| (IN THOUSANDS) | OCTOBER 31, |
| |
2000
|
1999
|
 |
ASSETS
|
|
|
|
|
| Current assets: |
|
|
| Cash and cash equivalents |
$
|
14,608
|
$
|
20,922
|
| Accounts receivable,
less allowances of $2,440 in 2000 and $1,136 in 1999 |
33,058
|
26,792
|
| Inventories |
38,219
|
33,430
|
| Deferred tax assets |
17,800
|
11,638
|
| Prepaid expenses
and other current assets |
9,000
|
7,679
|
|
|
| Total
current assets |
112,685
|
100,461
|
|
|
| Property, plant
and equipment, at cost |
67,216
|
54,211
|
| Less accumulated
depreciation and amortization |
19,283
|
13,892
|
|
|
| |
47,933
|
40,319
|
|
|
| Goodwill and other
intangibles, net |
110,854
|
80,518
|
| Deferred tax assets |
42,979
|
56,519
|
| Other assets |
8,114
|
8,056
|
|
|
| |
$
|
322,565
|
$
|
285,873
|
|
|
LIABILITIES
AND STOCKHOLDERS'
EQUITY
|
|
|
|
|
| Current liabilities: |
|
|
| Notes payable |
$
|
6,062
|
$
|
2,583
|
| Current installments
of long-term debt |
2,032
|
2,305
|
| Accounts payable |
7,733
|
6,263
|
| Employee compensation
and benefits |
6,652
|
5,885
|
| Accrued divestiture
costs |
1,533
|
3,231
|
| Accrued acquisition
costs |
18,900
|
229
|
| Accrued income taxes |
8,033
|
11,351
|
| Other accrued liabilities |
14,330
|
10,049
|
|
|
| Total
current liabilities |
65,275
|
41,896
|
|
|
| Long-term debt |
40,257
|
57,067
|
| Other noncurrent liabilities |
18,595
|
22,767
|
|
|
| Total liabilities |
124,127
|
121,730
|
|
|
| Commitments and contingencies
(see Note 11) | |
|
| Stockholders' equity: |
|
|
| Preferred stock,
10 cents par value, shares authorized: |
|
|
| 1,000;
zero shares issued or outstanding |
|
|
| Common stock, 10
cents par value, shares authorized: |
-
|
-
|
40,000;
issued: 15,189 and 14,975 at October 31, 2000
and 1999, respectively |
1,519
|
1,497
|
| Additional paid-in
capital |
257,994
|
251,345
|
| Less: |
|
|
| Accumulated
other comprehensive loss |
(3,558)
|
(595)
|
| Deferred
compensation |
(129)
|
-
|
| Accumulated
deficit |
(46,210)
|
(74,044)
|
Treasury
stock at cost: 729 and 917 shares at October
31, 2000 and 1999, respectively |
(11,178)
|
(14,060)
|
|
|
| Stockholders' equity |
198,438
|
164,143
|
|
|
| |
$
|
322,565
|
$
|
285,873
|
|
|
See accompanying notes to consolidated financial statements.
|
