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Goodwill And Other Intangible Assets
3 Months Ended
Jan. 30, 2015
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 30, 2015 is $1,103,225, a decrease of $22,599 from the end of fiscal year 2014. The decrease was primarily due to foreign currency translation and the divestiture of a non-strategic specialty product offering in our Coatings segment. See Note 2 in the Condensed Consolidated Financial Statements for further information on the divestiture.
Total intangible asset amortization expense for the three months ended January 30, 2015 was $2,157, compared to $2,044 for the same period last year. Estimated annual amortization expense for each of the five succeeding fiscal years based on the intangible assets as of January 30, 2015 is expected to be approximately $9,000.