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Goodwill and Intangible Assets (Tables)
12 Months Ended
Oct. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill Changes in the carrying amount of goodwill during 2025 by operating segment:
 Industrial Precision SolutionsMedical and Fluid SolutionsAdvanced Technology SystemsTotal
Balance at October 31, 2024$1,207,631 $1,669,748 $403,440 $3,280,819 
Acquisitions (1)
 (14,130) (14,130)
Other (2)
 (10,565) (10,565)
Division Transfer (3)
(29,010) 29,010  
Currency effect31,745 2,415 14,401 48,561 
Balance at October 31, 2025$1,210,366 $1,647,468 $446,851 $3,304,685 

(1) Measurement period adjustments related to the acquisition of Atrion. See Note 3 to the Consolidated Financial Statements for additional details.
(2) Allocation of goodwill related to the sale of select product lines in the medical contract manufacturing business.
(3) In the first quarter of 2025, the Measurement and Control Solutions ("MCS") division was transferred from the IPS segment to the ATS segment due to an organizational change and determination that the economic and business characteristics of MCS better aligned with the Company’s ATS segment. This division transfer reflects the transfer of goodwill from IPS to
ATS as a result of this change. In addition, the Company reassessed its reporting units for purposes of annual goodwill impairment testing due to a number of recent developments, including the status of integration activities associated with several significant acquisitions over the last few years and changes in the management of divisions, such as the transfer of MCS to the ATS segment. As a result of this reassessment and in consideration of the Company's management reporting structure, economic characteristics of the divisions and nature of the products and services of those divisions, the Company determined its reporting units should be the same as its operating segments: ATS, IPS and MFS. In accordance with ASC 350, Intangibles - Goodwill and Other, the Company properly assessed for indicators of impairment of goodwill at the time of the reporting unit change, concluding that no impairment existed.
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 (1)
(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 
(1) The IPS decrease reflects ARAG acquisition measurement period adjustments and the MFS increase in goodwill was due to the acquisition of Atrion. See Note 3 to the Consolidated Financial Statements for additional details.
Summary of Intangible Assets Subject to Amortization
Information regarding intangible assets subject to amortization: 
October 31, 2025
Carrying
Amount
Accumulated
Amortization
Net Book
Value
Customer relationships$899,402 $390,751 $508,651 
Patent/technology costs235,255 155,865 79,390 
Trade names169,127 75,581 93,546 
Noncompete agreements8,596 8,596  
Other929 929  
Total$1,313,309 $631,722 $681,587 
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 
Estimated Amortization Expense
Estimated amortization expense for each of the five succeeding years:
YearAmounts
2026$77,765 
2027$69,053 
2028$66,061 
2029$60,541 
2030$57,533