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Goodwill and Other Intangible Assets (Tables)
6 Months Ended
Apr. 30, 2018
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, 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

 

Acquisitions

 

 

 

 

 

20,561

 

 

 

 

 

 

20,561

 

Currency effect

 

 

4,271

 

 

 

2,758

 

 

 

 

 

 

7,029

 

Balance at April 30, 2018

 

$

396,566

 

 

$

1,196,176

 

 

$

24,058

 

 

$

1,616,800

 

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

April 30, 2018

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

485,317

 

 

$

121,602

 

 

$

363,715

 

Patent/technology costs

 

 

155,854

 

 

 

55,215

 

 

 

100,639

 

Trade name

 

 

96,994

 

 

 

31,758

 

 

 

65,236

 

Non-compete agreements

 

 

11,659

 

 

 

9,774

 

 

 

1,885

 

Other

 

 

1,392

 

 

 

1,389

 

 

 

3

 

Total

 

$

751,216

 

 

$

219,738

 

 

$

531,478

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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