up to 3% of the employee’s compensation and 50% on an employees’ deferrals up to the next 2% of the employee’s compensation; provided, however, that matching contributions are not made for collectively-bargained employees at the Company’s Montgomery, Alabama facility. The Company may also make discretionary contributions to the Plan at a uniform, Company-specified percentage of compensation, for eligible participants. In fiscal 2016, 2015 and 2014, the Company contributed $3.3 million, $3.1 million and $3.1 million in cash to the Plan in fulfillment of the 2015, 2014 and 2013 contribution requirement, respectively. At October 31, 2016, there were 109,551 shares of the Company’s common stock held by the Plan, representing approximately 2% of the total number of shares outstanding. Shares of the Company’s common stock credited to each member’s account under the Plan are voted by the trustee under instructions from each individual plan member. Shares, for which no instructions are received, along with any unallocated shares held in the Plan, are not voted. Defined Contribution Plan The Company sponsors a defined contribution plan in Canada. The plan covers full time employees of the Company’s Canadian facility and provides for a base employer contribution of 4.5% of salary plus an additional matching contribution of 50% of employee contributions up to 5% (for a maximum employer contribution of 7% of salary). The Company’s cash contributions related to this plan for each of the fiscal years ending 2016, 2015 and 2014 totaled $0.2 million. Defined Benefit Plans The Company has a defined benefit plan in Canada and a defined benefit plan in the United States. Benefits under these plans are based on specified amounts per year of credited service. The Company funds these plans in accordance with the funding requirements of local law and regulations. Effective March 31, 2014, the Company amended its Alabama Union Employees’ Pension Plan (“Alabama Plan”) to freeze additional participant benefit accruals and close the plan to new participants. Benefits under the Alabama Plan are based on years of service and a plan-specified benefit rate. Additionally, during the fourth quarter of fiscal 2014, the Company terminated employment with certain members of the Alabama Plan and paid each a lump sum payment. Due to the volume of lump sum payments processed during the 2014 fiscal year, the Company incurred a pension curtailment settlement loss. The components of the net periodic pension costs for the Canadian defined benefit plan and the Alabama Plan in fiscal 2016, 2015 and 2014, are as follows: For the Years Ended 2016 2015 2014 (in thousands) Service cost $ 162 $ 170 $ 276 Interest cost 332 343 388 Expected return on assets (380 ) (430 ) (440 ) Curtailment, settlement loss — — 53 Amortization of net actuarial loss 38 46 56 Amortization of prior service cost 99 106 119 Net periodic pension cost $ 251 $ 235 $ 452 The estimated net actuarial loss and prior service cost that will be amortized from accumulated other comprehensive loss into net periodic pension cost in fiscal 2017 are: (in thousands) Amortization of prior service cost $ 99 Amortization of net actuarial loss 85 Total $ 184 A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets for the Canadian defined benefit plan and the Alabama Plan is shown below (based on an October 31 measurement date): October 31, 2016 2015 (in thousands) Change in benefit obligation: Pension benefit obligation at beginning of year $ 7,743 $ 8,708 Service cost 162 170 Interest cost 332 343 Benefit and expense payments (364 ) (554 ) Actuarial losses (gains) 650 (60 ) Foreign currency exchange rate impact (142 ) (864 ) Pension benefit obligation at end of year 8,381 7,743 Change in plan assets: Fair value of plan assets at beginning of year 6,786 7,464 Company contributions 374 430 Benefit and expense payments (364 ) (554 ) Actual return on plan assets 382 332 Foreign currency exchange rate impact (145 ) (886 ) Fair value of plan assets at end of year 7,033 6,786 Funded status—consolidated (1,348 ) (957 ) Funded status—Canada (177 ) 352 Funded status—U.S. (1,171 ) (1,309 ) Amounts recognized in the consolidated balance sheets consist of: Other long-term liabilities (1,348 ) (1,309 ) Other assets — 352 Amounts recognized in accumulated other comprehensive (loss): Prior service cost (334 ) (442 ) Net actuarial loss (1,912 ) (1,328 ) Tax effect 645 520 Net amount recognized, after tax $ (1,601 ) $ (1,250 ) Accumulated benefit obligation $ 8,381 $ 7,743 Investment Policy: It is the objective of the plan sponsor to maintain an adequate level of diversification to balance market risk, to prudently invest to preserve capital and to provide sufficient liquidity while maximizing earnings for near-term payments of benefits accrued under the plans and to pay plan administrative expenses. The assumption used for the expected long-term rate of return on plan assets is based on the long-term expected returns for the investment mix of assets currently in the portfolio. Historical return trends for the various asset classes in the class portfolio are combined with current and anticipated future market conditions to estimate the rate of return for each class. These rates are then adjusted for anticipated future inflation to determine estimated nominal rates of return for each class. The following table presents the weighted average actual asset allocations as of October 31, 2016 and 2015 and the target allocation of pension plan assets for fiscal 2017: October 31, Target Allocation 2016 2015 Equity securities 60 % 61 % 60 % Debt securities 36 % 33 % 37 % Cash 4 % 6 % 3 % Total 100 % 100 % 100 % The weighted-average October 31, 2016 2015 2014 Discount rate 4 % 4 % 4 % Salary progression rate 0 % 0 % 0 % The discount rates used for the defined benefit plans in Canada and for U.S. are based on high quality AA-rated The weighted-average October 31, 2016 2015 2014 Discount rate 4 % 4 % 5 % Salary progression rate 0 % 0 % 0 % Expected long-term rate of return on plan assets 6 % 6 % 6 % The overall expected long-term rate of return on plan assets is a weighted-average expectation based on the targeted portfolio composition. Historical experience and current benchmarks are considered to arrive at expected long-term rates of return in each asset category. The Company expects the following benefit payments to be paid out of the Canada and U.S. plans for the fiscal years indicated. The expected benefit payments are based on the same assumptions used to measure the Company’s benefit obligation at October 31, 2016 and include estimated future employee service. The Company does not expect any plan assets to be returned to it during fiscal 2017. Payments from the pension plan are made from the plan assets. (in thousands) 2017 $ 212 2018 253 2019 297 2020 344 2021 375 2022-2026, in the aggregate 2,454 During fiscal 2017, the Company expects to contribute $0.2 million to its Canada defined benefit plan and $0.1 million to the U.S. defined benefit plan. The fair values by category of the plan assets as of October 31, 2016 were as follows: Fair Value Quoted Prices in Significant Significant (Amounts in thousands) Cash $ 330 $ 15 $ 315 $ — Equity securities 4,199 674 3,525 — Fixed income/debt securities 2,471 378 2,093 — Other 33 — 33 — Total $ 7,033 $ 1,067 $ 5,966 $ — The fair values by category of the plan assets as of October 31, 2015 were as follows: Fair Value Quoted Prices in Significant Significant (Amounts in thousands) Cash $ 397 $ 26 $ 371 $ — Equity securities 4,154 668 3,486 — Fixed income/debt securities 2,203 382 1,821 — Other 32 — 32 — Total $ 6,786 $ 1,076 $ 5,710 $ —

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Shareholders' Equity	(10) Shareholders’ Equity Share-Based The Company has a share-based For the Years Ended 2016 2015 2014 (in thousands) Cost of sales $ 1,866 $ 1,805 $ 86 Selling expense 1,509 1,574 103 General and administrative expense 5,442 5,024 884 Total $ 8,817 $ 8,403 $ 1,073 Shared-Based Plans At the annual meeting of stockholders of the Company on April 9, 2013, stockholders approved the AEP Industries Inc. 2013 Omnibus Incentive Plan (the “2013 Plan”). The 2013 Plan provides for the award to non-employee As a result of stockholder approval of the 2013 Plan, all awards of stock and stock unit awards subsequent to April 9, 2013 have been granted under the 2013 Plan and no new awards have been made after such date under the AEP Industries Inc. 2005 Stock Option Plan (the “2005 Option Plan”), which expired in October 2013 except as to awards previously granted prior to that date. At October 31, 2016, 166,534 shares were available to be issued under the 2013 Plan. Stock Options The fair value of options granted is estimated on the date of grant using a Black-Scholes There were no options granted, forfeited, cancelled or expired during the years ended October 31, 2016, 2015 and 2014. The following table summarizes the Company’s stock option plan as of October 31, 2016 and changes during each of the years in the three year period ended October 31, 2016: Weighted Option Weighted Aggregate Options outstanding at October 31, 2013 (50,846 options exercisable) 72,446 $ 29.62 $ 17.07-42.60 Exercised — — — Options outstanding at October 31, 2014 (61,646 options exercisable) 72,446 $ 29.62 $ 17.07-42.60 Exercised (16,446 ) $ 28.40 $ 17.07-42.60 Options outstanding at October 31, 2015 (50,400 options exercisable) 56,000 $ 29.98 $ 17.07-42.60 3.7 $ 2,801 Exercised (7,200 )(a) $ 33.81 $ 33.67-33.84 Options outstanding at 48,800 $ 29.41 $ 17.07-42.60 3.0 $ 3,911 Vested and expected to vest at October 31, 2016 48,800 $ 29.41 3.0 $ 3,911 Exercisable at October 31, 2016 46,800 $ 29.23 2.9 $ 3,759 (a) Includes 2,000 options exercised at an exercise price of $33.84 per option and 1,200 options exercised at an exercise price of $33.67 per option for which an aggregate of 1,293 shares of common stock of the Company were tendered to the Company by the holders of the stock options for the payment of the exercise price of these options. The table below presents information related to stock option activity for the years ended October 31, 2016, 2015 and 2014: For the Years Ended 2016 2015 2014 (in thousands) Total intrinsic value of stock options exercised $ 314 $ 439 $ — Total fair value of stock options vested $ 54 $ 80 $ 155 The fair value of the options, less expected forfeitures, is amortized over five years on a straight-line basis. Share-based share-based As of October 31, 2016, there was $13,000 of total unrecognized compensation cost related to non-vested weighted-average Non-vested A summary of the Company’s non-vested Non-vested Shares Weighted Average Non-vested 5,600 $ 15.33 Vested (3,600 ) $ 15.08 Non-vested 2,000 $ 15.79 Performance Units The 2013 Plan provides for, and the 2005 Option Plan provided for, the granting of Board approved performance units (“Units”). Outstanding Units are subject to forfeiture based on an annual adjusted EBITDA performance goal, as determined and adjusted by the Board. If the Company’s adjusted EBITDA equals or exceeds the performance goal, no Units will be forfeited. If the Company’s adjusted EBITDA is between 80% and less than 100% of the performance goal, such employee will forfeit such number of Units equal to (a) the Units granted multiplied by (b) the percentage adjusted EBITDA is less than the performance goal. If adjusted EBITDA is below 80% of the performance goal, the employee will forfeit all Units. Subsequent to the satisfaction of the performance goal, the vesting of the Units will occur equally over five years on the first through the fifth anniversaries of the grant date, provided that such person continues to be employed by the Company on such respective dates. For each Unit, upon vesting and the satisfaction of any required tax withholding obligation, the employee has the option to receive one share of the Company’s common stock, the equivalent cash value or a combination of both. For Units granted under the 2005 Option Plan, the Units will immediately vest in the event of (1) the death of an employee, (2) the permanent disability of an employee (within the meaning of the Internal Revenue Code of 1986, as amended) or (3) a termination of employment due to the disposition of any asset, division, subsidiary, business unit, product line or group of the Company or any of its affiliates. In the case of any other termination, any unvested performance units will be forfeited. Notwithstanding the foregoing, the Compensation Committee retains discretionary authority at any time, including immediately prior to or upon a change of control, to accelerate the vesting of any award. For Units granted under the 2013 Plan, if a participant dies during the performance year, the Compensation Committee has the discretion to waive all or a portion of the performance conditions of the Units and any earned Units will be fully vested. If a participant dies after the end of the performance year, all earned Units will become immediately vested upon death. If a participant is terminated for disability during the performance year, the Compensation Committee has the discretion to waive all or a portion of the performance conditions of the Units and to waive all or a portion of the vesting conditions. If a participant is terminated for disability after the performance year, the Compensation Committee has the discretion to waive all or a portion of the vesting conditions. If a participant retires or is terminated by the Company without cause (each as defined in the 2013 Plan) during the performance year, the Compensation Committee has the discretion to permit the participant to receive a pro rata portion of the earned Units based on the Company’s actual performance at the end of the performance year, and has the discretion to waive all or a portion of the vesting conditions. If a participant retires or is terminated by the Company without cause after the performance year, the Compensation Committee has the discretion to waive all or a portion of the vesting conditions. In the event of a change in control (as defined in the 2013 Plan) or immediately prior to such event during the performance year, the Compensation Committee has the discretion to permit the participant to receive a pro rata portion of the earned Units based on a calculation specified in the award agreement and to waive all or a portion of the vesting conditions. In the event of a change in control (as defined in the 2013 Plan) or immediately prior to such event after the performance year, the Compensation Committee has the discretion to waive all or a portion of the vesting conditions. Upon the occurrence of any other termination of service, any unearned or unvested Units will be forfeited. Total share-based The following table summarizes the Units as of October 31, 2016 and changes during each of the three year periods ended October 31, 2016: 2005 2013 Total Weighted Aggregate Units outstanding at October 31, 2013 204,161 — 204,161 Units granted — 52,896 (a) 52,896 Units exercised (73,650 ) — (73,650 ) $ 0.00 $ 3,890 Units forfeited or cancelled (1,200 ) (52,896 )(a) (54,096 ) Units outstanding at October 31, 2014 129,311 — 129,311 Units granted — 148,497 (b) 148,497 Units exercised (44,209 ) — (44,209 ) $ 0.00 $ 2,454 Units forfeited or cancelled (2,000 ) (3,000 ) (5,000 ) Units outstanding at October 31, 2015 83,102 145,497 228,599 1.6 $ 18,288 Units granted — 43,571 (c) 43,571 $ 0.00 Units exercised (43,016 ) (32,057 ) (75,073 ) $ 0.00 $ 5,820 Units forfeited or cancelled (600 ) (2,000 ) (2,600 ) Units outstanding at October 31, 2016 39,486 155,011 194,497 $ 0.00 1.5 $ 21,307 Vested and expected to vest at October 31, 2016 39,486 149,011 188,497 $ 0.00 1.5 $ 20,650 Exercisable at October 31, 2016 — — — $ 0.00 $ 0 (a) The Units in fiscal 2014 were forfeited in their entirety because the Company did not achieve at least 80% of the Adjusted EBITDA performance goal in such fiscal year. (b) More than 100% of the fiscal 2015 Adjusted EBITDA goal was achieved. (c) More than 100% of the fiscal 2016 Adjusted EBITDA goal was achieved. Restricted Stock Each non-employee one-year The share-based compensation expense associated with the restricted stock is based on the quoted market price of the Company’s common stock on the date of grant. The Company recognizes share-based compensation associated with the restricted stock on a straight-line basis over the term which is one year. Total share-based compensation expense related to the restricted stock recorded in the consolidated statements of operations for each of the years ended October 31, 2016, 2015 and 2014 was $0.3 million. As of October 31, 2016, there was $0.1 million of total unrecognized compensation cost related to restricted stock. That cost is expected to be recognized over five months. Treasury Shares In February 2014, the Company’s Board of Directors authorized a stock repurchase program (the “February 2014 Stock Repurchase Program”) under which the Company could purchase up to $10.0 million of the Company’s common stock. On April 8, 2014, the Board approved an increase of $10.0 million to the February 2014 Stock Repurchase Program. Repurchases could be made in the open market, in privately negotiated transactions or by other means, from time to time, subject to market conditions, applicable legal requirements and other factors, including the limitations set forth in the Company’s debt covenants and the Merger Agreement. During fiscal 2014, the Company repurchased 529,312 shares of common stock at an average cost of $37.76 per share, totaling $20.0 million. Following such transactions, there is no amount available for repurchases under the Company’s February 2014 Stock Repurchase Program. Treatment of Equity Awards in Merger Agreement The Merger Agreement provides for specified treatment of the outstanding options, restricted stock and performance units in connection with the consummation of the Integrated Mergers. Preferred Shares The Board may direct the issuance of up to one million shares of the Company’s $1.00 par value Preferred Stock and may, at the time of issuance, determine the rights, preferences and limitations of each series. Stockholder Rights Plan The Company has a stockholder rights plan (the “Rights Plan”), which entitles the holders of the rights to purchase from the Company 1/1,000 th of a share of Series A Junior Participating Preferred Stock, par value $1.00 per share, at a purchase price of $330.00 per share, as adjusted (a “Right”), upon certain trigger events. Each 1/1,000 th of a share of Series A Junior Participating Preferred Stock has terms that are substantially the economic and voting equivalent of one share of the Company’s common stock. However, until a Right is exercised or exchanged in accordance with the provisions of the Rights Plan, the holder thereof will have no rights as a stockholder of the Company. The Rights Plan has a three-year term ending March 31, 2017 and the Board may terminate the Rights Plan at any time (subject to the redemption of the Rights for a nominal value). The Rights may cause substantial dilution to a person or group (together with all affiliates and associates of such person or group and any person or group of persons acting in concert therewith) that acquires beneficial ownership of 10% or more of the Company’s stock on terms not approved by the Board or that takes other specified actions. On August 24, 2016, in connection with the execution of the Merger Agreement, the Company and American Stock Transfer & Trust Company, LLC, as rights agent, entered into Amendment No. 3 to the Rights Plan, which permits the execution of the Merger Agreement and the performance and consummation of the transactions contemplated by the Merger Agreement, including the Integrated Mergers, without triggering the provisions of the Rights Plan and provides for the expiration of the Rights Plan immediately prior to the effective time of the Integrated Mergers (but only if the effective time occurs).

