View Filing Data

Property, plant and equipment, net of accumulated depreciation of $116,307 and $107,771 at January 31, 2013 and October 31, 2012, respectively

^[2]

17,832

17,780

74,232

59,909

Other intangible assets, net of accumulated amortization of $107,499 and $100,180 at January 31, 2013 and October 31, 2012, respectively

160,918

109,138

Goodwill

869,766

751,610

Noncurrent deferred income taxes, net

2,324

17,610

Noncurrent insurance recoverables

54,660

54,630

Other assets

39,911

38,898

Total assets

2,088,148

1,851,158

Current liabilities

Trade accounts payable

131,114

130,410

Accrued liabilities

Compensation

119,634

121,855

Taxes-other than income

30,140

19,437

Insurance claims

80,189

80,192

Other

93,850

95,473

Income taxes payable

4,227

8,450

Total current liabilities

459,154

455,817

Noncurrent income taxes payable

29,418

27,773

Line of credit

^[3]

423,000

215,000

Retirement plans and other

43,753

38,558

Noncurrent insurance claims

273,360

263,612

Total liabilities

1,228,685

1,000,760

Commitments and contingencies

Stockholders' Equity

Preferred stock, $0.01 par value; 500,000 shares authorized; none issued

Common stock, $0.01 par value; 100,000,000 shares authorized; 54,627,987 and 54,393,907 shares issued and outstanding at January 31, 2013 and October 31, 2012, respectively

546

544

Additional paid-in capital

238,870

234,636

Accumulated other comprehensive loss, net of taxes

(2,180)

(2,154)

Retained earnings

622,227

617,372

Total stockholders' equity

859,463

850,398

Total liabilities and stockholders' equity

$ 2,088,148

$ 1,851,158

[1]	Cash and cash equivalents are stated at nominal value, which equals fair value.
[2]	As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, "Auction Rate Securities," for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.
[3]	Represents the Company's $650.0 million five-year syndicated line of credit. Due to variable interest rates, the carrying value of outstanding borrowings under the Company's line of credit approximates its fair value. See Note 8, "Line of Credit," for more information

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jan. 31, 2013	Oct. 31, 2012
Trade accounts receivable, allowance	$ 11,963	$ 11,125
Property, plant and equipment, accumulated depreciation	116,307	107,771
Other intangible assets, accumulated amortization	$ 107,499	$ 100,180
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	500,000	500,000
Preferred stock, shares issued	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	54,627,987	54,393,907
Common stock, shares outstanding	54,627,987	54,393,907

Condensed Consolidated Statements Of Comprehensive Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Revenues	$ 1,182,123	$ 1,073,785
Expenses
Operating	1,067,879	966,420
Selling, general and administrative	87,749	84,020
Amortization of intangible assets	7,189	5,549
Total expenses	1,162,817	1,055,989
Operating profit	19,306	17,796
Income from unconsolidated affiliates, net	1,195	3,132
Interest expense	(3,310)	(2,834)
Income from continuing operations before income taxes	17,191	18,094
Provision for income taxes	(3,809)	(7,454)
Income from continuing operations	13,382	10,640
Loss from discontinued operations, net of taxes		(10)
Net income	$ 13,382	$ 10,630
Net income per common share-Basic
Income from continuing operations	$ 0.25	$ 0.20
Loss from discontinued operations, net of taxes
Net income	0.25	0.20
Net income per common share-Diluted
Income from continuing operations	0.24	0.20
Loss from discontinued operations, net of taxes
Net income	$ 0.24	$ 0.20
Weighted-average common and common equivalent shares outstanding
Basic	54,525	53,499
Diluted	55,497	54,493
Dividends declared per common share	$ 0.150	$ 0.145
Comprehensive income	$ 13,356	$ 11,989

Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands

3 Months Ended

Jan. 31, 2013

Jan. 31, 2012

Cash flows from operating activities:

Net income

$ 13,382

$ 10,630

Loss from discontinued operations, net of taxes

Income from continuing operations

13,382

10,640

Adjustments to reconcile income from continuing operations to net cash (used in) provided by continuing operating activities:

Depreciation and amortization

15,889

12,974

Deferred income taxes

138

2,940

Share-based compensation expense

3,132

2,789

Provision for bad debt

1,316

604

Discount accretion on insurance claims

126

180

Loss (gain) on sale of assets

(455)

Income from unconsolidated affiliates, net

(1,195)

(3,132)

Distributions from unconsolidated affiliates

681

2,963

Changes in operating assets and liabilities, net of effects of acquisitions:

Trade accounts receivable

(25,378)

(22,173)

Prepaid expenses and other current assets

3,188

(7,649)

Insurance recoverables

(30)

(43)

Other assets and long-term receivables

3,748

6,725

Income taxes payable

(2,444)

3,363

Retirement plans and other non-current liabilities

(516)

Insurance claims

718

3,326

Trade accounts payable and other accrued liabilities

(24,249)

(1,346)

Total adjustments

(24,869)

1,149

Net cash (used in) provided by continuing operating activities

(11,487)

11,789

Net cash provided by discontinued operating activities

202

Net cash (used in) provided by operating activities

(11,487)

11,991

Cash flows from investing activities:

Additions to property, plant and equipment

(4,090)

(11,926)

Proceeds from sale of assets and other

103

682

Purchase of businesses, net of cash acquired

(187,837)

Net cash used in investing activities

(191,824)

(11,244)

Cash flows from financing activities:

Proceeds from exercises of stock options (including income tax benefit)

745

2,241

Dividends paid

(16,054)

(7,746)

Deferred financing costs paid

(14)

Borrowings from line of credit

425,000

212,000

Repayment of borrowings from line of credit

(217,000)

(219,000)

Changes in book cash overdrafts

4,609

2,955

Other

(1,022)

Net cash provided by (used in) financing activities

196,278

(9,564)

Net decrease in cash and cash equivalents

(7,033)

(8,817)

Cash and cash equivalents at beginning of year

43,459

^[1]

26,467

Cash and cash equivalents at end of period

36,426

^[1]

17,650

Supplemental Data:

Cash paid for income taxes, net of refunds received

4,612

1,098

Tax effect from exercise of options

Cash received from exercise of options

714

2,241

Interest paid on line of credit

$ 1,958

$ 1,592

[1]	Cash and cash equivalents are stated at nominal value, which equals fair value.

Nature of Business

3 Months Ended

Jan. 31, 2013

Nature of Business

1. NATURE OF BUSINESS

ABM Industries Incorporated, together with its consolidated subsidiaries (hereinafter collectively referred to as “ABM,” “we,” “us,” “our,” or the “Company”), is a leading provider of end-to-end integrated facility solutions services to thousands of commercial, governmental, industrial, institutional, retail, and residential facilities located primarily throughout the United States. The Company’s comprehensive capabilities include expansive facility solutions, energy solutions, commercial cleaning, maintenance and repair, HVAC, electrical, landscaping, parking, and security services, provided through stand-alone or integrated solutions. The Company was reincorporated in Delaware on March 19, 1985, as the successor to a business founded in California in 1909.

Basis of Presentation

3 Months Ended

Jan. 31, 2013

Basis of Presentation

2. BASIS OF PRESENTATION

The accompanying unaudited condensed consolidated financial statements have been prepared by the Company in accordance with U.S. generally accepted accounting principles (“U.S. GAAP”) and Article 10 of Regulation S-X under the Securities Exchange Act of 1934, as amended, and should be read in conjunction with the Company’s audited consolidated financial statements (and notes thereto) filed with the U.S. Securities and Exchange Commission (“SEC”) in the Company’s Annual Report on Form 10-K for the fiscal year ended October 31, 2012. Unless otherwise noted, all references to years are to the Company’s fiscal year, which ends on October 31.

In the opinion of management, our unaudited condensed consolidated financial statements and accompanying notes (the “Financial Statements”) include all normal recurring adjustments considered necessary by management to fairly state the financial position, results of operations and cash flows for the interim periods presented. Interim results of operations are not necessarily indicative of the results for the full year.

The accounting policies applied in the accompanying Financial Statements are the same as those applied in the Company’s audited consolidated financial statements as at and for the year ended October 31, 2012, contained in the Company’s 2012 Annual Report on Form 10-K, unless indicated otherwise.

Certain amounts in prior year financial statements have been reclassified to conform to the current year presentation.

2013 Changes in Reportable Segments

In periods prior to the first quarter of 2013, our reportable segments consisted of Janitorial, Parking, Security, and Facility Solutions. Effective in the first quarter of 2013, we revised our reportable segments to align them with the reorganization of our operational structure to an onsite, mobile, and on-demand market-based structure. Our onsite service line includes the Janitorial, Parking, and Security segments and a portion of our prior Facility Solutions segment. As a result, we have separated our previous Facility Solutions reportable segment into two new reportable segments, Facility Services and Building & Energy Solutions. The Building & Energy Solutions measurement of segment operating profit also includes the results of certain investments in unconsolidated affiliates that provide facility solutions primarily to the U.S. Government. Services provided by those affiliates complement services provided by our other business operations included in the Building & Energy Solutions segment. The Janitorial, Parking, and Security segments will continue to be separately reported. Air Serv Corporation (“Air Serv”), which was acquired on November 1, 2012, will be reported in a new segment, Other. Refer to Note 4, “Acquisitions,” for further details on this acquisition.

Our segments and their activities are as follows:


Segment		Activities
Janitorial		Provides a wide range of essential janitorial services for clients in a variety of facilities, including commercial office buildings, industrial buildings, retail stores, shopping centers, warehouses, airport terminals, health facilities, educational institutions, stadiums and arenas, and government buildings. These services include, among others: floor cleaning and finishing; window washing; furniture polishing; carpet cleaning and dusting; and other building cleaning services.

Facility Services		Provides onsite mechanical engineering and technical services and solutions for facilities and infrastructure systems for clients in a variety of facilities, including: schools; universities; shopping malls; museums; commercial infrastructure; airports and other transportation centers; data centers; high technology manufacturing facilities; corporate office buildings; and resorts.

