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Document and Entity Information - shares	9 Months Ended
Document and Entity Information - shares	Aug. 03, 2012	Aug. 21, 2012
Document and Entity Information
Entity Registrant Name	TORO CO
Entity Central Index Key	0000737758
Document Type	10-Q
Document Period End Date	Aug. 03, 2012
Amendment Flag	false
Current Fiscal Year End Date	--10-31
Entity Current Reporting Status	Yes
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		58,736,691
Document Fiscal Year Focus	2012
Document Fiscal Period Focus	Q3

Condensed Consolidated Statements of Earnings - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Aug. 03, 2012	Jul. 29, 2011	Aug. 03, 2012	Jul. 29, 2011
Net sales	$ 504,076	$ 501,045	$ 1,619,396	$ 1,515,858
Cost of sales	325,954	333,384	1,059,201	997,998
Gross profit	178,122	167,661	560,195	517,860
Selling, general, and administrative expense	117,137	112,937	358,689	342,580
Operating earnings	60,985	54,724	201,506	175,280
Interest expense	(4,198)	(4,294)	(12,791)	(12,596)
Other income, net	2,681	1,861	5,231	4,560
Earnings before income taxes	59,468	52,291	193,946	167,244
Provision for income taxes	18,919	17,200	64,656	54,621
Net earnings	$ 40,549	$ 35,091	$ 129,290	$ 112,623
Basic net earnings per share of common stock (in dollars per share)	$ 0.69	$ 0.56	$ 2.17	$ 1.79
Diluted net earnings per share of common stock (in dollars per share)	$ 0.67	$ 0.55	$ 2.13	$ 1.76
Weighted-average number of shares of common stock outstanding - Basic (in shares)	59,045	62,353	59,642	62,982
Weighted-average number of shares of common stock outstanding - Diluted (in shares)	60,336	63,479	60,829	64,125

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Aug. 03, 2012	Oct. 31, 2011	Jul. 29, 2011
ASSETS
Cash and cash equivalents	$ 143,058	$ 80,886	$ 118,113
Receivables, net	197,023	148,140	199,012
Inventories, net	234,790	223,030	232,362
Prepaid expenses and other current assets	24,436	18,303	20,256
Deferred income taxes	62,368	62,523	59,908
Total current assets	661,675	532,882	629,651
Property, plant, and equipment	666,301	654,650	642,642
Less accumulated depreciation	488,578	463,510	454,994
Property, plant, and equipment, net	177,723	191,140	187,648
Deferred income taxes	76		965
Other assets	20,646	19,075	20,424
Goodwill	92,070	92,020	92,046
Other intangible assets, net	34,338	35,546	36,813
Total assets	986,528	870,663	967,547
LIABILITIES AND STOCKHOLDERS' EQUITY
Current portion of long-term debt	1,858	1,978	2,728
Short-term debt		41	53
Accounts payable	124,168	118,036	126,688
Accrued liabilities	278,797	239,025	268,200
Total current liabilities	404,823	359,080	397,669
Long-term debt, less current portion	223,467	225,178	225,162
Deferred revenue	11,289	10,619	10,776
Deferred income taxes	1,380	1,368
Other long-term liabilities	7,822	7,651	7,560
Stockholders' equity:
Preferred stock, par value $1.00 per share, authorized 1,000,000 voting and 850,000 non-voting shares, none issued and outstanding
Common stock, par value $1.00 per share, authorized 100,000,000 shares, issued and outstanding 58,771,336 shares as of August 3, 2012, 61,283,414 shares as of July 29, 2011, and 59,206,190 shares as of October 31, 2011	58,771	59,206	61,283
Retained earnings	289,892	214,387	266,949
Accumulated other comprehensive loss	(10,916)	(6,826)	(1,852)
Total stockholders' equity	337,747	266,767	326,380
Total liabilities and stockholders' equity	$ 986,528	$ 870,663	$ 967,547

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Aug. 03, 2012	Oct. 31, 2011	Jul. 29, 2011
Condensed Consolidated Balance Sheets
Preferred stock, par value (in dollars per share)	$ 1.00	$ 1.00	$ 1.00
Preferred stock, authorized voting shares	1,000,000	1,000,000	1,000,000
Preferred stock, authorized non-voting shares	850,000	850,000	850,000
Preferred stock, issued voting shares	0	0	0
Preferred stock, issued non-voting shares	0	0	0
Preferred stock, outstanding voting shares	0	0	0
Preferred stock, outstanding non-voting shares	0	0	0
Common stock, par value (in dollars per share)	$ 1.00	$ 1.00	$ 1.00
Common stock, authorized shares	100,000,000	100,000,000	100,000,000
Common stock, issued shares	58,771,336	59,206,190	61,283,414
Common stock, outstanding shares	58,771,336	59,206,190	61,283,414

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Aug. 03, 2012	Jul. 29, 2011
Cash flows from operating activities:
Net earnings	$ 129,290	$ 112,623
Adjustments to reconcile net earnings to net cash provided by operating activities:
Noncash income from affiliates	(4,521)	(4,433)
Provision for depreciation, amortization, and impairment losses	37,929	34,251
Stock-based compensation expense	7,465	6,094
Increase in deferred income taxes	(443)	(930)
Other	(117)	(653)
Changes in operating assets and liabilities, net of effect of acquisitions:
Receivables, net	(51,640)	(53,335)
Inventories, net	(6,428)	(33,975)
Prepaid expenses and other assets	(6,114)	(8,994)
Accounts payable, accrued liabilities, deferred revenue, and other long-term liabilities	59,986	21,190
Net cash provided by operating activities	165,407	71,838
Cash flows from investing activities:
Purchases of property, plant, and equipment, net	(28,158)	(43,269)
Proceeds from asset disposals	114	109
Distributions from finance affiliate, net	1,777	959
Acquisitions, net of cash acquired	(9,663)	(14,060)
Net cash used in investing activities	(35,930)	(56,261)
Cash flows from financing activities:
Decrease in short-term debt	(922)	(776)
Repayments of long-term debt	(1,892)	(1,134)
Excess tax benefits from stock-based awards	8,080	2,444
Proceeds from exercise of stock options	17,337	12,309
Purchases of Toro common stock	(67,354)	(71,216)
Dividends paid on Toro common stock	(19,748)	(18,894)
Net cash used in financing activities	(64,499)	(77,267)
Effect of exchange rates changes on cash and cash equivalents	(2,806)	2,437
Net increase (decrease) in cash and cash equivalents	62,172	(59,253)
Cash and cash equivalents as of the beginning of the fiscal period	80,886	177,366
Cash and cash equivalents as of the end of the fiscal period	143,058	118,113
Supplemental disclosures of cash flow information:
Long-term debt issued in connection with acquisitions	$ 100	$ 3,515

Basis of Presentation

9 Months Ended

Aug. 03, 2012

Basis of Presentation

Basis of Presentation

Basis of Presentation

The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q and do not include all the information and notes required by U.S. generally accepted accounting principles (“U.S. GAAP”) for complete financial statements. Unless the context indicates otherwise, the terms “company” and “Toro” refer to The Toro Company and its consolidated subsidiaries. In the opinion of management, the unaudited condensed consolidated financial statements include all adjustments, consisting primarily of recurring accruals, considered necessary for a fair presentation of the financial position and results of operations. Certain amounts from prior periods’ financial statements have been reclassified to conform to this period’s presentation. Since the company’s business is seasonal, operating results for the nine months ended August 3, 2012 cannot be annualized to determine the expected results for the fiscal year ending October 31, 2012. Additional factors that could cause the company’s actual results to differ materially from its expected results, including any forward-looking statements made in this report, are described in the company’s most recently filed Annual Report on Form 10-K (Item 1A. Risk Factors) and later in this report under Item 2, Management’s Discussion and Analysis of Financial Condition and Results of Operations — Forward-Looking Information.

The company’s fiscal year ends on October 31, and quarterly results are reported based on three-month periods that generally end on the Friday closest to the quarter end. For comparative purposes, however, the company’s second and third quarters always include exactly 13 weeks of results so that the quarter end date for these two quarters is not necessarily the Friday closest to the quarter end.

For further information, refer to the consolidated financial statements and notes included in the company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2011. The policies described in that report are used for preparing quarterly reports.

- Definition

The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure.

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+ Details

Accounting Policies

9 Months Ended

Aug. 03, 2012

Accounting Policies

Accounting Policies

Accounting Policies

In preparing the consolidated financial statements in conformity with U.S. GAAP, management must make decisions that impact the reported amounts of assets, liabilities, revenues, expenses, and the related disclosures, including disclosures of contingent assets and liabilities. Such decisions include the selection of the appropriate accounting principles to be applied and the assumptions on which to base accounting estimates. Estimates are used in determining, among other items, sales promotions and incentives accruals, inventory valuation, warranty reserves, earnout liabilities, allowance for doubtful accounts, pension and postretirement accruals, self-insurance accruals, and useful lives for tangible and intangible assets. These estimates and assumptions are based on management’s best estimates and judgments at the time they are made. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors that management believes to be reasonable under the circumstances, including the current economic environment. Management adjusts such estimates and assumptions when facts and circumstances dictate. A number of these factors are discussed in the company’s Annual Report on Form 10-K (Item 1A. Risk Factors) for the fiscal year ended October 31, 2011, which may increase the uncertainty inherent in such estimates and assumptions. As future events and their effects cannot be determined with certainty, actual amounts could differ significantly from those estimated at the time the consolidated financial statements are prepared. Changes in those estimates will be reflected in the consolidated financial statements in future periods.

