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GOODWILL AND INTANGIBLE ASSETS
6 Months Ended
Apr. 26, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND INTANGIBLE ASSETS GOODWILL AND INTANGIBLE ASSETS
 
Goodwill: The changes in the carrying amounts of goodwill for the thirteen and twenty-six weeks ended April 26, 2020, are:
(in thousands)
Grocery
Products
 
Refrigerated
Foods
 
Jennie-O
Turkey Store
 
International
& Other
 
Total
Balance at January 26, 2020
$
632,301

 
$
1,458,692

 
$
176,628

 
$
216,467

 
$
2,484,088

Goodwill Acquired

 
212,871

 

 

 
212,871

Foreign Currency Translation

 

 

 
(14,120
)
 
(14,120
)
Balance at April 26, 2020
$
632,301

 
$
1,671,563

 
$
176,628

 
$
202,347

 
$
2,682,839

(in thousands)
Grocery
Products
 
Refrigerated
Foods
 
Jennie-O
Turkey Store
 
International
& Other
 
Total
Balance at October 27, 2019
$
632,301

 
$
1,458,692

 
$
176,628

 
$
214,024

 
$
2,481,645

Goodwill Acquired

 
212,871

 

 

 
212,871

Foreign Currency Translation

 

 

 
(11,677
)
 
(11,677
)
Balance at April 26, 2020
$
632,301

 
$
1,671,563

 
$
176,628

 
$
202,347

 
$
2,682,839



The increase to goodwill during the thirteen and twenty-six weeks ended April 26, 2020, is related to the acquisition of Sadler's. The allocation from goodwill to identifiable assets is pending a third party valuation.

Intangible Assets: The carrying amounts for indefinite-lived intangible assets are:
(in thousands)
April 26,
2020
 
October 27,
2019
Brands/Tradenames/Trademarks
$
953,190

 
$
959,400

Other Intangibles
184

 
184

Foreign Currency Translation
(6,211
)
 
(3,803
)
Total
$
947,163

 
$
955,781



The gross carrying amount and accumulated amortization for definite-lived intangible assets are:
 
April 26, 2020
 
October 27, 2019
(in thousands)
Gross Carrying
Amount
 
Accumulated
Amortization
 
Gross Carrying
Amount
 
Accumulated
Amortization
Customer Lists/Relationships
$
113,739

 
$
(41,350
)
 
$
113,739

 
$
(36,744
)
Tradenames/Trademarks
10,536

 
(2,447
)
 
4,326

 
(1,589
)
Other Intangibles
2,631

 
(1,920
)
 
2,631

 
(1,228
)
Foreign Currency Translation

 
(4,415
)
 

 
(3,054
)
Total
$
126,906

 
$
(50,132
)
 
$
120,696

 
$
(42,615
)

 
Amortization expense was $3.4 million and $6.2 million for the thirteen and twenty-six weeks ended April 26, 2020, respectively, compared to $3.1 million and $6.3 for the thirteen and twenty-six weeks ended April 28, 2019.
 
Estimated annual amortization expense for the five fiscal years after October 27, 2019, is:
(in thousands)
 
2020
$
11,700

2021
12,000

2022
11,644

2023
10,739

2024
8,921