Parking		Provides parking and transportation services and operates parking lots and garages for clients at many facilities, including office buildings, hotels, medical centers, retail centers, sports and entertainment arenas, educational institutions, municipalities, and airports.

Security		Provides security services for clients in a wide range of facilities, including Class “A” high rise, commercial, industrial, retail, medical, petro-chemical, and residential facilities. Security services include: staffing of security officers; mobile patrol services; investigative services; electronic monitoring of fire and life safety systems and access control devices; and security consulting services.

Building & Energy Solutions		Provides services related to preventative maintenance, retro-commissioning, mechanical retrofits and upgrades, electric vehicle charging stations, electrical service, systems start-ups, performance testing, and energy audits to a wide variety of clients in both the private and public sectors, including U.S. Government entities. Additionally provides support to U.S. Government entities for specialty service solutions such as leadership development, education, and training, language support services, medical support services, and construction management. Also included in the Building & Energy Solutions segment are the Company’s franchised operations under the Linc Network, TEGG, CurrentSAFE, and GreenHomes America brands and the recently acquired HHA Services, Inc. (“HHA”) and the assets and business of Calvert-Jones Company, Inc. (“Calvert-Jones”).

Other		Our recently acquired Air Serv business is included in our Other reportable segment. Air Serv provides integrated facility solutions services for airlines and freight companies at airports primarily in the United States. Services include passenger assistance, wheelchair operations, cabin cleaning, cargo handling, shuttle bus operations, access control, and janitorial services, among others.

Parking Revenue Presentation

The Company’s Parking segment reports both revenues and expenses, in equal amounts, for costs directly reimbursed from its managed parking lot clients. Parking revenues related solely to the reimbursement of expenses totaled $75.9 million and $77.8 million for the three months ended January 31, 2013 and 2012, respectively.

Recent Accounting Pronouncements

In February 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2013-02 (“ASU 2013-02”), Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income. The update requires disclosure of amounts reclassified out of accumulated other comprehensive income (“AOCI”) by component. In addition, an entity is required to present, either on the face of the financial statements or in the notes, significant amounts reclassified out of AOCI by the respective line items of net income, but only if the amount reclassified is required to be reclassified in their entirety in the same reporting period. For amounts that are not required to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures that provide additional details about these amounts. ASU 2013-02 is effective prospectively for reporting periods beginning after December 15, 2012. ASU 2013-02 is effective for us on February 1, 2013. The Company does not expect the adoption of ASU 2013-02 to have a material impact on the Company’s consolidated financial statement presentation.

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

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 275
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2134480

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 852
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2209116

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2122150

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-URI http://asc.fasb.org/subtopic&trid=2197480

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=7880789&loc=SL6228881-111685

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 272
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6373374&loc=d3e70478-108055

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 720
-SubTopic 15
-URI http://asc.fasb.org/subtopic&trid=2122524

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 45
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7668296&loc=d3e288-107754

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 915
-SubTopic 235
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6472506&loc=d3e38932-110933

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6367646&loc=d3e18780-107790

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=18733093&loc=d3e5614-111684

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 205
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6359566&loc=d3e326-107755

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Statement of Position (SOP)
-Number 94-6
-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 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Research Bulletin (ARB)
-Number 51
-Paragraph 2-6
-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 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Interpretation (FIN)
-Number 46R
-Paragraph 4, 14, 15
-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 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS140-4/FIN46(R)-8
-Paragraph 8, C1, C7
-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.

Net Income Per Common Share

Net Income Per Common Share

3 Months Ended

Jan. 31, 2013

3. NET INCOME PER COMMON SHARE

Basic net income per common share is net income divided by the weighted-average number of shares outstanding during the period. Diluted net income per common share is based on the weighted-average number of shares outstanding during the period, adjusted to include the assumed exercise and conversion of certain restricted stock units (“RSUs”), performance shares, and stock options. The calculations of basic and diluted net income per common share are as follows:


	Three Months Ended January 31,
(in thousands, except per share data)	2013		2012
Income from continuing operations	$	13,382	$	10,640
Loss from discontinued operations, net of taxes		—		(10	)

Net income	$	13,382	$	10,630

Weighted-average common and common equivalent shares outstanding—Basic		54,525		53,499
Effect of dilutive securities:
Restricted stock units		422		381
Performance shares		353		298
Stock options		197		315

Weighted-average common and common equivalent shares outstanding—Diluted		55,497		54,493

Net income per common share
Basic	$	0.25	$	0.20
Diluted	$	0.24	$	0.20

The diluted net income per common share excludes certain stock options, performance shares, and RSUs, since the effect of including these awards would have been anti-dilutive as follows:

	Three Months Ended January 31,
(in thousands)	2013		2012
Stock options		1,470		1,359
Performance shares		75		—
Restricted stock units		25		104

Acquisitions

3 Months Ended

Jan. 31, 2013

Acquisitions

4. ACQUISITIONS

Air Serv Acquisition

On November 1, 2012, the Company acquired all of the outstanding stock of Air Serv, for an aggregate purchase price of $158.7 million in cash, subject to certain closing adjustments (the “Air Serv Acquisition”). Approximately $11.9 million of the cash consideration was placed in an escrow account to satisfy any applicable indemnification claims, pursuant to the terms of the purchase agreement. The final consideration and purchase price allocation are subject to, among other items: an additional working capital adjustment; further analysis of tax accounts and insurance balances; and final valuation of identifiable intangible assets, plant and equipment, and capital leases.

Air Serv provides integrated facility solutions services for airlines and freight companies at airports primarily in the United States. The operations of Air Serv are included in the Other segment as of November 1, 2012, the acquisition date. Revenues and operating profit associated with Air Serv were $84.0 million and $2.0 million, respectively, for the three months ended January 31, 2013 and are included in the Company’s unaudited condensed consolidated statements of comprehensive income.

HHA Acquisition

On November 1, 2012, the Company acquired all of the outstanding stock of HHA for an aggregate purchase price of $34.3 million in cash (the “HHA Acquisition”). Approximately $2.0 million of the cash consideration was placed in an escrow account to satisfy any applicable indemnification claims, pursuant to the terms of the purchase agreement. The final consideration and purchase price allocation are subject to, among other items: an additional working capital adjustment; further analysis of tax accounts; and final valuation of identifiable intangible assets.

HHA provides facility solutions, including housekeeping, laundry, patient assist, plant maintenance, and food services to hospitals, healthcare systems, long-term care facilities, and retirement communities. The operations of HHA are included in the Building & Energy Solutions segment as of November 1, 2012, the acquisition date. Revenues and operating loss associated with HHA were $12.8 million and $0.1 million, respectively, for the three months ended January 31, 2013 and are included in the Company’s unaudited condensed consolidated statements of comprehensive income.

Calvert-Jones Acquisition

On November 1, 2012, the Company acquired substantially all of the assets and assumed certain liabilities of Calvert-Jones for a cash purchase price of $6.3 million in cash (the “Calvert-Jones Acquisition”). Approximately $0.7 million of the cash consideration was placed in an escrow account to satisfy any applicable indemnification claims, pursuant to the terms of the purchase agreement. The final consideration and purchase price allocation are subject to, among other items, an additional working capital adjustment and final valuation of identifiable intangible assets.

Calvert-Jones provides mechanical and energy efficient products and solutions in the Washington, D.C. area. The operations of Calvert-Jones are included in the Building & Energy Solutions segment as of November 1, 2012, the acquisition date. Revenues and operating profit associated with Calvert-Jones were $3.6 million and $0.1 million, respectively, for the three months ended January 31, 2013 and are included in the Company’s unaudited condensed consolidated statements of comprehensive income.

Unaudited Preliminary Allocation of Consideration Transferred to Acquire Air Serv, HHA, and Calvert-Jones:

The following table summarizes the preliminary allocation of consideration transferred to acquire Air Serv, HHA, and Calvert-Jones and the amounts of identified assets acquired and liabilities assumed at the acquisition date:


(in thousands)	Air Serv			HHA			Calvert-Jones
Purchase price:

Total cash consideration	$	158,747		$	34,323		$	6,250

Allocated to:
Cash and cash equivalents	$	10,702		$	832		$	—
Trade accounts receivable		52,838			3,175			1,479
Prepaid expenses and other		5,059			927			601
Property, plant and equipment		18,872			123			49
Other intangible assets		44,500			12,000			2,600
Goodwill		88,205			26,013			3,889
Other assets		—			468			—
Trade accounts payable		(4,604	)		(665	)		(1,200	)
Accrued liabilities		(24,457	)		(4,321	)		(864	)
Insurance claims		(8,901	)		—			—
Net deferred income tax liabilities		(17,212	)		(4,212	)		—
Other		(6,255	)		(17	)		(304	)

Net assets acquired	$	158,747		$	34,323		$	6,250

The amount allocated to goodwill for Air Serv and HHA is reflective of the Company’s identification of buyer specific synergies that the Company anticipates will be realized by, among other things, reducing duplicative positions and back office functions and by reducing professional fees and other services. Goodwill is also attributable to the projected long-term business growth through the Company’s expansion in its vertical market expertise in servicing the end-to-end needs of airlines, airport authorities, and healthcare service markets. None of the goodwill associated with the acquisitions of Air Serv and HHA will be amortizable for income tax purposes as the Company acquired all of the outstanding stock of these companies.

Goodwill for the Calvert-Jones Acquisition is attributable to the projected long-term business growth through the Company’s expansion of existing vertical and geographic market offerings in building and energy solutions. A significant portion of the goodwill associated with the Calvert-Jones Acquisition is expected to be amortizable for income tax purposes.

Other intangible assets primarily consist of customer contracts and relationships with a weighted average life of 15 years for Air Serv, 13 years for HHA, and 12 years for Calvert-Jones.