New Accounting Pronouncement Adopted

9 Months Ended

Aug. 03, 2012

New Accounting Pronouncement Adopted

New Accounting Pronouncement Adopted

New Accounting Pronouncement Adopted

In May 2011, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2011-04, Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRS. The amendments result in a consistent definition of fair value and common requirements for measurement of and disclosure regarding fair value between U.S. GAAP and International Financial Reporting Standards. Specifically, the amendments clarify the application of existing fair value measurement and disclosure requirements, including: a) application of the highest and best use and valuation premise concepts, b) measurement of the fair value of an instrument classified in a reporting entity’s shareholders equity, and c) quantitative disclosure about the unobservable inputs used in a fair value measurement that is categorized within Level 3 of the fair value hierarchy. The amendments also change a particular principle or requirement for fair value measurement and disclosure, including: a) measurement of the fair value of financial instruments that are managed within a portfolio, b) application of premiums and discounts in a fair value measurement, and c) additional disclosure about fair value measurements. The company adopted the amendments of ASU No. 2011-04 at the beginning of its fiscal 2012 second quarter, as required. The adoption of this guidance did not have an impact on the company’s consolidated financial statements.

- Definition

The entire disclosure for reporting accounting changes and error corrections. It includes the conveyance of information necessary for a user of the Company's financial information to understand all aspects and required disclosure information concerning all changes and error corrections reported in the Company's financial statements for the period.

+ References + Details

Stock Split

9 Months Ended

Aug. 03, 2012

Stock Split

Stock Split

Stock Split

On May 24, 2012, the company announced that its Board of Directors declared a two-for-one stock split of the company’s common stock, effected in the form of a 100 percent stock dividend. The stock split was distributed or paid on June 29, 2012, to stockholders of record as of June 15, 2012. As a result of this action, approximately 29.4 million shares were issued to stockholders of record as of June 15, 2012. The par value of the common stock remains at $1.00 per share and, accordingly, approximately $29.4 million was transferred from retained earnings to common stock. Earnings and dividends declared per share and weighted average shares outstanding are presented in this Form 10-Q after the effect of the 100 percent stock dividend. The two-for-one stock split is reflected in the share amounts in all periods presented in this Form 10-Q.

Acquisitions

9 Months Ended

Aug. 03, 2012

Acquisitions

Acquisitions

Acquisitions

On December 9, 2011, during the first quarter of fiscal 2012, the company completed the acquisition of certain assets and assumed certain liabilities for a greens roller product line for the golf course market. On February 10, 2012, during the second quarter of fiscal 2012, the company completed the acquisition of certain assets and assumed certain liabilities for an equipment line of vibratory plows, trenchers, and horizontal directional drills for the underground utilities market. On April 25, 2012, also during the second quarter of fiscal 2012, the company completed the acquisition of certain assets for an equipment line of concrete and mortar mixers, material handlers, compaction equipment, and other concrete power tools for the rental and light construction market. The aggregate purchase price of these acquisitions was $11.1 million and all such acquisitions were accounted for as business combinations.

These acquisitions were immaterial individually and in the aggregate based on the company’s consolidated financial condition and results of operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

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+ Details

Comprehensive Income

9 Months Ended

Aug. 03, 2012

Comprehensive Income

Comprehensive Income

Comprehensive Income

Comprehensive income and the components of other comprehensive income (loss) were as follows:

	Three Months Ended						Nine Months Ended
	August 3,			July 29,			August 3,			July 29,
(Dollars in thousands)	2012			2011			2012			2011
Net earnings	$	40,549		$	35,091		$	129,290		$	112,623
Other comprehensive income (loss):
Cumulative translation adjustments	(3,181		)	(1,472		)	(4,936		)	5,485
Pension liability adjustment, net of tax of $(151)	—			—			—			(257		)
Unrealized (loss) gain on derivative instruments, net of tax of $(282), $854, $266, and $1,041, respectively	(92		)	1,652			845			1,982
Comprehensive income	$	37,276		$	35,271		$	125,199		$	119,833

- Definition

The entire disclosure for comprehensive income. Includes, but is not limited to, the following: 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. Components of comprehensive income include: (1) foreign currency translation adjustments; (2) gains (losses) on foreign currency transactions that are designated as, and are effective as, economic hedges of a net investment in a foreign entity; (3) gains (losses) on intercompany foreign currency transactions that are of a long-term-investment nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements; (4) change in the market value of a futures contract that qualifies as a hedge of an asset reported at fair value; (5) unrealized holding gains (losses) on available-for-sale securities and that resulting from transfers of debt securities from the held-to-maturity category to the available-for-sale category; (6) a net loss recognized as an additional pension liability not yet recognized as net periodic pension cost; and (7) the net gain (loss) and net prior service cost or credit for pension plans and other postretirement benefit plans.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
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-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
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-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

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+ Details

Stock-Based Compensation

9 Months Ended

Aug. 03, 2012

Stock-Based Compensation

Stock-Based Compensation

Stock-Based Compensation

Stock Option Awards

Under the company’s equity and incentive plan, stock options are granted with an exercise price equal to the closing price of the company’s common stock on the date of grant, as reported by the New York Stock Exchange. Options are generally granted to officers, other employees, and non-employee members of the company’s Board of Directors on an annual basis in the first quarter of the company’s fiscal year. Options generally vest one-third each year over a three-year period and have a ten-year term. Other options granted to certain key employees vest in full on the three-year anniversary of the date of grant and have a ten-year term. Compensation expense equal to the grant date fair value is generally recognized for these awards over the vesting period. Stock options granted to officers and other employees are subject to accelerated expensing if the option holder meets the retirement definition set forth in the plan. In that case, the fair value of the options is expensed in the fiscal year of grant because the option holder must be employed as of the end of the fiscal year in which the options are granted in order for the options to continue to vest following retirement. Similarly, if a non-employee director has served on the company’s Board of Directors for ten full fiscal years or more, the fair value of the options granted is fully expensed on the date of the grant.

The fair value of each stock option is estimated on the date of grant using the Black-Scholes valuation method with the assumptions noted in the table below. The expected life is a significant assumption as it determines the period for which the risk-free interest rate, volatility, and dividend yield must be applied. The expected life is the average length of time in which officers, other key employees, and non-employee directors are expected to exercise their stock options, which is primarily based on historical experience. Separate groups of employees that have similar historical exercise behavior are considered separately for valuation purposes. Expected volatilities are based on the movement of the company’s common stock over the most recent historical period equivalent to the expected life of the option. The risk-free interest rate for periods within the contractual life of the option is based on the U.S. Treasury rate over the expected life at the time of grant. Dividend yield is estimated over the expected life based on the company’s dividend policy, historical cash dividends paid, expected future cash dividends, and expected changes in the company’s stock price.

The following table illustrates the assumptions for options granted in the following fiscal periods.

	Fiscal 2012	Fiscal 2011
Expected life of option in years	6	6
Expected volatility	34.87% - 35.02%	33.34% - 33.43%
Weighted-average volatility	35.01%	33.42%
Risk-free interest rate	1.20%	1.72% - 2.36%
Expected dividend yield	1.31% - 1.40%	1.04% - 1.16%
Weighted-average dividend yield	1.32%	1.05%
Grant date weighted-average fair value	$8.55	$10.15

Performance Share Awards

The company grants performance share awards to executive officers and other employees under which they are entitled to receive shares of the company’s common stock contingent on the achievement of performance goals of the company, which are generally measured over a three-year period. The number of shares of common stock a participant receives will be increased (up to 200 percent of target levels) or reduced (down to zero) based on the level of achievement of performance goals and will vest at the end of a three-year period. Performance share awards are granted on an annual basis in the first quarter of the company’s fiscal year. Compensation expense is recognized for these awards on a straight-line basis over the vesting period based on the per share fair value as of the date of grant and the probability of achieving performance goals. The per share fair value of performance share awards granted during the first quarter of each of fiscal 2012 and 2011 was $28.24 and $30.49, respectively. No performance share awards were granted during the second or third quarters of fiscal 2012 or 2011.

Restricted Stock Awards

Under the company’s equity and incentive plan, restricted stock awards are generally granted to certain non-officer employees. Restricted stock awards generally vest one-third each year over a three-year period or vest in full on the three-year anniversary of the date of grant. Compensation expense equal to the grant date fair value, which is equal to the closing price of the company’s common stock on the date of grant multiplied by the number of shares subject to the restricted stock award, is recognized for these awards over the vesting period. The per share weighted-average fair value of restricted stock awards granted during the first nine months of fiscal 2012 and 2011 was $33.61 and $30.62, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 123R
-Paragraph 64, 65, A240
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 93-6
-Paragraph 53
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Staff Accounting Bulletin (SAB)
-Number Topic 14

Reference 4: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 505
-SubTopic 50
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6406099&loc=d3e25284-112666

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+ Details

Per Share Data

9 Months Ended

Aug. 03, 2012

Per Share Data

Per Share Data

Per Share Data

Reconciliations of basic and diluted weighted-average shares of common stock outstanding are as follows:

	Three Months Ended		Nine Months Ended
	August 3,	July 29,	August 3,	July 29,
(Shares in thousands)	2012	2011	2012	2011
Basic
Weighted-average number of shares of common stock	59,045	62,353	59,633	62,976
Assumed issuance of contingent shares	—	—	9	6
Weighted-average number of shares of common stock and assumed issuance of contingent shares	59,045	62,353	59,642	62,982
Diluted
Weighted-average number of shares of common stock and assumed issuance of contingent shares	59,045	62,353	59,642	62,982
Effect of dilutive securities	1,291	1,126	1,187	1,143
Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities	60,336	63,479	60,829	64,125

Share data has been adjusted for all periods presented to reflect a two-for-one stock split effective June 29, 2012.

