Goodwill and Intangible Assets

6 Months Ended

Apr. 30, 2022

Goodwill And Intangible Assets Disclosure [Abstract]

Note 6. Goodwill and Intangible Assets

The table below represents goodwill by segment:


	April 30, 2022		October 31, 2021
Fire & Emergency	$	88.6	$	88.6
Commercial		26.2		26.2
Recreation		42.5		42.5
Total goodwill	$	157.3	$	157.3

There was no change in the net carrying value of goodwill for the three and six months ended April 30, 2022 and April 30, 2021.

Intangible assets (excluding goodwill) consisted of the following:


	April 30, 2022
	Weighted- Average Life		Gross		Accumulated Amortization			Net
Finite-lived customer relationships		8.0	$	43.7	$	(29.2	)	$	14.5
Indefinite-lived trade names				107.4		—			107.4
Total intangible assets, net			$	151.1	$	(29.2	)	$	121.9


	October 31, 2021
	Weighted- Average Life		Gross		Accumulated Amortization			Net
Finite-lived intangible assets:
Customer relationships		8.0	$	66.2	$	(47.3	)	$	18.9
Non-compete agreements		5.0		2.0		(2.0	)		—
				68.2		(49.3	)		18.9
Indefinite-lived trade names				107.4		—			107.4
Total intangible assets, net			$	175.6	$	(49.3	)	$	126.3

Amortization expense was $2.0 million and $2.5 million for the three months ended April 30, 2022, and April 30, 2021, respectively, and $4.4 million and $5.1 million for the six months ended April 30, 2022 and April 30, 2021, respectively. As of April 30, 2022 and April 30, 2021, fully amortized intangible assets and the related accumulated amortization related to customer relationships and non-compete agreements and trade names, were written off, respectively.