The preliminary estimated fair value of trade accounts receivable acquired for Air Serv reflects gross contractual amounts of $53.2 million, of which $0.4 million is expected to be uncollectable. The preliminary estimated fair value of trade accounts receivable acquired for HHA and Calvert-Jones approximates the contractual amounts.

We have incurred combined acquisition-related costs of $1.1 million, of which $0.3 million has been incurred in the current quarter. These expenses are included in selling, general and administrative expenses in the unaudited condensed consolidated statements of comprehensive income.

Assuming these acquisitions were made at November 1, 2011, the consolidated pro forma results would not be materially different from reported results.

TEGG and CurrentSAFE Acquisition

On May 1, 2012, we entered into an asset purchase agreement with TEGG Corporation (“TEGG”), CurrentSAFE Corporation (“CurrentSAFE”) (both privately held Delaware corporations), TEGG’s shareholder, and certain other parties pursuant to which we acquired substantially all of the assets and assumed certain liabilities of TEGG and CurrentSAFE and also acquired certain software technology from TEGG’s shareholder, for an aggregate purchase price of $5.5 million in cash, net of cash acquired. The purchase price reflects a $0.1 million working capital adjustment received in the fourth quarter of 2012. Approximately $0.5 million of the cash consideration was placed in an escrow account to satisfy any applicable indemnification claims, pursuant to the terms of the purchase agreement. The assets acquired represent the franchise operations of TEGG and CurrentSAFE, and through this acquisition the Company expanded its electrical services to include electrical preventive and predictive maintenance solutions. The acquired net assets and results from operations have been included in the Company’s Building & Energy Solutions segment since May 1, 2012, the date of acquisition. Assuming this acquisition was made at November 1, 2011, the consolidated pro forma results would not be materially different from reported results.

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).

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=7659399&loc=d3e1383-128463

Reference 16: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 88-16
-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 17: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph F4
-Subparagraph e
-Appendix F

Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141
-Paragraph 51, 52
-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 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 141R
-Paragraph 67-73
-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.

Fair Value of Financial Instruments

Fair Value of Financial Instruments

3 Months Ended

Jan. 31, 2013

5. FAIR VALUE OF FINANCIAL INSTRUMENTS

The following table presents the fair value hierarchy, carrying amounts, and fair values of the Company’s financial instruments measured on a recurring basis and other select significant financial instruments as of January 31, 2013 and October 31, 2012:


	Fair Value	January 31, 2013				October 31, 2012
(in thousands)	Hierarchy	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets measured at fair value on a recurring basis
Assets held in funded deferred compensation plan ⁽¹⁾	1	$	5,038	$	5,038	$	5,029	$	5,029
Investments in auction rate securities ⁽²⁾	3		17,832		17,832		17,780		17,780

			22,870		22,870		22,809		22,809

Other select financial asset
Cash and cash equivalents ⁽³⁾	1		36,426		36,426		43,459		43,459

Total		$	59,296	$	59,296	$	66,268	$	66,268

Financial liability measured at fair value on a recurring basis
Interest rate swap ⁽⁴⁾	2	$	175	$	175	$	214	$	214
Other select financial liability
Line of credit ⁽⁵⁾	2		423,000		423,000		215,000		215,000

Total		$	423,175	$	423,175	$	215,214	$	215,214

(1)

Represents investments held in a Rabbi Trust associated with our OneSource Deferred Compensation Plan, which we include in “Other assets” on the accompanying unaudited condensed consolidated balance sheets. The fair value of the assets held in the funded deferred compensation plan is based on quoted market prices.

(2)

As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, “Auction Rate Securities,” for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.

(3)	Cash and cash equivalents are stated at nominal value, which equals fair value.

(4)

Includes derivatives designated as hedging instruments. The fair value of the interest rate swap is estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for London Interbank Offered Rate (“LIBOR”) forward rates at the end of the period. The fair value is then compared to a valuation received from an independent third-party. See Note 8, “Line of Credit,” for more information.

(5)	Represents the Company’s $650.0 million five-year syndicated line of credit. Due to variable interest rates, the carrying value of outstanding borrowings under the Company’s line of credit approximates its fair value. See Note 8, “Line of Credit,” for more information.

The Company’s non-financial assets, which include goodwill and long lived assets held and used, are not required to be measured at fair value on a recurring basis. However, if certain trigger events occur, or if an annual impairment test is required, the Company would evaluate the non-financial assets for impairment. If an impairment was to occur, the asset or liability would be recorded at the estimated fair value.

During the three months ended January 31, 2013, the Company had no transfers of assets or liabilities between any of the above hierarchy levels.

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.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=7578670&loc=d3e19207-110258

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14172-108612

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 21
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13537-108611

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-URI http://asc.fasb.org/extlink&oid=6957238&loc=d3e14064-108612

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13504-108611

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=7491637&loc=d3e13433-108611

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15B
-Subparagraph a, b
-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 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 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 159
-Paragraph 17-22, 27, 28
-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 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15A
-Subparagraph a-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 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 15C, 15D
-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 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 157
-Paragraph 32, 33, 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.

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 107
-Paragraph 3, 10, 14, 15
-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.

Auction Rate Securities

3 Months Ended

Jan. 31, 2013

Auction Rate Securities

6. AUCTION RATE SECURITIES

As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). These auction rate securities are debt instruments with stated maturities ranging from 2033 to 2050, for which the interest rate is designed to be reset through Dutch auctions approximately every 30 days. Auctions for these securities have not occurred since August 2007. On February 8, 2013, one of the Company’s auction rate securities was redeemed by the issuer at its par value of $5.0 million. As of January 31, 2013 and the redemption date, this security was valued at $5.0 million, therefore, no gain or loss was recognized upon its redemption.

At January 31, 2013 and October 31, 2012, the estimated fair value of these securities, in total, were approximately $17.8 million.

As of January 31, 2013, one of the Company’s auction rate securities, with a fair value of $4.8 million, was in a continuous unrealized loss position for less than twelve months and the remaining three auction rate securities, with a fair value of $13.0 million, were not in an unrealized loss position. As of October 31, 2012, two of the Company’s auction rate securities, with an aggregate fair value of $7.8 million, were in a continuous unrealized loss position for less than twelve months and the remaining two auction rate securities, with a fair value of $10.0 million, were not in an unrealized loss position.

The following table presents the significant assumptions used to determine the fair value of the Company’s auction rate securities at January 31, 2013 and October 31, 2012:


Assumption	January 31, 2013	October 31, 2012
Discount rates	L + 1.29% – L + 5.53%	L + 1.37% – L + 6.86%
Yields	2.15%, L + 2.00% – L + 3.50%	2.15%, L + 2.00% – L + 3.50%
Average expected lives	4 – 10 years	4 – 10 years

L - One Month LIBOR

The fair value of the auction rate securities is affected most significantly by the changes in the average expected lives of the securities, but is also impacted by the specific discount rate used to adjust the outcomes to their present values. If the average expected lives of the securities increase or decrease, the fair value of the securities will decrease or increase accordingly, in amounts that will vary based on the timing of the projected cash flows and the specific discount rate used to calculate the present value of the expected cash flows.

The following tables present the changes in the cost basis and fair value of the Company’s auction rate securities as of January 31, 2013 and October 31, 2012:


(in thousands)	Cost Basis			Fair Value (Level 3)
Balance at November 1, 2012	$	17,994		$	17,780
Unrealized gains included in accumulated other comprehensive loss		—			52

Balance at January 31, 2013	$	17,994		$	17,832


(in thousands)	Cost Basis			Fair Value (Level 3)
Balance at November 1, 2011	$	18,307		$	15,670
Unrealized gains included in accumulated other comprehensive loss		—			2,110
Other-than-temporary credit loss recognized in earnings		(313	)		—

Balance at October 31, 2012	$	17,994		$	17,780

At January 31, 2013 and October 31, 2012, unrealized losses of $0.2 million ($0.1 million net of tax) were recorded in accumulated other comprehensive loss.

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27337-111563

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27198-111563

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 320
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27161-111563

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27357-111563

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 19, 20, 21
-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 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 17
-Subparagraph a, b
-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 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-1
-Paragraph 21
-Subparagraph a, b
-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.

Insurance

3 Months Ended

Jan. 31, 2013

Insurance

7. INSURANCE

The Company uses a combination of insurance and self-insurance programs to cover workers’ compensation, general liability, property damage, and other insurable risks. For the majority of these insurance programs, the Company retains the initial $1.0 million of exposure on a per-claim basis either through deductibles or self-insurance retentions. Beyond the retained exposures, the Company has varying primary policy limits between $1.0 million and $5.0 million per occurrence. As of January 31, 2013, to cover general liability losses above these limits, the Company maintained commercial insurance umbrella policies that provide $200.0 million of coverage. Workers’ compensation liability losses have unlimited coverage due to statutory regulations. Additionally, to cover property damage risks above its retention limits, the Company maintained policies that provide $75.0 million of coverage. The Company is also self-insured for certain employee medical and dental plans. The Company retains up to $0.4 million of exposure on a per claim basis under medical plans.

The adequacy of workers’ compensation, general liability, automotive, and property damage insurance claims reserves is based upon actuarial estimates of required reserves considering the most recently completed actuarial reports in 2012 and known events. Actuarial reports are expected to be completed for the Company’s significant programs using recent claims data and may result in adjustments to earnings during the third and fourth quarters of 2013.

The Company had insurance claims reserves totaling $353.5 million and $343.8 million at January 31, 2013 and October 31, 2012, respectively. The balance at January 31, 2013 and October 31, 2012 includes $7.1 million and $13.0 million in reserves, respectively, related to the Company’s medical and dental self-insured plans. The Company also had insurance recoverables totaling $64.5 million at January 31, 2013 and October 31, 2012.

The Company had the following standby letters of credit, surety bonds, and restricted insurance deposits outstanding at January 31, 2013 and October 31, 2012, to collateralize its self-insurance obligations.


