Goodwill and Other Intangible Assets

3 Months Ended

Jan. 31, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and other intangible assets  

Changes in the carrying amount of goodwill for the three months ended January 31, 2021 by operating segment are as follows:

	Industrial Precision Solutions		Advanced Technology Solutions		Total
Balance at October 31, 2020	$	415,862	$	1,297,492	$	1,713,354
Currency effect	4,614		4,856		9,470
Balance at January 31, 2021	$	420,476	$	1,302,348	$	1,722,824

Information regarding our intangible assets subject to amortization is as follows:

	January 31, 2021
	Carrying  Amount		Accumulated Amortization		Net Book  Value
Customer relationships	$	487,336	$	204,435	$	282,901
Patent/technology costs	155,455		81,205		74,250
Trade name	74,737		36,250		38,487
Non-compete agreements	10,031		8,734		1,297
Other	1,404		1,404		—
Total	$	728,963	$	332,028	$	396,935
	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
Non-compete agreements	9,908		8,444		1,464
Other	1,403		1,400		3
Total	$	722,674	$	315,088	$	407,586

Amortization expense for the three months ended January 31, 2021 and 2020 was $13,080 and $16,173, respectively.