Income Taxes

Income Taxes	12 Months Ended
	Oct. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	(11) Income Taxes The U.S. and foreign components of income (loss) before (provision) benefit for income taxes are as follows: For the Years Ended 2016 2015 2014 (in thousands) U.S. $ 44,243 $ 43,171 $ (12,403 ) Foreign 2,279 1,074 2,963 Total $ 46,522 $ 44,245 $ (9,440 ) The (provision) benefit for income taxes is summarized as follows: For the Years Ended 2016 2015 2014 (in thousands) Current: Federal $ (12,799 ) $ (6,646 ) $ (108 ) State (2,339 ) (2,816 ) 206 Foreign (723 ) (376 ) (952 ) (15,861 ) (9,838 ) (854 ) Deferred: Federal (2,101 ) (6,102 ) 4,412 State 301 589 475 Foreign (59 ) (57 ) (99 ) (1,859 ) (5,570 ) 4,788 Total (provision) benefit for income taxes $ (17,720 ) $ (15,408 ) $ 3,934 The Company has $14.3 million of undistributed earnings from its Canadian subsidiary at October 31, 2016 after currency translation adjustments. It is anticipated that the balance of these earnings will be remitted in the foreseeable future and the Company has accrued taxes attributable to the repatriation resulting in a net liability of $7.9 million at October 31, 2016. The net liability or tax cost of the repatriation, other than $0.7 million of withholding taxes, will be offset by available foreign tax credits. Undistributed earnings of the Company’s Canadian subsidiary were $13.0 million at October 31, 2015. The tax effects of significant temporary differences that comprise the deferred tax assets (liabilities) at October 31, 2016 and 2015 are as follows: October 31, 2016 2015 (in thousands) Deferred income tax assets: Allowance for doubtful accounts $ 2,709 $ 1,937 Inventories 909 924 Alternative minimum tax credits carryforwards — 3,264 State net operating loss carryforwards 62 716 Stock based compensation 5,324 4,810 Capital loss carryforwards 23 30 Foreign tax credits carryforwards 7,112 7,422 Other 2,696 1,973 Total gross deferred tax assets 18,835 21,076 Valuation allowance (23 ) (30 ) Total net deferred tax asset $ 18,812 $ 21,046 Deferred tax liabilities: Depreciation $ (23,319 ) $ (23,856 ) Deferred tax liability on undistributed earnings of foreign subsidiary (7,901 ) (7,250 ) Deferred gain on redemption of senior notes (761 ) (1,187 ) Basis differences related to acquisitions (5,275 ) (5,275 ) Other (1,269 ) (1,622 ) Total gross deferred tax liabilities $ (38,525 ) $ (39,190 ) Total net deferred tax liabilities $ (19,713 ) $ (18,144 ) Valuation allowances reduced the deferred tax assets attributable to capital loss carryforwards to an amount that, based on all available information, is more likely than not to be realized. Net operating loss carryforwards, capital loss carryforwards and foreign tax credits, before valuation allowances, at October 31, 2016 expire as follows: Related Tax Deferred Tax Asset Expiration Date (in thousands) Loss carryforwards: State net operating loss $ 96 $ 62 Fiscal 2027 Capital loss carryforwards: Canada $ 179 $ 23 Indefinite Tax credit carryforwards: Foreign tax credits $ 7,112 $ 7,112 Fiscal 2025 - 2026 The benefits of these carryforwards are dependent on the taxable income in those jurisdictions in which they arose, and accordingly, a valuation allowance has been provided where management has determined that it is more likely than not that the carryforwards will not be utilized. The Company realized $3.4 million in tax credit carryforwards in fiscal 2016 to reduce its federal income taxes payable for the year. Management believes that the remaining deferred tax assets will more likely than not, net of existing valuation allowances, at October 31, 2016 be realized, excluding any impact resulting from the Integrated Mergers. A reconciliation of the (provision) benefit for income taxes on income (loss) before (provision) benefit for income taxes to that which would be computed at the statutory rate of 35% for each of the fiscal years 2016, 2015 and 2014, is as follows: For the Years Ended October 31, 2016 2015 2014 (in thousands) Provision at statutory rate $ (16,283 ) $ (15,486 ) $ 3,304 State tax provision, net of federal tax benefit (1,324 ) (1,448 ) 443 Differential in the U.S. and Canadian statutory rate 211 100 275 Foreign taxes paid and accrued (147 ) (153 ) (260 ) Net permanent adjustments 253 1,678 — Other, net (430 ) (99 ) 172 (Provision) benefit for income taxes $ (17,720 ) $ (15,408 ) $ 3,934 As with most companies, the Company’s income tax returns are periodically audited by domestic and foreign tax authorities. These audits include questions regarding tax filing positions, including the timing and amount of deductions taken. At any time, multiple tax years are subject to audit by various tax authorities. A number of years may elapse before a particular tax position, for which a reserve has been established, is audited and fully resolved. When the actual result of a tax settlement differs from the Company’s estimated reserve for a tax position, the Company adjusts the tax contingency reserve and income tax provision. As of October 31, 2016 and 2015, the Company’s liabilities for unrecognized tax benefits for uncertain tax positions related to certain federal deductions taken for tax purposes and state income taxes, including interest and penalties, were $58,000 and $53,000, respectively, and are included in other long term liabilities in the consolidated balance sheets. The Company classifies interest and penalties on uncertain tax positions as a component of the provision for income taxes. Interest and penalties recognized in the provision for income taxes were deminimus during fiscal 2016, 2015 and 2014, respectively. The Company files income tax returns in the U.S. federal jurisdiction, sixteen U.S. states and various foreign jurisdictions. Tax years ended October 31, 2015, 2014 and 2013 remain open for U.S. federal taxes and for sixteen states. The Company has one state under current examination for tax years 2012 through 2014 and all other states are no longer subject to examination for years beginning prior to 2012. Additionally, tax years ended October 31, 2013 through 2015, remain open and subject to examination by the governmental agencies in the Company’s foreign jurisdictions, primarily Canada. The Company does not anticipate any adjustments that would have a material adverse effect on its financial condition or results of operations. Cash paid for income taxes during fiscal 2016, 2015 and 2014 was $16.0 million, $3.6 million and $2.0 million, respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Oct. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	(12) Commitments and Contingencies Operating Lease Commitments: The Company has lease agreements for several of its facilities and certain of its equipment expiring at various dates through July 31, 2025. Rental expense under all leases was $8.6 million, $8.3 million and $8.1 million for fiscal 2016, 2015 and 2014, respectively. Rental income under all non-cancellable Under the terms of noncancellable operating leases with terms greater than one year, the minimum rental, excluding the provision for real estate taxes, is as follows: For the years ended October 31, Operating Leases 2017 $ 8,081 2018 6,901 2019 5,144 2020 3,665 2021 3,050 Thereafter 6,148 Total minimum lease payments $ 32,989 Claims and Lawsuits: The Company and its subsidiaries are subject to claims and lawsuits which arise in the ordinary course of business. On the basis of information presently available and advice received from counsel representing the Company and its subsidiaries, it is the opinion of management that the disposition or ultimate determination of such claims and lawsuits against the Company will not have a material adverse effect on the Company’s financial condition or results of operations. Employment Contracts: The Company has employment agreements with seven of its key employees. Each November 1 st , these agreements are extended for successive periods of one year, unless either party gives written notice to the other at least 180 days prior to the expiration of the then current term that it does not wish to extend the agreement beyond the term. The employment agreements also include terms relating to severance upon termination or a change of control, confidentiality, non-competition, non-solicitation

Segment and Geographic Informat

Segment and Geographic Information	12 Months Ended
	Oct. 31, 2016
Segment Reporting [Abstract]
Segment and Geographic Information	(13) Segment and Geographic Information The Company’s operations are conducted within one business segment—the production, manufacture and distribution of flexible plastic packaging products, primarily for the food/beverage, industrial and agricultural markets. The Company operates in the United States and Canada. Income from operations includes all costs and expenses directly related to the geographical area, including intercompany interest income and expense. Identifiable assets are those used in the operations of those geographical areas. Information about the Company’s operations by geographical area, with United States and Canada stated separately, as of and for the years ended October 31, 2016, 2015 and 2014, respectively, is as follows: United States Canada Total (in thousands) 2016 Sales—external customers $ 1,030,603 $ 65,227 $ 1,095,830 Intercompany sales 37,444 — 37,444 Gross profit 179,709 10,634 190,343 Operating income 62,441 4,066 66,507 Interest income — 38 38 Interest expense 19,873 9 19,882 Depreciation and amortization 29,233 243 29,476 Provision for income taxes (17,085 ) (635 ) (17,720 ) Net income 27,158 1,644 28,802 Provision for losses on accounts receivable, note receivable 348 102 450 Geographical area assets 375,534 17,097 392,631 Goodwill 3,697 3,174 6,871 Capital expenditures 15,868 47 15,915 United States Canada Total (in thousands) 2015 Sales—external customers $ 1,073,417 $ 67,974 $ 1,141,391 Intercompany sales 39,429 — 39,429 Gross profit 171,589 10,073 181,662 Operating income 60,231 2,487 62,718 Interest income 32 26 58 Interest expense 18,780 10 18,790 Depreciation and amortization 31,321 246 31,567 Provision for income taxes (15,128 ) (280 ) (15,408 ) Net income 28,043 794 28,837 Provision for losses on accounts receivable, note receivable 2,099 743 2,842 Geographical area assets 413,992 24,102 438,094 Goodwill 3,697 3,174 6,871 Capital expenditures 11,981 205 12,186 United States Canada Total (in thousands) 2014 Sales—external customers $ 1,117,404 $ 75,586 $ 1,192,990 Intercompany sales 43,739 — 43,739 Gross profit 109,901 12,004 121,905 Operating income 5,448 4,413 9,861 Interest income 17 67 84 Interest expense 19,557 14 19,571 Depreciation and amortization 31,244 263 31,507 Benefit (provision) for income taxes 4,725 (791 ) 3,934 Net (loss) income (7,678 ) 2,172 (5,506 ) Provision for losses on accounts receivable 2,042 81 2,123 Geographical area assets 422,812 21,413 444,225 Goodwill 3,697 3,174 6,871 Capital expenditures 26,353 190 26,543 Net sales by product line are as follows: For the Years Ended October 31, 2016 2015 2014 (in thousands) Custom films $ 334,418 $ 357,742 $ 372,204 Stretch (pallet) wrap 323,876 332,857 361,067 Food contact 167,997 165,566 183,366 PROformance Films ® 52,270 63,158 76,698 Canliners 144,404 144,416 126,737 Printed and converted films 29,906 30,552 25,648 Other products and specialty films 42,959 47,100 47,270 Total $ 1,095,830 $ 1,141,391 $ 1,192,990

Accumulated Other Comprehensive

Accumulated Other Comprehensive (Loss) Income	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Accumulated Other Comprehensive (Loss) Income	(14) Accumulated Other Comprehensive (Loss) Income The accumulated balances at October 31, related to each component of accumulated other comprehensive loss are as follows: 2016 2015 2014 (in thousands) Foreign currency translation adjustments $ 24 $ 238 $ 1,400 Unrecognized prior service cost and actuarial losses related to Canadian and U.S. defined benefit pension plans, net of tax (1,601 ) (1,250 ) (1,541 ) Total accumulated other comprehensive loss $ (1,577 ) $ (1,012 ) $ (141 ) The accumulated other comprehensive loss related to the Company’s pension plans is net of tax benefits of $0.6 million, $0.5 million and $0.6 million at October 31, 2016, 2015 and 2014, respectively.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Oct. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	(15) Related Party Transactions During fiscal 2016, 2015 and 2014, $1,107,513, $42,904 and 71,619, was paid to Skadden, Arps, Slate, Meagher and Flom LLP, one of the Company’s outside legal counsel, in which the brother of the Company’s Vice President, Finance and Controller is a partner. At October 31, 2016 and 2015, the Company owed $582,000 and $20,716, respectively, to Skadden, Arps, Slate, Meagher and Flom LLP. During fiscal 2016, 2015 and 2014, $88,263, $79,720 and $56,610, was paid to D.E. Smith Corp., a company owned by the son-in-law brother-in-law During fiscal 2016, 2015 and 2014, the Company sold $916,183, $746,549 and $650,591 of product, respectively, to Allstate Poly in which the brother of the President and Chief Operating Officer is a partner. At October 31, 2016 and 2015, the Company was owed $188,147 and $152,722 from Allstate Poly, respectively.