(in thousands)	January 31, 2013		October 31, 2012
Standby Letters of Credit	$	103,992	$	104,968
Surety Bonds		42,463		34,933
Restricted Insurance Deposits		27,982		31,720

Total	$	174,437	$	171,621

Line of Credit

3 Months Ended

Jan. 31, 2013

Line of Credit

8. LINE OF CREDIT

On November 30, 2010, the Company entered into a five-year syndicated credit agreement (“Credit Agreement”) that replaced the Company’s then-existing $450.0 million syndicated credit agreement dated November 14, 2007. The Credit Agreement provides for revolving loans, swing line loans, and letters of credit up to an aggregate amount of $650.0 million (the “Facility”). The Company, at its option, may increase the size of the Facility to $850.0 million at any time prior to the expiration (subject to receipt of commitments for the increased amount from existing and new lenders). During the year ended October 31, 2011, the Credit Agreement was amended to reduce the borrowing spread interest on loans, extend the maturity date to September 8, 2016, and revise certain defined terms.

Borrowings under the Facility bear interest at a rate equal to an applicable margin plus, at the Company’s option, either a (a) eurodollar rate (generally LIBOR) or (b) base rate determined by reference to the highest of (1) the federal funds rate plus 0.50%, (2) the prime rate announced by Bank of America, N.A. from time to time, and (3) the eurodollar rate plus 1.00%. The applicable margin is a percentage per annum varying from 0.00% to 0.75% for base rate loans and 1.00% to 1.75% for eurodollar loans, based upon the Company’s leverage ratio. The Company also pays a commitment fee, based on the leverage ratio, payable quarterly in arrears, ranging from 0.225% to 0.300% on the average daily unused portion of the Facility. For purposes of this calculation, irrevocable standby letters of credit, issued primarily in conjunction with the Company’s self-insurance program, and cash borrowings are included as outstanding under the Facility.

The Credit Agreement contains certain leverage and liquidity covenants that require us to maintain a maximum leverage ratio of 3.25x at the end of each fiscal quarter, a minimum fixed charge coverage ratio of 1.50x at any time, and a consolidated net worth in an amount not less than the sum of (i) $570.0 million, (ii) 50% of our consolidated net income (with no deduction for net loss), and (iii) 100% of our aggregate increases in stockholder’s equity, beginning on November 30, 2010, each as further described in the Credit Agreement, as amended. The Company was in compliance with all covenants as of January 31, 2013.

If an event of default occurs under the Credit Agreement, including certain cross-defaults, insolvency, change in control, and violation of specific covenants, among others, the lenders can terminate or suspend the Company’s access to the Facility, declare all amounts outstanding under the Facility, including all accrued interest and unpaid fees, to be immediately due and payable, and may also require that the Company cash collateralize the outstanding standby letters of credit obligations.

The Facility is available for working capital, the issuance of up to $300.0 million for standby letters of credit, the issuance of up to $50.0 million in swing line advances, the financing of capital expenditures, and other general corporate purposes, including acquisitions. As of January 31, 2013, the total outstanding amounts under the Facility in the form of cash borrowings and standby letters of credit were $423.0 million and $104.0 million, respectively. As of October 31, 2012, the total outstanding amounts under the Facility in the form of cash borrowings and standby letters of credit were $215.0 million and $105.0 million, respectively. At January 31, 2013 and October 31, 2012, the Company had up to $123.0 million and $330.0 million borrowing capacity, respectively, under the Facility, the availability of which is subject to and may be limited by compliance with the covenants described above.

Interest Rate Swaps

On October 19, 2010, the Company entered into a three-year forward starting interest rate swap agreement with an effective start date of February 24, 2011 and an underlying notional amount of $25.0 million, pursuant to which the Company receives variable interest payments based on LIBOR and pays fixed interest at a rate of 0.89%. This interest rate swap will mature on February 24, 2014 and is structured to hedge the interest risk associated with our floating-rate, LIBOR-based debt. The swap was designated and accounted for as a cash flow hedge from inception.

The fair value of the interest rate swap is estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for LIBOR forward rates at the end of the period. The Company includes its own credit risk for liability financial instruments and counterparty credit risks for asset financial instruments when measuring the fair value of derivative financial instruments. For derivative instruments designated as cash flow hedges, the effective portion of the derivative’s mark-to-market gain or loss is initially reported as a component of AOCI and subsequently reclassified into earnings when the hedged transactions occur and affect earnings. Interest payable and receivable under the swap agreement is accrued and recorded as an adjustment to interest expense.

As of January 31, 2013 and October 31, 2012, the fair value of the interest rate swap were liabilities of $0.2 million, which were included in “Retirement plans and other” on the accompanying unaudited condensed consolidated balance sheets. The amounts included in AOCI were $0.2 million ($0.1 million, net of taxes) at January 31, 2013 and October 31, 2012. Unrealized net losses related to the interest rate swap contract that are expected to be reclassified from AOCI to earnings during the next 12 months were $0.2 million at January 31, 2013.

The following tables set forth the effect of the Company’s interest rate swap contract on the Financial Statements for the three months ended January 31, 2013 and 2012:


	Amount of loss recognized in AOCI on derivative (effective portion)
(in thousands)	2013		2012
Derivatives designated as cash flow hedging relationships
Interest rate swap	$	4	$	67

	Amount of loss reclassified from AOCI into income (effective portion)
(in thousands)	2013		2012
Location of loss reclassified from AOCI into income
Interest expense	$	43	$	39

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

Benefit Plans

3 Months Ended

Jan. 31, 2013

Benefit Plans

9. BENEFIT PLANS

The components of net periodic benefit cost of the defined benefit and other post-retirement benefit plans for the three months ended January 31, 2013 and 2012 were as follows:


	Three Months Ended January 31,
(in thousands)	2013			2012
Defined Benefit Plans
Service cost	$	—		$	12
Interest		100			124
Expected return on assets		(103	)		(122	)
Amortization of actuarial loss		34			24

Net expense	$	31		$	38

Post-Retirement Benefit Plans
Service cost	$	3		$	3
Interest		51			62
Settlements		27			—
Amortization of actuarial loss		1			—

Net expense	$	82		$	65

The entire disclosure for pension and other postretirement benefits.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-URI http://asc.fasb.org/topic&trid=2235017

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Implementation Guide (Q and A)
-Number FAS88
-Paragraph 63
-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 132R
-Paragraph 5
-Subparagraph b
-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 Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-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 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-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 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Emerging Issues Task Force (EITF)
-Number 03-2
-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 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-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 132R
-Paragraph 5
-Subparagraph q
-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 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-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 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 8
-Subparagraph m
-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 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5, 6, 7, 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 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 158
-Paragraph 7, 21, 22
-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 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS106-2
-Paragraph 20, 21, 22
-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 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher AICPA
-Name Accounting Principles Board Opinion (APB)
-Number 30
-Paragraph 26
-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.

Commitments and Contingencies

Commitments and Contingencies

3 Months Ended

Jan. 31, 2013

10. COMMITMENTS AND CONTINGENCIES

Letters of Credit and Bonds

The Company uses letters of credit or surety bonds to secure certain commitments related to insurance programs and for other purposes. At January 31, 2013, these surety bonds and letters of credit totaled approximately $311.6 million and $104.2 million, respectively. Included in the total amount of surety bonds is $10.4 million of bonds with an effective date starting after January 31, 2013.

Legal Matters

The Company has been named a defendant in various proceedings arising in the ordinary course of business, including class actions and purported class actions. Litigation outcomes are difficult to predict and are often resolved over long periods of time. Estimating probable losses requires the analysis of multiple possible outcomes that often depend on judgments about potential actions by third parties. In accordance with FASB Accounting Standards Codification 450-20, Loss Contingencies, the Company accrues for loss contingencies when losses become probable and are reasonably estimable. If the reasonable estimate of the loss is a range and no amount within the range is a better estimate, the minimum amount of the range is recorded as a liability. Legal costs associated with loss contingencies are expensed as incurred. At January 31, 2013, the total amount accrued for all probable litigation losses where a reasonable estimate of the loss could be made was $1.7 million.

The Company does not accrue for contingent losses that, in the judgment of the Company, are considered to be reasonably possible but not probable. Management currently estimates that the range of loss for all reasonably possible losses for which an estimate can be made is between $0.0 million and $97.7 million, including the possible $94.2 million impact of the Augustus case noted below. Factors underlying this estimated range of loss will change from time to time, and actual results may vary significantly from this estimate. Those matters for which the Company cannot reasonably estimate potential losses are not included within this estimated range and, therefore, this range does not represent the Company’s maximum potential loss exposure.

The Company is a defendant in a number of lawsuits, including but not limited to the following lawsuits related to alleged violations of federal and/or state wage-and-hour laws or allegations of sexual harassment, discrimination, or retaliation:

•

the consolidated cases of Augustus, Hall and Davis v. American Commercial Security Services (ACSS) filed July 12, 2005, in the Superior Court of California, Los Angeles County (the “Augustus case”);

•

Bojorquez v. ABM Industries Incorporated and ABM Janitorial Services—Northern California, Inc. filed on January 13, 2010, in the San Francisco Superior Court (the “Bojorquez case”); and

•

the consolidated cases of Bucio and Martinez v. ABM Janitorial Services filed on April 7, 2006, in the Superior Court of California, County of San Francisco ( the “Bucio case”).

