Goodwill and Intangible Assets

3 Months Ended

Jan. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill

The change in the carrying amount of goodwill for the three months ended January 31, 2020 was as follows:



	Three Months Ended
	January 31, 2020
	(In thousands)
Beginning balance as of November 1, 2019	$	145,563
Foreign currency translation adjustment	1,027
Balance as of the end of the period	$	146,590

During the year ended October 31, 2019, we recorded impairment charges of $74.6 million associated with our NA Cabinet Components segment, which reduced the goodwill balance applicable to this reporting unit from $113.7 million to $39.1 million. Our other reporting units were not deemed to be impaired at our annual goodwill impairment testing date, August 31, 2019. As of January 31, 2020, there were no further indicators of impairment. Should our actual results for our NA Cabinet Components operating segment be lower than expected in the future, the corresponding goodwill could become impaired and the impairment could be material. For a summary of the change in the carrying amount of goodwill by segment, see Note 13, "Segment Information."

Identifiable Intangible Assets

Amortizable intangible assets consisted of the following as of January 31, 2020 and October 31, 2019:



	January 31, 2020				October 31, 2019
	Gross Carrying Amount		Accumulated Amortization		Gross Carrying Amount		Accumulated Amortization
	(In thousands)
Customer relationships	$	154,727	$	73,029	$	153,950	$	70,103
Trademarks and trade names	55,988		35,811		55,745		35,210
Patents and other technology	22,397		19,934		22,386		19,471
Total	$	233,112	$	128,774	$	232,081	$	124,784

We had aggregate amortization expense related to intangible assets for the three months ended January 31, 2020 of $3.7 million and $4.0 million for the comparable prior year period.

Estimated remaining amortization expense, based on current intangible balances, for each of the fiscal years ending October 31, is as follows (in thousands):



	Estimated Amortization Expense
2020 (remaining nine months)	$	10,594
2021	12,619
2022	11,998
2023	11,251
2024	10,520
Thereafter	47,356
Total	$	104,338