Goodwill and Intangible Assets (Tables)

12 Months Ended

Oct. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill during 2023 by operating segment:

	Industrial Precision Solutions		Medical Fluid Systems		Advanced Technology Systems		Total
Balance at October 31, 2022	$	520,236	$	1,172,069	$	112,388	$	1,804,693
Acquisitions	694,900		—		285,330		980,230
Currency effect	(6,140)		1,789		3,629		(722)
Balance at October 31, 2023	$	1,208,996	$	1,173,858	$	401,347	$	2,784,201

The increase in goodwill for 2023 was due to the acquisition of CyberOptics and the ARAG Group. See Note 3 for additional details.

Changes in the carrying amount of goodwill during 2022 by operating segment: 

	Industrial Precision Solutions		Medical Fluid Systems		Advanced Technology Systems		Total
Balance at October 31, 2021	$	415,020	$	1,176,149	$	121,979	$	1,713,148
Acquisitions	131,129		—		—		131,129
Currency effect	(25,913)		(4,080)		(9,591)		(39,584)
Balance at October 31, 2022	$	520,236	$	1,172,069	$	112,388	$	1,804,693

Summary of Intangible Assets Subject to Amortization

Information regarding intangible assets subject to amortization: 

	October 31, 2023
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	794,706	$	287,585	$	507,121
Patent/technology costs	204,905		112,994		91,911
Trade names	125,692		52,488		73,204
Noncompete agreements	10,028		9,521		507
Other	182		181		1
Total	$	1,135,513	$	462,769	$	672,744

	October 31, 2022
	Carrying Amount		Accumulated Amortization		Net Book Value
Customer relationships	$	480,058	$	250,798	$	229,260
Patent/technology costs	157,549		96,426		61,123
Trade names	82,759		44,707		38,052
Noncompete agreements	10,253		9,290		963
Other	446		442		4
Total	$	731,065	$	401,663	$	329,402

Estimated Amortization Expense

Estimated amortization expense for each of the five succeeding years:

Year	Amounts
2024	$	75,447
2025	71,291
2026	67,226
2027	63,353
2028	60,135