Augustus

The Augustus case is a certified class action involving allegations that the Company violated certain state laws relating to rest breaks. On February 8, 2012, the plaintiffs filed a motion for summary judgment on the rest break claim, which sought damages in the amount of $103.1 million, and the Company filed a motion for decertification of the class. On July 6, 2012, the Superior Court of California, Los Angeles County (the “Superior Court”) heard plaintiffs’ motion for damages on the rest break claim and the Company’s motion to decertify the class. On July 31, 2012, the Superior Court denied the Company’s motion and entered judgment in favor of plaintiffs in the amount of approximately $89.7 million. This amount did not include plaintiffs’ attorneys’ fees. The Company filed a notice of appeal on August 29, 2012. The plaintiffs filed three separate motions for attorneys’ fees. One motion sought attorneys’ fees from the common fund. The common fund refers to the approximately $89.7 million judgment entered in favor of the plaintiffs. The other two motions sought attorneys’ fees from the Company in an aggregate amount of approximately $12.4 million. On October 12, 2012, the Company filed oppositions to the two fee motions seeking attorney’s fees from the Company. On January 14, 2013, the Superior Court heard all three fee motions. It granted plaintiffs’ fee motion with respect to the common fund in full. The Superior Court denied one fee motion in its entirety and reduced the other fee motion that originally sought attorneys’ fees to approximately $4.5 million. This $4.5 million is included in the range of loss for all reasonably possible losses noted above. The Company strongly disagrees with the decisions of the Superior Court both with respect to the underlying case and with respect to the award of attorneys’ fees and costs. The Company firmly believes that it has complied with applicable law.

Bojorquez

The Company is a defendant in the Bojorquez case. Plaintiff brought suit for sexual harassment, retaliation, and failure to prevent harassment and discrimination. On May 17, 2012, a jury awarded the plaintiff approximately $0.8 million in damages. The Company filed a notice of intent to appeal on October 11, 2012. On October 17, 2012, plaintiff filed an application for attorneys’ fees and costs with the San Francisco Superior Court seeking approximately $4.8 million in fees and expenses, and the application is still pending. The Company filed its appellate brief on March 1, 2013.

Bucio

The Bucio case is a purported class action involving allegations that the Company failed to track work time and provide breaks. On April 19, 2011, the trial court held a hearing on plaintiffs’ motion to certify the class. At the conclusion of that hearing, the trial court denied plaintiffs’ motion to certify the class. On May 11, 2011, the plaintiffs filed a motion to reconsider, which was denied. The plaintiffs have appealed the class certification issues. The trial court stayed the underlying lawsuit pending the decision in the appeal. On August 30, 2012, the plaintiffs filed their appellate brief on the class certification issues. The Company filed its responsive brief on November 15, 2012.

The Company expects to prevail in these ongoing cases. However, as litigation is inherently unpredictable, there can be no assurance in this regard. If the plaintiffs in one or more of these cases, or other cases, do prevail, the results may have a material effect on our financial position or cash flows.

Other

During October 2011, the Company began an internal investigation into matters relating to compliance with the U.S. Foreign Corrupt Practices Act and the Company’s internal policies in connection with services provided by a foreign entity affiliated with a former joint venture partner of The Linc Group, LLC (“Linc”). Such services commenced prior to the acquisition of Linc. As a result of the investigation, the Company caused Linc to terminate its association with the arrangement. In December 2011, the Company contacted the U.S. Department of Justice and the SEC to voluntarily disclose the results of its internal investigation to date, and it is cooperating with the government’s investigation. The Company cannot reasonably estimate the potential liability, if any, related to these matters. However, based on the facts currently known, the Company does not believe that these matters will have a material adverse effect on its business, financial condition, results of operations, or cash flows.

The entire disclosure for commitments and contingencies.

Reference 1: 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

Reference 2: 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 3: 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 4: 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 5: 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 6: 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 7: 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.

Income Taxes

3 Months Ended

Jan. 31, 2013

Income Taxes

11. INCOME TAXES

The quarterly provision for income taxes is calculated using an estimated annual effective income tax rate, adjusted for discrete items that occur during the reporting period. The effective tax rate on income from continuing operations for the three months ended January 31, 2013 and January 31, 2012 were 22.2% and 41.2%, respectively. The effective tax rate for the quarter ended January 31, 2013 decreased over the quarter ended January 31, 2012 primarily due to discrete tax benefits of $2.9 million related to a retroactive reinstatement of federal employment-based tax credits. Without the discrete items, our estimated annual effective tax rate for the year is expected to be 39.0%. At January 31, 2013, the Company had unrecognized tax benefits of $88.6 million, all of which, if recognized in the future, would affect its effective tax rate. Approximately $0.6 million of the Company’s unrecognized tax benefits have been recorded as a current liability. The Company includes interest and penalties related to uncertain tax positions in income tax expense. As of January 31, 2013, the Company had accrued interest related to uncertain tax positions of $1.4 million.

The Company’s major tax jurisdiction is the United States. The U.S. federal income tax returns for ABM, OneSource Services Inc., and Linc entities that are taxable as corporations remain open for examination for the periods ending October 31, 2006 through October 31, 2012; March 31, 2000 through November 14, 2007; and December 31, 2009 through December 31, 2010, respectively. The Company does business in all 50 states, significantly in California, Texas, and New York, as well as in various foreign jurisdictions. In major state jurisdictions, the tax years 2008-2012 remain open and subject to examination by the appropriate tax authorities. The Company is currently being examined by the taxing authorities in the states of Illinois, Utah, New Jersey, and Florida and in the Commonwealth of Puerto Rico.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(h))
-URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32559-109319

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32718-109319

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 136, 172
-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 SEC
-Name Regulation S-X (SX)
-Number 210
-Section 08
-Paragraph h
-Article 4

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 109
-Paragraph 43, 44, 45, 46, 47, 48, 49
-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.

Segment Information

3 Months Ended

Jan. 31, 2013

Segment Information

12. SEGMENT INFORMATION

Effective in the first quarter of 2013, we have six reportable segments: Janitorial, Facility Services, Parking, Security, Building & Energy Solutions, and Other. See Note 2, “Basis of Presentation,” for additional information regarding our new segment structure. Prior period segment results have been restated to conform to the new segment reporting structure.

Corporate expenses not allocated to segments, among other items, include:

•

certain CEO and other finance and human resource departmental costs;

•

certain information technology costs;

•

share-based compensation costs;

•

certain legal costs and settlements;

•

current actuarial developments of self-insurance reserves related to claims incurred in prior years; and

•

direct acquisition costs.

Financial information for each segment is summarized below:


	Three months ended January 31,
(in thousands)	2013			2012
Revenues:
Janitorial	$	605,519		$	594,340
Facility Services		156,447			144,605
Parking		151,237			153,450
Security		96,673			91,982
Building & Energy Solutions		87,982			89,168
Other		83,980			—
Corporate		285			240

		1,182,123			1,073,785

Operating profit:
Janitorial		29,074			30,508
Facility Services		6,141			6,087
Parking		4,823			4,750
Security		1,668			845
Building & Energy Solutions		796			1,290
Other		1,988			—
Corporate		(23,944	)		(24,672	)
Adjustment for income from unconsolidated affiliates, net included in Building & Energy Solutions		(1,240	)		(1,012	)

		19,306			17,796

Income from unconsolidated affiliates, net		1,195			3,132
Interest expense		(3,310	)		(2,834	)

Income from continuing operations before income taxes	$	17,191		$	18,094

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.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 33
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 35
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 29
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599

Reference 15: 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.

Recent Accounting Pronouncements

Basis of Presentation (Policies)

3 Months Ended

Jan. 31, 2013

Recent Accounting Pronouncements

Basis of Presentation (Tables)

3 Months Ended

Jan. 31, 2013

Segments and Their Activities

Our segments and their activities are as follows:


Segment		Activities
Janitorial		Provides a wide range of essential janitorial services for clients in a variety of facilities, including commercial office buildings, industrial buildings, retail stores, shopping centers, warehouses, airport terminals, health facilities, educational institutions, stadiums and arenas, and government buildings. These services include, among others: floor cleaning and finishing; window washing; furniture polishing; carpet cleaning and dusting; and other building cleaning services.

Facility Services		Provides onsite mechanical engineering and technical services and solutions for facilities and infrastructure systems for clients in a variety of facilities, including: schools; universities; shopping malls; museums; commercial infrastructure; airports and other transportation centers; data centers; high technology manufacturing facilities; corporate office buildings; and resorts.

Parking		Provides parking and transportation services and operates parking lots and garages for clients at many facilities, including office buildings, hotels, medical centers, retail centers, sports and entertainment arenas, educational institutions, municipalities, and airports.

Security		Provides security services for clients in a wide range of facilities, including Class “A” high rise, commercial, industrial, retail, medical, petro-chemical, and residential facilities. Security services include: staffing of security officers; mobile patrol services; investigative services; electronic monitoring of fire and life safety systems and access control devices; and security consulting services.

Building & Energy Solutions		Provides services related to preventative maintenance, retro-commissioning, mechanical retrofits and upgrades, electric vehicle charging stations, electrical service, systems start-ups, performance testing, and energy audits to a wide variety of clients in both the private and public sectors, including U.S. Government entities. Additionally provides support to U.S. Government entities for specialty service solutions such as leadership development, education, and training, language support services, medical support services, and construction management. Also included in the Building & Energy Solutions segment are the Company’s franchised operations under the Linc Network, TEGG, CurrentSAFE, and GreenHomes America brands and the recently acquired HHA Services, Inc. (“HHA”) and the assets and business of Calvert-Jones Company, Inc. (“Calvert-Jones”).

Other		Our recently acquired Air Serv business is included in our Other reportable segment. Air Serv provides integrated facility solutions services for airlines and freight companies at airports primarily in the United States. Services include passenger assistance, wheelchair operations, cabin cleaning, cargo handling, shuttle bus operations, access control, and janitorial services, among others.

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.

