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Goodwill and Intangible Assets (Tables)
12 Months Ended
Oct. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill Changes in the carrying amount of goodwill during 2024 by operating segment:
 Industrial Precision SolutionsMedical and Fluid SolutionsAdvanced Technology SystemsTotal
Balance at October 31, 2023$1,208,996 $1,173,858 $401,347 $2,784,201 
Acquisitions(9,962)494,279  484,317 
Currency effect8,597 1,611 2,093 12,301 
Balance at October 31, 2024$1,207,631 $1,669,748 $403,440 $3,280,819 

The increase in goodwill for 2024 was due to the acquisition of Atrion. See Note 3 to the Consolidated Financial Statements for additional details.
Changes in the carrying amount of goodwill during 2023 by operating segment: 
Industrial Precision SolutionsMedical and Fluid SolutionsAdvanced Technology SystemsTotal
Balance at October 31, 2022$520,236 $1,172,069 $112,388 $1,804,693 
Acquisitions694,900 — 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 
Summary of Intangible Assets Subject to Amortization
Information regarding intangible assets subject to amortization: 
October 31, 2024
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Customer relationships$878,071 $339,756 $538,315 
Patent/technology costs232,371 134,187 98,184 
Trade names167,144 62,887 104,257 
Noncompete agreements8,502 8,412 90 
Other500 500  
Total$1,286,588 $545,742 $740,846 
October 31, 2023
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Customer relationships$794,706 $287,585 $507,121 
Patent/technology costs204,905 112,994 91,911 
Trade names125,692 52,488 73,204 
Noncompete agreements10,028 9,521 507 
Other182 181 
Total$1,135,513 $462,769 $672,744 
Estimated Amortization Expense
Estimated amortization expense for each of the five succeeding years:
YearAmounts
2025$77,220 
2026$73,639 
2027$70,807 
2028$68,239 
2029$62,334