Options to purchase an aggregate of 2,247 and 442,612 shares of common stock outstanding during the third quarter of fiscal 2012 and 2011, respectively, were excluded from the diluted net earnings per share calculation because their exercise prices were greater than the average market price of the company’s common stock during the same respective periods. Options to purchase an aggregate of 32,414 and 383,682 shares of common stock outstanding during the year-to-date periods through the third quarter of fiscal 2012 and 2011, respectively, were excluded from the diluted net earnings per share calculations because their exercise prices were greater than the average market price of the company’s common stock during the same respective periods.

Inventories

9 Months Ended

Aug. 03, 2012

Inventories

Inventories

Inventories

Inventories are valued at the lower of cost or net realizable value, with cost determined by the last-in, first-out (“LIFO”) method for most inventories and first-in, first-out (“FIFO”) method for all other inventories. The company establishes a reserve for excess, slow-moving, and obsolete inventory that is equal to the difference between the cost and estimated net realizable value for that inventory. These reserves are based on a review and comparison of current inventory levels to the planned production, as well as planned and historical sales of the inventory.

Inventories were as follows:

	August 3,		July 29,		October 31,
(Dollars in thousands)	2012		2011		2011
Raw materials and work in process	$	83,649	$	70,510	$	94,176
Finished goods and service parts	212,142		217,594		189,855
Total FIFO value	295,791		288,104		284,031
Less: adjustment to LIFO value	61,001		55,742		61,001
Total	$	234,790	$	232,362	$	223,030

Goodwill

9 Months Ended

Aug. 03, 2012

Goodwill

Goodwill

Goodwill

The changes in the net carrying amount of goodwill for the first nine months of fiscal 2012 were as follows:

	Professional		Residential
(Dollars in thousands)	Segment		Segment		Total
Balance as of October 31, 2011	$	80,990	$	11,030	$	92,020
Translation adjustments	20		30		50
Balance as of August 3, 2012	$	81,010	$	11,060	$	92,070

Other Intangible Assets

9 Months Ended

Aug. 03, 2012

Other Intangible Assets

Other Intangible Assets

Other Intangible Assets

The components of other amortizable intangible assets were as follows:

(Dollars in thousands) August 3, 2012	Estimated Life (Years)	Gross Carrying Amount		Accumulated Amortization			Net
Patents	1.5-13	$	9,593	$	(7,895	)	$	1,698
Non-compete agreements	1.5-10	6,297		(3,422		)	2,875
Customer-related	1.5-13	8,270		(3,479		)	4,791
Developed technology	1.5-10	27,994		(9,336		)	18,658
Trade names	1.5-5	1,515		(480		)	1,035
Other		800		(800		)	—
Total amortizable		54,469		(25,412		)	29,057
Non-amortizable - trade names		5,281		—			5,281
Total other intangible assets, net		$	59,750	$	(25,412	)	$	34,338

(Dollars in thousands) October 31, 2011	Estimated Life(Years)	Gross Carrying Amount		Accumulated Amortization			Net
Patents	5-13	$	9,403	$	(7,505	)	$	1,898
Non-compete agreements	2-10	6,250		(2,685		)	3,565
Customer-related	5-13	8,189		(2,857		)	5,332
Developed technology	2-10	25,236		(7,016		)	18,220
Trade name	5	1,500		(250		)	1,250
Other		800		(800		)	—
Total amortizable		51,378		(21,113		)	30,265
Non-amortizable - trade names		5,281		—			5,281
Total other intangible assets, net		$	56,659	$	(21,113	)	$	35,546

Amortization expense for intangible assets during the first nine months of fiscal 2012 was $4.5 million. Estimated amortization expense for the remainder of fiscal 2012 and succeeding fiscal years is as follows: fiscal 2012 (remainder), $1.5 million; fiscal 2013, $5.8 million; fiscal 2014, $5.4 million; fiscal 2015, $5.2 million; fiscal 2016, $4.7 million; fiscal 2017, $3.7 million; and after fiscal 2017, $2.8 million.

Investment in Joint Venture

9 Months Ended

Aug. 03, 2012

Investment in Joint Venture

Investment in Joint Venture

Investment in Joint Venture

In 2009, the company and TCF Inventory Finance, Inc. (“TCFIF”), a subsidiary of TCF National Bank, established Red Iron Acceptance, LLC (“Red Iron”), a joint venture in the form of a Delaware limited liability company that provides inventory financing, including floor plan and open account receivable financing, to distributors and dealers of the company’s products in the U.S. and to select distributors of the company’s products in Canada. On June 6, 2012, the company and TCFIF entered into amendments to certain of the agreements pertaining to Red Iron, among other things, to extend the initial term of Red Iron until October 31, 2017, subject to unlimited automatic two-year extensions thereafter. Either the company or TCFIF may elect not to extend the initial term or any subsequent term by giving one-year notice to the other party of its intention not to extend the term. Additionally, in connection with the joint venture, the company and an affiliate of TCFIF entered into an arrangement to provide inventory financing to dealers of the company’s products in Canada. In connection with the establishment of Red Iron, the company terminated its agreement with a third party financing company that previously provided floor plan financing to dealers of the company’s products in the U.S. and Canada.

The company owns 45 percent of Red Iron and TCFIF owns 55 percent of Red Iron. The company accounts for its investment in Red Iron under the equity method of accounting. Each of the company and TCFIF contributed a specified amount of the estimated cash required to enable Red Iron to purchase the company’s inventory financing receivables and to provide financial support for Red Iron’s inventory financing programs. Red Iron borrows the remaining requisite estimated cash utilizing a $450 million secured revolving credit facility established under a credit agreement between Red Iron and TCFIF. The company’s total investment in Red Iron as of August 3, 2012 was $14.4 million. The company has not guaranteed the outstanding indebtedness of Red Iron. The company has agreed to repurchase products repossessed by Red Iron and the TCFIF Canadian affiliate, up to a maximum aggregate amount of $7.5 million in a calendar year. In addition, the company has provided recourse to Red Iron for certain outstanding receivables, which amounted to a maximum amount of $0.2 million as of August 3, 2012.

Under the repurchase agreement between Red Iron and the company, Red Iron provides financing for certain dealers and distributors. These transactions are structured as an advance in the form of a payment by Red Iron to the company on behalf of a distributor or dealer with respect to invoices financed by Red Iron. These payments extinguish the obligation of the dealer or distributor to make payment to the company under the terms of the applicable invoice. Under separate agreements between Red Iron and the dealers and distributors, Red Iron provides loans to the dealers and distributors for the advances paid by Red Iron to the company. The net amount of new receivables financed for dealers and distributors under this arrangement for the nine months ended August 3, 2012 and July 29, 2011 was $920.3 million and $890.9 million, respectively.

As of August 3, 2012, Red Iron’s total assets were $291.2 million and total liabilities were $259.2 million.

- Definition

The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is.

+ References + Details

Warranty Guarantees

9 Months Ended

Aug. 03, 2012

Warranty Guarantees

Warranty Guarantees

Warranty Guarantees

The company’s products are warranted to ensure customer confidence in design, workmanship, and overall quality. Warranty coverage is for specified periods of time and on select products’ hours of usage, and generally covers parts, labor, and other expenses for non-maintenance repairs. Warranty coverage generally does not cover operator abuse or improper use. An authorized company distributor or dealer must perform warranty work. Distributors and dealers submit claims for warranty reimbursement and are credited for the cost of repairs, labor, and other expenses as long as the repairs meet prescribed standards. Warranty expense is accrued at the time of sale based on the estimated number of products under warranty, historical average costs incurred to service warranty claims, the trend in the historical ratio of claims to sales, the historical length of time between the sale and resulting warranty claim, and other minor factors. Special warranty reserves are also accrued for major rework campaigns. The company sells extended warranty coverage on select products for a prescribed period after the factory warranty period expires.

Warranty provisions, claims, changes in estimates, and additions from acquisitions for the first nine months of fiscal 2012 and 2011 were as follows:

	Nine Months Ended
	August 3,			July 29,
(Dollars in thousands)	2012			2011
Beginning balance	$	62,730		$	56,934
Warranty provisions	32,268			32,739
Warranty claims	(23,656		)	(21,813		)
Changes in estimates	2,183			2,179
Additions from acquisitions	200			275
Ending balance	$	73,725		$	70,314

Segment Data

9 Months Ended

Aug. 03, 2012

Segment Data

Segment Data

Segment Data

The presentation of segment information reflects the manner in which management organizes segments for making operating decisions and assessing performance. On this basis, the company has determined it has three reportable business segments: Professional, Residential, and Distribution. The Distribution segment, which consists of company-owned domestic distributorships, has been combined with the company’s corporate activities and elimination of intersegment revenues and expenses that is shown as “Other” in the following tables due to the insignificance of the segment.

