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Goodwill And Other Intangible Assets
3 Months Ended
Jan. 29, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill And Other Intangible Assets
NOTE 4 – GOODWILL AND OTHER INTANGIBLE ASSETS
The carrying amount of goodwill as of January 29, 2016 is $1,281,756, a decrease of $5,947 from the end of fiscal year 2015. The decrease is primarily due to foreign currency translation.
Intangibles, net, as of January 29, 2016 are $633,521, a decrease of $9,579 from the end of fiscal year 2015. The decrease is due to foreign currency translation and amortization.
Total intangible asset amortization expense for the three months ended January 29, 2016 was $2,793, compared to $2,157 for the same period last year. The increase in amortization expense is primarily due to the acquisition of Quest. Estimated annual amortization expense for fiscal 2016 and for each of the five succeeding fiscal years based on the intangible assets as of January 29, 2016 is expected to be approximately $12,000.