Goodwill and Intangible Assets

9 Months Ended

Jul. 31, 2018

Goodwill And Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets

Note 5. Goodwill and Intangible Assets

The table below represents goodwill by segment:

	July 31, 2018		October 31, 2017
Fire & Emergency	$	88.6	$	88.3
Commercial		29.9		28.7
Recreation		44.1		16.2
Total goodwill	$	162.6	$	133.2

The change in the net carrying value amount of goodwill consisted of the following:

	Nine Months Ended
	July 31, 2018		July 29, 2017
Balance at beginning of period	$	133.2	$	84.5
Activity during the quarter:
Activity from prior year acquisitions		2.4		1.1
Activity from current year acquisitions		27.0		44.2
Balance at end of period	$	162.6	$	129.8

Intangible assets (excluding goodwill) consisted of the following:

	Weighted- Average Life		July 31, 2018			October 31, 2017
Finite-lived intangible assets:
Technology-related		7.0	$	1.7		$	1.7
Customer relationships		8.0		124.4			112.0
Order backlog		1.0		6.5			4.7
Non-compete agreements		5.0		2.7			2.0
Trade names		7.0		3.5			3.5
				138.8			123.9
Less: accumulated amortization				(74.8	)		(62.1	)
				64.0			61.8
Indefinite-lived trade names				115.9			106.1
Total intangible assets, net			$	179.9		$	167.9

Amortization expense was $4.6 million and $5.1 million for the three months ended July 31, 2018, and July 29, 2017, respectively, and $13.7 million and $10.4 million for the nine months ended July 31, 2018, and July 29, 2017, respectively.