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GOODWILL AND OTHER INTANGIBLE ASSETS
 6 Months Ended
Apr. 30, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Intangible Assets Disclosure [Text Block] GOODWILL AND OTHER INTANGIBLE ASSETS
Changes in the carrying amount of goodwill by operating segment for the six months ended April 30, 2024 are as follows (in thousands):
SegmentConsolidated Totals
FSGETG
Balances as of October 31, 2023$1,824,305 $1,450,022 $3,274,327 
Goodwill acquired7,577 — 7,577 
Foreign currency translation adjustments649 2,190 2,839 
Adjustments to goodwill(88)813 725 
Balances as of April 30, 2024$1,832,443 $1,453,025 $3,285,468 
    
The goodwill acquired pertains to the fiscal 2024 acquisition described in Note 2, Acquisition, and represents the residual value after the allocation of the total consideration to the tangible and identifiable intangible assets acquired. The Company estimates that $7 million of the goodwill acquired in fiscal 2024 will be deductible for income tax purposes. Foreign currency translation adjustments are included in other comprehensive income (loss) in the Company's Condensed Consolidated Statements of Comprehensive Income. The adjustments to goodwill represent immaterial measurement period adjustments to the allocation of the purchase consideration of certain fiscal 2023 acquisitions.
Identifiable intangible assets consist of the following (in thousands):
As of April 30, 2024As of October 31, 2023
Gross Carrying AmountAccumulated AmortizationNet Carrying AmountGross Carrying AmountAccumulated AmortizationNet Carrying Amount
Amortizing Assets:
Customer relationships$988,166 ($271,612)$716,554 $967,090 ($227,089)$740,001 
Intellectual property446,307 (120,027)326,280 448,336 (121,503)326,833 
Other8,627 (7,559)1,068 8,685 (7,404)1,281 
1,443,100 (399,198)1,043,902 1,424,111 (355,996)1,068,115 
Non-Amortizing Assets:
Trade names289,435 — 289,435 289,166 — 289,166 
$1,732,535 ($399,198)$1,333,337 $1,713,277 ($355,996)$1,357,281 
    Amortization expense related to intangible assets for the six months ended April 30, 2024 and 2023 was $60.8 million and $36.9 million, respectively. Amortization expense related to intangible assets for the three months ended April 30, 2024 and 2023 was $30.6 million and $19.1 million, respectively. Amortization expense related to intangible assets for the remainder of fiscal 2024 is estimated to be $60.4 million. Amortization expense for each of the next five fiscal years and thereafter is estimated to be $116.2 million in fiscal 2025, $110.5 million in fiscal 2026, $106.1 million in fiscal 2027, $100.6 million in fiscal 2028, $95.1 million in fiscal 2029, and $455.0 million thereafter.