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Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Jul. 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 nine months ended July 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

 

Acquisitions

 

 

 

 

 

21,912

 

 

 

 

 

 

21,912

 

Currency effect

 

 

445

 

 

 

166

 

 

 

 

 

 

611

 

Balance at July 31, 2018

 

$

392,740

 

 

$

1,194,935

 

 

$

24,058

 

 

$

1,611,733

 

 

Summary of Intangible Assets Subject to Amortization

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

 

 

 

July 31, 2018

 

 

 

Carrying Amount

 

 

Accumulated

Amortization

 

 

Net Book Value

 

Customer relationships

 

$

482,351

 

 

$

129,563

 

 

$

352,788

 

Patent/technology costs

 

 

154,533

 

 

 

57,498

 

 

 

97,035

 

Trade name

 

 

96,588

 

 

 

33,259

 

 

 

63,329

 

Non-compete agreements

 

 

11,563

 

 

 

9,873

 

 

 

1,690

 

Other

 

 

1,388

 

 

 

1,387

 

 

 

1

 

Total

 

$

746,423

 

 

$

231,580

 

 

$

514,843

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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