Quarterly Financial Data (Unaud

Quarterly Financial Data (Unaudited)	12 Months Ended
	Oct. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	(16) Quarterly Financial Data (Unaudited) January 31, April 30, July 31, October 31, (in thousands, except per share data) 2016 Net sales $ 253,553 $ 273,162 $ 283,689 $ 285,426 Gross profit $ 43,727 $ 54,082 $ 46,203 $ 46,331 Net income $ 7,895 $ 13,780 (A) $ 6,269 $ 858 (B) Basic Earnings per Common Share: Net income per common share $ 1.55 $ 2.70 $ 1.23 $ 0.17 Diluted Earnings per Common Share: Net income per common share $ 1.54 $ 2.68 $ 1.22 $ 0.17 January 31, April 30, July 31, October 31, 2015 Net sales $ 275,439 $ 285,722 $ 301,982 $ 278,248 Gross profit $ 32,564 $ 49,816 $ 48,161 $ 51,121 Net income $ 476 $ 11,128 (C) $ 6,567 $ 10,666 (D) Basic Earnings per Common Share: Net income per common share $ 0.09 $ 2.19 $ 1.29 $ 2.09 Diluted Earnings per Common Share: Net income per common share $ 0.09 $ 2.18 $ 1.28 $ 2.08 Earnings per share are computed independently for each of the quarters presented. (A) Includes $0.7 million asset impairment charge related to the poor performance of a new machine. (B) Includes $4.1 million in transaction costs incurred related to the proposed Integrated Mergers (see Note 3), $1.5 million call premium paid and write-off (C) Includes $2.1 million in bad debt expense, pre-tax, (D) Includes a $1.2 million gain on the sale of a warehouse in the Company’s Texas facility and a $1.2 million asset impairment charge related to the poor performance of a new machine. All amounts before tax.

Schedule II - Valuation and Qua

Schedule II - Valuation and Qualifying Accounts	12 Months Ended
	Oct. 31, 2016
Valuation and Qualifying Accounts [Abstract]
Schedule II - Valuation and Qualifying Accounts	AEP INDUSTRIES INC. VALUATION AND QUALIFYING ACCOUNTS FOR EACH OF THE YEARS IN THE THREE YEAR PERIOD ENDED OCTOBER 31, 2016 (in thousands) Balance at Additions Deductions Other Balance at YEAR ENDED OCTOBER 31, 2016: Allowance for doubtful accounts $ 5,432 $ 384 $ 95 $ (19 ) $ 5,702 Inventories $ 5 $ 66 $ 65 $ (1 ) $ 5 Allowance for uncollectible note receivable $ 1,920 $ — $ — $ — $ 1,920 YEAR ENDED OCTOBER 31, 2015: Allowance for doubtful accounts $ 2,831 $ 2,827 $ 176 $ (50 ) $ 5,432 Inventories $ 112 $ 15 $ 106 $ (16 ) $ 5 Allowance for uncollectible note receivable $ 2,003 $ — $ 83 $ — $ 1,920 YEAR ENDED OCTOBER 31, 2014: Allowance for doubtful accounts $ 2,992 $ 94 $ 243 $ (12 ) $ 2,831 Inventories $ 115 $ 26 $ 20 $ (9 ) $ 112 Allowance for uncollectible note receivable $ — $ 2,003 $ — $ — $ 2,003 (a) Represents foreign exchange effect.

Significant Accounting Polici26

Significant Accounting Policies (Policies)	12 Months Ended
	Oct. 31, 2016
Accounting Policies [Abstract]
Fiscal Year	Fiscal Year: The Company’s fiscal year-end
Principles of Consolidation	Principles of Consolidation: The consolidated financial statements include the accounts of all subsidiaries. All significant intercompany transactions have been eliminated in consolidation.
Revenue Recognition	Revenue Recognition: The Company recognizes revenue when products are shipped and the customer takes ownership and assumes risk of loss, which is primarily on the date of shipment, collection of the relevant receivable is probable, persuasive evidence of an arrangement exists and the sales price is fixed and determinable. Concurrently, the Company records reductions to revenue for estimated returns and customer rebates, customer deductions, promotions or other incentive programs that are estimated using historical experience and current economic trends. Material differences may result in the amount and timing of net sales for any period if management makes different judgments or uses different estimates.
Cost of Sales	Cost of Sales: The most significant components of cost of sales are materials, including packaging, fixed manufacturing costs, labor (including share-based compensation and incentive-based compensation), depreciation, inbound freight charges, utility costs used in the manufacturing process, any inventory adjustments, including LIFO adjustments, purchasing and receiving costs, research and development costs, quality control costs, and warehousing costs.
Delivery	Delivery: Delivery costs represent all costs incurred by the Company for shipping and handling of its products to the customer, including transportation costs paid to third party shippers.
Selling, General & Administrative	Selling, General & Administrative: Selling and general and administrative expenses consist primarily of personnel costs (including salaries, bonuses, commissions, share-based compensation and employee benefits), facilities and equipment costs and other support costs including utilities, insurance and professional fees.
Cash and Cash Equivalents	Cash and Cash Equivalents: The Company considers all highly liquid investments purchased with an initial maturity of three months or less to be cash equivalents.
Accounts Receivable	Accounts Receivable: Trade accounts receivable are recorded at the invoice amount and do not bear interest. The allowance for doubtful accounts is the Company’s best estimate of the amount of probable credit losses in the Company’s existing accounts receivable. The Company determines the allowance based on historical write-off off-balance-sheet
Use of Estimates	Use of Estimates: The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. These estimates and assumptions are based on management’s best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors, including the current economic environment. The Company adjusts such estimates and assumptions when facts and circumstances dictate. As future events and their effects cannot be determined with precision, actual results could differ significantly from these estimates. Changes in estimates are recorded in results of operations in the period that the event or circumstances giving rise to such changes occur. The Company’s significant estimates include those related to revenue recognition, customer rebates and incentives, and allowance for doubtful accounts.
Property, Plant and Equipment	Property, Plant and Equipment: Property, plant and equipment are stated at cost and at fair value for acquisitions. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The cost of property, plant and equipment and the related accumulated depreciation and amortization are removed from the accounts upon the retirement or disposal of such assets and the resulting gain or loss is recognized at the time of disposition. Maintenance and repairs that do not improve efficiency or extend economic life are charged to expense as incurred.
Leases	Leases: The Company operates certain warehousing facilities, an office building and machinery and equipment under operating leases with terms greater than one year and with minimum lease payments associated with these agreements. Rent expense is recognized on a straight-line basis over the expected lease term. Within the provisions of certain leases are predetermined fixed escalations of the minimum rental payments over the base lease term (none of the leases contain lease concessions, including capital improvement funding, or contingent rental clauses). The effects of the escalations have been reflected in rent expense on a straight-line basis over the lease term, and the difference between the recognized rental expense and the amounts payable under the lease is recorded as deferred lease payments. The amortization period for leasehold improvements is the term used in calculating straight-line rent expense or their estimated economic life, whichever is shorter.
Impairment Charges	Impairment Charges: Property, plant and equipment, and purchased intangibles subject to amortization, are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Recoverability of assets to be held and used is measured by a comparison of the carrying amount of an asset to estimated undiscounted future cash flows expected to be generated by the asset. If the carrying amount of an asset exceeds its estimated undiscounted future cash flows, an impairment charge is recognized for the amount by which the carrying amount of the asset exceeds the fair value of the asset. Fair value is determined based on discounted cash flows, recent buy offers or appraised values, depending on the nature of the asset. Assets to be disposed of are separately presented in the consolidated balance sheets and reported at the lower of the carrying amount or the fair value less costs to sell, and are no longer depreciated. The asset and liabilities of a disposed group, classified as held for sale, are presented separately in the appropriate asset and liability sections of the consolidated balance sheets.
Foreign Currency Translation	Foreign Currency Translation: Financial statements of international subsidiaries are translated into U.S. dollars using the exchange rate at each balance sheet date for assets and liabilities and the weighted average exchange rate for each period for revenues, expenses, gains, losses and cash flows. Translation adjustments are recorded as a separate component of accumulated other comprehensive (loss) income in the consolidated balance sheets and a component in arriving at comprehensive income (loss). Foreign currency transaction gains and losses are recorded in other income (expense) in the consolidated statements of operations.
Derivative Instruments	Derivative Instruments: The Company enters into derivative financial instruments to manage exposures arising in the normal course of business. The Company enters into foreign exchange forward contracts primarily to hedge intercompany transactions and forecasted purchases. Foreign currency forward contracts reduce the Company’s exposure to the risk that the eventual cash inflows and outflows, resulting from these intercompany and third party trade transactions denominated in a currency other than the functional currency, will be adversely affected by changes in exchange rates. Foreign exchange forward contracts generally have maturities of less than six months and relate primarily to the Canadian dollar. The Company also enters into interest rate swap contracts to economically convert a variable-rate debt to a fixed-rate debt. The Company does not apply hedge accounting for foreign exchange forward contracts and interest rate swaps and as a result, these hedging instruments are adjusted to fair value through income and expense. The fair value and notional value of these contracts were immaterial at October 31, 2016 and 2015.
Fair Value Measurements	Fair Value Measurements: In determining the fair value of financial instruments, the Company utilizes valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible and considers counterparty credit risk in its assessment of fair value. The Company determines the fair value of its financial instruments based on assumptions that market participants would use in pricing an asset or liability in the principal or most advantageous market. When considering market participant assumptions in fair value measurements, the following fair value hierarchy distinguishes between observable and unobservable inputs, which are categorized in one of the following levels: Level 1 Unadjusted quoted prices in active markets for identical assets or liabilities at the measurement date. Level 2 Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. Level 3 Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability at the measurement date. The carrying amount reported in the consolidated balance sheets for cash and cash equivalents, accounts receivable and accounts payable approximates fair value because of the short-term nature of these assets and liabilities. The Company did not have any non—financial assets and liabilities that were carried at fair value on a recurring basis in the consolidated financial statements or for which a fair value measurement was required at October 31, 2016. See Notes 8 and 9 for discussion of the fair value of the Company’s debt and the assets held in the Company’s two defined benefit pension plans, respectively.
Research and Development Costs	Research and Development Costs: Research and development costs are charged to expense as incurred and included in cost of sales in the consolidated statements of operations. Research and development costs were $2.0 million during each of fiscal 2016, 2015 and 2014.
Share-Based Compensation	Share-Based Compensation: Compensation expense for our shared-based compensation plans is based on the fair value of the awards granted and is recognized in income on a straight-line basis over the requisite service period of each award. Due to the cash settlement feature of the performance units granted under the Company’s share-based plan to directors and key employees of the Company, the performance units are liability classified and are recognized at fair value, depending on the percentage of requisite service rendered at the reporting date, and are remeasured at each balance sheet date to the market value of the Company’s common stock at the reporting date. As the Units contain both a performance and service condition, the Units have been treated as a series of separate awards or tranches for purposes of recognizing compensation expense. The Company recognizes compensation expense on a tranche-by-tranche
Income Taxes	Income Taxes: Income taxes are accounted for using the asset and liability method. Such approach results in the recognition of deferred tax assets and liabilities for the expected future tax consequences of temporary differences between the book carrying amounts and the tax basis of assets and liabilities. Valuation allowances are established where expected future taxable income, the reversal of deferred tax liabilities and development of tax strategies does not support the realization of the deferred tax assets. The Company recognizes in its consolidated financial statements the impact of a tax position if that position is more likely than not of being sustained based on the technical merits of the position. There is a two-step The Company and its subsidiaries file separate foreign, state and local income tax returns and, accordingly, provide for such income taxes on a separate company basis.
Goodwill	Goodwill: Goodwill represents the excess of the purchase price over the fair value of net assets acquired in purchase business combinations. The Company has determined that it consists of a single reporting unit for the purpose of the goodwill impairment test. The Company performs its annual impairment analysis on September 30 based on a comparison of the Company’s market capitalization to its book value at that date. On September 30, 2016 and 2015, the Company concluded that there was no impairment because the Company’s market capitalization was above book value. On October 31, 2016 and 2015, the Company’s market capitalization was above book value. The Company’s policy is that impairment of goodwill will have occurred if the market capitalization of the Company were to remain below book value for a reasonable period of time. The Company would consider a control premium in its analysis.
Concentration of Risk	Concentration of Risk: The Company sells its products to a large number of geographically diverse customers in a number of different industries, thus spreading the trade credit risk. The Company extends credit based on an evaluation of the customer’s financial condition, generally without requiring collateral. The Company performs ongoing credit evaluations of its customers’ financial condition and maintains appropriate allowances for anticipated losses. No single customer accounted for more than 10% of net sales during any of the years in the three year period ended October 31, 2016. No single customer accounted for more than 10% of the Company’s account receivable balance at October 31, 2016 or 2015. The Company purchases its resin from three principal suppliers that provided the Company with approximately 28%, 22% and 13%, respectively, of the Company’s fiscal 2016 resin supply, approximately 27%, 22% and 16%, respectively, of the Company’s fiscal 2015 resin supply and approximately 28%, 22% and 17%, respectively, of the Company’s fiscal 2014 resin supply.
Earnings Per Common Share (EPS)	Earnings Per Common Share (EPS): Basic earnings (loss) per common share (“EPS”) is calculated by dividing net income (loss) by the weighted average number of shares of common stock outstanding during the period. Diluted EPS is calculated by dividing net income (loss) by the weighted average number of common shares outstanding, adjusted to reflect potentially dilutive securities (options) using the treasury stock method, except when the effect would be anti-dilutive. The number of shares used in calculating basic and diluted earnings (loss) per share is as follows: For the Years Ended 2016 2015 2014 Weighted average common shares outstanding: Basic 5,110,049 5,093,878 5,323,131 Effect of dilutive securities: Options to purchase shares of common stock 29,794 22,201 — Diluted 5,139,843 5,116,079 5,323,131 For the years ended October 31, 2016, 2015 and 2014 the Company had zero, zero and 10,000 stock options outstanding, respectively, that could potentially dilute earnings per share in future periods but were excluded from the computation of diluted EPS because their exercise price was higher than the Company’s average stock price during the respective periods. For the year ended October 31, 2014, the Company had 16,168 stock options outstanding that could potentially dilute earnings per share in future periods that were excluded from the computation of diluted EPS because their effect would have been anti-dilutive given the net loss during the period. The Company includes any non-vested
Dividends	Dividends: In fiscal year 2016 the Company’s Board of Directors declared the following dividends: Dividend Per Share of Total Amount (in thousands) Declaration Date Record Date Payment Date $0.25 $1,278 October 19, 2016 November 1, 2016 November 16, 2016 $0.25 $1,278 July 20, 2016 August 1, 2016 August 16, 2016 $0.25 $1,278 April 20, 2016 May 2, 2016 May 17, 2016 $0.25 $1,278 January 13, 2016 February 1, 2016 February 16, 2016 The dividend payable on November 16, 2016 of $1.3 million is recorded in accrued expenses at October 31, 2016.
Comprehensive Income (Loss)	Comprehensive Income (Loss): Comprehensive income (loss) consists of net income (loss) and other gains and losses that are not included in net income (loss), but are recorded directly in the consolidated statements of shareholders’ equity, such as the unrealized gains and losses on the translation of the assets and liabilities of the Company’s foreign operations and gains or losses and prior service costs associated with pension benefits, net of tax, that have not been recognized as components of net periodic benefit cost, and changes in deferred prior service costs and net actuarial losses, net of tax.
Reclassifications	Reclassifications: Certain prior year amounts as it relates to the adoption of ASU No. 2015-03, Interest-Imputation of Interest (Subtopic 835-30): In April 2015, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2015-03. 2015-15, Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit No. 2015-03 line-of-credit period-end.
New Accounting Pronouncements	New Accounting Pronouncements In August 2016, the FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments, Statement of Cash Flows No. 2016-15. Due to the anticipated timing of the consummation of the integrated merger with Berry Plastics Group, Inc. (see Note 3), the evaluation of the effects on the consolidated financial statements and the timing of adoption of the following standards will be determined by Berry Plastics Group, Inc. In March 2016, the FASB issued ASU No. 2016-09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting In February 2016, the FASB issued ASU 2016-02, Leases 2016-02 In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes non-current In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers, one-year 2014-09,