The following table shows the summarized financial information concerning the company’s reportable segments:

(Dollars in thousands)
Three months ended August 3, 2012	Professional		Residential		Other			Total
Net sales	$	361,120	$	135,894	$	7,062		$	504,076
Intersegment gross sales	12,012		90		(12,102		)	—
Earnings (loss) before income taxes	70,537		10,048		(21,117		)	59,468

Three months ended July 29, 2011	Professional		Residential		Other			Total
Net sales	$	345,972	$	147,479	$	7,594		$	501,045
Intersegment gross sales	10,678		842		(11,520		)	—
Earnings (loss) before income taxes	64,344		4,638		(16,691		)	52,291

Nine months ended August 3, 2012	Professional		Residential		Other			Total
Net sales	$	1,100,899	$	505,399	$	13,098		$	1,619,396
Intersegment gross sales	31,134		2		(31,136		)	—
Earnings (loss) before income taxes	211,329		51,174		(68,557		)	193,946
Total assets	548,381		179,452		258,695			986,528

Nine months ended July 29, 2011	Professional		Residential		Other			Total
Net sales	$	1,022,536	$	480,404	$	12,918		$	1,515,858
Intersegment gross sales	30,245		3,006		(33,251		)	—
Earnings (loss) before income taxes	187,869		42,545		(63,170		)	167,244
Total assets	540,977		210,479		216,091			967,547

The following table summarizes the components of the loss before income taxes included in “Other” shown above:

	Three Months Ended						Nine Months Ended
	August 3,			July 29,			August 3,			July 29,
(Dollars in thousands)	2012			2011			2012			2011
Corporate expenses	$	(19,805	)	$	(15,462	)	$	(60,991	)	$	(53,227	)
Interest expense, net	(4,198		)	(4,294		)	(12,791		)	(12,596		)
Other	2,886			3,065			5,225			2,653
Total	$	(21,117	)	$	(16,691	)	$	(68,557	)	$	(63,170	)

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 131
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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+ Details

Treasury Share Retirement

9 Months Ended

Aug. 03, 2012

Treasury Share Retirement

Treasury Share Retirement

Treasury Share Retirement

On November 30, 2011, the company’s Board of Directors authorized the retirement of 30 million treasury shares, adjusted for the two-for-one stock split discussed previously.

Derivative Instruments and Hedging Activities

9 Months Ended

Aug. 03, 2012

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities

The company is exposed to foreign currency exchange rate risk arising from transactions in the normal course of business, such as sales to third party customers, sales and loans to wholly owned foreign subsidiaries, foreign plant operations, and purchases from suppliers. The company actively manages the exposure of its foreign currency exchange rate market risk by entering into various hedging instruments, authorized under company policies that place controls on these activities, with counterparties that are highly rated financial institutions. The company’s hedging activities primarily involve the use of forward currency contracts and cross currency swaps that are intended to offset intercompany loan exposures. The company uses derivative instruments only in an attempt to limit underlying exposure from foreign currency exchange rate fluctuations and to minimize earnings and cash flow volatility associated with foreign currency exchange rate changes. Decisions on whether to use such contracts are primarily based on the amount of exposure to the currency involved and an assessment of the near-term market value for each currency. The company’s policy does not allow the use of derivatives for trading or speculative purposes. The company also has made an accounting policy election to use the portfolio exception permitted in ASU No. 2011-04 with respect to measuring counterparty credit risk for derivative instruments, and to measure the fair value of a portfolio of financial assets and financial liabilities on the basis of the net open risk position with each counterparty. The company’s primary foreign currency exchange rate exposures are with the Euro, the Australian dollar, the Canadian dollar, the British pound, the Mexican peso, the Japanese yen, the Chinese Yuan, and the Romanian New Leu against the U.S. dollar, as well as the Romanian New Leu against the Euro.

Cash flow hedges. The company recognizes all derivative instruments as either assets or liabilities at fair value on the consolidated balance sheet and formally documents relationships between cash flow hedging instruments and hedged transactions, as well as its risk-management objective and strategy for undertaking hedge transactions. This process includes linking all derivatives to the forecasted transactions, such as sales to third parties and foreign plant operations. Changes in fair values of outstanding cash flow hedge derivatives, except the ineffective portion, are recorded in other comprehensive income (“OCI”), until net earnings is affected by the variability of cash flows of the hedged transaction. Gains and losses on the derivative representing either hedge ineffectiveness or hedge components excluded from the assessment of effectiveness are recognized in net earnings. The consolidated statement of earnings classification of effective hedge results is the same as that of the underlying exposure. Results of hedges of sales and foreign plant operations are recorded in net sales and cost of sales, respectively, when the underlying hedged transaction affects net earnings. The maximum amount of time the company hedges its exposure to the variability in future cash flows for forecasted trade sales and purchases is two years. Results of hedges of intercompany loans are recorded in other income, net as an offset to the remeasurement of the foreign loan balance.

The company formally assesses, at a hedge’s inception and on an ongoing basis, whether the derivatives that are designated as hedges have been highly effective in offsetting changes in the cash flows of the hedged transactions and whether those derivatives may be expected to remain highly effective in future periods. When it is determined that a derivative is not, or has ceased to be, highly effective as a hedge, the company discontinues hedge accounting prospectively. When the company discontinues hedge accounting because it is no longer probable, but it is still reasonably possible that the forecasted transaction will occur by the end of the originally expected period or within an additional two-month period of time thereafter, the gain or loss on the derivative remains in accumulated other comprehensive loss (“AOCL”) and is reclassified to net earnings when the forecasted transaction affects net earnings. However, if it is probable that a forecasted transaction will not occur by the end of the originally specified time period or within an additional two-month period of time thereafter, the gains and losses that were in AOCL are recognized immediately in net earnings. In all situations in which hedge accounting is discontinued and the derivative remains outstanding, the company carries the derivative at its fair value on the consolidated balance sheet, recognizing future changes in the fair value in other income, net. For the third quarter of fiscal 2012, there were no gains or losses on contracts reclassified into earnings as a result of the discontinuance of cash flow hedges. As of August 3, 2012, the notional amount of outstanding forward contracts designated as cash flow hedges was $57.2 million. Additionally, the company has one cross-currency interest rate swap instrument outstanding as of August 3, 2012 for a fixed pay notional of 36.6 million Romanian New Leu and receive floating notional of 8.5 million Euro.

Derivatives not designated as hedging instruments. The company also enters into foreign currency contracts that include forward currency contracts and cross currency swaps to mitigate the remeasurement of specific assets and liabilities on the consolidated balance sheet. These contracts are not designated as hedging instruments. Accordingly, changes in the fair value of hedges of recorded balance sheet positions, such as cash, receivables, payables, intercompany notes, and other various contractual claims to pay or receive foreign currencies other than the functional currency, are recognized immediately in other income, net, on the consolidated statements of earnings together with the transaction gain or loss from the hedged balance sheet position.

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

Asset Derivatives

Liability Derivatives

August 3, 2012

July 29, 2011

August 3, 2012

July 29, 2011

Balance

Sheet

Fair

Sheet

Fair

Sheet

Fair

Sheet

Fair

(Dollars in thousands)

Location

Value

Location

Value

Location

Value

Location

Value

Derivatives Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

961

Cross currency swaps

Prepaid expenses

624

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

—

Derivatives Not Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

970

Prepaid expenses

—

Accrued liabilities

175

Accrued liabilities

3,212

Cross currency swaps

Prepaid expenses

1,019

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

—

Total Derivatives

2,616

—

175

4,173

The following table presents the impact of derivative instruments on the consolidated statements of earnings for the company’s derivatives designed as cash flow hedging instruments for the three and nine months ended August 3, 2012 and July 29, 2011, respectively.

														Location of Gain (Loss)	Gain (Loss)
							Location of Gain							Recognized in Income	Recognized in Income
	Gain (Loss)						(Loss) Reclassified	Gain (Loss)						on Derivatives	on Derivatives
	Recognized in OCI on						from AOCL	Reclassified from						(Ineffective Portion	(Ineffective Portion and
	Derivatives						into Income	AOCL into Income						and excluded from	Excluded from
	(Effective Portion)						(Effective Portion)	(Effective Portion)						Effectiveness Testing)	Effectiveness Testing)
(Dollars in thousands)	August 3,			July 29,				August 3,			July 29,				August 3,		July 29,
For the three months ended	2012			2011				2012			2011				2012		2011
Forward currency contracts	$	(463	)	$	732		Net sales	$	1,033		$	(1,992	)	Other income, net	$	394	$	(353	)
Forward currency contracts	(16		)	(28		)	Cost of sales	(475		)	387
Cross currency swaps	387			—			Other income, net	386			—
Total	$	(92	)	$	704			$	944		$	(1,605	)

	August 3,			July 29,				August 3,			July 29,				August 3,		July 29,
For the nine months ended	2012			2011				2012			2011				2012		2011
Forward currency contracts	$	(222	)	$	(6,387	)	Net sales	$	2,738		$	(4,582	)	Other income, net	$	597	$	(711	)
Forward currency contracts	675			1,200			Cost of sales	(1,120		)	761
Cross currency swaps	387			—			Other income, net	386			—
Total	$	840		$	(5,187	)		$	2,004		$	(3,821	)

As of August 3, 2012, the company anticipates reclassifying approximately $0.4 million of gains from AOCL to earnings during the next 12 months.

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

		Gain (Loss) Recognized in Net Earnings
		Three Months Ended				Nine Months Ended
	Location of Gain (Loss)	August 3,		July 29,		August 3,		July 29,
(Dollars in thousands)	Recognized in Net Earnings	2012		2011		2012		2011

Forward currency contracts	Other income, net	$	2,233	$	543	$	6,930	$	(8,966	)
Cross currency swaps	Other income, net	899		—		997		—
Total		$	3,132	$	543	$	7,927	$	(8,966	)

- Definition

The entire disclosure for the entity's entire derivative instruments and hedging activities. Describes an entity's risk management strategies, derivatives in hedging activities and non-hedging derivative instruments, the assets, obligations, liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items.

+ References

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+ Details

Fair Value Measurements

9 Months Ended

Aug. 03, 2012

Fair Value Measurements

Fair Value Measurements

Fair Value Measurements

The company categorizes its assets and liabilities into one of three levels based on the assumptions (inputs) used in valuing the asset or liability. Estimates of fair value for financial assets and financial liabilities are based on the framework established in the accounting guidance for fair value measurements. The framework defines fair value, provides guidance for measuring fair value and requires certain disclosures. The framework discusses valuation techniques such as the market approach (comparable market prices), the income approach (present value of future income or cash flow), and the cost approach (cost to replace the service capacity of an asset or replacement cost). The framework utilizes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. Level 1 provides the most reliable measure of fair value, while Level 3 generally requires significant management judgment. The three levels are defined as follows:

Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2 — Observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities.