Calculation of Basic and Diluted Net Income Per Common Share

Net Income Per Common Share (Tables)

3 Months Ended

Jan. 31, 2013

The calculations of basic and diluted net income per common share are as follows:


	Three Months Ended January 31,
(in thousands, except per share data)	2013		2012
Income from continuing operations	$	13,382	$	10,640
Loss from discontinued operations, net of taxes		—		(10	)

Net income	$	13,382	$	10,630

Weighted-average common and common equivalent shares outstanding—Basic		54,525		53,499
Effect of dilutive securities:
Restricted stock units		422		381
Performance shares		353		298
Stock options		197		315

Weighted-average common and common equivalent shares outstanding—Diluted		55,497		54,493

Net income per common share
Basic	$	0.25	$	0.20
Diluted	$	0.24	$	0.20

Antidilutive Securities Excluded from Computation of Earnings Per Share

The diluted net income per common share excludes certain stock options, performance shares, and RSUs, since the effect of including these awards would have been anti-dilutive as follows:

	Three Months Ended January 31,
(in thousands)	2013		2012
Stock options		1,470		1,359
Performance shares		75		—
Restricted stock units		25		104

Acquisitions (Tables)

3 Months Ended

Jan. 31, 2013

Preliminary Purchase Price and Related Allocations


(in thousands)	Air Serv			HHA			Calvert-Jones
Purchase price:

Total cash consideration	$	158,747		$	34,323		$	6,250

Allocated to:
Cash and cash equivalents	$	10,702		$	832		$	—
Trade accounts receivable		52,838			3,175			1,479
Prepaid expenses and other		5,059			927			601
Property, plant and equipment		18,872			123			49
Other intangible assets		44,500			12,000			2,600
Goodwill		88,205			26,013			3,889
Other assets		—			468			—
Trade accounts payable		(4,604	)		(665	)		(1,200	)
Accrued liabilities		(24,457	)		(4,321	)		(864	)
Insurance claims		(8,901	)		—			—
Net deferred income tax liabilities		(17,212	)		(4,212	)		—
Other		(6,255	)		(17	)		(304	)

Net assets acquired	$	158,747		$	34,323		$	6,250

Fair Value of Financial Instruments (Tables)

3 Months Ended

Jan. 31, 2013

Fair Value Measurements


	Fair Value	January 31, 2013				October 31, 2012
(in thousands)	Hierarchy	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial assets measured at fair value on a recurring basis
Assets held in funded deferred compensation plan ⁽¹⁾	1	$	5,038	$	5,038	$	5,029	$	5,029
Investments in auction rate securities ⁽²⁾	3		17,832		17,832		17,780		17,780

			22,870		22,870		22,809		22,809

Other select financial asset
Cash and cash equivalents ⁽³⁾	1		36,426		36,426		43,459		43,459

Total		$	59,296	$	59,296	$	66,268	$	66,268

Financial liability measured at fair value on a recurring basis
Interest rate swap ⁽⁴⁾	2	$	175	$	175	$	214	$	214
Other select financial liability
Line of credit ⁽⁵⁾	2		423,000		423,000		215,000		215,000

Total		$	423,175	$	423,175	$	215,214	$	215,214

(1)

(2)

(3)	Cash and cash equivalents are stated at nominal value, which equals fair value.

(4)

(5)	Represents the Company’s $650.0 million five-year syndicated line of credit. Due to variable interest rates, the carrying value of outstanding borrowings under the Company’s line of credit approximates its fair value. See Note 8, “Line of Credit,” for more information.

Auction Rate Securities (Tables)

3 Months Ended

Jan. 31, 2013

Significant Assumptions Used to Determine Fair Value of Auction Rate Securities

The following table presents the significant assumptions used to determine the fair value of the Company’s auction rate securities at January 31, 2013 and October 31, 2012:


Assumption	January 31, 2013	October 31, 2012
Discount rates	L + 1.29% – L + 5.53%	L + 1.37% – L + 6.86%
Yields	2.15%, L + 2.00% – L + 3.50%	2.15%, L + 2.00% – L + 3.50%
Average expected lives	4 – 10 years	4 – 10 years

L - One Month LIBOR

Changes in Cost Basis and Fair Value of Auction Rate Securities

The following tables present the changes in the cost basis and fair value of the Company’s auction rate securities as of January 31, 2013 and October 31, 2012:


(in thousands)	Cost Basis			Fair Value (Level 3)
Balance at November 1, 2012	$	17,994		$	17,780
Unrealized gains included in accumulated other comprehensive loss		—			52

Balance at January 31, 2013	$	17,994		$	17,832


(in thousands)	Cost Basis			Fair Value (Level 3)
Balance at November 1, 2011	$	18,307		$	15,670
Unrealized gains included in accumulated other comprehensive loss		—			2,110
Other-than-temporary credit loss recognized in earnings		(313	)		—

Balance at October 31, 2012	$	17,994		$	17,780

Insurance (Tables)

3 Months Ended

Jan. 31, 2013

Standby Letters of Credit, Surety Bonds and Restricted Insurance Deposits Outstanding to Collateralize Self-Insurance Obligations


(in thousands)	January 31, 2013		October 31, 2012
Standby Letters of Credit	$	103,992	$	104,968
Surety Bonds		42,463		34,933
Restricted Insurance Deposits		27,982		31,720

Total	$	174,437	$	171,621

Line of Credit (Tables)

3 Months Ended

Jan. 31, 2013

Effect Of Company's Interest Rate Swap

The following tables set forth the effect of the Company’s interest rate swap contract on the Financial Statements for the three months ended January 31, 2013 and 2012:


	Amount of loss recognized in AOCI on derivative (effective portion)
(in thousands)	2013		2012
Derivatives designated as cash flow hedging relationships
Interest rate swap	$	4	$	67

	Amount of loss reclassified from AOCI into income (effective portion)
(in thousands)	2013		2012
Location of loss reclassified from AOCI into income
Interest expense	$	43	$	39

Benefit Plans (Tables)

3 Months Ended

Jan. 31, 2013

Components of Net Periodic Benefit Cost of Defined Benefit Plans and Post-Retirement Benefit Plans

The components of net periodic benefit cost of the defined benefit and other post-retirement benefit plans for the three months ended January 31, 2013 and 2012 were as follows:


	Three Months Ended January 31,
(in thousands)	2013			2012
Defined Benefit Plans
Service cost	$	—		$	12
Interest		100			124
Expected return on assets		(103	)		(122	)
Amortization of actuarial loss		34			24

Net expense	$	31		$	38

Post-Retirement Benefit Plans
Service cost	$	3		$	3
Interest		51			62
Settlements		27			—
Amortization of actuarial loss		1			—

Net expense	$	82		$	65

Segment Information (Tables)

3 Months Ended

Jan. 31, 2013

Reportable Operating Segments

Financial information for each segment is summarized below:


	Three months ended January 31,
(in thousands)	2013			2012
Revenues:
Janitorial	$	605,519		$	594,340
Facility Services		156,447			144,605
Parking		151,237			153,450
Security		96,673			91,982
Building & Energy Solutions		87,982			89,168
Other		83,980			—
Corporate		285			240

		1,182,123			1,073,785

Operating profit:
Janitorial		29,074			30,508
Facility Services		6,141			6,087
Parking		4,823			4,750
Security		1,668			845
Building & Energy Solutions		796			1,290
Other		1,988			—
Corporate		(23,944	)		(24,672	)
Adjustment for income from unconsolidated affiliates, net included in Building & Energy Solutions		(1,240	)		(1,012	)

		19,306			17,796

Income from unconsolidated affiliates, net		1,195			3,132
Interest expense		(3,310	)		(2,834	)

Income from continuing operations before income taxes	$	17,191		$	18,094

Basis of Presentation - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Basis of Presentation [Line Items]
Changes in reportable segments	As a result, we have separated our previous Facility Solutions reportable segment into two new reportable segments, Facility Services and Building & Energy Solutions.
Parking
Basis of Presentation [Line Items]
Revenues related solely to the reimbursement of expenses	$ 75.9	$ 77.8

Segments and Their Activities (Detail)	3 Months Ended
Segments and Their Activities (Detail)	Jan. 31, 2013
Janitorial
Activities	Provides a wide range of essential janitorial services for clients, in a variety of facilities, including commercial office buildings, industrial buildings, retail stores, shopping centers, warehouses, airport terminals, health facilities, educational institutions, stadiums and arenas, and government buildings. These services include, among others: floor cleaning and finishing; window washing; furniture polishing; carpet cleaning and dusting; and other building cleaning services.
Facility Services
Activities	Provides onsite mechanical engineering and technical services and solutions for facilities and infrastructure systems for clients in a variety of facilities, including: schools; universities; shopping malls; museums; commercial infrastructure; airports and other transportation centers; data centers; high technology manufacturing facilities; corporate office buildings; and resorts.
Parking
Activities	Provides parking and transportation services and operates parking lots and garages for clients at many facilities, including office buildings, hotels, medical centers, retail centers, sports and entertainment arenas, educational institutions, municipalities, and airports.
Security
Activities	Provides security services for clients in a wide range of facilities, including Class "A" high rise, commercial, industrial, retail, medical, petro-chemical, and residential facilities. Security services include: staffing of security officers; mobile patrol services; investigative services; electronic monitoring of fire and life safety systems and access control devices; and security consulting services.
Building & Energy Solutions
Activities	Provides services related to preventative maintenance, retro-commissioning, mechanical retrofits and upgrades, electric vehicle charging stations, electrical service, systems start-ups, performance testing, and energy audits to a wide variety of clients in both the private and public sectors, including U.S. Government entities. Provides programs in support of U.S. Government operations, such as leadership development, education, and training, language support services, medical support services, and construction management. Also included in the Building & Energy Solutions segment are the Company’s franchised operations under the Linc Network, TEGG, CurrentSAFE, and GreenHomes America brands and the recently acquired HHA Services, Inc. (“HHA”) and the assets and business of Calvert-Jones Company, Inc. (“Calvert-Jones”).
Other
Activities	Our recently acquired Air Serv business is included in our Other reportable segment. Air Serv provides integrated facility solutions services for airlines and freight companies at airports primarily in the United States. Services include passenger assistance, wheelchair operations, cabin cleaning, cargo handling, shuttle bus operations, access control, and janitorial services, among others.