Significant Accounting Polici27

Significant Accounting Policies (Tables)	12 Months Ended
	Oct. 31, 2016
Accounting Policies [Abstract]
Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share	The number of shares used in calculating basic and diluted earnings (loss) per share is as follows: For the Years Ended 2016 2015 2014 Weighted average common shares outstanding: Basic 5,110,049 5,093,878 5,323,131 Effect of dilutive securities: Options to purchase shares of common stock 29,794 22,201 — Diluted 5,139,843 5,116,079 5,323,131
Schedule of Dividends Declared	In fiscal year 2016 the Company’s Board of Directors declared the following dividends: Dividend Per Share of Total Amount (in thousands) Declaration Date Record Date Payment Date $0.25 $1,278 October 19, 2016 November 1, 2016 November 16, 2016 $0.25 $1,278 July 20, 2016 August 1, 2016 August 16, 2016 $0.25 $1,278 April 20, 2016 May 2, 2016 May 17, 2016 $0.25 $1,278 January 13, 2016 February 1, 2016 February 16, 2016

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Oct. 31, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories are comprised of the following: October 31, October 31, (in thousands) Raw materials $ 42,375 $ 47,593 Finished goods 67,466 66,484 Supplies 4,772 5,280 114,613 119,357 Less: LIFO reserve (21,928 ) (18,093 ) Inventories, net $ 92,685 $ 101,264

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Oct. 31, 2016
Property, Plant and Equipment [Abstract]
Summary of Components of Property, Plant and Equipment and Their Estimated Useful Lives	A summary of the components of property, plant and equipment and their estimated useful lives is as follows: October 31, 2016 2015 Estimated Useful Lives (in thousands) Land $ 11,743 $ 11,777 Buildings 100,939 100,263 15 to 31.5 years Machinery and equipment 471,078 459,247 5 to 9 years Furniture and fixtures 26,062 25,725 3 to 9 years Leasehold improvements 290 290 Lesser of lease term or useful Motor vehicles 383 383 3 years Construction in progress 3,809 2,566 614,304 600,251 Less: Accumulated depreciation and amortization 434,638 406,258 Property, plant and equipment, net $ 179,666 $ 193,993

Intangible Assets (Tables)

Intangible Assets (Tables)	12 Months Ended
	Oct. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Changes in Carrying Amount of Intangible Assets	Changes in the carrying amount of intangible assets during the years ended October 31, 2016, 2015 and 2014 are as follows: Trade names Leasehold Customer Total (in thousands) Balance at October 31, 2013 $ 687 $ (11 ) $ 3,842 $ 4,518 Amortization (137 ) 6 (387 ) (518 ) Balance at October 31, 2014 550 (5 ) 3,455 4,000 Amortization (137 ) 5 (387 ) (519 ) Balance at October 31, 2015 413 — 3,068 3,481 Amortization (137 ) — (387 ) (524 ) Balance at October 31, 2016 $ 276 $ — $ 2,681 $ 2,957
Weighted Average Amortization Periods Over Straight Line Basis	Weighted average amortization periods over a straight-line basis are as follows: In Years Trade names 9 Customer relationships 12 Leasehold Interest 7
Estimated Future Amortization Expense	The estimated future amortization expense during each of the next five fiscal years is as follows: For the fiscal year ending October 31, (in thousands) 2017 $ 479 2018 479 2019 397 2020 397 2021 397 Thereafter 808 Total estimated future amortization expense $ 2,957

Accrued Expenses (Tables)

Accrued Expenses (Tables)	12 Months Ended
	Oct. 31, 2016
Other Liabilities Disclosure [Abstract]
Accrued Expenses	At October 31, 2016 and 2015, accrued expenses consist of the following: October 31, 2016 2015 (in thousands) Payroll and employee related $ 16,021 $ 12,799 Customer rebates 10,141 8,952 Interest 461 688 Accrued income taxes 3,090 3,326 Accrual for performance units 6,947 5,451 Other(A) 12,928 9,179 Accrued expenses $ 49,588 $ 40,395 (A) No individual item exceeded 5% of current liabilities.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Oct. 31, 2016
Debt Disclosure [Abstract]
Summary of Components of Debt	A summary of the components of debt is as follows: October 31, October 31, (in thousands) Credit facility(a) $ 1,300 $ — 8.25% senior notes due 2019 (net of debt issuance costs of $938 and $2,111 at October 31, 2016 and 2015, respectively)(b) 124,062 197,889 Pennsylvania industrial loan(c) — 879 Mortgage loan note(d) 2,843 2,974 Capital leases(e) 7,320 9,573 Foreign bank borrowings(f) — — Total debt 135,525 211,315 Less: current portion 2,400 2,475 Long-term debt $ 133,125 $ 208,840
Schedule of Minimum Future Lease Payments on Capitalized Leases	Under the terms of the capital leases, the payments are as follows: For the years ended October 31, Capital (in thousands) 2017 $ 2,495 2018 2,479 2019 2,261 2020 469 2021 64 Thereafter — Total minimum lease payments 7,768 Less: Amounts representing interest 448 Present value of minimum lease payments 7,320 Less: Current portion of obligations under capital leases 2,264 Long-term portion of obligations under capital leases $ 5,056
Principal Payments on All Debt Outstanding	Principal payments required on all debt outstanding during each of the next five fiscal years are as follows: (in thousands) Debt Capital Total 2017 $ 136 $ 2,264 $ 2,400 2018 141 2,333 2,474 2019 126,446 2,199 128,645 2020 151 460 611 2021 157 64 221 Thereafter 2,112 — 2,112 $ 129,143 $ 7,320 $ 136,463
Carrying Value and Fair Value of Company's Fixed Rate Debt	The carrying value and fair value of the Company’s fixed rate debt at October 31, 2016 and October 31, 2015 are as follows: October 31, 2016 October 31, 2015 Carrying Value Fair Value Carrying Value Fair Value (in thousands) 2019 notes $ 125,000 $ 127,812 $ 200,000 $ 206,750 Debt issuance costs (938 ) N/A (2,111 ) N/A Mortgage loan note(a) 2,843 2,843 2,974 2,974 Pennsylvania industrial loans — — 879 879 Capital leases 7,320 7,320 9,573 9,573 Total $ 134,225 $ 137,975 $ 211,315 $ 220,176 (a) The Company entered into an interest rate swap fixing the variable rate loan to a fixed rate loan at an interest rate of 3.52% per year.

Pensions and Retirement Savin33

Pensions and Retirement Savings Plan (Tables)	12 Months Ended
	Oct. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Pension Costs	The components of the net periodic pension costs for the Canadian defined benefit plan and the Alabama Plan in fiscal 2016, 2015 and 2014, are as follows: For the Years Ended 2016 2015 2014 (in thousands) Service cost $ 162 $ 170 $ 276 Interest cost 332 343 388 Expected return on assets (380 ) (430 ) (440 ) Curtailment, settlement loss — — 53 Amortization of net actuarial loss 38 46 56 Amortization of prior service cost 99 106 119 Net periodic pension cost $ 251 $ 235 $ 452
Estimated Net Actuarial Loss and Prior Service Cost	(in thousands) Amortization of prior service cost $ 99 Amortization of net actuarial loss 85 Total $ 184
Reconciliation of Change in Benefit Obligation	A reconciliation of the change in benefit obligation, the change in plan assets and the net amount recognized in the consolidated balance sheets for the Canadian defined benefit plan and the Alabama Plan is shown below (based on an October 31 measurement date): October 31, 2016 2015 (in thousands) Change in benefit obligation: Pension benefit obligation at beginning of year $ 7,743 $ 8,708 Service cost 162 170 Interest cost 332 343 Benefit and expense payments (364 ) (554 ) Actuarial losses (gains) 650 (60 ) Foreign currency exchange rate impact (142 ) (864 ) Pension benefit obligation at end of year 8,381 7,743 Change in plan assets: Fair value of plan assets at beginning of year 6,786 7,464 Company contributions 374 430 Benefit and expense payments (364 ) (554 ) Actual return on plan assets 382 332 Foreign currency exchange rate impact (145 ) (886 ) Fair value of plan assets at end of year 7,033 6,786 Funded status—consolidated (1,348 ) (957 ) Funded status—Canada (177 ) 352 Funded status—U.S. (1,171 ) (1,309 ) Amounts recognized in the consolidated balance sheets consist of: Other long-term liabilities (1,348 ) (1,309 ) Other assets — 352 Amounts recognized in accumulated other comprehensive (loss): Prior service cost (334 ) (442 ) Net actuarial loss (1,912 ) (1,328 ) Tax effect 645 520 Net amount recognized, after tax $ (1,601 ) $ (1,250 ) Accumulated benefit obligation $ 8,381 $ 7,743
Weighted Average Actual Asset Allocations and Target Allocation of Pension Plan Assets	The following table presents the weighted average actual asset allocations as of October 31, 2016 and 2015 and the target allocation of pension plan assets for fiscal 2017: October 31, Target Allocation 2016 2015 Equity securities 60 % 61 % 60 % Debt securities 36 % 33 % 37 % Cash 4 % 6 % 3 % Total 100 % 100 % 100 %
Weighted Average Assumptions Used to Determine Company's Benefit Obligations	The weighted-average October 31, 2016 2015 2014 Discount rate 4 % 4 % 4 % Salary progression rate 0 % 0 % 0 %
Weighted Average Assumptions Used to Determine Company's Net Periodic Benefit Cost	The weighted-average October 31, 2016 2015 2014 Discount rate 4 % 4 % 5 % Salary progression rate 0 % 0 % 0 % Expected long-term rate of return on plan assets 6 % 6 % 6 %
Expected Benefit Payments Based on Assumptions Used to Measure Company Benefit Obligation	Payments from the pension plan are made from the plan assets. (in thousands) 2017 $ 212 2018 253 2019 297 2020 344 2021 375 2022-2026, in the aggregate 2,454
Fair Values by Category of the Plan Assets	The fair values by category of the plan assets as of October 31, 2016 were as follows: Fair Value Quoted Prices in Significant Significant (Amounts in thousands) Cash $ 330 $ 15 $ 315 $ — Equity securities 4,199 674 3,525 — Fixed income/debt securities 2,471 378 2,093 — Other 33 — 33 — Total $ 7,033 $ 1,067 $ 5,966 $ — The fair values by category of the plan assets as of October 31, 2015 were as follows: Fair Value Quoted Prices in Significant Significant (Amounts in thousands) Cash $ 397 $ 26 $ 371 $ — Equity securities 4,154 668 3,486 — Fixed income/debt securities 2,203 382 1,821 — Other 32 — 32 — Total $ 6,786 $ 1,076 $ 5,710 $ —

