Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill during 2020 by operating segment:

	Industrial Precision Solutions		Advanced Technology Solutions		Total
Balance at October 31, 2019	$	411,461	$	1,203,278	$	1,614,739
Acquisitions	—		90,441		90,441
Other	(453)				(453)
Currency effect	4,854		3,773		8,627
Balance at October 31, 2020	$	415,862	$	1,297,492	$	1,713,354

The Other activity above reflects an allocation of goodwill to the disposal group classified as held for sale. See Note 4, Assets Held for Sale.

Changes in the carrying amount of goodwill during 2019 by operating segment: 

	Industrial Precision Solutions		Advanced Technology Solutions		Total
Balance at October 31, 2018	$	413,049	$	1,194,969	$	1,608,018
Acquisition	—		9,225		9,225
Currency effect	(1,588)		(916)		(2,504)
Balance at October 31, 2019	$	411,461	$	1,203,278	$	1,614,739

Summary of Intangible Assets Subject to Amortization

Information regarding intangible assets subject to amortization: 

	October 31, 2020
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	483,568	$	193,617	$	289,951
Patent/technology costs	153,555		76,934		76,621
Trade name	74,240		34,693		39,547
Noncompete agreements	9,908		8,444		1,464
Other	1,403		1,400		3
Total	$	722,674	$	315,088	$	407,586

	October 31, 2019
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	480,007	$	173,996	$	306,011
Patent/technology costs	154,735		71,663		83,072
Trade name	96,655		41,303		55,352
Noncompete agreements	11,540		10,406		1,134
Other	1,400		1,394		6
Total	$	744,337	$	298,762	$	445,575

Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding years:

Year	Amounts
2021	$	50,576
2022	$	46,685
2023	$	45,697
2024	$	40,815
2025	$	39,115