Calculations of Basic and Diluted Net Income Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Schedule of Earnings Per Share, Basic and Diluted, by Common Class [Line Items]
Income from continuing operations	$ 13,382	$ 10,640
Loss from discontinued operations, net of taxes		(10)
Net income	$ 13,382	$ 10,630
Weighted-average common and common equivalent shares outstanding-Basic	54,525	53,499
Effect of dilutive securities:
Weighted-average common and common equivalent shares outstanding-Diluted	55,497	54,493
Net income per common share
Basic	$ 0.25	$ 0.20
Diluted	$ 0.24	$ 0.20
Restricted stock units
Effect of dilutive securities:
Effect of dilutive securities	422	381
Performance shares
Effect of dilutive securities:
Effect of dilutive securities	353	298
Stock options
Effect of dilutive securities:
Effect of dilutive securities	197	315

Antidilutive Shares Excluded from Calculation of Net Income Per Common Share (Detail) - shares shares in Thousands	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Stock options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	1,470	1,359
Performance shares
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	75
Restricted stock units
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	25	104

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.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Antidilution
-URI http://asc.fasb.org/extlink&oid=6505113

Reference 2: 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 3: 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 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 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 6: 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 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.

Reference 8: 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.

Acquisitions - Additional Information (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2013	Nov. 30, 2012	Oct. 31, 2012	May 31, 2012
Business Acquisition [Line Items]
Life to date business acquisition entity transaction cost	$ 1,100
Direct acquisition costs	300
Air Serv
Business Acquisition [Line Items]
Business acquisition aggregate purchase price		$ 158,747
Business acquisition indemnification hold back amount		11,900
Revenues from acquired business	84,000
Operating profit (loss) from acquired business	$ 2,000
Fair value of accounts receivables acquired		53,200
Uncollectable receivable amount		400
Air Serv \| Other Identifiable Intangibles \| Customer Contracts And Relationships
Business Acquisition [Line Items]
Weighted-average amortization period for the acquired intangible assets	15 years
HHA
Business Acquisition [Line Items]
Business acquisition aggregate purchase price		34,323
Business acquisition indemnification hold back amount		2,000
Revenues from acquired business	$ 12,800
Operating profit (loss) from acquired business	$ (100)
HHA \| Other Identifiable Intangibles \| Customer Contracts And Relationships
Business Acquisition [Line Items]
Weighted-average amortization period for the acquired intangible assets	13 years
Calvert-Jones
Business Acquisition [Line Items]
Business acquisition aggregate purchase price		6,250
Business acquisition indemnification hold back amount		$ 700
Revenues from acquired business	$ 3,600
Operating profit (loss) from acquired business	$ 100
Calvert-Jones \| Other Identifiable Intangibles \| Customer Contracts And Relationships
Business Acquisition [Line Items]
Weighted-average amortization period for the acquired intangible assets	12 years
TEGG
Business Acquisition [Line Items]
Business acquisition aggregate purchase price				$ 5,500
Business acquisition indemnification hold back amount				$ 500
Business acquisition working capital adjustment			$ 100

Preliminary Purchase Price and Related Allocations (Detail) $ in Thousands	Nov. 30, 2012 USD ($)
Air Serv
Purchase price:
Total cash consideration	$ 158,747
Allocated to:
Cash and cash equivalents	10,702
Trade accounts receivable	52,838
Prepaid expenses and other	5,059
Property, plant and equipment	18,872
Other intangible assets	44,500
Goodwill	88,205
Trade accounts payable	(4,604)
Accrued liabilities	(24,457)
Insurance claims	(8,901)
Net deferred income tax liabilities	(17,212)
Other	(6,255)
Net assets acquired	158,747
HHA
Purchase price:
Total cash consideration	34,323
Allocated to:
Cash and cash equivalents	832
Trade accounts receivable	3,175
Prepaid expenses and other	927
Property, plant and equipment	123
Other intangible assets	12,000
Goodwill	26,013
Other assets	468
Trade accounts payable	(665)
Accrued liabilities	(4,321)
Net deferred income tax liabilities	(4,212)
Other	(17)
Net assets acquired	34,323
Calvert-Jones
Purchase price:
Total cash consideration	6,250
Allocated to:
Trade accounts receivable	1,479
Prepaid expenses and other	601
Property, plant and equipment	49
Other intangible assets	2,600
Goodwill	3,889
Trade accounts payable	(1,200)
Accrued liabilities	(864)
Other	(304)
Net assets acquired	$ 6,250

Fair Value of Financial Instruments (Detail) - USD ($)
$ in Thousands

Jan. 31, 2013

Oct. 31, 2012

Jan. 31, 2012

Oct. 31, 2011

Assets held in funded deferred compensation plan

^[1]

$ 5,038

$ 5,029

Total carrying amounts of Financial Assets

^[2]

17,832

17,780

22,870

22,809

Cash and cash equivalents

36,426

^[3]

43,459

^[3]

$ 17,650

$ 26,467

Total Financial Assets

59,296

66,268

Interest rate swap

^[4]

175

214

Line of credit

^[5]

423,000

215,000

Total Financial Liabilities

423,175

215,214

Fair Value Measurements, Recurring Basis

Total Fair Value of Financial Assets

22,870

22,809

Total Fair Value of Other Financial Assets

59,296

66,268

Total Fair Value of Financial Liabilities

423,175

215,214

Fair Value Measurements, Recurring Basis | Fair Value, Inputs, Level 1

Assets held in funded deferred compensation plan

^[1]

5,038

5,029

Cash and cash equivalents

^[3]

36,426

43,459

Fair Value Measurements, Recurring Basis | Fair Value, Inputs, Level 3

Fair Value Measurements, Recurring Basis | Fair Value, Inputs, Level 2

^[2]

17,832

17,780

Schedule of Available-for-sale Securities [Line Items]

Interest rate swap

^[4]

175

214

Line of credit

^[5]

$ 423,000

$ 215,000

[1]	Represents investments held in a Rabbi Trust associated with our OneSource Deferred Compensation Plan, which we include in "Other assets" on the accompanying unaudited condensed consolidated balance sheets. The fair value of the assets held in the funded deferred compensation plan is based on quoted market prices.
[2]	As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, "Auction Rate Securities," for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.
[3]	Cash and cash equivalents are stated at nominal value, which equals fair value.
[4]	Includes derivatives designated as hedging instruments. The fair value of the interest rate swap is estimated based on the present value of the difference between expected cash flows calculated at the contracted interest rates and the expected cash flows at current market interest rates using observable benchmarks for London Interbank Offered Rate ("LIBOR") forward rates at the end of the period. The fair value is then compared to a valuation received from an independent third-party. See Note 8, "Line of Credit," for more information.
[5]	Represents the Company's $650.0 million five-year syndicated line of credit. Due to variable interest rates, the carrying value of outstanding borrowings under the Company's line of credit approximates its fair value. See Note 8, "Line of Credit," for more information

Fair Value of Financial Instruments (Parenthetical) (Detail) $ in Millions	1 Months Ended
	Feb. 08, 2013 USD ($)	Jan. 31, 2013 USD ($) Entity	Nov. 30, 2010 USD ($)
Financial Instruments [Line Items]
Number of different issuers the Company held investments in for auction rate securities \| Entity		4
Investments in auction rate securities		$ 20.0
Syndicated line of credit, maximum capacity			$ 650.0
Subsequent Event
Financial Instruments [Line Items]
Auction rate securities, redeemed	$ 5.0
Single Issuer Investment
Financial Instruments [Line Items]
Investments in auction rate securities		$ 5.0

Auction Rate Securities - Additional Information (Detail)
$ in Thousands

1 Months Ended

3 Months Ended

Feb. 08, 2013

USD ($)

Jan. 31, 2013

USD ($)

Entity

Oct. 31, 2012

USD ($)

Number of different issuers the Company held investments in for auction rate securities | Entity

Interest rate revising interval

$ 20,000

30 days

Auction rate securities, earliest maturity period

2033

Auction rate securities, latest maturity period

2050

Auction rate securities, at fair value

$ 5,000

Investments in auction rate securities, estimated fair value

^[1]

17,832

$ 17,780

Unrealized losses recorded in accumulated other comprehensive loss, before tax

200

Unrealized losses recorded in accumulated other comprehensive loss, net of taxes

100

Auction Rate Securities

Schedule of Available-for-sale Securities [Line Items]

Auction rate security, at fair value, that was not in unrealized loss position

13,000

10,000

Auction rate securities, continuous unrealized loss position, less than twelve months, fair value

4,800

$ 7,800

Single Issuer Investment

Schedule of Available-for-sale Securities [Line Items]

Schedule of Available-for-sale Securities [Line Items]

$ 5,000

Subsequent Event

Auction rate securities, redeemed

$ 5,000

[1]

As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, "Auction Rate Securities," for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.

Significant Assumptions Used to Determine Fair Value of Auction Rate Securities (Detail) - yr	Jan. 31, 2013	Oct. 31, 2012
Schedule of Available-for-sale Securities [Line Items]
Yields	2.15%	2.15%
Minimum
Schedule of Available-for-sale Securities [Line Items]
Discount rates	1.29%	1.37%
Yields	2.00%	2.00%
Average expected lives	4	4
Maximum
Schedule of Available-for-sale Securities [Line Items]
Discount rates	5.53%	6.86%
Yields	3.50%	3.50%
Average expected lives	10	10

Changes in Cost Basis and Fair Value of Auction Rate Securities (Detail) - USD ($)
$ in Thousands

3 Months Ended

12 Months Ended

Jan. 31, 2013

Oct. 31, 2012

Schedule of Available-for-sale Securities [Line Items]

Balance at beginning of year

^[1]

$ 17,780

Balance at ending of year

^[1]

17,832

$ 17,780

Cost Basis | Auction Rate Securities

Schedule of Available-for-sale Securities [Line Items]

Balance at beginning of year

17,994

18,307

Unrealized gains included in accumulated other comprehensive loss

Other-than-temporary credit loss recognized in earnings

(313)

Balance at ending of year

17,994

Fair Value, Inputs, Level 3 | Auction Rate Securities

Schedule of Available-for-sale Securities [Line Items]

Balance at beginning of year

17,780

15,670

Unrealized gains included in accumulated other comprehensive loss

2,110

Balance at ending of year

$ 17,832

$ 17,780

[1]

As of January 31, 2013, the Company held investments in auction rate securities from four different issuers having an original principal amount of $5.0 million each (aggregating to $20.0 million). For investments in auction rate securities that were not redeemed or had no market activity indicative of value, the fair value was based on discounted cash flow valuation models, primarily utilizing unobservable inputs. See Note 6, "Auction Rate Securities," for the roll-forwards of assets measured at fair value using significant unobservable Level 3 inputs and the sensitivity analysis of significant inputs. Subsequently, on February 8, 2013, one of the auction rate securities was redeemed by the issuer at its par value of $5.0 million. For that particular security, the fair value as of January 31, 2013 was determined to be the same as its par value.