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Total Share-Based Compensation Expense Related to Company's Share-Based Plans	Total share-based compensation expense related to the Company’s share-based plans is recorded in the consolidated statements of operations as follows: For the Years Ended 2016 2015 2014 (in thousands) Cost of sales $ 1,866 $ 1,805 $ 86 Selling expense 1,509 1,574 103 General and administrative expense 5,442 5,024 884 Total $ 8,817 $ 8,403 $ 1,073
Summary of Company's Stock Options and Changes During the Period	The following table summarizes the Company’s stock option plan as of October 31, 2016 and changes during each of the years in the three year period ended October 31, 2016: Weighted Option Weighted Aggregate Options outstanding at October 31, 2013 (50,846 options exercisable) 72,446 $ 29.62 $ 17.07-42.60 Exercised — — — Options outstanding at October 31, 2014 (61,646 options exercisable) 72,446 $ 29.62 $ 17.07-42.60 Exercised (16,446 ) $ 28.40 $ 17.07-42.60 Options outstanding at October 31, 2015 (50,400 options exercisable) 56,000 $ 29.98 $ 17.07-42.60 3.7 $ 2,801 Exercised (7,200 )(a) $ 33.81 $ 33.67-33.84 Options outstanding at 48,800 $ 29.41 $ 17.07-42.60 3.0 $ 3,911 Vested and expected to vest at October 31, 2016 48,800 $ 29.41 3.0 $ 3,911 Exercisable at October 31, 2016 46,800 $ 29.23 2.9 $ 3,759 (a) Includes 2,000 options exercised at an exercise price of $33.84 per option and 1,200 options exercised at an exercise price of $33.67 per option for which an aggregate of 1,293 shares of common stock of the Company were tendered to the Company by the holders of the stock options for the payment of the exercise price of these options.
Summary of Stock Option Activity	The table below presents information related to stock option activity for the years ended October 31, 2016, 2015 and 2014: For the Years Ended 2016 2015 2014 (in thousands) Total intrinsic value of stock options exercised $ 314 $ 439 $ — Total fair value of stock options vested $ 54 $ 80 $ 155
Summary of Non-Vested Stock Options and Changes During the Period	A summary of the Company’s non-vested Non-vested Shares Weighted Average Non-vested 5,600 $ 15.33 Vested (3,600 ) $ 15.08 Non-vested 2,000 $ 15.79
Summary of Unit and Changes During the Period	The following table summarizes the Units as of October 31, 2016 and changes during each of the three year periods ended October 31, 2016: 2005 2013 Total Weighted Aggregate Units outstanding at October 31, 2013 204,161 — 204,161 Units granted — 52,896 (a) 52,896 Units exercised (73,650 ) — (73,650 ) $ 0.00 $ 3,890 Units forfeited or cancelled (1,200 ) (52,896 )(a) (54,096 ) Units outstanding at October 31, 2014 129,311 — 129,311 Units granted — 148,497 (b) 148,497 Units exercised (44,209 ) — (44,209 ) $ 0.00 $ 2,454 Units forfeited or cancelled (2,000 ) (3,000 ) (5,000 ) Units outstanding at October 31, 2015 83,102 145,497 228,599 1.6 $ 18,288 Units granted — 43,571 (c) 43,571 $ 0.00 Units exercised (43,016 ) (32,057 ) (75,073 ) $ 0.00 $ 5,820 Units forfeited or cancelled (600 ) (2,000 ) (2,600 ) Units outstanding at October 31, 2016 39,486 155,011 194,497 $ 0.00 1.5 $ 21,307 Vested and expected to vest at October 31, 2016 39,486 149,011 188,497 $ 0.00 1.5 $ 20,650 Exercisable at October 31, 2016 — — — $ 0.00 $ 0 (a) The Units in fiscal 2014 were forfeited in their entirety because the Company did not achieve at least 80% of the Adjusted EBITDA performance goal in such fiscal year. (b) More than 100% of the fiscal 2015 Adjusted EBITDA goal was achieved. (c) More than 100% of the fiscal 2016 Adjusted EBITDA goal was achieved.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Oct. 31, 2016
Income Tax Disclosure [Abstract]
U.S. and Foreign Components of Income (Loss) from Continuing Operations	he U.S. and foreign components of income (loss) before (provision) benefit for income taxes are as follows: For the Years Ended 2016 2015 2014 (in thousands) U.S. $ 44,243 $ 43,171 $ (12,403 ) Foreign 2,279 1,074 2,963 Total $ 46,522 $ 44,245 $ (9,440 )
(Provision) benefit for Income Taxes	The (provision) benefit for income taxes is summarized as follows: For the Years Ended 2016 2015 2014 (in thousands) Current: Federal $ (12,799 ) $ (6,646 ) $ (108 ) State (2,339 ) (2,816 ) 206 Foreign (723 ) (376 ) (952 ) (15,861 ) (9,838 ) (854 ) Deferred: Federal (2,101 ) (6,102 ) 4,412 State 301 589 475 Foreign (59 ) (57 ) (99 ) (1,859 ) (5,570 ) 4,788 Total (provision) benefit for income taxes $ (17,720 ) $ (15,408 ) $ 3,934
Deferred Tax Asset Liabilities	The tax effects of significant temporary differences that comprise the deferred tax assets (liabilities) at October 31, 2016 and 2015 are as follows: October 31, 2016 2015 (in thousands) Deferred income tax assets: Allowance for doubtful accounts $ 2,709 $ 1,937 Inventories 909 924 Alternative minimum tax credits carryforwards — 3,264 State net operating loss carryforwards 62 716 Stock based compensation 5,324 4,810 Capital loss carryforwards 23 30 Foreign tax credits carryforwards 7,112 7,422 Other 2,696 1,973 Total gross deferred tax assets 18,835 21,076 Valuation allowance (23 ) (30 ) Total net deferred tax asset $ 18,812 $ 21,046 Deferred tax liabilities: Depreciation $ (23,319 ) $ (23,856 ) Deferred tax liability on undistributed earnings of foreign subsidiary (7,901 ) (7,250 ) Deferred gain on redemption of senior notes (761 ) (1,187 ) Basis differences related to acquisitions (5,275 ) (5,275 ) Other (1,269 ) (1,622 ) Total gross deferred tax liabilities $ (38,525 ) $ (39,190 ) Total net deferred tax liabilities $ (19,713 ) $ (18,144 )
Net Loss Carryforwards and Foreign Tax Credits Before Valuation Allowances	Net operating loss carryforwards, capital loss carryforwards and foreign tax credits, before valuation allowances, at October 31, 2016 expire as follows: Related Tax Deferred Tax Asset Expiration Date (in thousands) Loss carryforwards: State net operating loss $ 96 $ 62 Fiscal 2027 Capital loss carryforwards: Canada $ 179 $ 23 Indefinite Tax credit carryforwards: Foreign tax credits $ 7,112 $ 7,112 Fiscal 2025 - 2026
Reconciliation of (Provision) Benefit for Income Taxes on Income (Loss) from Continuing Operations	A reconciliation of the (provision) benefit for income taxes on income (loss) before (provision) benefit for income taxes to that which would be computed at the statutory rate of 35% for each of the fiscal years 2016, 2015 and 2014, is as follows: For the Years Ended October 31, 2016 2015 2014 (in thousands) Provision at statutory rate $ (16,283 ) $ (15,486 ) $ 3,304 State tax provision, net of federal tax benefit (1,324 ) (1,448 ) 443 Differential in the U.S. and Canadian statutory rate 211 100 275 Foreign taxes paid and accrued (147 ) (153 ) (260 ) Net permanent adjustments 253 1,678 — Other, net (430 ) (99 ) 172 (Provision) benefit for income taxes $ (17,720 ) $ (15,408 ) $ 3,934

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Oct. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Schedule of Minimum Rental Payments on Operating Leases	Under the terms of noncancellable operating leases with terms greater than one year, the minimum rental, excluding the provision for real estate taxes, is as follows: For the years ended October 31, Operating Leases 2017 $ 8,081 2018 6,901 2019 5,144 2020 3,665 2021 3,050 Thereafter 6,148 Total minimum lease payments $ 32,989

Segment and Geographic Inform37

Segment and Geographic Information (Tables)	12 Months Ended
	Oct. 31, 2016
Segment Reporting [Abstract]
Company's Operations by Geographical Area	Information about the Company’s operations by geographical area, with United States and Canada stated separately, as of and for the years ended October 31, 2016, 2015 and 2014, respectively, is as follows: United States Canada Total (in thousands) 2016 Sales—external customers $ 1,030,603 $ 65,227 $ 1,095,830 Intercompany sales 37,444 — 37,444 Gross profit 179,709 10,634 190,343 Operating income 62,441 4,066 66,507 Interest income — 38 38 Interest expense 19,873 9 19,882 Depreciation and amortization 29,233 243 29,476 Provision for income taxes (17,085 ) (635 ) (17,720 ) Net income 27,158 1,644 28,802 Provision for losses on accounts receivable, note receivable 348 102 450 Geographical area assets 375,534 17,097 392,631 Goodwill 3,697 3,174 6,871 Capital expenditures 15,868 47 15,915 United States Canada Total (in thousands) 2015 Sales—external customers $ 1,073,417 $ 67,974 $ 1,141,391 Intercompany sales 39,429 — 39,429 Gross profit 171,589 10,073 181,662 Operating income 60,231 2,487 62,718 Interest income 32 26 58 Interest expense 18,780 10 18,790 Depreciation and amortization 31,321 246 31,567 Provision for income taxes (15,128 ) (280 ) (15,408 ) Net income 28,043 794 28,837 Provision for losses on accounts receivable, note receivable 2,099 743 2,842 Geographical area assets 413,992 24,102 438,094 Goodwill 3,697 3,174 6,871 Capital expenditures 11,981 205 12,186 United States Canada Total (in thousands) 2014 Sales—external customers $ 1,117,404 $ 75,586 $ 1,192,990 Intercompany sales 43,739 — 43,739 Gross profit 109,901 12,004 121,905 Operating income 5,448 4,413 9,861 Interest income 17 67 84 Interest expense 19,557 14 19,571 Depreciation and amortization 31,244 263 31,507 Benefit (provision) for income taxes 4,725 (791 ) 3,934 Net (loss) income (7,678 ) 2,172 (5,506 ) Provision for losses on accounts receivable 2,042 81 2,123 Geographical area assets 422,812 21,413 444,225 Goodwill 3,697 3,174 6,871 Capital expenditures 26,353 190 26,543
Summary of Net Sales by Product Line	Net sales by product line are as follows: For the Years Ended October 31, 2016 2015 2014 (in thousands) Custom films $ 334,418 $ 357,742 $ 372,204 Stretch (pallet) wrap 323,876 332,857 361,067 Food contact 167,997 165,566 183,366 PROformance Films ® 52,270 63,158 76,698 Canliners 144,404 144,416 126,737 Printed and converted films 29,906 30,552 25,648 Other products and specialty films 42,959 47,100 47,270 Total $ 1,095,830 $ 1,141,391 $ 1,192,990

Accumulated Other Comprehensi38

Accumulated Other Comprehensive (Loss) Income (Tables)	12 Months Ended
	Oct. 31, 2016
Equity [Abstract]
Accumulated Balances Related to Component of Accumulated Other Comprehensive Loss	The accumulated balances at October 31, related to each component of accumulated other comprehensive loss are as follows: 2016 2015 2014 (in thousands) Foreign currency translation adjustments $ 24 $ 238 $ 1,400 Unrecognized prior service cost and actuarial losses related to Canadian and U.S. defined benefit pension plans, net of tax (1,601 ) (1,250 ) (1,541 ) Total accumulated other comprehensive loss $ (1,577 ) $ (1,012 ) $ (141 )

Quarterly Financial Data (Una39

Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Oct. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (Unaudited)	(16) Quarterly Financial Data (Unaudited) January 31, April 30, July 31, October 31, (in thousands, except per share data) 2016 Net sales $ 253,553 $ 273,162 $ 283,689 $ 285,426 Gross profit $ 43,727 $ 54,082 $ 46,203 $ 46,331 Net income $ 7,895 $ 13,780 (A) $ 6,269 $ 858 (B) Basic Earnings per Common Share: Net income per common share $ 1.55 $ 2.70 $ 1.23 $ 0.17 Diluted Earnings per Common Share: Net income per common share $ 1.54 $ 2.68 $ 1.22 $ 0.17 January 31, April 30, July 31, October 31, 2015 Net sales $ 275,439 $ 285,722 $ 301,982 $ 278,248 Gross profit $ 32,564 $ 49,816 $ 48,161 $ 51,121 Net income $ 476 $ 11,128 (C) $ 6,567 $ 10,666 (D) Basic Earnings per Common Share: Net income per common share $ 0.09 $ 2.19 $ 1.29 $ 2.09 Diluted Earnings per Common Share: Net income per common share $ 0.09 $ 2.18 $ 1.28 $ 2.08 Earnings per share are computed independently for each of the quarters presented. (A) Includes $0.7 million asset impairment charge related to the poor performance of a new machine. (B) Includes $4.1 million in transaction costs incurred related to the proposed Integrated Mergers (see Note 3), $1.5 million call premium paid and write-off (C) Includes $2.1 million in bad debt expense, pre-tax, (D) Includes a $1.2 million gain on the sale of a warehouse in the Company’s Texas facility and a $1.2 million asset impairment charge related to the poor performance of a new machine. All amounts before tax.

Significant Accounting Polici40

Significant Accounting Policies - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Nov. 16, 2016	Oct. 13, 2016
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Maturity of highly liquid investments	Three months or less
Past due balances of allowance for doubtful accounts receivables	90 days
Research and development costs	$ 2,000	$ 2,000	$ 2,000
Concentration Risk Customer	No single customer accounted for more than 10% of the Company's account receivable balance at October 31, 2016 or 2015.
Stock options outstanding	0	0	10,000
Stock option outstanding, anti-dilutive securities excluded from computation of EPS			16,168
Dividends payable	$ 1,278
Debt instrument percentage	8.25%
Deferred costs reclassified	$ 938	$ 2,111
Customer Concentration Risk [Member] | Sales [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk Percentage	10.00%	10.00%
Supplier Concentration Risk [Member] | Supplier A [Member] | Purchases [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk Percentage	28.00%	27.00%	28.00%
Supplier Concentration Risk [Member] | Supplier B [Member] | Purchases [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk Percentage	22.00%	22.00%	22.00%
Supplier Concentration Risk [Member] | Supplier C [Member] | Purchases [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk Percentage	13.00%	16.00%	17.00%
8.25% Senior Notes Due 2019 [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Debt instrument percentage	8.25%				8.25%
Deferred costs reclassified	$ 938	$ 2,111
Base Credit Facility [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Other assets	$ 600
Subsequent Event [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Dividends payable				$ 1,300
Accounts Receivable [Member] | Customer Concentration Risk [Member] | Sales [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Concentration Risk Percentage	10.00%	10.00%	10.00%

Significant Accounting Polici41

Significant Accounting Policies - Number of Shares Used in Calculating Basic and Diluted Earnings (Loss) Per Share (Detail) - shares	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Weighted average common shares outstanding:
Basic	5,110,049	5,093,878	5,323,131
Effect of dilutive securities:
Options to purchase shares of common stock	29,794	22,201
Diluted	5,139,843	5,116,079	5,323,131

Significant Accounting Polici42

Significant Accounting Policies - Schedule of Dividends Declared (Detail) - USD ($) $ / shares in Units, $ in Thousands	Nov. 16, 2016	Oct. 19, 2016	Aug. 16, 2016	Jul. 20, 2016	May 17, 2016	Apr. 20, 2016	Feb. 16, 2016	Jan. 13, 2016	Oct. 31, 2016
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Payment of dividends			$ 1,278		$ 1,278		$ 1,278		$ 3,834
Cash dividend declared		$ 0.25		$ 0.25		$ 0.25		$ 0.25	$ 1
Date dividend declared		Oct. 19, 2016		Jul. 20, 2016		Apr. 20, 2016		Jan. 13, 2016
Dividend payable date of record		Nov. 1, 2016		Aug. 1, 2016		May 2, 2016		Feb. 1, 2016
Dividend payment date		Nov. 16, 2016		Aug. 16, 2016		May 17, 2016		Feb. 16, 2016
Subsequent Event [Member]
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Payment of dividends	$ 1,278

Business Combination - Addition

Business Combination - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Aug. 24, 2016	Oct. 31, 2016	Oct. 31, 2016
Business Acquisition [Line Items]
Cash consideration per share	$ 110
Stock consideration per share	2.5011
Percentage of the acquired company's outstanding shares that will be exchanged for the cash	50.00%
Percentage of the acquired company's outstanding shares that will be exchanged for the acquiring company's stock	50.00%
Business combination merger termination fee	$ 20
Business combination documented expenses up on termination of agreement	$ 5
Merger related cost		$ 4.1
Merrill Lynch, Pierce, Fenner & Smith Incorporated [Member]
Business Acquisition [Line Items]
Merger related payments			$ 11.5
Merrill Lynch, Pierce, Fenner & Smith Incorporated [Member] | Financial Advisor [Member]
Business Acquisition [Line Items]
Merger related payments			$ 1

Inventories - Inventories (Deta

Inventories - Inventories (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Inventory Disclosure [Abstract]
Raw materials	$ 42,375	$ 47,593
Finished goods	67,466	66,484
Supplies	4,772	5,280
Inventory, gross	114,613	119,357
Less: LIFO reserve	(21,928)	(18,093)
Inventories, net	$ 92,685	$ 101,264

Inventories - Additional Inform

Inventories - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Inventory Disclosure [Abstract]
Percentage of inventory valued under LIFO method	89.00%	89.00%
Increase (decrease) in cost of sales due to inventory decrements	$ 1.5	$ 0.1	$ (2.4)

Property, Plant and Equipment -

Property, Plant and Equipment - Summary of Components of Property, Plant and Equipment and Their Estimated Useful Lives (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 614,304	$ 600,251
Less: Accumulated depreciation and amortization	434,638	406,258
Property, plant and equipment, net	179,666	193,993
Building [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	100,939	100,263
Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	471,078	459,247
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	26,062	25,725
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	290	290
Motor Vehicles [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 383	383
Estimated useful life	3 years
Land [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 11,743	11,777
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, plant and equipment, gross	$ 3,809	$ 2,566
Minimum [Member] | Building [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Minimum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Minimum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Minimum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	15 years
Maximum [Member] | Building [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	31 years 6 months
Maximum [Member] | Machinery and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	9 years
Maximum [Member] | Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	9 years
Maximum [Member] | Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful life	31 years 6 months

