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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Apr. 30, 2017
Goodwill And Intangible Assets Disclosure [Abstract]  
Summary of Changes in Carrying Amount of Goodwill

Changes in the carrying amount of goodwill for the six months ended April 30, 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

 

 

 

 

 

499,822

 

 

 

 

 

 

499,822

 

Currency effect

 

 

(823

)

 

 

209

 

 

 

 

 

 

(614

)

Balance at April 30, 2017

 

$

384,910

 

 

$

1,197,377

 

 

$

24,058

 

 

$

1,606,345

 

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

April 30, 2017

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

485,216

 

 

$

82,444

 

 

$

402,772

 

Patent/technology costs

 

 

137,648

 

 

 

42,248

 

 

 

95,400

 

Trade name

 

 

92,783

 

 

 

25,041

 

 

 

67,742

 

Non-compete agreements

 

 

10,942

 

 

 

8,721

 

 

 

2,221

 

Other

 

 

1,387

 

 

 

1,383

 

 

 

4

 

Total

 

$

727,976

 

 

$

159,837

 

 

$

568,139

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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