Level 3 — Unobservable inputs reflecting management’s assumptions about the inputs used in pricing the asset or liability.

Cash and cash equivalents are valued at their carrying amounts in the consolidated balance sheets, which are reasonable estimates of their fair value due to their short-term maturities. Foreign currency forward exchange contracts are valued at fair market value using the market approach based on exchange rates as of the reporting date, which is the amount the company would receive or pay to terminate the contracts. The unfunded deferred compensation liability is primarily subject to changes in fixed-income investment contracts based on current yields. For accounts receivable and accounts payable, carrying amounts are a reasonable estimate of fair value given their short-term nature.

Assets and liabilities measured at fair value on a recurring basis, as of August 3, 2012, July 29, 2011, and October 31, 2011 are summarized below:

(Dollars in thousands)
August 3, 2012	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	143,058	$	143,058	$	—	—
Foreign exchange contracts	2,616		—		2,616		—
Total assets	$	145,674	$	143,058	$	2,616	—
Liabilities:
Foreign exchange contracts	$	175	—		$	175	—
Deferred compensation liabilities	3,738		—		3,738		—
Total liabilities	$	3,913	—		$	3,913	—

July 29, 2011	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	118,113	$	118,113	—		—
Total assets	$	118,113	$	118,113	—		—
Liabilities:
Foreign exchange contracts	$	4,173	—		$	4,173	—
Deferred compensation liabilities	4,477		—		4,477		—
Total liabilities	$	8,650	—		$	8,650	—

October 31, 2011	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	80,886	$	80,886	—		—
Total assets	$	80,886	$	80,886	—		—
Liabilities:
Foreign exchange contracts	$	3,150	—		$	3,150	—
Deferred compensation liabilities	4,297		—		4,297		—
Total liabilities	$	7,447	—		$	7,447	—

There were no transfers between Level 1 and Level 2 during the nine months ended August 3, 2012, July 29, 2011, or the twelve months ended October 31, 2011.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 44A, 44B
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details

Contingencies

9 Months Ended

Aug. 03, 2012

Contingencies

Contingencies

Contingencies

Litigation

General. The company is party to litigation in the ordinary course of business. Litigation occasionally involves claims for punitive as well as compensatory damages arising out of use of the company’s products. Although the company is self-insured to some extent, the company maintains insurance against certain product liability losses. The company is also subject to litigation and administrative and judicial proceedings with respect to claims involving asbestos and the discharge of hazardous substances into the environment. Some of these claims assert damages and liability for personal injury, remedial investigations or clean up and other costs and damages. The company is also typically involved in commercial disputes, employment disputes, and patent litigation cases in which it is asserting or defending against patent infringement claims. To prevent possible infringement of the company’s patents by others, the company periodically reviews competitors’ products. To avoid potential liability with respect to others’ patents, the company regularly reviews certain patents issued by the United States Patent and Trademark Office (“USPTO”) and foreign patent offices. Management believes these activities help minimize its risk of being a defendant in patent infringement litigation.

Lawnmower Engine Horsepower Marketing and Sales Practices Litigation. Beginning in June 2004, various plaintiffs filed class action lawsuits in state and federal courts throughout the country against the company and other defendants alleging that the horsepower labels on the products the plaintiffs purchased were inaccurate. The plaintiffs (i) asserted statutory and common law claims, and (ii) sought an injunction, unspecified compensatory and punitive damages, treble damages, and attorneys’ fees. In December 2008, all lawsuits were transferred to the United States District Court for the Eastern District of Wisconsin (the “Court”) for coordinated or consolidated pretrial proceedings.

The company and certain other defendants entered into a settlement agreement with plaintiffs in February 2010, the Court approved the company’s settlement and certified the settlement class in August 2010, and the company’s settlement agreement became final in February 2011. The settlement class consists of all persons in the United States who, beginning January 1, 1994 and through April 12, 2010, purchased a lawnmower containing a two-stroke or four-stroke gas combustible engine up to 30 horsepower that was manufactured or sold by the company and other defendants, and the company’s settlement agreement provides for, among other things, (i) a monetary settlement, (ii) an additional warranty period for certain engines that are subject to the litigation, and (iii) injunctive relief relating to power rating labeling practices. The expected costs of the company’s performance of its settlement obligations are consistent with accruals established in prior periods and, as such, management does not currently expect that the settlement will have a material adverse effect on the company’s consolidated operating results or financial condition.

In March 2010, individuals who claim to have purchased lawnmowers in Canada filed class action litigation against the company and other defendants that (i) contains allegations under applicable Canadian law that are similar to the allegations made by the United States plaintiffs, (ii) seeks certification of a class of all persons in Canada who, beginning January 1, 1994 purchased a lawnmower containing a gas combustible engine up to 30 horsepower that was manufactured or sold by the company and other defendants, and (iii) seeks under applicable Canadian law unspecified compensatory and punitive damages, attorneys’ costs and fees, and equitable relief.

Management continues to evaluate this Canadian litigation. In the event the company is unable to favorably resolve this litigation, management is unable to assess at this time whether this litigation would have a material adverse effect on the company’s annual consolidated operating results or financial condition, although an unfavorable resolution or outcome could be material to the company’s consolidated operating results for a particular period.

- Definition

The entire disclosure for commitments and contingencies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 14
-Paragraph 3
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 5
-Paragraph 9, 10, 11, 12
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.25)
-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 450
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6952336&loc=d3e14435-108349

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 460
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=6398077&loc=d3e12565-110249

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 440
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6394976&loc=d3e25287-109308

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6449706&loc=d3e16207-108621

+ Details

Subsequent Events

9 Months Ended

Aug. 03, 2012

Subsequent Events

Subsequent Events

Subsequent Events

The company evaluated all subsequent events and concluded that no additional subsequent events have occurred that would require recognition in the consolidated financial statements or disclosure in the notes to the consolidated financial statements.

Comprehensive Income (Tables)

9 Months Ended

Aug. 03, 2012

Comprehensive Income

Schedule of comprehensive income and the components of other comprehensive income (loss)

	Three Months Ended						Nine Months Ended
	August 3,			July 29,			August 3,			July 29,
(Dollars in thousands)	2012			2011			2012			2011
Net earnings	$	40,549		$	35,091		$	129,290		$	112,623
Other comprehensive income (loss):
Cumulative translation adjustments	(3,181		)	(1,472		)	(4,936		)	5,485
Pension liability adjustment, net of tax of $(151)	—			—			—			(257		)
Unrealized (loss) gain on derivative instruments, net of tax of $(282), $854, $266, and $1,041, respectively	(92		)	1,652			845			1,982
Comprehensive income	$	37,276		$	35,271		$	125,199		$	119,833

Stock-Based Compensation (Tables)

9 Months Ended

Aug. 03, 2012

Stock-Based Compensation

Schedule of assumptions for options granted

	Fiscal 2012	Fiscal 2011
Expected life of option in years	6	6
Expected volatility	34.87% - 35.02%	33.34% - 33.43%
Weighted-average volatility	35.01%	33.42%
Risk-free interest rate	1.20%	1.72% - 2.36%
Expected dividend yield	1.31% - 1.40%	1.04% - 1.16%
Weighted-average dividend yield	1.32%	1.05%
Grant date weighted-average fair value	$8.55	$10.15

Per Share Data (Tables)

9 Months Ended

Aug. 03, 2012

Per Share Data

Reconciliations of basic and diluted weighted-average shares of common stock outstanding

	Three Months Ended		Nine Months Ended
	August 3,	July 29,	August 3,	July 29,
(Shares in thousands)	2012	2011	2012	2011
Basic
Weighted-average number of shares of common stock	59,045	62,353	59,633	62,976
Assumed issuance of contingent shares	—	—	9	6
Weighted-average number of shares of common stock and assumed issuance of contingent shares	59,045	62,353	59,642	62,982
Diluted
Weighted-average number of shares of common stock and assumed issuance of contingent shares	59,045	62,353	59,642	62,982
Effect of dilutive securities	1,291	1,126	1,187	1,143
Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities	60,336	63,479	60,829	64,125

Inventories (Tables)

9 Months Ended

Aug. 03, 2012

Inventories

Schedule of Inventories

	August 3,		July 29,		October 31,
(Dollars in thousands)	2012		2011		2011
Raw materials and work in process	$	83,649	$	70,510	$	94,176
Finished goods and service parts	212,142		217,594		189,855
Total FIFO value	295,791		288,104		284,031
Less: adjustment to LIFO value	61,001		55,742		61,001
Total	$	234,790	$	232,362	$	223,030

Goodwill (Tables)

9 Months Ended

Aug. 03, 2012

Goodwill

Changes in the net carrying amount of goodwill

	Professional		Residential
(Dollars in thousands)	Segment		Segment		Total
Balance as of October 31, 2011	$	80,990	$	11,030	$	92,020
Translation adjustments	20		30		50
Balance as of August 3, 2012	$	81,010	$	11,060	$	92,070

- Definition

Tabular disclosure of goodwill by reportable segment and in total. Disclosure details may include, but are not limited to, the carrying amount of goodwill, goodwill acquired during the year, goodwill impairment losses recognized, goodwill written-off due to the sale of a business unit, goodwill not yet allocated, and any other changes to goodwill.

