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Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Jan. 31, 2018
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, 2018 by operating segment are as follows:

 

 

 

Adhesive Dispensing

Systems

 

 

Advanced Technology

Systems

 

 

Industrial Coating

Systems

 

 

Total

 

Balance at October 31, 2017

 

$

392,295

 

 

$

1,172,857

 

 

$

24,058

 

 

$

1,589,210

 

Acquisition

 

 

 

 

 

20,078

 

 

 

 

 

 

20,078

 

Currency effect

 

 

7,561

 

 

 

5,276

 

 

 

 

 

 

12,837

 

Balance at January 31, 2018

 

$

399,856

 

 

$

1,198,211

 

 

$

24,058

 

 

$

1,622,125

 

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

January 31, 2018

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

487,946

 

 

$

113,320

 

 

$

374,626

 

Patent/technology costs

 

 

156,919

 

 

 

52,741

 

 

 

104,178

 

Trade name

 

 

97,322

 

 

 

30,215

 

 

 

67,107

 

Non-compete agreements

 

 

11,732

 

 

 

9,657

 

 

 

2,075

 

Other

 

 

1,393

 

 

 

1,392

 

 

 

1

 

Total

 

$

755,312

 

 

$

207,325

 

 

$

547,987

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

October 31, 2017

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

480,536

 

 

$

102,033

 

 

$

378,503

 

Patent/technology costs

 

 

150,581

 

 

 

48,669

 

 

 

101,912

 

Trade name

 

 

93,281

 

 

 

28,366

 

 

 

64,915

 

Non-compete agreements

 

 

11,142

 

 

 

9,298

 

 

 

1,844

 

Other

 

 

1,384

 

 

 

1,378

 

 

 

6

 

Total

 

$

736,924

 

 

$

189,744

 

 

$

547,180