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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Jan. 31, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the three months ended January 31, 2017 by operating segment are as follows:

 

 

 

Adhesive Dispensing

Systems

 

 

Advanced Technology

Systems

 

 

Industrial Coating

Systems

 

 

Total

 

Balance at October 31, 2016

 

$

385,733

 

 

$

697,346

 

 

$

24,058

 

 

$

1,107,137

 

Acquisitions

 

 

 

 

 

6,622

 

 

 

 

 

 

6,622

 

Currency effect

 

 

(1,800

)

 

 

(386

)

 

 

 

 

 

(2,186

)

Balance at January 31, 2017

 

$

383,933

 

 

$

703,582

 

 

$

24,058

 

 

$

1,111,573

 

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

January 31, 2017

 

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Net Book Value

 

Customer relationships

 

$

209,609

 

 

$

75,833

 

 

$

133,776

 

Patent/technology costs

 

 

98,690

 

 

 

39,760

 

 

 

58,930

 

Trade name

 

 

86,186

 

 

 

23,493

 

 

 

62,693

 

Non-compete agreements

 

 

9,917

 

 

 

8,475

 

 

 

1,442

 

Other

 

 

1,384

 

 

 

1,379

 

 

 

5

 

Total

 

$

405,786

 

 

$

148,940

 

 

$

256,846

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2016

 

 

 

Carrying Amount

 

 

Accumulated Amortization

 

 

Net Book Value

 

Customer relationships

 

$

207,493

 

 

$

71,608

 

 

$

135,885

 

Patent/technology costs

 

 

97,640

 

 

 

37,873

 

 

 

59,767

 

Trade name

 

 

85,271

 

 

 

22,140

 

 

 

63,131

 

Non-compete agreements

 

 

9,855

 

 

 

8,347

 

 

 

1,508

 

Other

 

 

1,400

 

 

 

1,389

 

 

 

11

 

Total

 

$

401,659

 

 

$

141,357

 

 

$

260,302