+ References + Details

Other Intangible Assets (Tables)

9 Months Ended

Aug. 03, 2012

Other Intangible Assets

Components of other amortizable intangible assets

(Dollars in thousands) August 3, 2012	Estimated Life (Years)	Gross Carrying Amount		Accumulated Amortization			Net
Patents	1.5-13	$	9,593	$	(7,895	)	$	1,698
Non-compete agreements	1.5-10	6,297		(3,422		)	2,875
Customer-related	1.5-13	8,270		(3,479		)	4,791
Developed technology	1.5-10	27,994		(9,336		)	18,658
Trade names	1.5-5	1,515		(480		)	1,035
Other		800		(800		)	—
Total amortizable		54,469		(25,412		)	29,057
Non-amortizable - trade names		5,281		—			5,281
Total other intangible assets, net		$	59,750	$	(25,412	)	$	34,338

(Dollars in thousands) October 31, 2011	Estimated Life(Years)	Gross Carrying Amount		Accumulated Amortization			Net
Patents	5-13	$	9,403	$	(7,505	)	$	1,898
Non-compete agreements	2-10	6,250		(2,685		)	3,565
Customer-related	5-13	8,189		(2,857		)	5,332
Developed technology	2-10	25,236		(7,016		)	18,220
Trade name	5	1,500		(250		)	1,250
Other		800		(800		)	—
Total amortizable		51,378		(21,113		)	30,265
Non-amortizable - trade names		5,281		—			5,281
Total other intangible assets, net		$	56,659	$	(21,113	)	$	35,546

Warranty Guarantees (Tables)

9 Months Ended

Aug. 03, 2012

Warranty Guarantees

Warranty provisions, claims, and changes in estimates and additions from acquisitions

	Nine Months Ended
	August 3,			July 29,
(Dollars in thousands)	2012			2011
Beginning balance	$	62,730		$	56,934
Warranty provisions	32,268			32,739
Warranty claims	(23,656		)	(21,813		)
Changes in estimates	2,183			2,179
Additions from acquisitions	200			275
Ending balance	$	73,725		$	70,314

Segment Data (Tables)

9 Months Ended

Aug. 03, 2012

Segment Data

Summarized financial information concerning the company's reportable segments

(Dollars in thousands)
Three months ended August 3, 2012	Professional		Residential		Other			Total
Net sales	$	361,120	$	135,894	$	7,062		$	504,076
Intersegment gross sales	12,012		90		(12,102		)	—
Earnings (loss) before income taxes	70,537		10,048		(21,117		)	59,468

Three months ended July 29, 2011	Professional		Residential		Other			Total
Net sales	$	345,972	$	147,479	$	7,594		$	501,045
Intersegment gross sales	10,678		842		(11,520		)	—
Earnings (loss) before income taxes	64,344		4,638		(16,691		)	52,291

Nine months ended August 3, 2012	Professional		Residential		Other			Total
Net sales	$	1,100,899	$	505,399	$	13,098		$	1,619,396
Intersegment gross sales	31,134		2		(31,136		)	—
Earnings (loss) before income taxes	211,329		51,174		(68,557		)	193,946
Total assets	548,381		179,452		258,695			986,528

Nine months ended July 29, 2011	Professional		Residential		Other			Total
Net sales	$	1,022,536	$	480,404	$	12,918		$	1,515,858
Intersegment gross sales	30,245		3,006		(33,251		)	—
Earnings (loss) before income taxes	187,869		42,545		(63,170		)	167,244
Total assets	540,977		210,479		216,091			967,547

Summary of the components of the loss before income taxes included in "Other"

	Three Months Ended						Nine Months Ended
	August 3,			July 29,			August 3,			July 29,
(Dollars in thousands)	2012			2011			2012			2011
Corporate expenses	$	(19,805	)	$	(15,462	)	$	(60,991	)	$	(53,227	)
Interest expense, net	(4,198		)	(4,294		)	(12,791		)	(12,596		)
Other	2,886			3,065			5,225			2,653
Total	$	(21,117	)	$	(16,691	)	$	(68,557	)	$	(63,170	)

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References + Details

Derivative Instruments and Hedging Activities (Tables)

9 Months Ended

Aug. 03, 2012

Derivative Instruments and Hedging Activities

Fair value of the company's derivatives and consolidated balance sheet location

Asset Derivatives

Liability Derivatives

August 3, 2012

July 29, 2011

August 3, 2012

July 29, 2011

Balance

Sheet

Fair

Sheet

Fair

Sheet

Fair

Sheet

Fair

(Dollars in thousands)

Location

Value

Location

Value

Location

Value

Location

Value

Derivatives Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

961

Cross currency swaps

Prepaid expenses

624

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

—

Derivatives Not Designated as Hedging Instruments

Forward currency contracts

Prepaid expenses

970

Prepaid expenses

—

Accrued liabilities

175

Accrued liabilities

3,212

Cross currency swaps

Prepaid expenses

1,019

Prepaid expenses

—

Accrued liabilities

—

Accrued liabilities

—

Total Derivatives

2,616

—

175

4,173

Impact of derivative instruments on the consolidated statements of earnings for the company's derivatives designed as cash flow hedging instruments

														Location of Gain (Loss)	Gain (Loss)
							Location of Gain							Recognized in Income	Recognized in Income
	Gain (Loss)						(Loss) Reclassified	Gain (Loss)						on Derivatives	on Derivatives
	Recognized in OCI on						from AOCL	Reclassified from						(Ineffective Portion	(Ineffective Portion and
	Derivatives						into Income	AOCL into Income						and excluded from	Excluded from
	(Effective Portion)						(Effective Portion)	(Effective Portion)						Effectiveness Testing)	Effectiveness Testing)
(Dollars in thousands)	August 3,			July 29,				August 3,			July 29,				August 3,		July 29,
For the three months ended	2012			2011				2012			2011				2012		2011
Forward currency contracts	$	(463	)	$	732		Net sales	$	1,033		$	(1,992	)	Other income, net	$	394	$	(353	)
Forward currency contracts	(16		)	(28		)	Cost of sales	(475		)	387
Cross currency swaps	387			—			Other income, net	386			—
Total	$	(92	)	$	704			$	944		$	(1,605	)

	August 3,			July 29,				August 3,			July 29,				August 3,		July 29,
For the nine months ended	2012			2011				2012			2011				2012		2011
Forward currency contracts	$	(222	)	$	(6,387	)	Net sales	$	2,738		$	(4,582	)	Other income, net	$	597	$	(711	)
Forward currency contracts	675			1,200			Cost of sales	(1,120		)	761
Cross currency swaps	387			—			Other income, net	386			—
Total	$	840		$	(5,187	)		$	2,004		$	(3,821	)

Impact of derivatives not designated as hedges on the consolidated statements of earnings

		Gain (Loss) Recognized in Net Earnings
		Three Months Ended				Nine Months Ended
	Location of Gain (Loss)	August 3,		July 29,		August 3,		July 29,
(Dollars in thousands)	Recognized in Net Earnings	2012		2011		2012		2011

Forward currency contracts	Other income, net	$	2,233	$	543	$	6,930	$	(8,966	)
Cross currency swaps	Other income, net	899		—		997		—
Total		$	3,132	$	543	$	7,927	$	(8,966	)

Fair Value Measurements (Tables)

9 Months Ended

Aug. 03, 2012

Fair Value Measurements

Assets and liabilities measured at fair value on a recurring basis

(Dollars in thousands)
August 3, 2012	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	143,058	$	143,058	$	—	—
Foreign exchange contracts	2,616		—		2,616		—
Total assets	$	145,674	$	143,058	$	2,616	—
Liabilities:
Foreign exchange contracts	$	175	—		$	175	—
Deferred compensation liabilities	3,738		—		3,738		—
Total liabilities	$	3,913	—		$	3,913	—

July 29, 2011	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	118,113	$	118,113	—		—
Total assets	$	118,113	$	118,113	—		—
Liabilities:
Foreign exchange contracts	$	4,173	—		$	4,173	—
Deferred compensation liabilities	4,477		—		4,477		—
Total liabilities	$	8,650	—		$	8,650	—

October 31, 2011	Fair Value		Level 1		Level 2		Level 3
Assets:
Cash and cash equivalents	$	80,886	$	80,886	—		—
Total assets	$	80,886	$	80,886	—		—
Liabilities:
Foreign exchange contracts	$	3,150	—		$	3,150	—
Deferred compensation liabilities	4,297		—		4,297		—
Total liabilities	$	7,447	—		$	7,447	—

Basis of Presentation (Details)	9 Months Ended
Basis of Presentation (Details)	Aug. 03, 2012 M week
Basis of Presentation
Period for reporting of quarterly results (in months) \| M	3
Number of weeks that must be included in second and third quarters \| week	13

Stock Split (Details) $ / shares in Units, shares in Millions, $ in Millions	1 Months Ended
	Jun. 30, 2012	May 31, 2012 USD ($) shares	Nov. 30, 2011	Aug. 03, 2012 $ / shares	Jun. 29, 2012	May 24, 2012 $ / shares	Oct. 31, 2011 $ / shares	Jul. 29, 2011 $ / shares
Stock Split
Common stock split, conversion ratio	2	2	2
Percentage of common stock dividend distributed as a result of stock split					100.00%
Shares issued to stockholders as a result of common stock split \| shares		29.4
Common stock, par value (in dollars per share) \| $ / shares				$ 1.00		$ 1.00	$ 1.00	$ 1.00
Value of shares transferred from retained earnings to common stock \| $		$ 29.4

Acquisitions (Details) $ in Millions	Aug. 03, 2012 USD ($)
Fiscal 2012 Acquisitions
Acquisitions
Purchase price	$ 11.1

Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
Comprehensive Income (Details) - USD ($) $ in Thousands	Aug. 03, 2012	Jul. 29, 2011	Aug. 03, 2012	Jul. 29, 2011
Comprehensive Income
Net earnings	$ 40,549	$ 35,091	$ 129,290	$ 112,623
Other comprehensive income (loss):
Cumulative translation adjustments	(3,181)	(1,472)	(4,936)	5,485
Pension liability adjustment, net of tax				(257)
Unrealized (loss) gain on derivative instruments, net of tax	(92)	1,652	845	1,982
Total comprehensive income	37,276	35,271	125,199	119,833
Pension liability adjustment, tax				(151)
Unrealized (loss) gain on derivative instruments, tax	$ (282)	$ 854	$ 266	$ 1,041

- Definition

The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 8, 9, 10, 11, 12, 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph A5
-Appendix A

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e557-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Net Income
-URI http://asc.fasb.org/extlink&oid=6518256

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6920043&loc=d3e540-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6508144

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The increase (decrease) to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to the parent entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 30
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 29
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569643-111683

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 19
-URI http://asc.fasb.org/extlink&oid=6921628&loc=SL4569616-111683

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (c)(3)
-URI http://asc.fasb.org/extlink&oid=6921930&loc=SL4573702-111684

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 38
-Subparagraph c(3)
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

Tax effects of the increase (decrease) to accumulated comprehensive income during the period related to benefit plans that is attributable to the parent entity.