Total of debt securities categorized neither as held-to-maturity nor trading which are intended be sold or mature more than one year from the balance sheet date or operating cycle, if longer.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 25
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=7534914&loc=d3e22054-111558

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=6871852&loc=d3e26626-111562

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 16
-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 Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 13
-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 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 133
-Paragraph 22
-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 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15E
-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 115
-Paragraph 17
-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 FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15C
-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 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 115
-Paragraph 12
-Subparagraph b
-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 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name FASB Staff Position (FSP)
-Number FAS115-1/124-1
-Paragraph 15D
-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.

The amount of other than temporary impairment losses on investments in debt and equity securities categorized as Available-for-sale which have been recognized in earnings during the period. Such impairment losses consist of other than temporary impairments (OTTI) on equity securities, credit losses on investments in debt securities, and when the entity intends to sell an impaired debt security or it is more likely than not that the entity will be required to sell the impaired debt security before recovery of its amortized cost basis.

Insurance - Additional Information (Detail) - USD ($) $ in Millions	3 Months Ended
	Jan. 31, 2013	Oct. 31, 2012
Schedule of Other Liabilities [Line Items]
Self insurance retention amount per-claim	$ 1.0
Commercial insurance policies coverage	200.0
Insurance claim reserves	353.5	$ 343.8
Insurance recoverables	64.5	64.5
Minimum
Schedule of Other Liabilities [Line Items]
Insurance deductibles per occurrence	1.0
Maximum
Schedule of Other Liabilities [Line Items]
Insurance deductibles per occurrence	5.0
Medical and Dental Self Insurance Program
Schedule of Other Liabilities [Line Items]
Insurance claim reserves	7.1	$ 13.0
Medical and Dental Self Insurance Program \| Maximum
Schedule of Other Liabilities [Line Items]
Self insurance retention amount per-claim	0.4
OneSource Services Inc
Schedule of Other Liabilities [Line Items]
Commercial insurance policies coverage	$ 75.0

Standby Letters of Credit, Surety Bonds and Restricted Insurance Deposits Outstanding to Collaterize Self-Insurance Obligations (Detail) - USD ($) $ in Thousands	Jan. 31, 2013	Oct. 31, 2012
Letters Of Credit [Line Items]
Surety bonds	$ 311,600
Self Insurance Programs
Letters Of Credit [Line Items]
Standby Letters of Credit	103,992	$ 104,968
Surety bonds	42,463	34,933
Restricted Insurance Deposits	27,982	31,720
Total	$ 174,437	$ 171,621

Line of Credit - Additional Information (Detail) $ in Millions	1 Months Ended	3 Months Ended	12 Months Ended
	Nov. 30, 2010 USD ($)	Jan. 31, 2013 USD ($)	Oct. 31, 2011	Oct. 31, 2012 USD ($)
Line of Credit Facility [Line Items]
Terminated existing line of credit borrowing capacity	$ 450.0
Line of credit, maximum borrowing capacity	650.0
Syndicated line of credit, optional maximum capacity at any time prior to the expiration (subject to receipt of commitments for the increased amount from existing and new lenders)	$ 850.0
Description of covenants under the Facility		The Credit Agreement contains certain leverage and liquidity covenants that require us to maintain a maximum leverage ratio of 3.25x at the end of each fiscal quarter, a minimum fixed charge coverage ratio of 1.50x at any time, and a consolidated net worth in an amount not less than the sum of (i) $570.0 million, (ii) 50% of our consolidated net income (with no deduction for net loss), and (iii) 100% of our aggregate increases in stockholder’s equity, beginning on November 30, 2010, each as further described in the Credit Agreement, as amended. The Company was in compliance with all covenants as of January 31, 2013.
Covenants maximum leverage ratio		3.25
Minimum fixed charge coverage ratio		1.50
Consolidated net worth		$ 570.0
Consolidated net income earned		50.00%
Aggregate increases in stockholders' equity		100.00%
Line of credit, amount outstanding		$ 423.0		$ 104.0
Standby letters of credit under the credit facility		215.0		105.0
Line of credit, borrowing capacity currently available		$ 123.0		330.0
Forward starting swaps
Line of Credit Facility [Line Items]
Derivative agreement date		Oct. 19, 2010
Description of derivative agreement		The Company entered into a three-year forward starting interest rate swap agreement with an underlying notional amount of $25.0 million, pursuant to which the Company receives variable interest payments based on LIBOR and pays fixed interest at a rate of 0.89%. The effective date of this hedge was February 24, 2011. This swap is intended to hedge the interest risk associated with the Company's forecasted floating-rate, LIBOR-based debt.
Interest rate swap agreement period		3 years
Notional amount of derivatives		$ 25.0
Derivative, fixed interest rate		0.89%
Derivative, effective date		Feb. 24, 2011
Derivative, maturity date		Feb. 24, 2014
Interest Rate Swap
Line of Credit Facility [Line Items]
Fair value of interest rate swaps		$ 0.2		0.2
Effective portion of cash flow hedges included in accumulated other comprehensive loss, before tax		0.2		0.2
Effective portion of cash flow hedges included in accumulated other comprehensive loss, net of tax		0.1		$ 0.1
Standby Letters of Credit
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity		300.0
Swing Line Loan
Line of Credit Facility [Line Items]
Line of credit, maximum borrowing capacity		50.0
Second Amendment
Line of Credit Facility [Line Items]
Syndicated line of credit facility, expiration date			Sep. 08, 2016
Line of credit, interest rate terms	Borrowings under the Facility bear interest at a rate equal to an applicable margin plus, at the Company’s option, either a (a) eurodollar rate (generally LIBOR) or (b) base rate determined by reference to the highest of (1) the federal funds rate plus 0.50%, (2) the prime rate announced by Bank of America, N.A. from time to time, and (3) the eurodollar rate plus 1.00%. The applicable margin is a percentage per annum varying from 0.00% to 0.75% for base rate loans and 1.00% to 1.75% for eurodollar loans, based upon the Company’s leverage ratio. The Company also pays a commitment fee, based on the leverage ratio, payable quarterly in arrears, ranging from 0.225% to 0.300% on the average daily unused portion of the Facility. For purposes of this calculation, irrevocable standby letters of credit, issued primarily in conjunction with the Company’s self-insurance program, and cash borrowings are included as outstanding under the Facility.
Second Amendment \| Minimum
Line of Credit Facility [Line Items]
Percentage of commitment fee on the unused portion of the Facility	0.225%
Second Amendment \| Maximum
Line of Credit Facility [Line Items]
Percentage of commitment fee on the unused portion of the Facility	0.30%
Second Amendment \| Federal Funds Rate
Line of Credit Facility [Line Items]
Variable rate	0.50%
Second Amendment \| Eurodollar Rate
Line of Credit Facility [Line Items]
Variable rate	1.00%
Second Amendment \| Base Rate Loans \| Minimum
Line of Credit Facility [Line Items]
Variable rate	0.00%
Second Amendment \| Base Rate Loans \| Maximum
Line of Credit Facility [Line Items]
Variable rate	0.75%
Second Amendment \| Eurodollar Loans \| Minimum
Line of Credit Facility [Line Items]
Variable rate	1.00%
Second Amendment \| Eurodollar Loans \| Maximum
Line of Credit Facility [Line Items]
Variable rate	1.75%
Unrealized Loss On Derivatives
Line of Credit Facility [Line Items]
Unrealized net losses related to the interest rate swap contract		$ 0.2

Company's Interest Rate Swap Contract on Consolidated Financial Statements (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Interest Expense
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Amount of loss reclassified from AOCI into income	$ 43	$ 39
Interest Rate Swap
Other than Temporary Impairment, Credit Losses Recognized in Earnings [Line Items]
Amount of loss recognized in AOCI on derivative	$ 4	$ 67

Components of Net Periodic Benefit Cost of Defined Benefit Plans and Post-Retirement Benefit Plans (Detail) - USD ($) $ in Thousands	3 Months Ended
	Jan. 31, 2013	Jan. 31, 2012
Defined Benefit Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost		$ 12
Interest	$ 100	124
Expected return on assets	(103)	(122)
Amortization of actuarial loss	34	24
Net expense	31	38
Post-Retirement Benefit Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	3	3
Interest	51	62
Settlements	27
Amortization of actuarial loss	1
Net expense	$ 82	$ 65

An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 30
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512136

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 60
-Glossary Expected Return on Plan Assets
-URI http://asc.fasb.org/extlink&oid=6512171

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(3)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-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 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph h
-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 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-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.

The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time.

The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan.

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Service Cost (Component of Net Periodic Pension Cost)
-URI http://asc.fasb.org/extlink&oid=6525008

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 715
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)(1)
-URI http://asc.fasb.org/extlink&oid=21915506&loc=d3e1928-114920

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 87
-Paragraph 264
-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 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 132R
-Paragraph 5
-Subparagraph a, h
-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 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Statement of Financial Accounting Standard (FAS)
-Number 106
-Paragraph 518
-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.