Property, Plant and Equipment47

Property, Plant and Equipment - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Apr. 30, 2016	Oct. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Property, Plant and Equipment [Line Items]
Maintenance and repairs expense			$ 16.3	$ 15.3	$ 15.2
Asset impairment charges			0.8	1.6	$ 0.3
Pending Litigation [Member]
Property, Plant and Equipment [Line Items]
Asset impairment charges	$ 0.7	$ 1.2	$ 0.7	$ 1.2

Intangible Assets - Changes in

Intangible Assets - Changes in Carrying Amount of Intangible Assets (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Acquired Finite-Lived Intangible Assets [Line Items]
Balance, Beginning	$ 3,481	$ 4,000	$ 4,518
Amortization	(524)	(519)	(518)
Balance, Ending	2,957	3,481	4,000
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Balance, Beginning	413	550	687
Amortization	(137)	(137)	(137)
Balance, Ending	276	413	550
Leasehold Interest [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Balance, Beginning		(5)	(11)
Amortization		5	6
Balance, Ending			(5)
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Balance, Beginning	3,068	3,455	3,842
Amortization	(387)	(387)	(387)
Balance, Ending	$ 2,681	$ 3,068	$ 3,455

Intangible Assets - Weighted Av

Intangible Assets - Weighted Average Amortization Periods Over Straight Line Basis (Detail)	12 Months Ended
	Oct. 31, 2016
Trade Names [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives	9 years
Customer Relationships [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives	12 years
Leasehold Interest [Member]
Acquired Finite-Lived Intangible Assets [Line Items]
Weighted average useful lives	7 years

Intangible Assets - Estimated F

Intangible Assets - Estimated Future Amortization Expense (Detail) $ in Thousands	Oct. 31, 2016USD ($)
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2,017	$ 479
2,018	479
2,019	397
2,020	397
2,021	397
Thereafter	808
Total estimated future amortization expense	$ 2,957

Accrued Expenses - Accrued Expe

Accrued Expenses - Accrued Expenses (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Payables and Accruals [Abstract]
Payroll and employee related	$ 16,021	$ 12,799
Customer rebates	10,141	8,952
Interest	461	688
Accrued income taxes	3,090	3,326
Accrual for performance units	6,947	5,451
Other	12,928	9,179
Accrued expenses	$ 49,588	$ 40,395

Accrued Expenses - Accrued Ex52

Accrued Expenses - Accrued Expenses (Parenthetical) (Detail)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015
Liabilities, Total [Member] | Current Liability [Member] | Maximum [Member]
Schedule Of Accrued Liabilities [Line Items]
Percentage of current liabilities to which individual items in other accrued expenses represented	5.00%	5.00%

Debt - Summary of Components of

Debt - Summary of Components of Debt (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Total debt	$ 135,525	$ 211,315
Total debt	135,525	211,315
Less: current portion	2,400	2,475
Long-term debt	133,125	208,840
Credit Facility [Member]
Debt Instrument [Line Items]
Total debt	1,300
Total debt	1,300
Pennsylvania Industrial Loan [Member]
Debt Instrument [Line Items]
Total debt		879
Total debt		879
Mortgage Loan Note [Member]
Debt Instrument [Line Items]
Total debt	2,843	2,974
Total debt	2,843	2,974
Capital Leases [Member]
Debt Instrument [Line Items]
Total debt	7,320	9,573
Total debt	7,320	9,573
Foreign Bank Borrowings [Member]
Debt Instrument [Line Items]
Total debt		0
Total debt		0
8.25% Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Total debt	124,062	197,889
Total debt	$ 124,062	$ 197,889

Debt - Summary of Components 54

Debt - Summary of Components of Debt (Parenthetical) (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Debt issuance costs, Net	$ 938	$ 2,111
8.25% Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt issuance costs, Net	$ 938	$ 2,111

Debt - Credit Facility - Additi

Debt - Credit Facility - Additional Information (Detail) - USD ($)	Oct. 13, 2016	Sep. 13, 2016	Jan. 29, 2016	Jan. 28, 2016	Oct. 31, 2016	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Borrowings outstanding under credit facility					$ 1,300,000	$ 1,300,000	$ 0
Debt instrument percentage					8.25%	8.25%
Repayment of debt						$ 76,547,000
Current borrowing capacity from credit facility					$ 65,000,000	65,000,000
Remaining fees capitalized related to the amended and restated credit facility						528,000
Base Credit Facility [Member]
Debt Instrument [Line Items]
Line of credit			$ 150,000,000
No. 2 or 3 Second Amended and Restated Loan and Security Agreement with Wells Fargo Bank, National Association		Sep. 13, 2016	Jan. 29, 2016
Maturity date of credit facility			Feb. 1, 2019
Weighted average borrowings under the Credit Facility						$ 900,000	$ 25,300,000
Weighted average interest rate						3.50%	2.80%
Debt instrument rate terms						LIBOR plus 1.50% to 2.00%, revised from 1.75% to 2.50%.
Debt instrument variable rate basis description						Under the credit facility, interest rates are based upon the Quarterly Average Excess Availability (as defined in the credit facility) at a margin of the prime rate (defined as the greater of Wells Fargo's prime rate and the Federal Funds rate plus 0.5%)
Percentage of monthly undrawn commitment fee			0.375%
Percentage of computation of monthly undrawn commitment fee milestone			50.00%
Percentage of monthly undrawn commitment fee, if less than 50% of maximum credit			0.375%
Percentage of monthly undrawn commitment fee, if 50% or more of maximum credit			0.25%
Line of credit facility undrawn commitment fee description						The Company is obligated to pay a monthly undrawn commitment fee equal to a percentage of the average daily unused portion of the commitments under the credit facility. Amendment No. 2 revised such fee from 0.375% per annum to (i) 0.375% per annum, if the sum of the average daily balance of loans and letters of credit accommodations in the month are less than 50% of the maximum credit, or (ii) 0.250% per annum, if the sum of the average daily balance of loans and letters of credit accommodations in the month are 50% or more of the maximum credit.
Borrowing base for eligible assets					146,900,000	$ 146,900,000	$ 150,000,000
Letters of credit outstanding					4,100,000	4,100,000	2,900,000
Availability under Credit Facility					$ 141,500,000	$ 141,500,000	147,100,000
Percentage of Company's ownership in foreign subsidiaries that secures credit facility						66.00%
Credit Facility Financial Covenant - Fixed Charge Coverage Ratio						$ 22,500,000
Fixed charge coverage ratio test					1.00%	1.00%
Specific amount of excess availability						$ 25,000,000
Credit Facility Financial Covenant - Springing Lock-Box						$ 25,000,000
Period for automatic repayments through lock-box remain in place						30 days
Excess availability under Credit Facility, minimum range						$ 124,000,000	86,200,000
Excess availability under Credit Facility, maximum range						145,900,000	$ 147,100,000
Remaining fees capitalized related to the amended and restated credit facility						500,000
Credit facility unamortized fees					$ 300,000	$ 300,000
Period of amortization of fees related to credit facility						36 months
Base Credit Facility [Member] | Federal Fund Rate [Member]
Debt Instrument [Line Items]
Debt instrument stated percentage interest rate			0.50%
Base Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Percentage of gross amount of eligible accounts receivable						10.00%
Base Credit Facility [Member] | Maximum [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Debt instrument stated percentage interest rate			0.25%
Base Credit Facility [Member] | Maximum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument stated percentage interest rate			2.00%	2.50%
Base Credit Facility [Member] | Maximum [Member] | Letter of Credit [Member]
Debt Instrument [Line Items]
Borrowings outstanding under credit facility			$ 20,000,000
Base Credit Facility [Member] | Minimum [Member] | Prime Rate [Member]
Debt Instrument [Line Items]
Debt instrument stated percentage interest rate			0.00%
Base Credit Facility [Member] | Minimum [Member] | LIBOR [Member]
Debt Instrument [Line Items]
Debt instrument stated percentage interest rate			1.50%	1.75%
8.25% Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument percentage	8.25%				8.25%	8.25%
Repayment of debt	$ 75,000,000				$ 75,000,000	$ 75,000,000

Debt - 8.25% Senior Notes due 2

Debt - 8.25% Senior Notes due 2019 - Additional Information (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 13, 2016	Oct. 31, 2016	Oct. 31, 2016
Debt Instrument [Line Items]
Debt instrument percentage	8.25%		8.25%	8.25%
Repayment of debt				$ 76,547
8.25% Senior Notes Due 2019 [Member]
Debt Instrument [Line Items]
Debt instrument percentage	8.25%	8.25%	8.25%	8.25%
Repayment of debt		$ 75,000	$ 75,000	$ 75,000
Outstanding loan - carrying amount		$ 200,000
Debt instrument redemption price percentage		2.06%
Debt instrument redemption price	$ 1,500	$ 1,500	1,500	1,500
Debt outstanding principal amount	125,000		$ 125,000	$ 125,000
Maturity date				Apr. 15, 2019
Percentage of principal amount of Notes offer to repurchase if certain changes in control				101.00%
Percentage of principal amount of Notes offer to repurchase if company sells certain assets				100.00%
Debt instrument redemption period start date				Apr. 15, 2016
Debt instrument redemption period end date				Apr. 15, 2017
Senior notes first semi annual interest due date				--04-15
Senior notes second semi annual interest due date				--10-15
8.25% Senior Notes Due 2019 [Member] | April 15, 2016 [Member]
Debt Instrument [Line Items]
Debt instrument redemption price percentage				102.06%
8.25% Senior Notes Due 2019 [Member] | April 15, 2017 [Member]
Debt Instrument [Line Items]
Debt instrument redemption price percentage				100.00%
8.25% Senior Notes Due 2019 [Member] | Debt Instrument Partial Redemption [Member]
Debt Instrument [Line Items]
Portion of capitalized fees amortized to interest expense	$ 600
Portion of capitalized fees amortized to interest expense,percentage	37.50%

Debt - Pennsylvania Industrial

Debt - Pennsylvania Industrial Loan - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Debt Instrument [Line Items]
Repayments of Pennsylvania industrial loan	$ (879)	$ (87)	$ (90)
Term loans interest rate	8.25%
Pennsylvania Industrial Loan [Member]
Debt Instrument [Line Items]
Repayments of Pennsylvania industrial loan	$ 900
Fixed Rate 4.75% Loan, Due November 1, 2023 [Member] | Pennsylvania Industrial Loan [Member]
Debt Instrument [Line Items]
Term loans interest rate	4.75%
Mortgage loan maturity date	Nov. 1, 2023

Debt - Mortgage Loan Note - Add

Debt - Mortgage Loan Note - Additional Information (Detail) - Mortgage Loan Note [Member]	12 Months Ended
	Oct. 31, 2016USD ($)
Debt Instrument [Line Items]
Mortgage loan principal amount	$ 3,400,000
Mortgage note interest rate	One-month LIBOR plus 1.75%
Mortgage loan note interest rate	1.75%
Mortgage loan maturity date	Aug. 1, 2022
Swap [Member]
Debt Instrument [Line Items]
Agreement with TD Bank, N.A. - notional value	$ 3,400,000
Mortgage loan note-percentage of interest rate after interest rate swap	3.52%
Interest rate swap agreement term	10 years
Interest rate swap maturity date	Jul. 25, 2022

Debt - Capital Leases - Additio

Debt - Capital Leases - Additional Information (Detail) - Capital Leases [Member]	12 Months Ended
	Oct. 31, 2016
Debt Instrument [Line Items]
Weighted average interest rate	3.70%
Minimum [Member]
Debt Instrument [Line Items]
Interest rates on the capital leases	3.50%
Maximum [Member]
Debt Instrument [Line Items]
Interest rates on the capital leases	4.50%

Debt - Schedule of Minimum Futu

Debt - Schedule of Minimum Future Lease Payments on Capitalized Leases (Detail) $ in Thousands	Oct. 31, 2016USD ($)
Debt Disclosure [Abstract]
2,017	$ 2,495
2,018	2,479
2,019	2,261
2,020	469
2,021	64
Thereafter	0
Total minimum lease payments	7,768
Less: Amounts representing interest	448
Present value of minimum lease payments	7,320
Less: Current portion of obligations under capital leases	2,264
Long-term portion of obligations under capital leases	5,056
Present value of minimum lease payments	$ 7,320

Debt - Foreign Bank Borrowings

Debt - Foreign Bank Borrowings - Additional Information (Detail) - Foreign Bank Borrowings [Member] CAD in Millions, $ in Millions	Oct. 31, 2016USD ($)	Oct. 31, 2016CAD	Oct. 31, 2015USD ($)	Oct. 31, 2015CAD
Debt Instrument [Line Items]
Amount outstanding under foreign subsidiary credit facility	$ 0		$ 0
Canada [Member]
Debt Instrument [Line Items]
Availability under Credit Facility	$ 3.7	CAD 5	$ 3.8	CAD 5

Debt - Principal Payments on Al

Debt - Principal Payments on All Debt Outstanding (Detail) $ in Thousands	Oct. 31, 2016USD ($)
Debt Instrument [Line Items]
2,017	$ 2,400
2,018	2,474
2,019	128,645
2,020	611
2,021	221
Thereafter	2,112
Total	136,463
Capital Leases [Member]
Debt Instrument [Line Items]
2,017	2,264
2,018	2,333
2,019	2,199
2,020	460
2,021	64
Total	7,320
Debt [Member]
Debt Instrument [Line Items]
2,017	136
2,018	141
2,019	126,446
2,020	151
2,021	157
Thereafter	2,112
Total	$ 129,143

Debt - Additional Information (

Debt - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Debt Disclosure [Abstract]
Cash paid for interest	$ 18.5	$ 17.9	$ 18.5
Interest on capitalized leases	$ 0.3	$ 0.4	$ 0.5

Debt - Carrying Value and Fair

Debt - Carrying Value and Fair Value of Company's Fixed Rate Debt (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Debt Instrument [Line Items]
Carrying Value	$ 134,225	$ 211,315
Fair Value	137,975	220,176
Debt issuance cost, carrying value	(938)	(2,111)
2019 Notes [Member]
Debt Instrument [Line Items]
Carrying Value	125,000	200,000
Fair Value	127,812	206,750
Mortgage Loan Note [Member]
Debt Instrument [Line Items]
Carrying Value	2,843	2,974
Fair Value	2,843	2,974
Pennsylvania Industrial Loan [Member]
Debt Instrument [Line Items]
Carrying Value		879
Fair Value		879
Capital Leases [Member]
Debt Instrument [Line Items]
Carrying Value	7,320	9,573
Fair Value	$ 7,320	$ 9,573

Debt - Carrying Value and Fai65

Debt - Carrying Value and Fair Value of Company's Fixed Rate Debt (Parenthetical) (Detail)	Oct. 31, 2016
Swap [Member] | Mortgage Loan Note [Member]
Debt Instrument [Line Items]
Mortgage loan note-percentage of interest rate after interest rate swap	3.52%