+ References

+ Details

- Definition

Net of tax effect change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges, that is attributable to the parent entity. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses.

+ References

+ Details

- Definition

Total tax effect of the change in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges that is attributable to the parent entity. The change includes an entity's share of an equity investee's increase (decrease) in deferred hedging gains or losses.

+ References

+ Details

- Definition

Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity.

+ References

+ Details

Stock-Based Compensation (Details)	3 Months Ended		9 Months Ended
Stock-Based Compensation (Details)	Feb. 03, 2012 $ / shares	Jan. 28, 2011 $ / shares	Aug. 03, 2012 Y shares $ / shares	Jul. 29, 2011 Y $ / shares
Stock Option Awards
Stock-Based Compensation
Frequency of grants			On an annual basis in the first quarter of the company's fiscal year
Description of portion of stock-based award that generally vest per year for employees and non-employee directors			one-third
Portion of stock-based award that generally vest per year for employees and non-employee directors			0.333
Award vesting period			3 years
Term of award			P10Y
Requisite service period for non-employee director based upon which fair value of options granted is expensed on the date of grant (in years) \| Y			10
Fair value assumptions for options granted
Expected life of option (in years) \| Y			6	6
Expected volatility, low end of range (as a percent)			34.87%	33.34%
Expected volatility, high end of range (as a percent)			35.02%	33.43%
Weighted-average volatility (as a percent)			35.01%	33.42%
Risk-free interest rate (as a percent)			1.20%
Risk-free interest rate, low end of range (as a percent)				1.72%
Risk-free interest rate, high end of range (as a percent)				2.36%
Expected dividend yield, low end of range (as a percent)			1.31%	1.04%
Expected dividend yield, high end of range (as a percent)			1.40%	1.16%
Weighted-average dividend yield (as a percent)			1.32%	1.05%
Grant date per share weighted-average fair value (in dollars per share) \| $ / shares			$ 8.55	$ 10.15
Other option awards - Employees
Stock-Based Compensation
Award vesting period			3 years
Term of award			P10Y
Other option awards - non-employee directors
Stock-Based Compensation
Award vesting period			3 years
Term of award			P10Y
Other option awards - key employees
Stock-Based Compensation
Award vesting period			3 years
Term of award			P10Y
Performance Share Awards
Stock-Based Compensation
Frequency of grants			On an annual basis in the first quarter of the company's fiscal year
Award vesting period			3 years
Fair value assumptions for options granted
Grant date per share weighted-average fair value (in dollars per share) \| $ / shares	$ 28.24	$ 30.49
Performance goal period (in years) \| Y			3
Maximum increase in the number of shares of common stock a participant receives based on the achievement of performance goals (as a percent)			200.00%
Potential lowest number of shares of common stock that could be received based on the achievement level of performance goals \| shares			0
Restricted Stock Awards
Stock-Based Compensation
Description of portion of stock-based award that generally vest per year for employees and non-employee directors			one-third
Portion of stock-based award that generally vest per year for employees and non-employee directors			0.333
Award vesting period			3 years
Fair value assumptions for options granted
Grant date per share weighted-average fair value (in dollars per share) \| $ / shares			$ 33.61	$ 30.62

Per Share Data (Details)	1 Months Ended			3 Months Ended		9 Months Ended
Per Share Data (Details)	Jun. 30, 2012	May 31, 2012	Nov. 30, 2011	Aug. 03, 2012 shares	Jul. 29, 2011 shares	Aug. 03, 2012 shares	Jul. 29, 2011 shares
Basic
Weighted-average number of shares of common stock				59,045,000	62,353,000	59,633,000	62,976,000
Assumed issuance of contingent shares						9,000	6,000
Weighted-average number of shares of common stock and assumed issuance of contingent shares				59,045,000	62,353,000	59,642,000	62,982,000
Diluted
Weighted-average number of shares of common stock and assumed issuance of contingent shares				59,045,000	62,353,000	59,642,000	62,982,000
Effect of dilutive securities (in shares)				1,291,000	1,126,000	1,187,000	1,143,000
Weighted-average number of shares of common stock, assumed issuance of contingent shares, and effect of dilutive securities				60,336,000	63,479,000	60,829,000	64,125,000
Stock split, conversion ratio	2	2	2
Options to purchase, shares of common stock outstanding, excluded from the calculation of diluted net earnings per share				2,247	442,612	32,414	383,682

- Definition

Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 13, 14
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph c
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Diluted Earnings Per Share
-URI http://asc.fasb.org/extlink&oid=6510752

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Contingent Stock Agreement
-URI http://asc.fasb.org/extlink&oid=6508534

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

- Definition

The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period.

+ References + Details

- Definition

This element represents the weighted average total number of shares issued throughout the period including the first (beginning balance outstanding) and last (ending balance outstanding) day of the period before considering any reductions (for instance, shares held in treasury) to arrive at the weighted average number of shares outstanding. Weighted average relates to the portion of time within a reporting period that common shares have been issued and outstanding to the total time in that period. Such concept is used in determining the weighted average number of shares outstanding for purposes of calculating earnings per share (basic).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 10
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e2646-109256

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 45
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

+ Details

- Definition

Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 171
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 40
-Subparagraph a
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 128
-Paragraph 8
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
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-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1448-109256

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Weighted-Average Number of Common Shares Outstanding
-URI http://asc.fasb.org/extlink&oid=6528421

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 07-4
-Paragraph 4
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Inventories (Details) - USD ($) $ in Thousands	Aug. 03, 2012	Oct. 31, 2011	Jul. 29, 2011
Inventories
Raw materials and work in process	$ 83,649	$ 94,176	$ 70,510
Finished goods and service parts	212,142	189,855	217,594
Total FIFO value	295,791	284,031	288,104
Less: adjustment to LIFO value	61,001	61,001	55,742
Total	$ 234,790	$ 223,030	$ 232,362

Goodwill (Details) $ in Thousands	9 Months Ended
Goodwill (Details) $ in Thousands	Aug. 03, 2012 USD ($)
Changes in Goodwill
Goodwill at the beginning of the period	$ 92,020
Translation adjustments	50
Goodwill at the end of the period	92,070
Professional
Changes in Goodwill
Goodwill at the beginning of the period	80,990
Translation adjustments	20
Goodwill at the end of the period	81,010
Residential
Changes in Goodwill
Goodwill at the beginning of the period	11,030
Translation adjustments	30
Goodwill at the end of the period	$ 11,060

- Definition

Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 43
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 68
-Subparagraph l
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6388280&loc=d3e13770-109266

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6905597&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 72
-Subparagraph d
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 142
-Paragraph 45
-Subparagraph e
-Clause 1
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 34
-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

+ Details

Other Intangible Assets (Details) $ in Thousands	9 Months Ended	12 Months Ended
Other Intangible Assets (Details) $ in Thousands	Aug. 03, 2012 USD ($) Y	Oct. 31, 2011 USD ($) Y	Jul. 29, 2011 USD ($)
Other Intangible Assets
Gross Carrying Amount	$ 54,469	$ 51,378
Accumulated Amortization	(25,412)	(21,113)
Net	29,057	30,265
Non-amortizable - Trade names	5,281	5,281
Total other intangible assets, gross	59,750	56,659
Total other intangible assets, net	34,338	$ 35,546	$ 36,813
Amortization expense for intangible assets	4,500
Estimated amortization expense
Fiscal 2012 (remainder)	1,500
Fiscal 2013	5,800
Fiscal 2014	5,400
Fiscal 2015	5,200
Fiscal 2016	4,700
Fiscal 2017	3,700
After fiscal 2017	$ 2,800
Patents
Other Intangible Assets
Estimated life, low end of range (in years) \| Y	1.5	5
Estimated life, high end of range (in years) \| Y	13	13
Gross Carrying Amount	$ 9,593	$ 9,403
Accumulated Amortization	(7,895)	(7,505)
Net	$ 1,698	$ 1,898
Non-compete agreements
Other Intangible Assets
Estimated life, low end of range (in years) \| Y	1.5	2
Estimated life, high end of range (in years) \| Y	10	10
Gross Carrying Amount	$ 6,297	$ 6,250
Accumulated Amortization	(3,422)	(2,685)
Net	$ 2,875	$ 3,565
Customer related
Other Intangible Assets
Estimated life, low end of range (in years) \| Y	1.5	5
Estimated life, high end of range (in years) \| Y	13	13
Gross Carrying Amount	$ 8,270	$ 8,189
Accumulated Amortization	(3,479)	(2,857)
Net	$ 4,791	$ 5,332
Developed technology
Other Intangible Assets
Estimated life, low end of range (in years) \| Y	1.5	2
Estimated life, high end of range (in years) \| Y	10	10
Gross Carrying Amount	$ 27,994	$ 25,236
Accumulated Amortization	(9,336)	(7,016)
Net	$ 18,658	$ 18,220
Trade names
Other Intangible Assets
Estimated life (in years) \| Y		5
Estimated life, low end of range (in years) \| Y	1.5
Estimated life, high end of range (in years) \| Y	5
Gross Carrying Amount	$ 1,515	$ 1,500
Accumulated Amortization	(480)	(250)
Net	1,035	1,250
Non-amortizable - Trade names	5,281	5,281
Other
Other Intangible Assets
Gross Carrying Amount	800	800
Accumulated Amortization	$ (800)	$ (800)