Pensions and Retirement Savin66

Pensions and Retirement Savings Plan - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Defined contribution plan	$ 4	$ 3.6	$ 3.8
Canada [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to defined benefit plan	0.2
United States [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected contribution to defined benefit plan	0.1
Defined Contribution Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Company's contribution	$ 0.2	0.2	0.2
Percent Match	4.50%
Additional matching contribution	50.00%
Maximum employee contribution	5.00%
Defined Contribution Plan [Member] | Maximum [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent Match	7.00%
401(k) Savings and Employee Stock Ownership Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Company's contribution	$ 3.3	$ 3.1	$ 3.1
Company's contributions to the Plan Matching 100% of 3% of participants contribution	100.00%
Company's contributions to the Plan Matching 50% of 2% of participants contribution	50.00%
Company's common stock held by the Plan	109,551
Percentage of common shares outstanding	2.00%
401(k) Savings and Employee Stock Ownership Plan [Member] | 100% Match for Percent of Participants Contribution [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent Match	3.00%
401(k) Savings and Employee Stock Ownership Plan [Member] | 50% Match for Percent of Participants Contribution [Member]
Defined Benefit Plan Disclosure [Line Items]
Percent Match	2.00%

Pensions and Retirement Savin67

Pensions and Retirement Savings Plan - Components of Net Periodic Pension Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plan, Net Periodic Benefit Cost [Abstract]
Service cost	$ 162	$ 170	$ 276
Interest cost	332	343	388
Expected return on assets	(380)	(430)	(440)
Curtailment, settlement loss			53
Amortization of net actuarial loss	38	46	56
Amortization of prior service cost	99	106	119
Net periodic pension cost	$ 251	$ 235	$ 452

Pensions and Retirement Savin68

Pensions and Retirement Savings Plan - Estimated Net Actuarial Loss and Prior Service Cost (Detail) $ in Thousands	12 Months Ended
	Oct. 31, 2016USD ($)
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year [Abstract]
Amortization of prior service cost	$ 99
Amortization of net actuarial loss	85
Total	$ 184

Pensions and Retirement Savin69

Pensions and Retirement Savings Plan - Reconciliation of Change in Benefit Obligation (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Change in benefit obligation:
Pension benefit obligation at beginning of year	$ 7,743	$ 8,708
Service cost	162	170	$ 276
Interest cost	332	343	388
Benefit and expense payments	(364)	(554)
Actuarial losses (gains)	650	(60)
Foreign currency exchange rate impact	(142)	(864)
Pension benefit obligation at end of year	8,381	7,743	8,708
Change in plan assets:
Fair value of plan assets at beginning of year	6,786	7,464
Company contributions	374	430
Benefit and expense payments	(364)	(554)
Actual return on plan assets	382	332
Foreign currency exchange rate impact	(145)	(886)
Fair value of plan assets at end of year	7,033	6,786	7,464
Funded status-consolidated	(1,348)	(957)
Amounts recognized in the consolidated balance sheets consist of:
Other long-term liabilities	(1,348)	(1,309)
Other assets		352
Amounts recognized in accumulated other comprehensive (loss):
Prior service cost	(334)	(442)
Net actuarial loss	(1,912)	(1,328)
Tax effect	645	520
Net amount recognized, after tax	(1,601)	(1,250)	$ (1,541)
Accumulated benefit obligation	8,381	7,743
Canada [Member]
Change in plan assets:
Funded status-consolidated	(177)	352
United States [Member]
Change in plan assets:
Funded status-consolidated	$ (1,171)	$ (1,309)

Pensions and Retirement Savin70

Pensions and Retirement Savings Plan - Weighted Average Actual Asset Allocations and Target Allocation of Pension Plan Assets (Detail)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Actual asset allocation	100.00%	100.00%
Target allocation	100.00%
Cash [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Actual asset allocation	4.00%	6.00%
Target allocation	3.00%
Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Actual asset allocation	60.00%	61.00%
Target allocation	60.00%
Debt Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Actual asset allocation	36.00%	33.00%
Target allocation	37.00%

Pensions and Retirement Savin71

Pensions and Retirement Savings Plan - Weighted Average Assumptions Used to Determine Company's Benefit Obligations (Detail)	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Benefit Obligation [Abstract]
Discount rate	4.00%	4.00%	4.00%
Salary progression rate	0.00%	0.00%	0.00%

Pensions and Retirement Savin72

Pensions and Retirement Savings Plan - Weighted Average Assumptions Used to Determine Company's Net Periodic Benefit Cost (Detail)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plan, Weighted Average Assumptions Used in Calculating Net Periodic Benefit Cost [Abstract]
Discount rate	4.00%	4.00%	5.00%
Salary progression rate	0.00%	0.00%	0.00%
Expected long-term rate of return on plan assets	6.00%	6.00%	6.00%

Pensions and Retirement Savin73

Pensions and Retirement Savings Plan - Expected Benefit Payments Based on Assumptions Used to Measure Company Benefit Obligation (Detail) $ in Thousands	Oct. 31, 2016USD ($)
Postemployment Benefits [Abstract]
2,017	$ 212
2,018	253
2,019	297
2,020	344
2,021	375
2022-2026, in the aggregate	$ 2,454

Pensions and Retirement Savin74

Pensions and Retirement Savings Plan - Fair Values by Category of the Plan Assets (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	$ 7,033	$ 6,786	$ 7,464
Fair Value, Inputs, Level 1 [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	1,067	1,076
Fair Value, Inputs, Level 1 [Member] | Cash [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	15	26
Fair Value, Inputs, Level 1 [Member] | Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	674	668
Fair Value, Inputs, Level 1 [Member] | Fixed Income / Debt Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	378	382
Fair Value, Inputs, Level 2 [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	5,966	5,710
Fair Value, Inputs, Level 2 [Member] | Cash [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	315	371
Fair Value, Inputs, Level 2 [Member] | Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	3,525	3,486
Fair Value, Inputs, Level 2 [Member] | Fixed Income / Debt Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	2,093	1,821
Fair Value, Inputs, Level 2 [Member] | Other [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	33	32
Fair Value [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	7,033	6,786
Fair Value [Member] | Cash [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	330	397
Fair Value [Member] | Equity Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	4,199	4,154
Fair Value [Member] | Fixed Income / Debt Securities [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	2,471	2,203
Fair Value [Member] | Other [Member]
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Fair value by category of inputs	$ 33	$ 32

Shareholders' Equity - Total Sh

Shareholders' Equity - Total Share-Based Compensation Expense Related to Company's Share-Based Plans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation (income) expense	$ 8,817	$ 8,403	$ 1,073
Cost of Sales [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation (income) expense	1,866	1,805	86
Selling Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation (income) expense	1,509	1,574	103
General and Administrative Expense [Member]
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total share-based compensation (income) expense	$ 5,442	$ 5,024	$ 884

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($)	Apr. 12, 2016	Apr. 14, 2015	Apr. 08, 2014	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Feb. 28, 2014	Apr. 09, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation (income) expense				$ 8,817,000	$ 8,403,000	$ 1,073,000
Current liability related to outstanding units				6,900,000	5,500,000
Long-term liability related to outstanding units				$ 5,600,000	$ 4,300,000
Issuance of preferred shares				1,000,000
Preferred stock, par value				$ 1	$ 1
Series A Junior Participating Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, par value				$ 1	$ 1
February 2014 Stock Repurchase Program [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock repurchase							$ 10,000,000
Increase in share repurchase program			$ 10,000,000
Stock repurchased during period, shares						529,312
Share repurchases, price paid per share						$ 37.76
Stock repurchased during period, value						$ 20,000,000
Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option granted				43,571	148,497	52,896
Share-based compensation (income) expense				$ 8,500,000	$ 8,100,000	$ 700,000
Adjusted EBITDA, target maximum				100.00%
Adjusted EBITDA, target minimum				80.00%		80.00%
Unit vesting period				5 years
Payment of Performance Units				$ 3,500,000	$ 1,600,000	$ 2,400,000
Common shares issued				860	867	1,067
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option granted				0	0	0
Option Plan, Forfeited/Cancelled				0	0	0
Option Plan, Expired				0	0	0
Compensation costs capitalized in inventory or any other assets				$ 0	$ 0	$ 0
Excess tax benefits				$ 0	1,100,000
Fair value of the options, less expected forfeitures, amortized period				5 years
Unrecognized compensation cost related to non-vested stock options				$ 13,000
Weighted-average period expected recognized				4 months 24 days
Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation (income) expense				$ 300,000	300,000	300,000
Restricted stock granted to each non-employee director	4,380	4,745	7,575
Unrecognized compensation cost				$ 100,000
Share-based compensation cost associated with restricted stock, recognition period				5 months
Restricted Stock Awards [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation cost associated with restricted stock, recognition period				1 year
2013 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Incentive plan aggregate number of shares approved								375,000
Shares available to be issued under share based plan				166,534
2013 Plan [Member] | Restricted Stock Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Grant date fair value of restricted stock granted to each non-employee director				$ 55,000
Stockholder Rights Plan [Member] | Series A Junior Participating Preferred Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Preferred stock, par value				$ 1
Preferred stock, purchase price per 1,000 rights				$ 330
Number of right on each share of common stock				1
Termination period of rights plan				3 years
Percentage of ownership				10.00%
Shares of series A junior participating preferred stock eligible for purchase with a single right				0.001
Rights plan ending date				Mar. 31, 2017
2005 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option plan expiration date				October 2,013
2005 Option Plan [Member] | Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation (income) expense				$ 41,000	$ 65,000	$ 96,000

Shareholders' Equity - Summary

Shareholders' Equity - Summary of Company's Stock Options and Changes During the Period (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Summary of Company's Stock Option Plans
Option Plan, options exercisable	0
2005 Option Plan [Member]
Summary of Company's Stock Option Plans
Option Plan, options exercisable	0
Stock Options [Member]
Summary of Company's Stock Option Plans
Weighted Average Exercise Price per Option, Options outstanding, Beginning Balance	$ 29.98	$ 29.62	$ 29.62
Weighted Average Exercise Price per Option, Exercised	33.81	28.40
Weighted Average Exercise Price per Option, Options outstanding, Ending Balance	29.41	$ 29.98	$ 29.62
Option plan
Weighted Average Exercise Price per Option, Vested and expected to vest	29.41
Weighted Average Exercise Price per Option, Exercisable	$ 29.23
Weighted Average Remaining Contractual Term (years)
Weighted Average Remaining Contractual Term, Options outstanding	3 years	3 years 8 months 12 days
Weighted Average Remaining Contractual Term, Vested and expected to vest	3 years
Weighted Average Remaining Contractual Term, Exercisable	2 years 10 months 24 days
Aggregate Intrinsic Value
Aggregate Intrinsic Value, Options outstanding	$ 3,911	$ 2,801
Aggregate Intrinsic Value, Vested and expected to vest	3,911
Aggregate Intrinsic Value, Exercisable	$ 3,759
Stock Options [Member] | 2005 Option Plan [Member]
Summary of Company's Stock Option Plans
Option Plan, Options outstanding, Beginning Balance	56,000	72,446	72,446
Option Plan, Exercised	(7,200)	(16,446)
Option Plan, Options outstanding, Ending Balance	48,800	56,000	72,446
Option Plan, Vested and expected to vest	48,800
Option Plan, options exercisable	46,800	50,400	61,646	50,846
Stock Options [Member] | Minimum [Member]
Option plan
Option Price Per Share, Options outstanding, Beginning Balance	$ 17.07	$ 17.07	$ 17.07
Option Price Per Share, Exercised	33.67	17.07
Option Price Per Share, Options outstanding, Ending Balance	17.07	17.07	17.07
Stock Options [Member] | Maximum [Member]
Option plan
Option Price Per Share, Options outstanding, Beginning Balance	42.60	42.60	42.60
Option Price Per Share, Exercised	33.84	42.60
Option Price Per Share, Options outstanding, Ending Balance	$ 42.60	$ 42.60	$ 42.60

Shareholders' Equity - Summar78

Shareholders' Equity - Summary of Company's Stock Options and Changes During the Period (Parenthetical) (Detail) - $ / shares	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014	Oct. 31, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, options exercisable	0
2005 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, options exercisable	0
Stock Options [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercised, exercise price	$ 33.81	$ 28.40
Stock Options [Member] | Exercise Price of $33.84 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercised	2,000
Options, exercised, exercise price	$ 33.84
Stock Options [Member] | Exercise Price of $33.67 [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options, exercised	1,200
Options, exercised, exercise price	$ 33.67
Stock Options [Member] | 2005 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, options exercisable	46,800	50,400	61,646	50,846
Options, exercised	7,200	16,446
Common stock tendered for the payment of exercise price	1,293

Shareholders' Equity - Summar79

Shareholders' Equity - Summary of Stock Option Activity (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Total intrinsic value of stock options exercised	$ 314	$ 439
Total fair value of stock options vested	$ 54	$ 80	$ 155

Shareholders' Equity - Summar80

Shareholders' Equity - Summary of Non-Vested Stock Options and Changes During the Period (Detail)	12 Months Ended
	Oct. 31, 2016$ / sharesshares
Non-vested stock options
Non-vested, Shares, Beginning Balance | shares	5,600
Vested, Shares | shares	(3,600)
Non-vested, Shares, Ending Balance | shares	2,000
Weighted Average Grant Date Fair Value
Non-vested, Weighted Average Grant Date Fair Value, Beginning Balance | $ / shares	$ 15.33
Vested, Weighted Average Grant Date Fair Value | $ / shares	15.08
Non-vested, Weighted Average Grant Date Fair Value, Ending Balance | $ / shares	$ 15.79

Shareholders' Equity - Summar81

Shareholders' Equity - Summary of Unit and Changes During the Period (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable at October 31, 2016	0
2005 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable at October 31, 2016	0
2013 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable at October 31, 2016	0
Performance Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, Options outstanding, Beginning Balance	228,599	129,311	204,161
Units granted	43,571	148,497	52,896
Units exercised	(75,073)	(44,209)	(73,650)
Units forfeited or cancelled	(2,600)	(5,000)	(54,096)
Option Plan, Options outstanding, Ending Balance	194,497	228,599	129,311
Vested and expected to vest at October 31, 2016	188,497
Weighted Average Exercise Price, Units granted	$ 0
Weighted Average Exercise Price, Units exercised	0	$ 0	$ 0
Weighted Average Exercise Price, Units outstanding, Ending Balance	0
Weighted Average Exercise Price, Units vested and expected to vest	$ 0
Weighted Average Remaining Contractual Term, Units outstanding	1 year 6 months	1 year 7 months 6 days
Weighted Average Remaining Contractual Term, Units vested and expected to vest	1 year 6 months
Units exercised, Aggregate intrinsic value	$ 5,820	$ 2,454	$ 3,890
Units outstanding, Aggregate intrinsic value	21,307	$ 18,288
Vested and expected to vest, Aggregate intrinsic value	20,650
Exercisable, Aggregate intrinsic value	$ 0
Performance Units [Member] | 2005 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, Options outstanding, Beginning Balance	83,102	129,311	204,161
Units exercised	(43,016)	(44,209)	(73,650)
Units forfeited or cancelled	(600)	(2,000)	(1,200)
Option Plan, Options outstanding, Ending Balance	39,486	83,102	129,311
Vested and expected to vest at October 31, 2016	39,486
Performance Units [Member] | 2013 Option Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Option Plan, Options outstanding, Beginning Balance	145,497
Units granted	43,571	148,497	52,896
Units exercised	(32,057)
Units forfeited or cancelled	(2,000)	(3,000)	(52,896)
Option Plan, Options outstanding, Ending Balance	155,011	145,497
Vested and expected to vest at October 31, 2016	149,011

Shareholders' Equity - Summar82

Shareholders' Equity - Summary of Unit and Changes During the Period (Parenthetical) (Detail) - Performance Units [Member]	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Adjusted EBITDA, target minimum	80.00%		80.00%
Adjusted EBITDA actual goal achieved	100.00%	100.00%

Income Taxes - U.S. and Foreign

Income Taxes - U.S. and Foreign Components of Income (Loss) from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Tax Disclosure [Abstract]
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	$ 44,243	$ 43,171	$ (12,403)
Income (Loss) from Continuing Operations before Income Taxes, Extraordinary Items, Noncontrolling Interest	2,279	1,074	2,963
Total	$ 46,522	$ 44,245	$ (9,440)

Income Taxes - (Provision) Bene

Income Taxes - (Provision) Benefit for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Current:
Federal	$ (12,799)	$ (6,646)	$ (108)
State	(2,339)	(2,816)	206
Foreign	(723)	(376)	(952)
Current, Total	(15,861)	(9,838)	(854)
Deferred:
Federal	(2,101)	(6,102)	4,412
State	301	589	475
Foreign	(59)	(57)	(99)
Deferred, Total	(1,859)	(5,570)	4,788
(Provision) benefit for income taxes	$ (17,720)	$ (15,408)	$ 3,934

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Taxes [Line Items]
Undistributed earnings of Company's Canadian subsidiary	$ 14,300,000	$ 13,000,000
Accrued taxes attributable to the repatriation	7,900,000
Foreign withholding taxes	700,000
Tax credit carryforwards	$ 3,400,000
Statutory rate	35.00%	35.00%	35.00%
Interest and penalties	$ 58,000	$ 53,000
Cash paid for income taxes	$ 16,000,000	$ 3,600,000	$ 2,000,000
Tax Years 2012 Through 2014 [Member]
Income Taxes [Line Items]
Number of states under current examination	1
Tax Years Prior To 2012 [Member]
Income Taxes [Line Items]
Number of states under examination	0

Income Taxes - Deferred Tax Ass

Income Taxes - Deferred Tax Asset Liabilities (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015
Deferred income tax assets:
Allowance for doubtful accounts	$ 2,709	$ 1,937
Inventories	909	924
Alternative minimum tax credits carryforwards		3,264
State net operating loss carryforwards	62	716
Stock based compensation	5,324	4,810
Capital loss carryforwards	23	30
Foreign tax credits carryforwards	7,112	7,422
Other	2,696	1,973
Total gross deferred tax assets	18,835	21,076
Valuation allowance	(23)	(30)
Total net deferred tax asset	18,812	21,046
Deferred tax liabilities:
Depreciation	(23,319)	(23,856)
Deferred tax liability on undistributed earnings of foreign subsidiary	(7,901)	(7,250)
Deferred gain on redemption of senior notes	(761)	(1,187)
Basis differences related to acquisitions	(5,275)	(5,275)
Other	(1,269)	(1,622)
Total gross deferred tax liabilities	(38,525)	(39,190)
Total net deferred tax liabilities	$ (19,713)	$ (18,144)

Income Taxes - Net Loss Carryfo

Income Taxes - Net Loss Carryforwards and Foreign Tax Credits Before Valuation Allowances (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015
Operating Loss And Capital Loss Tax Credit Carryforwards [Line Items]
Foreign tax credits carryforwards, Related Tax Amount	$ 7,112
State net operating loss carryforwards, Deferred Tax Asset	62	$ 716
Capital loss carryforwards, Deferred Tax Asset	23	30
Foreign tax credits carryforwards, Deferred Tax Asset	7,112	$ 7,422
State and Local Jurisdiction [Member]
Operating Loss And Capital Loss Tax Credit Carryforwards [Line Items]
State net operating loss carryforwards, Related Tax Amount	96
State net operating loss carryforwards, Deferred Tax Asset	$ 62
State net operating loss carryforwards, Expiration Date	2,027
Canada [Member]
Operating Loss And Capital Loss Tax Credit Carryforwards [Line Items]
Capital loss carryforwards, Related Tax Amount	$ 179
Capital loss carryforwards, Deferred Tax Asset	$ 23
Capital loss carryforwards, Expiration Date	Indefinite
Foreign Tax Authority [Member] | Minimum [Member]
Operating Loss And Capital Loss Tax Credit Carryforwards [Line Items]
Foreign tax credit carryforwards, Expiration Date	2,025
Foreign Tax Authority [Member] | Maximum [Member]
Operating Loss And Capital Loss Tax Credit Carryforwards [Line Items]
Foreign tax credit carryforwards, Expiration Date	2,026

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of (Provision) Benefit for Income Taxes on Income (Loss) from Continuing Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Income Tax Disclosure [Abstract]
Provision at statutory rate	$ (16,283)	$ (15,486)	$ 3,304
State tax provision, net of federal tax benefit	(1,324)	(1,448)	443
Differential in the U.S. and Canadian statutory rate	211	100	275
Foreign taxes paid and accrued	(147)	(153)	(260)
Net permanent adjustments	253	1,678
Other, net	(430)	(99)	172
(Provision) benefit for income taxes	$ (17,720)	$ (15,408)	$ 3,934

Commitments and Contingencies -

Commitments and Contingencies - Additional Information (Detail) $ in Millions	12 Months Ended
	Oct. 31, 2016USD ($)Employees	Oct. 31, 2015USD ($)	Oct. 31, 2014USD ($)
Commitments and Contingencies Disclosure [Abstract]
Rental expense under leases | $	$ 8.6	$ 8.3	$ 8.1
Number of employees having employment contracts | Employees	7

Commitments and Contingencies90

Commitments and Contingencies - Schedule of Minimum Rental Payments on Operating Leases (Detail) $ in Thousands	Oct. 31, 2016USD ($)
Operating lease
2,017	$ 8,081
2,018	6,901
2,019	5,144
2,020	3,665
2,021	3,050
Thereafter	6,148
Total minimum lease payments	$ 32,989

Segment and Geographic Inform91

Segment and Geographic Information - Additional Information (Detail)	12 Months Ended
	Oct. 31, 2016BusinessSegments
Segment Reporting [Abstract]
Number of business segments	1

Segment and Geographic Inform92

Segment and Geographic Information - Company's Operations by Geographical Area (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Revenues from External Customers and Long-Lived Assets [Line Items]
Sales-external customers	$ 285,426	$ 283,689	$ 273,162	$ 253,553	$ 278,248	$ 301,982	$ 285,722	$ 275,439	$ 1,095,830	$ 1,141,391	$ 1,192,990
Intercompany sales									37,444	39,429	43,739
Gross profit	46,331	46,203	54,082	43,727	51,121	48,161	49,816	32,564	190,343	181,662	121,905
Operating income									66,507	62,718	9,861
Interest income									38	58	84
Interest expense									19,882	18,790	19,571
Depreciation and amortization									29,476	31,567	31,507
Benefit (provision) for income taxes									(17,720)	(15,408)	3,934
Net (loss) income	858	$ 6,269	$ 13,780	$ 7,895	10,666	$ 6,567	$ 11,128	$ 476	28,802	28,837	(5,506)
Provision for losses on accounts receivable and inventories									450	2,842	2,123
Geographical area assets	392,631				438,094				392,631	438,094	444,225
Goodwill	6,871				6,871				6,871	6,871	6,871
Capital expenditures									15,915	12,186	26,543
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Sales-external customers									1,030,603	1,073,417	1,117,404
Intercompany sales									37,444	39,429	43,739
Gross profit									179,709	171,589	109,901
Operating income									62,441	60,231	5,448
Interest income										32	17
Interest expense									19,873	18,780	19,557
Depreciation and amortization									29,233	31,321	31,244
Benefit (provision) for income taxes									(17,085)	(15,128)	4,725
Net (loss) income									27,158	28,043	(7,678)
Provision for losses on accounts receivable and inventories									348	2,099	2,042
Geographical area assets	375,534				413,992				375,534	413,992	422,812
Goodwill	3,697				3,697				3,697	3,697	3,697
Capital expenditures									15,868	11,981	26,353
Canada [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Sales-external customers									65,227	67,974	75,586
Gross profit									10,634	10,073	12,004
Operating income									4,066	2,487	4,413
Interest income									38	26	67
Interest expense									9	10	14
Depreciation and amortization									243	246	263
Benefit (provision) for income taxes									(635)	(280)	(791)
Net (loss) income									1,644	794	2,172
Provision for losses on accounts receivable and inventories									102	743	81
Geographical area assets	17,097				24,102				17,097	24,102	21,413
Goodwill	$ 3,174				$ 3,174				3,174	3,174	3,174
Capital expenditures									$ 47	$ 205	$ 190

Segment and Geographic Inform93

Segment and Geographic Information - Summary of Net Sales by Product Line (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Revenue from External Customer [Line Items]
NET SALES	$ 285,426	$ 283,689	$ 273,162	$ 253,553	$ 278,248	$ 301,982	$ 285,722	$ 275,439	$ 1,095,830	$ 1,141,391	$ 1,192,990
Custom Films [Member]
Revenue from External Customer [Line Items]
NET SALES									334,418	357,742	372,204
Stretch (Pallet) Wrap [Member]
Revenue from External Customer [Line Items]
NET SALES									323,876	332,857	361,067
Food Contact [Member]
Revenue from External Customer [Line Items]
NET SALES									167,997	165,566	183,366
Canliners [Member]
Revenue from External Customer [Line Items]
NET SALES									144,404	144,416	126,737
PROformance Films [Member]
Revenue from External Customer [Line Items]
NET SALES									52,270	63,158	76,698
Printed and Converted Films [Member]
Revenue from External Customer [Line Items]
NET SALES									29,906	30,552	25,648
Other Products and Specialty Films [Member]
Revenue from External Customer [Line Items]
NET SALES									$ 42,959	$ 47,100	$ 47,270

Accumulated Other Comprehensi94

Accumulated Other Comprehensive (Loss) Income - Accumulated Balances Related to Component of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Equity [Abstract]
Foreign currency translation adjustments	$ 24	$ 238	$ 1,400
Unrecognized prior service cost and actuarial losses related to Canadian and U.S. defined benefit pension plans, net of tax	(1,601)	(1,250)	(1,541)
Total accumulated other comprehensive loss	$ (1,577)	$ (1,012)	$ (141)

Accumulated Other Comprehensi95

Accumulated Other Comprehensive (Loss) Income - Additional Information (Detail) - USD ($) $ in Millions	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Equity [Abstract]
Accumulated other comprehensive loss related to the Company's pension plans net of tax benefits	$ 0.6	$ 0.5	$ 0.6

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Related Party One [Member]
Related Party Transaction [Line Items]
Related Party Transactions	$ 1,107,513	$ 42,904	$ 71,619
Company owed Related Party Transactions	582,000	20,716
Related Party Two [Member]
Related Party Transaction [Line Items]
Related Party Transactions	88,263	79,720	56,610
Company owed Related Party Transactions	0	0
Related Party Three [Member]
Related Party Transaction [Line Items]
Related Party Transactions, Sales	916,183	746,549	$ 650,591
Company owed from Related Party Transactions	$ 188,147	$ 152,722

Quarterly Financial Data (Una97

Quarterly Financial Data (Unaudited) (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Oct. 31, 2016	Jul. 31, 2016	Apr. 30, 2016	Jan. 31, 2016	Oct. 31, 2015	Jul. 31, 2015	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Quarterly Financial Information Disclosure [Abstract]
NET SALES	$ 285,426	$ 283,689	$ 273,162	$ 253,553	$ 278,248	$ 301,982	$ 285,722	$ 275,439	$ 1,095,830	$ 1,141,391	$ 1,192,990
Gross profit	46,331	46,203	54,082	43,727	51,121	48,161	49,816	32,564	190,343	181,662	121,905
Net income	$ 858	$ 6,269	$ 13,780	$ 7,895	$ 10,666	$ 6,567	$ 11,128	$ 476	$ 28,802	$ 28,837	$ (5,506)
Basic Earnings per Common Share:
Net income per common share	$ 0.17	$ 1.23	$ 2.70	$ 1.55	$ 2.09	$ 1.29	$ 2.19	$ 0.09	$ 5.64	$ 5.66	$ (1.03)
Diluted Earnings per Common Share:
Net income per common share	$ 0.17	$ 1.22	$ 2.68	$ 1.54	$ 2.08	$ 1.28	$ 2.18	$ 0.09	$ 5.60	$ 5.64	$ (1.03)

Quarterly Financial Data (Una98

Quarterly Financial Data (Unaudited) (Parenthetical) (Detail) - USD ($) $ in Thousands	Oct. 13, 2016	Oct. 31, 2016	Apr. 30, 2016	Oct. 31, 2015	Apr. 30, 2015	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Schedule Of Quarterly Financial Data [Line Items]
Asset impairment charges						$ 800	$ 1,600	$ 300
Transaction costs		$ 4,100				$ 4,100
Debt instrument percentage		8.25%				8.25%
Repayment of debt						$ 76,547
Bad debt expense due to bankruptcy of customers					$ 2,100
Pending Litigation [Member]
Schedule Of Quarterly Financial Data [Line Items]
Asset impairment charges			$ 700	$ 1,200		$ 700	$ 1,200
Warehouse [Member]
Schedule Of Quarterly Financial Data [Line Items]
Gain on sale of warehouse				$ 1,200
8.25% Senior Notes Due 2019 [Member]
Schedule Of Quarterly Financial Data [Line Items]
Debt instrument percentage	8.25%	8.25%				8.25%
Debt instrument redemption price	$ 1,500	$ 1,500				$ 1,500
Repayment of debt	$ 75,000	75,000				$ 75,000
Portion of capitalized fees amortized to interest expense		$ 600

Schedule II - Valuation and Q99

Schedule II - Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Oct. 31, 2016	Oct. 31, 2015	Oct. 31, 2014
Allowance for Doubtful Accounts [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances and Reserves, Balance	$ 5,432	$ 2,831	$ 2,992
Valuation Allowances and Reserves, Charged to Cost and Expense	384	2,827	94
Valuation Allowances and Reserves, Deductions	95	176	243
Valuation Allowances and Reserves, Foreign Exchange and Other	(19)	(50)	(12)
Valuation Allowances and Reserves, Balance	5,702	5,432	2,831
Inventories [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances and Reserves, Balance	5	112	115
Valuation Allowances and Reserves, Charged to Cost and Expense	66	15	26
Valuation Allowances and Reserves, Deductions	65	106	20
Valuation Allowances and Reserves, Foreign Exchange and Other	(1)	(16)	(9)
Valuation Allowances and Reserves, Balance	5	5	112
Allowance For Uncollectible Note Receivable [Member]
Valuation and Qualifying Accounts Disclosure [Line Items]
Valuation Allowances and Reserves, Balance	1,920	2,003
Valuation Allowances and Reserves, Charged to Cost and Expense			2,003
Valuation Allowances and Reserves, Deductions		83
Valuation Allowances and Reserves, Balance	$ 1,920	$ 1,920	$ 2,003