Investment in Joint Venture (Details) - Red Iron Acceptance, LLC $ in Millions	9 Months Ended
	Aug. 03, 2012 USD ($)	Jul. 29, 2011 USD ($)	Jun. 06, 2012 Y
Schedule of Equity Method Investments
Period of unlimited automatic extensions after the initial term of joint venture (in years) \| Y			2
Period of notice to be given by parties under the joint venture for not extending the initial term or any subsequent term of joint venture (in years) \| Y			1
Portion owned by Toro (as a percent)	45.00%
Portion owned by TCFIF (as a percent)	55.00%
Secured revolving credit facility	$ 450.0
Investment in joint venture	14.4
Maximum aggregate amount of products repossessed by Red Iron and the TCFIF Canadian affiliate, entity has agreed to repurchase in a calendar year	7.5
Maximum amount of recourse provided to joint venture for outstanding receivables	0.2
Net amount of new receivables financed for dealers and distributors	920.3	$ 890.9
Summarized financial information for Red Iron
Total assets	291.2
Total liabilities	$ 259.2

Warranty Guarantees (Details) - USD ($) $ in Thousands	9 Months Ended
Warranty Guarantees (Details) - USD ($) $ in Thousands	Aug. 03, 2012	Jul. 29, 2011
Warranty provisions, claims, and changes in estimates
Beginning balance	$ 62,730	$ 56,934
Warranty Provisions	32,268	32,739
Warranty Claims	(23,656)	(21,813)
Changes in Estimates	2,183	2,179
Addition from acquisitions	200	275
Ending balance	$ 73,725	$ 70,314

Segment Data (Details) $ in Thousands	3 Months Ended		9 Months Ended
Segment Data (Details) $ in Thousands	Aug. 03, 2012 USD ($)	Jul. 29, 2011 USD ($)	Aug. 03, 2012 USD ($) segment	Jul. 29, 2011 USD ($)	Oct. 31, 2011 USD ($)
Segment Data
Number of reportable business segments \| segment			3
Financial information concerning the company's reportable segments
Net sales	$ 504,076	$ 501,045	$ 1,619,396	$ 1,515,858
Earnings (loss) before income taxes	59,468	52,291	193,946	167,244
Total assets	986,528	967,547	986,528	967,547	$ 870,663
Components of the loss before income taxes included in "Other"
Interest expense	(4,198)	(4,294)	(12,791)	(12,596)
Other	2,681	1,861	5,231	4,560
Earnings before income taxes	59,468	52,291	193,946	167,244
Professional
Financial information concerning the company's reportable segments
Net sales	361,120	345,972	1,100,899	1,022,536
Intersegment gross sales	12,012	10,678	31,134	30,245
Earnings (loss) before income taxes	70,537	64,344	211,329	187,869
Total assets	548,381	540,977	548,381	540,977
Components of the loss before income taxes included in "Other"
Earnings before income taxes	70,537	64,344	211,329	187,869
Residential
Financial information concerning the company's reportable segments
Net sales	135,894	147,479	505,399	480,404
Intersegment gross sales	90	842	2	3,006
Earnings (loss) before income taxes	10,048	4,638	51,174	42,545
Total assets	179,452	210,479	179,452	210,479
Components of the loss before income taxes included in "Other"
Earnings before income taxes	10,048	4,638	51,174	42,545
Other
Financial information concerning the company's reportable segments
Net sales	7,062	7,594	13,098	12,918
Intersegment gross sales	(12,102)	(11,520)	(31,136)	(33,251)
Earnings (loss) before income taxes	(21,117)	(16,691)	(68,557)	(63,170)
Total assets	258,695	216,091	258,695	216,091
Components of the loss before income taxes included in "Other"
Corporate expenses	(19,805)	(15,462)	(60,991)	(53,227)
Interest expense	(4,198)	(4,294)	(12,791)	(12,596)
Other	2,886	3,065	5,225	2,653
Earnings before income taxes	$ (21,117)	$ (16,691)	$ (68,557)	$ (63,170)

Treasury Share Retirement (Details) shares in Millions	1 Months Ended
Treasury Share Retirement (Details) shares in Millions	Jun. 30, 2012	May 31, 2012	Nov. 30, 2011 shares
Treasury Share Retirement
Treasury shares authorized for retirement			30
Common stock split, conversion ratio	2	2	2

Derivative Instruments and Hedging Activities (Details) $ in Thousands, € in Millions, in Millions	3 Months Ended		9 Months Ended
	Aug. 03, 2012 USD ($) Item	Jul. 29, 2011 USD ($)	Aug. 03, 2012 USD ($) M Item	Jul. 29, 2011 USD ($)	Aug. 03, 2012 RON ( ) Item	Aug. 03, 2012 EUR (€) Item
Summary of cash flow hedge activity
Maximum time limit for cash flow hedge			2 years
Cash flow hedge effectiveness testing, grace period (in months) \| M			2
Derivative Instruments and Hedging Activities
Total foreign currency contract asset derivatives at fair value	$ 2,616		$ 2,616
Total foreign currency contract liability derivatives at fair value	175	$ 4,173	175	$ 4,173
Gain (Loss) Recognized in OCI on Foreign Exchange Contract Derivative (Effective Portion)	(92)	704	840	(5,187)
Gain (Loss) Reclassified from AOCI into Income on Foreign Exchange Contract Derivative (Effective Portion)	944	(1,605)	2,004	(3,821)
Gain (Loss) Recognized in Net Earnings	3,132	543	7,927	(8,966)
Reclassification of gains from AOCI to earnings during the next 12 months on foreign currency contracts			400
Forward currency contracts
Derivative Instruments and Hedging Activities
Notional amount of foreign currency contracts designated as cash flow hedges	57,200		57,200
Foreign currency contract, designated as hedging instrument, classified in prepaid expenses	3		3
Foreign currency contract, not designated as hedging instrument, classified in prepaid expenses	970		970
Foreign currency contract, designated as hedging instrument, classified in accrued liabilities		961		961
Foreign currency contract, not designated as hedging instrument, classified in accrued liabilities	175	3,212	175	3,212
Forward currency contracts \| Net sales
Derivative Instruments and Hedging Activities
Gain (Loss) Recognized in OCI on Foreign Exchange Contract Derivative (Effective Portion)	(463)	732	(222)	(6,387)
Gain (Loss) Reclassified from AOCI into Income on Foreign Exchange Contract Derivative (Effective Portion)	1,033	(1,992)	2,738	(4,582)
Forward currency contracts \| Cost of sales
Derivative Instruments and Hedging Activities
Gain (Loss) Recognized in OCI on Foreign Exchange Contract Derivative (Effective Portion)	(16)	(28)	675	1,200
Gain (Loss) Reclassified from AOCI into Income on Foreign Exchange Contract Derivative (Effective Portion)	(475)	387	(1,120)	761
Forward currency contracts \| Other income, net
Derivative Instruments and Hedging Activities
Gain (Loss) recognized in Income on Derivatives (Ineffective Portion and Excluded from Effectiveness Testing)	394	(353)	597	(711)
Gain (Loss) Recognized in Net Earnings	$ 2,233	$ 543	$ 6,930	$ (8,966)
Cross currency swaps
Derivative Instruments and Hedging Activities
Number of foreign currency contracts held \| Item	1		1		1	1
Notional amount of foreign currency contracts designated as cash flow hedges					36.6	€ 8.5
Foreign currency contract, designated as hedging instrument, classified in prepaid expenses	$ 624		$ 624
Foreign currency contract, not designated as hedging instrument, classified in prepaid expenses	1,019		1,019
Cross currency swaps \| Other income, net
Derivative Instruments and Hedging Activities
Gain (Loss) Recognized in OCI on Foreign Exchange Contract Derivative (Effective Portion)	387		387
Gain (Loss) Reclassified from AOCI into Income on Foreign Exchange Contract Derivative (Effective Portion)	386		386
Gain (Loss) Recognized in Net Earnings	$ 899		$ 997

Fair Value Measurements (Details) - Measured on a recurring basis - USD ($) $ in Thousands	Aug. 03, 2012	Oct. 31, 2011	Jul. 29, 2011
Fair Value
Assets:
Cash and cash equivalents	$ 143,058	$ 80,886	$ 118,113
Foreign exchange contracts	2,616
Total Assets	145,674	80,886	118,113
Liabilities:
Foreign exchange contracts	175	3,150	4,173
Deferred compensation liabilities	3,738	4,297	4,477
Total Liabilities	3,913	7,447	8,650
Level 1
Assets:
Cash and cash equivalents	143,058	80,886	118,113
Total Assets	143,058	80,886	118,113
Level 2
Assets:
Foreign exchange contracts	2,616
Total Assets	2,616
Liabilities:
Foreign exchange contracts	175	3,150	4,173
Deferred compensation liabilities	3,738	4,297	4,477
Total Liabilities	$ 3,913	$ 7,447	$ 8,650